Alikze »» Rose | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern
- In the daily time frame, in an ascending channel, according to the predicted path, it has grown up to 1.618 fibo of the previous wave, a range of 0.17.
- In the last analysis presented in the 4H time frame in an ascending channel, after breaking the channel and exiting it and breaking the zone, it experienced a correction.
- In the daily time frame, it has had a complete upward cycle, and wave 3 has grown as much as 1.618 of the previous wave.
- At the moment, correction is done as much as 0.23 fibo of the whole structure.
- A corner pattern has been formed which can grow up to the supply area by breaking the 0.072 area.
🛑 The most important resistance: ~ 0.072
💎 NOTE: In addition, if the 0.23 area breaks and stabilizes below it, the bullish scenario will be invalidated.
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BINANCE:ROSEUSDT
FET
FET | ALTCOINS | TOP ALT for coming ALTSEASONFETCH was one of my TOP altcoins for 2024, and has seen some more increases since my lst update. (Find the previous update here :)
THIS is the initial introduction to FETCH in January, when I identified this as a good buy for 2024:
I'm optimistic for the remainder of 2024; FETCH and other alts will see great increases as soon as BTC takes a breather and trades sideways for a few days.
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BINANCE:FETUSDT
FET: New All-Time High Incoming — $9 by July?There’s a high probability of reaching a new all-time high, but there’s a small chance it could hit $9 by July.
Still waiting for the monthly confirmation above $1.87, but if the strength is there... it will happen!
The weekly trend is confirmed, and it looks similar to the price action from October 2023, with almost the same number of consolidation bars. Could we see a massive move by the end of the month?
This is a Macro view from the intial post!
$FETUSDT Heating Up for a Major Breakout!BINANCE:FETUSDT recently experienced an unsuccessful breakout from an inverse head and shoulders pattern, followed by a consolidation phase. Now, it’s forming a bullish channel and showing signs of strength, indicating that a significant upward move may be on the horizon.
As always, remember to use a stop loss and invest only a small portion of your capital to manage risk effectively.
BINANCE:FETUSDT Currently trading at $1.29
Buy level: Above $1.27
Stop loss: Below $1.05
TP1: $1.5
TP2: $1.75
TP3: $2.5
TP4: $3.5
Max Leverage 3x
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Fetch.ai, SingularityNet, and Ocean Protocol Merge to Form $ASIThe world of decentralized artificial intelligence (AI) is witnessing a historic transformation as Fetch.ai, SingularityNet, and Ocean Protocol announce their strategic collaboration. This merger will consolidate all three influential tokens — NYSE:FET , NASDAQ:AGIX , and MIL:OCEAN — into a unified asset: the Artificial Superintelligence ( CSELK:ASI ) token. This bold move aims to position CSELK:ASI among the top 20 largest cryptocurrencies by market capitalization, with an estimated combined value of $7.5 billion.
CSELK:ASI Token Merger Gains Approval
The Artificial Superintelligence Alliance has confirmed community approval for this monumental merger. Following a robust voting process involving the communities of Fetch.ai and SingularityNET, the merger received an overwhelming endorsement. The project has now been rebranded as the Artificial Superintelligence Alliance, a groundbreaking entity poised to drive advancements in AI research and commercialization.
According to the Alliance, this integration will accelerate funding into Artificial General Intelligence (AGI) initiatives, facilitating the widespread accessibility of AI technologies and resources. The goal is to democratize AI, challenging the dominance of Big Tech and empowering decentralized ecosystems.
Dr. Ben Goertzel, Founder and CEO of SingularityNET, emphasized, “The merger represents a significant step toward democratizing AI development. By combining resources and aligning visions, we can make cutting-edge AI innovations accessible to a global audience and foster a fair, inclusive AI economy.”
The Impact on AI and Decentralization
The newly formed Artificial Superintelligence Alliance will be a formidable player in AI development and utilization. By merging expertise from Fetch.ai, SingularityNet, and Ocean Protocol, the Alliance will focus on creating innovative decentralized AI applications, optimizing DeFi services, and developing autonomous machine learning solutions.
The collaboration also comes in response to the growing demand for decentralized AI platforms that prioritize privacy, data security, and equitable distribution of value. By offering robust AI-driven services, the Alliance aims to disrupt traditional AI monopolies held by tech giants.
Technical Analysis of NYSE:FET
From a technical standpoint, NYSE:FET is exhibiting a bullish breakout from a falling wedge pattern, signaling potential upward momentum. Currently, the token faced rejection near the critical resistance level of $1.80, aligning with the 200-day moving average. However, there are promising opportunities ahead for swing traders.
A pullback to the $1.10 support level could present a compelling entry point, with a +30% upside potential to $1.50. The Relative Strength Index (RSI) stands at 49, suggesting a buildup of momentum that could soon push NYSE:FET through the wedge resistance and catalyze a strong bullish trend.
What Is Fetch.ai (FET)?
Fetch.ai, founded in 2017 and launched via Initial Exchange Offering (IEO) on Binance in 2019, is an AI laboratory that seeks to build an open, permissionless, and decentralized machine learning network. The Fetch.ai platform enables the use of autonomous AI agents to execute complex tasks using secure datasets, making AI technology accessible to everyone. Its use cases include optimizing decentralized finance (DeFi) trading services, managing transportation networks, developing smart energy grids, and enhancing travel operations.
