FET Fetch.ai Trade setup after big move, now in correction.Here we are, the price is consolidating near previous highs resistance, now tested 3 times as support.
Now price is approaching the resistance in formed Falling Wedge.
I see few targets near Fibonacci resistance levels 0.618 and 0.786.
Better buy opportunities we can have at buy range below 0.382 Fibonacci support.
Stop loss under 0.114 Fibonacci level.
FET
FET at an important point of decision. Possible break up to ATHThe last 24h have proven itself with high volume and high volatility. We got several indications of FET trading within a symmetrical triangle at the time of writing. We are currently resting on the bottom trend awaiting a bounce, or a break down.
I am not going to point out exact targets yet, but a break up from the triangle will probably push FET to about 15000sats, above the ATH from yesterday.
A break down to the downside will make us test the zone at 9700sats. I will come back with more detailed analysis with targets once FET have chosen direction!
Fetch.AI (FETBTC) New Binance AddFetch.AI (FETBTC) is new so there is no data on the chart.
What you can see here is the support and resistance levels marked. Based on the candlesticks closing, we can know FETBTCs trajectory.
Fetch.AI (FET) Overview
Fetch is a decentralised digital representation of the world in which autonomous software
agents perform useful economic work. This means that they can perform tasks, such as delivering
data or providing services, and are rewarded with a digital currency for their efforts — the Fetch Token.
These agents can be thought of as digital entities: life-forms that are able to make decisions on their own
behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for
example). Fetch's digital world is exposed to agents via its Open Economic Framework (OEF) and is
underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The
ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the
value of the network as it is used. Fetch can be neatly interfaced to existing systems with minimal
effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to
Fetch and watch markets spontaneously form from the bottom up.
What's your take on Fetch.AI?
Where you think is headed next?
What's your opinion about this new cryptocurrency project?
Please share your thoughts in the comments section below.
All information is welcomed.
Namaste.
FET/USDT - The art of buying cheapEminent correction in the Fetch.ai, because of a distortion wave of the price was detected. The asset will search for 61% of Fib Retracement, to test its healthiness of the initial movement. In H1 we can observe an inverted hammer, denoting so the begging of the correction.
FETCH AI TARGET ... HERE ARE YOUR TARGETFetch AI Just Launched.
Once We Break ABOVE 0.00014000 sats
You can set your sell orders at 0.00020000 for a retest of 0.00014000
targets above 0.00020000
first target - 0.00027900
second target - 0.00030000
FOMO but kicks in at once we break above 0.00030000
final target - 0.00043000
by the way now may be a good time to sell some bit torrent
Im not your financial advisor
DYOR :)
LET FETCHHHH ALL THE WAY
FET [Fetch.ai] Another Overpriced Scam-ICOIt is what it is!
ICO price was like 0.000022 BTC which is 0.0867 USD or 0.00858 BNB.
And what now?! You can see Price is just 5 times bigger than ICO price!!!
They will take their profits very soon!
I expect price drop over next few weeks, for like a 50% down move. Be careful here and manage your risks in any situation. Chances to go up is small like a 1/10 that it will go up...
On 5min chart we can see bearish divergence in price and RSI.
Good luck and have fun!
FET/USDT looks ready to retrace!Hello cryptotraders,
We can't publish ideas on 1 min charts so we are doing it on the 15 min. We can count a clean 5 wave upward pattern on FET/USDT with bearish divergence on the 1minute chart. This means that FET will retrace in an ABC structure from here on.
A retrace like that usually stops at the 61.8% fibonacci level so keep an eye on that! We will keep you posted when it happens because we are eyeballing this coin for a short term long trade
Happy hunting!