✳️ FetchAI Perfect Wave Count + Volume & Other SignalsIt might be "too early" but I am seeing here a perfect bullish impulse followed by a classic correction, this is matched by decreasing volume on the correction and hidden bullish divergence on the RSI.
This whole structure/pattern can lead to a new impulse, a 1,2,3,4,5 bullish wave, which would be the third wave of a higher degree.
The revealing signal truly is the volume.
It was rising as prices moved up and dropping as prices moved down, confirming the impulse/correction relationship.
In any case the risk is low and the upwards potential strong. This is not financial advice.
Additional details on the chart.
Namaste.
FET
Fetch AI (FET) Possible Double Bottom• Lately it seems that the AI narrative is gaining traction again. Fetch could be one of the crypto assets that stands to benefit from said hype.
• Fetch has been in a downtrend since February 8th, and it looks like it is forming a double bottom with multiple bullish divergences.
• FET’s double bottom neckline is at the 0.285 USD level . Breaching the neckline and testing it as support could be a long trigger.
• Although FET’s chart in and on itself seems to support a bullish reversal it is advisable to keep an eye out on Bitcoin. Bitcoin faces resistance at the 28,000 – 28,500. If it can flip the 28K level to support, I think that Fetch is good to go. IMO, most alts, FET included, are not strong enough to disregard Bitcoin and just go up.
• Keep an eye on the RSI. IF it breaks out of the channel, it could be an indication that there is momentum behind the move up.
My Trade Idea:
• Entry: 0.285
• SL: Previous candle low. If you have confidence in Fetch, you can give it more space. Personally, I am not 100% sure about this so I will keep the SL tight.
• Targets: 0.31, 0.35, 0.385, 0.43
NFA
Feedback will be appreciated.
Best wishes to all.
FetchAI (#FETUSDT): Downtrend Intact, Potential Correction Ahead💎 #FetchAI (#FETUSDT) recently broke below the downtrend trendline, signaling a continuation of the downtrend. The current price sits at the 161.8% Fibonacci support, indicating a potential for a pullback. A correction could lead #FETUSDT back to the trendline breakout point near $2.4, coinciding with the VolumeProfile resistance.
💎 Sellers currently dominate the market, and only when the supply area turns into a demand zone should we consider buying opportunities. Until then, we should be prepared for a possible downtrend continuation, with a potential 7% drop to the 261.8% Fibonacci support.
#FET🔰#FET - Crypto - Binance
🟩 BUY TRADE !
🛒 Good Entry Between : C.P - 0.240
🔸 Falling Channel Is founded
🔸 Falling trend has broken and tested in 4H candle.
🔸 After Achieving 1st target (5%), Move stop lose to entry.
🔸 Stop Lose Mentioned in the drawing.
🔸 Stop loss after the close of the 4-hour candle.
—
TDAWLY ©
🔥 FET Bullish Divergence: Huge Upside PotentialFET was one of the major winners of the first few months of 2023, but has been severely lacking over the last months. However, after FET reached daily oversold levels on the RSI recently, it caught my attention.
At the moment I'm seeing a strong bullish divergence on the chart, which could be an indication of a reversal. I'm waiting for the price to close above the 0.266 levels, since it seems like a strong resistance. Once we're above there, we can look for long opportunities.
Risk-averse traders might want to take partial profits at 0.285 and 0.345, or even move the stop to break even at the very least.
FETCH.Ai long term more gain and shine 💣🚀💣Hello 🐋
we expect to see more gain for the price in log term targets 🚀💣
Brief explanation 📖👌💡
it brings forward a blockchain platform that takes advantage of artificial intelligence in an attempt to help people automate everyday use.
The aim for Fetch.ai is to become a completely open and permissionless network that leverages AI to create a decentralized system that help by machine learning to execute tasks on the blockchain.
Fetchai is an interchain protocol
it harnesses the power of artificial intelligence to implement automated applications that are P2P without any human interference.
Fetchai was launched back in February 2019 through an Initial Exchange Offering (IEO) on the Binance Launchpad.📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
FETUSDTFet lost important support and the closest support seems to be in the 0.25 range. I expect the trend to react to the price of 0.2650 and go back up to the 0.3 resistance. But in the end, everything depends on the trend of Bitcoin.
Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
FET | Bullish flag breakout confirmed ✅#FET/USDT
- FET forming bullish flag pattern in 1D frame chart!
- the breakout already happened, expecting no less than 80% bullish rally.
🟢Entry price: from now at 0.415 to 0.36
🎯Targets:
|> 0.488
|> 0.54
|> 0.68
|> 0.76
🔴Stop-loss: Daily candle closes under 0.33
for risk takers I recommend to place stop-loss order at 0.28
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.67%
Fetch.AI Starts To Gain Momentum (Easy 50% Possible & Beyond)This one is looking pretty strong in the past few days.
Looks like we will have a very nice bullish-crypto-weekend this week.
Fetch.AI (FETUSDT) has gone above EMA50, 5 days closing green, a strong RSI and really high volume.
We had a lower low 22-Nov. but bear volume was really low.
While the bull volume continues to be predominant in this chart.
The easy target is set at 50%+ followed by 110% for the higher high.
This can happen fast because crypto is wild.
Namaste.
Fetch.AI vs Bitcoin | Things Are ChangingIn the past we would have the USDT pairs and BTC pairs print completely different charts, they would also move inverse to each other.
When USDT pairs went bullish, BTC pairs went bearish and vice-versa.
This isn't the case right now and that is why we need to open ourselves to new possibilities, change, different types of scenarios.
Here we have the BTC pairing for Fetch-AI and is looking just like the USDT pair.
We have a lower low mid-November compared July and after this lower low a strong bullish breakout takes place and FETBTC grows.
Today we see a challenge of the September high...
This is only the beginning, we are bound to see additional growth.
Namaste.
Fetusdt Getting Ready For Massive Bullish Move Fetusdt
FET/USDT on the daily timeframe has confirmed a breakout and is currently undergoing a retest. This retest is an essential part of the breakout process, as it confirms that the previous resistance level has now become support.
Based on these patterns, we anticipate a potential 70-150% bullish move in the near future for FET/USDT. However, it is important to keep in mind that investing in the cryptocurrency market involves risk, and it is crucial to manage your risk and conduct your own research before making any investment decisions.
Therefore, we highly recommend conducting your own analysis and due diligence before investing in FET/USDT or any other cryptocurrency.
If you find our analysis satisfactory, please consider following us for more updates on FET/USDT and other cryptocurrencies. Thank you for reading, and happy trading!