Fetch.ai’s innovative approach aims to integrate AI into various industries, offering real-world solutions that leverage global networks of data and autonomous agents. By democratizing access to AI, Fetch.ai empowers users to harness sophisticated machine learning capabilities without needing centralized intermediaries.
Live Market Data and Performance
As of today, the Artificial Superintelligence Alliance is trading at $1.25, boasting a 24-hour trading volume of $155,861,109 and a market capitalization of $3,029,990,829. The token has surged by 10.59% in the last 24 hours, reflecting the excitement surrounding this merger. The Alliance ranks #27 on CoinMarketCap, with a circulating supply of 2.43 billion FET tokens and a maximum supply nearing 2.72 billion.
A Pivotal Moment for AI and Blockchain
The merger between Fetch.ai, SingularityNet, and Ocean Protocol is more than just a token consolidation; it represents a paradigm shift in the AI and blockchain landscapes. By joining forces, these projects are set to reshape the future of AI, promoting decentralized innovation and providing scalable, accessible AI solutions.
As the world increasingly embraces decentralized finance and AI-driven platforms, the Artificial Superintelligence Alliance stands at the forefront, prepared to lead the charge. Investors and technology enthusiasts alike will be keenly observing the developments of CSELK:ASI as it gears up to make its mark in the global crypto ecosystem.
FET Solid Long Entry & TargetA few untested KEY levels below would be a nice place to enter a long trade if we get the reaction we are looking for. The target would be the Value Area High & other untested KEY levels above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Fetch: Low set!We now view Fetch in the same-colored wave 3, which should lead it above the $1.73 resistance. With the Target Zone deactivated, investors could move stop-losses closer to the entry price. Stops could protect against our alternative scenario (33% likely), which implies a lower low of green wave alt.2.
FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs.
Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum.
Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
FET god candle soon?!FET looks like it's deep in a complex correction, with Wave C now in play. The potential pullback zones could hit 0.382 , 0.5 , or 0.618 , depending on your risk tolerance. Once this retracement completes, brace yourself for a monster move—Wave 3 alone could unleash a god-tier candle, ripping through $1,000+ with serious force!
FETUSDT: Is a Major Breakdown Coming?Yello, Paradisers! Do you think #FETUSDT can survive the selling pressure, or is a major drop on the horizon?
💎#FET is currently trading within a rising wedge pattern, which is typically a bearish formation. While the price briefly flipped above its strong resistance levels, it quickly faced rejection on the second attempt, pushing it lower.
💎Currently, FET is struggling to reclaim the 1.50 - 1.560 resistance zone. As long as it remains below this level, the bulls will have a hard time gaining any momentum. This zone is the key battleground for FET. If the bulls manage to break through and establish control, we could see a strong push higher.
💎However, at the moment, FET is losing steam. If the bulls continue to fail to generate any significant buying pressure, FET is likely to drop further towards the ascending support level at 1.3220. While this level could offer some temporary relief, it might not be enough to change the overall bearish outlook.
💎If FET breaks below the ascending support, expect an initial drop towards the 1.23 - 1.19 zone, which is a moderate support. Failing to hold there, FET could see an even deeper decline towards the strong supports at 1.085 - 1.040.
Paradisers, it’s time to play it safe and avoid taking impulsive entries. Discipline and patience will pay off here.
MyCryptoParadise
iFeel the success🌴
FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend.
FET recently broke its diagonal structure and is currently sitting within the weekly demand zone.
I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs.
Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
FETUSDT: Ready to Smash Resistance! FETUSDT: A Second Chance at Breaking Resistance!
FETUSDT has recently faced challenges with an unsuccessful breakout from a head and shoulders pattern, but it's now making another attempt to break through major resistance. This presents a compelling opportunity for traders looking to enter the market. As FETUSDT approaches this critical resistance level, a successful breakout could signal the start of a bullish rally.
For those looking to capitalize on this potential move, consider entering the trade once the resistance is confirmed as broken. Remember to implement a stop loss to manage risk effectively, ensuring you protect your capital.
FETUSDT Currently trading at $1.44
Buy level: Above $1.488
Stop loss: Below $1.22
TP1: $1.77
TP2: $2
TP3: $2.6
TP4: $3.5
Max Leverage 3x
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#FET/USDT#FET
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a bearish trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.28:
Entry price 1.40
First target 1.54
Second target 1.68
Third target 1.83
FET Long Position (Bull Market Anticipation)Market Context: FET is demonstrating a shift in market structure, indicating the potential for an upward trend. As a strong AI-related asset, it is poised for the next leg up in the current bull market. We expect one final shakeout below the previous fake low, providing an optimal entry point for a long-term position.
Trade Setup:
Entry: Around $1.15.
Take Profit:
First target: $1.70
Second target: $2.00
Third target: $3.20
Stop Loss: Daily close below $0.95.
This setup allows us to capitalize on potential upward momentum while maintaining a manageable risk. #FET #Crypto #AI
Fetch: Home StretchFET has sold off as planned over the last seven days, reinforcing our primary assumption that the final subwave of wave 2 in green is currently unfolding. To catch the low of this movement, we’ve added a green Target Zone onto the chart; it ranges from $1.14 to $0.8810. Investors could enter long positions there, with stops placed about 1% below the lower edge or at the support level of $0.80. Once the low is confirmed, we anticipate a rise above the resistance at $1.73. However, if this level is breached earlier (38% probability), we will already place the coin in the green wave alt. 3.