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FET / Euro
Updated

Fetch AI / EURO - A break out already in progress

301
Fetch AI / EURO
I missed the breakout but it was so obvious...

✅Cup and Handle breakout
✅OBV volume breakout (green circle)
✅High Volume Profile
⌛️Possible parabolic curve

There is 141% upside "potential" here but I would like a pull back before entry

▫️ Fetch Ai is 69th by market cap on Coin Market Cap (multiples possible) and has an AI narrative / offering

FET
Note
Fetch AI - FET

Entered a small position at $1.43 (in slight profit)

I am actually 50:50 on the outcome on this one but with the strong break out on the cup and handle and the return of high volume I have opened a small position.

snapshot

I have a longer term view here, whereby I think this could 9x or 10x this cycle but lets start with this less than modest trade set up with a small position

I've been circling FetchAI for weeks and can no longer ignore the chart. Downside risk is a sizable 27%, so I have kept position size small (so I have an opportunity for multiples later in the cycle with minimal risk RIGHT NOW).

PUKA
Note
FET/EURO - 94.6% unrl.profit so far

FetchAI continues to perform and we are now sitting on a 94.6% profit. On Balance Volume continues to rise. IF there any sudden changes I will revisit.
snapshot

I remain fully allocated.
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FETfetchaiFundamental AnalysisTechnical IndicatorsTrend Analysis
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.