FET/USDT probability of bullish move from support?👀FET Analysis💎 Paradisers, cast your eyes on #FETUSDT, currently weaving a narrative that hints at a bullish revival from its current stronghold.
💎 Amidst the rollercoaster of market ups and downs, #FETCHAI has taken a dip but now seems to be gathering its strength at the support zone of $0.5823. Should #FET successfully anchor itself above this level, we might witness a spirited charge towards the ambitious resistance at $0.8739, painting a bullish streak in its market story.
💎 In the ever-twisting crypto realm, where unpredictability is the only constant, a strategy that dances to the market's dynamic tune is essential. If #FET finds itself in a tussle to maintain its stance in this crucial zone, it's time for a strategic shuffle.
💎 Enter Plan B: a tactical shift that eyes a bullish resurgence from a deeper realm of support at $0.4635. This level is a critical watchpoint, as a slip below could unravel a narrative twist, possibly steering #FET towards a bearish territory. Stay alert and nimble, Paradisers, as we navigate the intriguing odyssey of the #FET market.
Fetchai
$FET - COSMOS Ecosystem Analysis SeriesI will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the next project in my long term buy list: FET - Fetch.AI. I will be adding more FET on the dips to my buy zones shown on the chart.
Fetch.AI, represented by its native token FET, is a unique and innovative project within the Cosmos ecosystem, blending blockchain technology with artificial intelligence (AI). Here are some key aspects of the Fetch.AI project:
AI-Driven Blockchain Network: Fetch.AI is pioneering in integrating AI with blockchain technology. The platform uses AI to automate complex tasks, optimize trading, and improve efficiency in various industries, making it a trailblazer in the blockchain space.
Smart Ledger Technology: The project utilizes a 'smart ledger' that can support a high number of transactions and complex computational tasks, which is crucial for AI operations and large-scale industrial applications.
Autonomous Economic Agents (AEAs): Fetch.AI introduces the concept of AEAs, which are digital entities that can perform tasks autonomously. These agents can negotiate deals, make decisions, and interact with both digital and real-world environments, offering a new paradigm for automation and AI services.
Decentralized and Scalable: The platform is designed to be highly decentralized and scalable, addressing some of the inherent challenges in the traditional blockchain systems. This scalability is vital for supporting the extensive data and computation needs of AI applications.
Energy-Efficient Consensus Mechanism: Fetch.AI uses a novel consensus mechanism that is more energy-efficient compared to traditional proof-of-work systems. This eco-friendly approach is increasingly important in the context of global energy concerns.
Cross-Chain Interoperability: As part of the Cosmos ecosystem, Fetch.AI benefits from cross-chain interoperability, allowing seamless interaction with other blockchain networks, which is crucial for widespread AI and blockchain adoption.
Real-World Applications: Fetch.AI targets a wide range of real-world applications, from supply chain and logistics to smart cities and energy management, demonstrating the practical utility of combining AI with blockchain.
Community-Driven Development: The project places a strong emphasis on community involvement, with FET token holders having a say in governance decisions, ensuring that the development aligns with the community's needs and interests.
Strong Partnerships and Collaborations: Fetch.AI has established various partnerships and collaborations across different industries, which not only validates its technology but also accelerates its application in real-world scenarios.
Innovative Marketplace Solutions: The platform is working towards creating decentralized marketplaces where AEAs can autonomously negotiate and trade services, goods, and information, paving the way for a more efficient and automated economy.
Fetch.AI stands as an example of how blockchain and AI can be synergistically combined to create innovative solutions that address real-world challenges, making it a source of inspiration in the Cosmos ecosystem and the wider tech community.
.382 on FetTake a look a bit closer
Looking at the dates in the past and basing this off of patterns we can see that back in the 5the of Sept. 2021 we had a retrace to the .382 on the fib retracment.
Here starting the New Year we see a similar pattern, moving back to the exact .382 mark.
After this pullback we see a sharp spike upwards to $1.20.
Assuming we’re doing the same pattern prepare for the push up before the full restatement before the true take off.
FETCH AI ($FET) - Bullish Scenario to 90 Cents Fetch is currently testing monthly resistance (red) and above a significant macro support level (green) with a lower time frame range that has formed in the current PA. I see additional consolidation before a next leg up to 90 cents.
Currently monitoring for a long setup lower down toward the range's lower quarter quadrant, but want to see a low establish and reclaim the eq and continued strength up.
