1. FET’s Breakout from Broadening Wedge Pattern
2. ONDO’s Bullish Breakout and ATH Target
3. Captain Faibik’s Bullish Predictions for Q4 2024

Crypto analyst Captain Faibik has shared a promising outlook for two tokens, FET and Ondo Finance (ONDO), predicting bullish price movements in Q4 2024. His analysis, shared via tweets, points to potential breakouts in both tokens, with key price targets on the horizon.

FET’s Breakout from Broadening Wedge Pattern

Captain Faibik highlighted FET's recent breakout from a broadening wedge pattern on the daily chart. According to the tweet, the token has broken above the upper trend line of the pattern, which is typically a bullish indicator. However, despite the breakout, a strong bullish rally has not yet occurred. The analyst predicts a substantial price jump in October, so keeping an eye on the token is advisable. The broadening wedge is characterized by diverging trend lines, indicating increased volatility. Now followed by price consolidation, the breakthrough can be a precursor to more significant movement as traders wait for validation of the upward trend. Faibik also set a price target around $4 for FET, representing potential gains from its current levels.

ONDO’s Bullish Breakout and ATH Target

In a separate analysis, Captain Faibik pointed out a bullish breakout in ONDO. He cited a falling wedge pattern as the basis for his optimism. Falling wedge patterns are generally considered bullish, and ONDO’s breakout above the wedge’s upper trend line aligns with this trend, suggesting increased buying interest. According to the chart, ONDO is expected to rise towards a target of over $1.65, a notable increase from its current price. The analyst further predicts a new all-time high (ATH) for ONDO in Q4 2024. This development is key, and traders may closely follow as the token gains traction in the market.

Captain Faibik’s Bullish Predictions for Q4 2024

Both FET and ONDO are experiencing breakouts from technically bullish patterns, according to Captain Faibik’s analysis. While FET is in the early stages of its post-breakout phase, ONDO is also showing signs of bullish momentum after its breakout. Captain Faibik’s tweets indicate that watching the price action is crucial as the tokens could deliver gains in the upcoming quarter. With potential targets set, market participants may find these predictions useful for their trading strategies. By monitoring the charts and price behavior, traders could capitalize on potential opportunities as Q4 unfolds.

Captain Faibik predicts a strong price surge for FET and ONDO in Q4 2024 based on their technical breakouts. Traders may closely monitor these tokens in the market, hoping for significant price movements in the upcoming months.