Fetchai
MY MINIMALIST CHART ANALYSIS FOR FETCH.AI$FET
01.24.22
0909H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others.
Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI is at 38.
2. STOCHASTICS is at LOW.
3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point.
4. Looking at key support at 0.344 zones.
5. We can then expect strong support at the .275-.300, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
Fetch.AI FETUSDT - Elliott Wave +Ascending Channel breaking out!- Impulse Elliott Wave has been completed with 5 successful waves.
- Now the main ascending channel is being destroyed by bears.
- Looks like the bull market is over for 90% of all altcoins.
- Only few altcoins can survive long term, maybe FET can be one of them, but we need a correction first before another push to the upside.
- HODL Is a bad strategy for altcoins, HODL can work only with Bitcoin. Altcoins need to be traded instead.
$FET/BTC 12h (Binance Spot) Descending channel break & pull-backFetch is looking good for another rally after regaining 50MA support, let's enter on the retest!
Current Price= 0.00001143
Buy Entry= 0.00001122 - 0.00001040
Take Profit= 0.00001374 | 0.00001635 | 0.00002045
Stop Loss= 0.00000914
Risk/Reward= 1:1.75 | 1:3.32 | 1:5.77
Expected Profit= +27.10% | +51.25% | +89.18%
Possible Loss= -15.45%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Websites: fetch.ai docs.fetch.ai
Contract:
#ERC20 0xaea46A60368A7bD060eec7DF8CBa43b7EF41Ad85
Time to go longIf it breaks here next stop is 0.3. Risk reward is however pretty favorable if 2022 turns out to be a good year. This is a very strong coin fundamentally speaking. PT >7
Bullish Double Bottom ? FET/BTC #FET $FET #FetchAILooks like FET just hit another Double Bottom last night on the daily chart . You'll notice we had a VERY similar pattern in late summer before a very nice run happened . I suspect we are doing the same thing now . We've hit a red TD Sequential 9 last night ( and that's the second one we've hit . ) Both of these form our double bottom . Some might say these bottoms aren't exactly the same but they can be within 3% and still be a valid double bottom and I think this is , It's just very similar to what we did in late summer . I believe FET is about to have another run probably leading into the next few months of 2022.You'll notice even our light and dark blue 50 and 200 MA lines look similar ! Target here could definitely be a little higher than our last top near 2500. I suspect we can hit 3200 area which is a very strong weekly resistance . Possibly even 3400 or 3500 . We can always go higher - it's a Bullrun and the market is very volatile . We will probably follow that Gann Fan up . First step up will bring us under the daily Ichimoku cloud .
FET Buy Setup For invest - FETCH.AI IS A GoodProject For Invest
Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable their collective learning. It was launched in 2017 by a team based in Cambridge, UK.
Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving.
These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.
FET possible 450% or more target. Hello Friends,
Here is the another gem.
#FETUSDT
AI based on project - Fundamentally good coin.
Technically on 5th wave. Towards $5, $8
Self explanatory chart (Log Scale), post your thoughts.
Dnot forget to hit Like button and follow button. Say something in the comments, thats all I ask for :)
Thanks in advance. Dnot miss to check other ideas of mine.
$FET after 2 months of consolidation, a retest of ATH+?$FET looks like it wants it's next leg up. After consolidating for 2 months from it's run to ATHs in early September, it looks to me like it just broke above it's bearish/consolidation level and wants to move higher.
A break and close above the 50% retracement level at $.88 would be the signal that the next leg up is likely. From there, if it can break through it's ATH at $1.18, the higher targets are in order.
Fetch.AI FETUSDT - Elliott Wave + Ascending parallel channel!- Fetch.ai - FET - Rank #133 TOKEN.
- 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"!