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FETBTC

FET is on a mega bull mission to the moonFETUSD has currently hit some key resistance and isn't the most beautiful chart out there, but FET has kept going up and up slowly. It has kept going back to retest all key breakout levels and then go back up again. Fetchai's market cap is currently at 590M USD, and it's inflation since launch seems to have been quite large (800%). FET was the first Binance IEO and it launched right at the bottom of the 2018 bear market. The initial ROI was very good for the investors, but then kept dumping relentlessly... Below I have several charts, and I will start with FETBTC as it is the most important one. What we see is an extreme capitulation, where FET fell >98% in USD and BTC terms. It's key capitulation happened in March 2020 were it dumped way harder than many other coins. Only coin with a very similar chart and a very similar dump on that day was Fantom, which you probably already know how well it has performed recently. So FTM has done very well, but so has CELR which was the second Binance IEO, as well as POLY which was added on Coinbase the same day FET did and it had a huge spike a few weeks after its addition. So overall FET has shown a lot of strength, especially compared to the majority of the market. It's fundamentals are strong with the Metallex airdrop and the relatively new 2.0 mainnet launch playing a role in its massive bullishness. So what's next? In my opinion over time FETBTC will get above 8000 sats, but in the short term the first key resistance is about 4500-5000 sats and I believe the final top over the next few months will be in the 8000-12000 zone. Short term there are many variables like what is Bitcoin going to do and how bad things could get on a macro level (regulations, stocks dumping etc).
Long
by BitcoinMacro
Higher Breakout FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Bitfinex and you can clearly see this pullback is a Bullflag ! Shown in-between those black lines . The purple lines show the length of the flagpole on our last rise up that took us to 2500 area . That flagpole was at least 1200 sats high and when we break out of this Bullflag we will be going up by at least that much upwards . So if we break out near 2200 sats, give or take - we should then be targeting 3200 to 3400 area , and possibly higher ( I won't be surprised if we wick to 3700 area . ) But 3200 is a strong weekly resistance , and 3400 is the .236 fib of our full fibs on the Binance chart so I expect to hit resistance there . At any rate this looks great and will continue to do well the rest of 2021 , at least .
Long
by shimmeringpath
Flex Your Muscles FET/BTC #FET $FET #FetchAIWow ! Look at that huge candle up on $FET ! I had predicted 1920 as a target area before and we hit that target last night ! As you can see we are now inside that light purple line of our colorful Gann Fan indicator . Below us the bottom of that line ( 3/1 on the Gann) is basically at 1550 sats which was our previous resistance . In other words we may have just flipped our resistance into a support ! I suspect that is the case but it's always possible to retrace below there at some point but for now all looks good . Above us the top of that line ( 2/1 on the Gann ) is around 2150 - we may hit there and then cool off a bit but notice that target symbol on my chart ? That's also showing you the 1.618 fib which is at 2398 . So we may see that target soon as well , Above that you see a green checkmark which is also near our strong weekly resistance area near 3200 - and that won't be easy to break through . I suspect we get there by Halloween but may retrace hard before we break up from there ( no doubt Bitcoin will be going for higher highs too ! ) Anyway I still think FET is playing within a Gann Fan and will see 5400 sats in December . Right now FET is flexing it's muscles !
Long
by shimmeringpath
4
Fetch.AI FETUSDT - New All time high soon! + Elliott Wave- Fetch.ai - FET - Rank #122. - As per my Elliott Wave count, we are currently in the 5th wave, which can be huge! - Also, we have an Ascending parallel channel with total 7 touches. - FET Is prepared for another pump very soon! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
11
Fetch.AI FETUSDT - Elliott Wave + New All time high soon!- Fetch.ai - FET - Rank #145. - As per my Elliott Wave count, we are currently in the 5th wave, which can be huge! - Also, we have an Ascending parallel channel with total 7 touches. - FET Is prepared for another pump very soon! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
7
FET ready to fly. Waiting on a breakout and hold above 1550I am mega bullish on Fetch.ai, Only a matter of time before this moons. Great project, great fundamentals, great team. Watch for a breakout of the 1550 area to prepare for an absolute rocket shot towards its all time high on the BTC pair. Will update this as it happens. Run seems to be starting now after accumulation over the past week. Should be a pretty easy trade to capitalize. - 60k Defi Agent users announced today - New Defi Agent update incoming - Elon Musk AI Conference today - much more...
Long
by AustinLav
Adam & Eve Bottom on FET/BTC #Fet $FET #FetchAIYou can see we have developed what appears to be an Adam & Eve Bottom on our FET chart . What's an Adam & Eve Bottom you might ask? Let's look at our 12 hour chart and see! Our first bottom happened about a month ago with that sharp V formation you see with the red V . Many of us thought it was gonna be an Inverse Head & Shoulders pattern but Crypto can change quickly ! Not all patterns play out . But you can clearly see we've made another more rounded Bottom now at the same sat range . This is the Eve Bottom you see on the chart with the curved blue line under it. This is a Bullish pattern and I expect upside here. There is a Neckline area you can see on the chart in the 1200 area and this is an obvious target ( though there will be steps along the way ) , and will also take us up through the Ichimoku cloud ( and that's Bullish too . ) So an Adam & Eve Bottom will be a pattern involving a first V shaped bottom followed ( probably a month later ) by a more rounded bottom in the very near same price area but with a neckline rise in-between . The distance from the neckline to the bottom is how much you add on top of the neckline to get a target . And again we see a probable target area in the 1900 sat area . I would love to see that happen . Maybe by end of July we see this beautiful upward rise ! Let's see . Wishing all the best to the FET Community !
Long
by shimmeringpath
2
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it ! My Adam & Eve bottoms idea is linked below . Thank you !
Long
by shimmeringpath
5