Fetbusd
Fetch.ai (FET) formed bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Fetch.ai (FET) with US Dollar pair.
Previously we caught more than 30% pump of FET as below:
Now on a 4-hr time frame, FET has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FET - A breakout could be around the corner! Here's a quick look at FET 2 hr. chart. As we can see, the is currently at the apex of the triangle, and a breakout, either way, could be around the corner! The best entry would be when the price breaks above 0.375$.
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The idea is: Buy when the price breaks above 0.375$ and take profits at the levels shown in the chart.
Targets:
1. 0.38$
2. 0.393$
3. 0.4$
4. 0.41$
5. 0.42$
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Key Dates to Watch in March:
30 Mar: GDP Report
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
FET - Trade setupThe idea is: Buy when the price breaks above 0.395$ and take profits at the levels shown in the chart.
Targets:
1. 0.4$
2. 0.41$
3. 0.42$
4. 0.4375$
5. 0.46$
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Key Dates to Watch in March:
30 Mar: GDP Report
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Keep an eye on FET! Here's a quick look at FET 2 hr. chart. As we can see, the price has been oscillating within the bigger triangle and bigger move either way is expected!
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The idea is: Buy when the price breaks above the triangle and take profits at the levels shown in the chart.
Targets:
1. 0.45$
2. 0.48$
3. 0.5$
4. 0.55$
5. 0.6$
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What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
Trade setup for FET The idea is: Buy when the price breaks above 0.461$ and take profits at the levels shown in the chart.
Targets:
1. 0.48$
2. 0.51$
3. 0.56$
4. 0.6$
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What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!