Consolidation here is bullish under macro resistance, so long as the market does not get exhausted before this trade can materialize.
Invalidated on a break of the range low.
**Disclaimer - entry is not from here and should be taken from lower**
Cheers,
Vatsik
Continuing the upward trend(FET)❤️❤️Thanks for boosting 🚀 and supporting us!
📈For less risk, you can enter failure confirmation and pullback and hit the trend line.
📊 (Buy) : 0.5906
🔴 Stop Loss : 0.5234
🎯 Take Profit : 0.7028 - 0.8328
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
FET/USDT Elliott Wave CountFET/USDT Weekly chart , Elliott Wave Count.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
FET/USDT Distibution Phase. Need retesting to continue upward !!💎 FET has certainly captured the market's attention with its notable performance. At present, FET is experiencing consolidation within the supply zone. Typically, consolidation at higher levels can indicate a distribution phase, suggesting a potential downturn for a corrective test at the demand levels between $0.308 and $0.277.
💎 This observation comes from the fact that FET has not yet undergone a retesting phase following its breakout above the supply area. Should the asset retrace to these demand levels, a significant bounce could be anticipated, probability of FET toward the target supply zones and beyond.
💎 However, should FET revisit the demand zone without showing signs of a strong rebound—failing to reject lower prices—it could signal a loss of the demand area. Such a development would indicate bearish momentum for FET, opening the door for a possible descent to lower demand levels and potentially revisiting the key support area.
FET/USDT Had a Good Run | 👀🚀 What's Next Possible Move?💎 Yello, Paradisers! Turn your attention to FETUSDT – it's currently exhibiting an upward momentum within an ascending channel, hinting at a potential adjustment in response to a nearing supply zone.
💎 Recently, Fetch.AI has been steadily climbing within this channel. Yet, we might witness a shift or correction in the near future. It's crucial to acknowledge that FET is nearing a pivotal resistance level at $0.6061.
💎 Just past this resistance lies a notable supply zone, identified by an untouched Order Block (OB). If FET dips below the support level of $0.50, we anticipate a move towards the demand zone, as detailed in our analysis.
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FET/USDT potential shift? ? 👀 🚀 FET Today analysis💎 Paradisers, turn your attention to FETUSDT! We've observed its trajectory as it faces rejection from the resistance level, hinting at a heightened likelihood of a bullish surge from the Bullish OB.
💎 In recent history, FETUSDT managed to break free from a descending trendline, charting an upward course. At present, after facing rejection at the 0.3902 resistance level, the odds are leaning towards a bullish resurgence from the Bullish OB level.
💎 Additionally, the asset's strong momentum above the ema100 further amplifies the bullish narrative. However, be cautious: a breach below the .2806 level could signal a potential downward shift. Stay vigilant and strategize accordingly
FET in a sizable inverse head and shoulder pattern.We can see that the right shoulder on the FETUSD chart has just now been completed and is retesting the neckline of the inverse head and shoulders for the 1st time upon its completion. Usually in these situations lately especially in the early phases of the bul market, we have seen several other cryptos do a headfake on their first attempt at breaking above the neckline of an inverse head and shoulder pattern..some times even 2-3 fake out breaks before the inevitable real breakout…so there is then a reasonable possibility that this could see at least 1 correction or pull back before the legitimate breakout up from this pattern. In the sideways market we would sometimes get as many as 5 head fakes before the real one…in phase 1 of the bull 2-3 but if we are entering phase 2 of the bull we may see these kind of patterns start to trigger with only one head fake and ossicle no head fakes at all. If it were to confirm a breakout here soon without any pull backs then the measured move target should have it heading to a 2x or so somewhere around 1.12-1.20. I plan on accumulating a little here just in case. If we are fortunate enough to see a pull back before the official breakout I plan on accumulating more then as well because at that point the gain will be more than a 2x once it occurs. *not financial advice* Always a chance that it gets rejected and dips below the head of the pattern too thus nullifying it…but that Din of thing hasn’t really happened since the sideways market so it. Is quite a low probability.
🔥OCEAN is The Strongest AI Altcoin +80-200%Ocean has been consolidating in a large triangle for the last 7 months. Big sellers pressure apears below the triangle. The big guys continue to add this altcoins to it's portfolio.
The closest target for this AI-related altcoin is at $0.58 key level. Also, the target for a bullish flag is at $1.
