FETBTC
FET/BTC (Retest Previous Key Support)💎Technical Analysis Summary💎
BINANCE: FETBTC
-After the recent small run-up, Fetch.AI is back at previous key support
-The big question we have is, will this support hold again?
-Tough to answer this one right now so we need to be careful
-My advice is to wait for a few days until it forms a base of support
-And zome in on 4H timeframe to look for early buy entry
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FETBTC - C&H Weekly + Forming C&H 4H - 40% TargetI'm bullish for reasons:
1. Weekly Cup & Handle
2. Weekly HK Doji signs of reversal
3. Price breaks the 0.5 RED resistance and hopefully will hold as support
4. Bullish Divergence already played out (inside vertical lines)
5. S&R Flip (resistance becomes support to hold the Handle in the Cup
Buy Area @ 0.382, 0.5, 0.618 RED Fib
Stop below 0.618 BLUE Fib
Targets @ 0.236, 0.382, 0.5, 0.618 RED FibEx
Fetch.AI (FET) Support Confirmed, Bullish, Next Target MappedFETBTC looks very similar to the ANKRBTC chart we shared recently.
Prices found support at the MA200 black line.
A strong bounce is taking place and we see resistance after resistance in the form of EMAs being conquered.
We also have a falling wedge breakout and bullish indicators, MACD and RSI.
All these are bullish signals that tell us that this altcoin pair can continue to grow.
NOTE: If prices were to drop, the main support is now at 0.00000453.
Moving below this level would invalidate the above signals.
Remember that it is recommended/necessary for good results when you trade, to have a plan/strategy in place before buying any pair.
This is not financial advice.
Namaste.
FET/BTC (Ascending Triangle Pattern?)FET/BTC
-Fetch.AI is likely forming an ascending triangle with a flat area of resistance
-There is a chance it will test the upward trendline of support
-You may enter aggressively at support or wait for the breakout of local resistance
-But if the trendline support will fail, this Bullish idea is no longer valid
-Please exercise proper risk management and always plan your next trade
FET/BTC is in a BULLISH DOUBLE BOTTOM! Big gains ahead!!!FET/BTC is in a BULLISH DOUBLE BOTTOM! Big gains ahead!!!
Also just had a nice pullback while BTC was misbehaving.. FET is on sale and finding support at 905....
This is a mid term hold idea.
News on September 30 as well....
Trade safe my friends...
BINANCE:FETBTC
FET/BTC (Temporary Top? Pullback Started?)FET/BTC
-Fetch.ai may have found a temporary top resistance
-The price has retraced its gain by -22%
-There is no strong support located at the current market price
-The key area that needs to be watching is located around 931 sat range
-I only recommend opening a Buy position if reversal signs are seen
-Upside target is the recent high at 1551 sat or higher
-If 931 sat support failed, the next level of support is near or below 800 sat
FET/BTC 2h (Binance) Symmetrical triangle break-outFetch is looking for some continuation uptrend here!
Current Price= 0.00000848
Buy Entry= 0.00000853 - 0.00000831
Take Profit= 0.00000898 | 0.00000967 | 0.00001015
Stop Loss= 0.00000786
Risk/Reward= 1:1 | 1:2.23 | 1:3.09
Expected Profit= +6.65% | +14.85% | +20.55%
Possible Loss= -6.65%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 240h
FETUSDT - Cup & Handle formation on the weeklyBullish Cup & Handle Formation in progress. Kicking myself for selling it a little early. HODLing it from current price can fetch close to 4x in a few months, and possibly more.
Will be invalid if:
- Formation breaks
- Little to no volume during the breakout from the handle formation
Timeframes given in the chart are for reference and may not be accurate.
Disclaimer:
Please DYOR and DD, You are responsible for your own profit or loss.
$FET, Showing some accumulation over resistance at ~600sats$FET
Showing some accumulation over resistance (now support?) at ~600sats w/ decent volume
Trading /btc pairs could be a little risky so if you play it, play it safe. (tight SL just in case)
If continuation starts happening, then ~800/~880 could be good levels to watch..
#FET