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FET

FETCH analysis FETUSDAn idea for Fetch.ai Scenario one suggests continuation of the uptrend channel even though the price is below the 200MA which is the differentiating factor between the last two moves up after Fibonacci transition I find the scenario the optimistic one, and the bull one I am rooting for Scenario two suggests 3.618 of the uptrend, acts as resistance, along with the 200MA, rejecting the price and forming a subtle double top (orange oval) This is the bear scenario When scouting for projects like this don't look for small trades like this, look for long term potential. And projects you want to be surrounded by. This is simply just an observation and to give a kick for the bulls and bears, whichever you favor for the coin (I assume mostly bulls)
BINANCE:FETUSD
by Bixley
2
🆓Fetch.ai (FET) July-7 #FET $FETThe FET is heading towards the $0.35 zone, which is a strong resistance but I think the FET will rise sharply and quickly break through this zone to the $0.50 zone in the next few days. We will try to accumulate a lot of FETs in the 2 zones of $0.28 and $0.25. However, if the FET loses the $0.25 zone, the $0.2 zone is still very reliable to buy in 📈BUY 🔴Buy : 0.275-0.285$ 🔴Buy : 0.245-0.255$. SL if B 📉SELL 🔴Sell : 0.34-0.36$. SL if A 🔴Sell : 0.485-0.515$. SL if A ♻️BACK-UP 🔵Sell : 0.245-0.255$ if B. SL if A 🔵Buy : 0.195-0.205$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
1
Double Bottom Is In FET/BTC #FET $FET #FetchAIHere we see our FET daily chart from Bitfinex . You can see we have had a Double Bottom ! That China miner's shut-off seemed to cause a slump in the whole market.And it definitely caused what appeared to be our Bullish Inverse Head & Shoulders pattern to fizzle out a bit at the end and form instead the Double Bottom you see now on FET . But this is a good pattern ! So don't lose hope! It's target should be the 1800/1900 area marked with a green X on the chart above. You can see our 550 bottom from a month ago ? And now last night we wicked very close to it (doesn't have to be exact but within 3% of our previous bottom and we have a Double Bottom !) And we wicked to within 18 sats of the previous bottom last night and that's about 3% from our last bottom so the Double Bottom is in !! Target of the Double Bottom will be the distance from the bottom to the neckline -once we break over the neckline - should pump the same amount up at least over the neckline ( to where that green X is on the chart . ) That would put our target on this Bitfinex chart at about 1800 but on the Binance chart the neckline is just a little bit higher and so the target would be around 1900 ! Great stuff ! I would love to see these numbers come in this Summer ! Also I'd like to say a word about being flexible and not giving up hope . This market is volatile ! And it can change quickly. Especially in a Bullrun year. But wild swings is what gives the Crypto market it's great profit potential and it's why we're here . So be prepared ! Have a Trading Plan ! And have an idea of where you would like to enter and exit . I'm here for the long haul and I have great hope for this Bullrun so I'm not going anywhere but if you are noob it may be easy to lose hope when you see the market pulling back. Just understand that wild swings are normal in a Bullrun year and we should see our FET well over 5400 sats by end of year , imo.
by shimmeringpath
3
Inverse Head & Shoulders ? FET/BTC #FET $FET #FetchAIHere we have our FET daily chart from Bitfinex and you can see what appears to be an Inverse Head & Shoulders pattern forming .This is good .If that is indeed what it is than we are probably finishing the right shoulder formation now . And the target of that should be our 1500/1600 area again . We thought we might go back there after that Butterfly pattern seemed to play out but it didn't quite get there . These harmonic patterns don't always play perfectly. Sometimes they do but sometimes the market is quite volatile ! Anyway I feel FET will see upside and do very well this year . You can see we have also hit a red #8 of a TD Sequential 9 (the numbers under the candlesticks and one of my favorite indicators.) That should signal a turnaround is coming because as you can see - the bottom is in .