💥 AI noise is going and it's good, also Bitcoin came to the optimal accumulation price for DCA. Also no one expects the altseason now. Seems like perfect conditions.
Now Ocean made +74% after the triangle breakout. It left not too much to reach the first target.
like❤️ and follow
🔥 FETCH.AI [FET] Massive Cup & Handle PatternFET has been forming a huge cup &handle pattern over the last 1.5 years. With FET's most recent bullish impulse, it's a matter of time before we can see the final break out through the top resistance.
Cup & handle patterns are often patterns that precede huge volatile moves, so wouldn't be surprised if FET will make new all-time highs this year, especially with AI being "cool" again like at the start of the year.
Long-term target at 3$, stop below a short-term swing low.
FETUSDT Elliot Wawe theoryExcuse me!
An interesting picture has been drawing in front of me for days.
According to my theory and analysis, an elliot wave may be true for FETUSDT.
As part of this, we may now be in a correction.
I am attaching pictures of the details below.
First picture
$0.60 resistance
Second picture
Liquidation image
Third and fourth picture
Elliot wave in more detail on the hourly view.
R3ncso
FETUSD Isn't done yet. 1.800 is on the way.Fetch.ai (FETUSD) is rising aggressively these last few days, fueled by the formation of a 1D Golden Cross. This is the 4th such bullish pattern within the long-term Channel Up since it started on the March 13 2020 market bottom. Every time this formation emerged, the price had already started a rally sequence (such as today's) but is nowhere near its end. In fact in most cases it registered the most aggressive part after the Golden Cross.
The 1D RSI's similarities of the November 2020 - February 2021 Bullish Megaphone are a testament that we are on a similar pattern, which then peaked just below the 1.5 Fibonacci extension. As a result, we remain buyers on FET, targeting 1.8000.
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Fetch steadyWe’ve been seeing fetch creep up with steady support from the $0.18 area we could see this have support all the way up to $0.65 or nearly $0.80 before a retrace back
$0.45–$0.50 area before making a move over $1…
Pretty impressive support on FetchAi if it’s anything like back in August of 2021 (orange oval) we could see these movements take place.
Good luck and have fun with it
FET/USDT Bullish Trajectory? 👀 🚀 FetchAI Today analysis💎 Paradisers, get ready for a potential surge in FETUSDT as it currently challenges a significant resistance level, hinting at a likely bullish progression.
💎 Reflecting on its past performance, FETUSDT has consistently overcome its descending trend line, leading to upward movements. Presently, as it tests the supply level at .4396, the prospects for an upward journey from the BOS level of .4095 are looking promising. A breakthrough above this supply level would solidify the bullish outlook.
💎 On the flip side, if FETUSDT struggles to sustain its momentum, we might see a strategic bullish continuation from the demand level of .3289. However, a descent below this level could trigger a notable bearish trend.
Fetch.ai - Road to 1$ and beyondHello everyone,
I wanted to share my thoughts on Fetch.ai in the short term. As the global crypto market gears up for a significant bull run in 2024/25, Fetch.ai is a key player in my long-term portfolio. I'd love to hear your thoughts in the comments below and discuss this exciting project together.
Overview:
Fetch.ai stands out as a unique project that combines artificial intelligence and blockchain. Investors are showing interest in its innovative approach to decentralized machine learning and smart contracts.
Technical Analysis:
Current Price: $0.4
Short-Term Target: $0.5 - $0.6
Mid-Term Goal: $1
Key Points:
Strong Foundation: Fetch.ai's blend of AI and blockchain makes it notable, attracting attention and partnerships in the industry.
Positive Trends: Recent price movements suggest a potential upward trend. If FET breaks key resistance levels, it could move towards the short-term target.
Investor Confidence: Fetch.ai has positive sentiment with ongoing development updates and strategic partnerships, boosting investor confidence.
Strategy:
Entry Point: Look for entry points around the current price, especially during potential breakout scenarios.
Take Profit: It's wise to secure short-term gains in the $0.5 - $0.6 range, with a reevaluation for a potential move towards the $1 mark.
Risk Management: Implement a stop-loss strategy to manage risks given the inherent volatility of the crypto market.
In Conclusion:
Fetch.ai's unique features and positive market sentiment make a compelling case for the "road to $1." Always conduct thorough research and practice risk management before making investment decisions.
Note: This analysis isn't financial advice. Please do your own research before making investment decisions.