FET/BTC ANALYSISFET/BTC
FET topped out as is recently hit the daily resistance block and 200 MA. There was a strong rejection and the retrace is bringing FET back down towards support. On the bright side, FET is in a falling wedge that SHOULD end right near the support zone. This is prime for a long position entry and push OUTSIDE of the wedge back up towards T1 at 600 sats. Followed shortly after are the previous highs at T2 of 660 sats. Lastly, the 200 MA at 740 sats is the final exit point. Last time FET hit 200 MA there was a strong rejection, im expecting the same until a major bull market comes into play. Exit accordingly, and also wait for the prime entry.
Possible Entries: 470-520 sats
FET
FET/BTC - DAILY CHARTHi, today we are going to talk about Fetch.ai and its current landscape.
It's of common knowledge among those who observe the cryptocurrency market for a while that this market can be unpredictable and extremely volatile. Even senior traders have stories to tell about gains and losses, due to incredible surges or horrific slumps of the price, learning a complicated and expensive lesson, in the best cases. This week the Traders of Fetch.ai had a similar experience, after the catastrophic slump of the price in the short period, raising concerns over the project stability, and casting doubts over market manipulation, if developers of the project had dumped their holdings or the exchanges had failed somehow. Independent of the origin of the sell-off the hard truth is that in an unregulated market, the eventual lack of liquidity could lead to market manipulation by only a few players that the buying power triggers a cascade effect, of stop losses and margin calls, creating a cycle of panic at the market. Usually, a situation like this could be avoided if crypto exchanges had a trading halt system to hold trades for a specific time so the market could have time to cool down the animosities. About the project itself, nothing happened to justify the sell-off. For a matter of fact their look to be the most shocked ones in this story.
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$ENJ lower TF: RSI & MACD divergence, falling wedge at support.if $ENJ doesn't hold here we could see 1080-1050, but I think a 12-15% bounce here is more likely. Looks very similar to $fet's retest of lower TF support and that ended up bouncing 20%+ ...Lower TF: RSI & MACD divergence, falling wedge at support.
$FET, Crossed over resistance at ~800 sats w/ nice volume levels$FET
Crossed over resistance at ~800 sats w/ nice volume levels (but decreasing)
I can also see an RSI bearish divergence that may signal some retrace (to crossed level?) for a potential flip & entry.
If happens, then entering at R/S flip with ~940sats as target (15%+)
#FET
you are not late! 200mn fet bought last weekslast weeks are over 200 fet bought on market - don't traded - bought!!
this is the same timing like xrp pump in late 2017 or strat in early 2016!
same whales or same strategy?! take risk and learn it!
waiting for breakout with high volume! if we touch 870-920sat - the last call for buying it before to late.
FET channel in 52% increments. Pivot points.Fetch.ai (FET) Channel with a step of 52% Price is now at the upper border of the channel if there is a breakthrough and price fixing above the channel resistance line, then the growth potential is the width of the previous channel.
This is a coin for pumping, and therefore it can be pumped higher, but it’s better to take profit less, but for sure, than much ever, and maybe never.
It is also worth noting that in front of this channel there was a downward wedge that was pierced without correction. Just the first goal of this downward wedge and the growth target for the width of the existing accumulation channel coincide in the same price value - 0.00000950.
But this is provided that the channel resistance is broken and the price fixes above it.
Another option, if this does not happen and the price turns around, in this case, trading inside the channel. Wait until the price drops to the bottom of the channel, support is confirmed and then the entrance. The movement to the channel resistance is about + 40-50% depending on the entry point and again observe what kind of reaction the resistance level will be.
By the way, who does not understand, this is a more profitable and predictable trade.
Fetch.AI
This is one of the new coins on Binance.
The company made IEO on the Binance exchange and at that moment there was a hype for the projects from the Binance and it was a good advertisement for the project.
I can’t say that this project will turn the crypto world upside down. But for speculation I use this coin.
Why it will be growing?
- I see accumulation zone
- New coin
- No pump yet
- Binance exchange
My entry point
Previous signal of this coin
Fetch.AI Is Next In Line | Strong Setup For 50%+ ProfitsFetch.AI (FETBTC) has always been green for us and is now printing a candlestick to break above EMA10 and EMA50 that can lead to an impulse move...
Remember we have an active trade with over 650% of potential profits, you can find it below:
The bullishness and long-term growth potential are intact, FETBTC can print massive growth in late 2019 and/or early 2020.
50%+ Can easily come in on the next move.
Any questions?
Use the comments section below.
Namaste.
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THIS IS NOT FINANCIAL ADVICE.