by shimmeringpath
I'm a Fan of FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Binance with that colorful Gann Fan indicator on it ! This indicator really explains why FET has had the ups and downs it has had lately because it really seems to fit this Gann Fan . You can see it's a steadily rising fan we are in but we need to break up into those higher levels ! You see where that black arrow is pointing on my chart ? If FET can close above that line it will be extremely bullish because that will take us into the higher blue areas on the Gann Fan and in a Bullrun year that's where I think we are going . I know many people online have become disheartened because of all the nonsense and trolling that goes on. But stay strong ! This is probably a big Bullrun year for Crypto. You can see even in the Kucoin chart of FET that the Gann Fan should play out . Targets appear to be Fib levels but I would probably use the Binance chart for those . Anyway I'm still a fan of FET and they are set to have news this coming week too .
by shimmeringpath
🆓Fetch.ai (FET) June-6 #FET $FETFET is retesting the 0.35$ zone after conquering it 4 days ago. But the recent 1D is very dangerous to FET so we only buy it if it conquers successfully this zone. Because if it fals at this 0.35$ zone, it may fall down to 0.25$ zone 📈BUY - Buy : 0.34-0.36$ if A. SL if B 📉SELL - Sell : 0.535-0.565$. SL if A - Sell : 0.68-0.72$. SL if A ♻️BACK-UP - Sell : 0.34-0.36$ if B. SL if A - Buy : 0.24-0.26$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
Butterfly Effect FET/BTC #FET $FET #FetchAIA Bullish Butterfly pattern appears to be forming here on our FET daily chart . Wow! We just dumped out of that triangle/pennant structure we had been in before! It happens in crypto - what can I say ! Every chart dumped when Bitcoin dumped . We were in a triangle type structure before but we broke bearish and went below it . You can see what looks like a letter 'M' on the chart now? That could be what is called a Bullish Butterfly harmonic pattern . Now I should say at this point that this chart DOES NOT fit the butterfly pattern perfectly. But it fits pretty close and if that's what it is then our bottom should be in more or less (though it can always wick a small amount ) . That's Point D of our harmonic . We went there last night . If we break upwards from there our target is the 1.618 fibonacci extension shown on the chart which is at 1398 sats ( where the little X is on the chart ). That would be the target .Now keep in mind if this chart continues to break downwards then it might invalidate this Butterfly pattern and there might be something totally different going on ! We have to let it play out . Things can change quickly in crypto . It is what it is . Now I've had a couple critics of my charts say that "Hey! You were wrong about that triangle ! Maybe you're wrong about this too ." I can only say when Bitcoin dumps many chart patterns will change into something else . It happens . We must be prepared for wild swings in a bullrun year . I'm still learning too , but at least I'm trying. Also you will notice the name of this chart is Butterfly Effect - this is a concept from Chaos Theory which seems to fit the last couple of weeks pretty well ! It's the idea that one small change in a system can cause much larger changes to happen in that system later . Or put another way that one small incident can have a big impact on the future ! Wow! That fits the times we're living through right now ! Where one small sentence from Elon can cause massive changes in the markets ! But anyway - it would be nice if the dumping is done and we start a rise toward 1400 area. Let's let it play out and see.
by shimmeringpath
Crunch Time For FET/BTC #FET $FET #FetchAIIt will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's recent dump down to 30k that has caused a dump from our recent attempt to break upward out of this structure and continue up to 1550 area . So our chart is left looking a little funky ! But since there are other indicators such as Ichimoku and also the general trend upward during a Bullrun year I would still expect this triangle to break upward within a couple weeks . I'm prepared for Crypto to throw me some curveballs though ! As we've seen recently even a tweet from my guy Elon Musk can send a coin pumping - or not ! But you have got to remember - it's a Bullrun year ! This is not a normal year . Any coin coming from the bottom should start to hit it's fib retracement targets at some point . And we've yet to reach our first fib target near 3420 , which is our .236 fib . I firmly expect us to get there . And above ! Question is what structure we take to get there after this triangle plays out . I'll link my fib targets for FET in the linked chart below . Also as a side note - you may notice I was calling this a Bull pennant before and I'm now calling it a triangle ...well, you've got to be flexible in crypto because sometimes chart patterns change ! And if something is taking a longer time to form it's actually possible it's a symmetrical triangle type structure as opposed to a pennant ( since a pennant generally doesn't take as long to play out . ) So be prepared to change your view if things play out differently ! But I'm still bullish and I still expect upside here . Let's see what the next 2 weeks bring . Sidenote - some people are calling for Bitcoin to dump to 20k but that is not guaranteed to happen so take it with a grain of salt.
by shimmeringpath
6