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).
Fetchbitcoin
FETCH FET / BTC idea to watchIn this case price formed triangle shape, which can be bearish, and considering placement of this shape I think chances for breakdown are higher.
This shape is also found in Wyckoff Distribution models.
Looking for targets near 1500 sat
USD target can be found on pic below:
Best regards
Artem Shevelev
Lovely Day FET/BTC #FetchAi $FET #FETHere we see our FET Btc 3 day chart from Binance . As you see we surged to 800 sats last night and we are now inside the 3 day Ichimoku cloud and that means we should almost certainly go to the top of this cloud near 875 sats where you see that pink arrow pointing . At that point I would expect to see a bit of consolidation before more rise - probably going up to revisit our high from last summer of 1550 sats - you can see that where the blue line is on my chart above us. Where this gets interesting is that when we get to the top of the 3 day chart near 875 that will have us wicking slightly into the weekly cloud ( the bottom of which is near 860 sats ! ) And it will be a truly lovely day when we enter that weekly cloud . Anyway FET looks great for the first half of 2021 and also has a Mainnet coming at the end of March .
Flying High ? FET/BTC target #fetchai $FET Here we see our weekly FET BTC chart from Kucoin . You'll notice that black arrow on my chart ? Pointing up towards the blue and yellow lines ? Those blue and yellow lines are an Indicator called the VPVR . And it's showing an area of confluence around that red line which is 5805 sats . That's almost twelve times up from where we are now near 500 sats ! It is not guaranteed, but 5805 on our VPVR indicator could definitely be a target for FET longer term .I don't expect this to happen tomorrow obviously but FET looks quite good for the whole year and there will be targets above 5805 also . But that could come later. You'll notice our .706 fib is also right above this area at 5967 . So this area appears to be a target area for FET and is definitely an area to watch . Keep in mind that there can be up and down along the way .
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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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
What is next for FET?Hello, traders.
For a FET we don't have much to do besides wait.
We don't know what this accumulation is if it is a reversal or continuation pattern
This accumulation could become a bull flag if the price goes above 660 satoshis on the daily chart, and if the price drops the target is on the next important support level.
For now, we have to wait.
Best Regards.
Sandro and Gustavo.
Cleanest chart iv ever seen Ready to moonFinally its safe to say the March 13 drop was bitcoin and fetch.ai bottom. After a year of accumulation and downtrend we are ready.
Chart shows we are already on uptrend.
Lines on the chart shows resistance and once it breaks it will turn into support.
Colored boxes are heavy resistance which might be an area of accumulation.
Heavy accumulation is = Great reward.
Fetch.ai listed on coinbase custody which probably be listed on coinbase pro
Based on BAND and Kyber network after listed on the custody they mooned in which they greatly accumulated as well.
Fetch demand zone Hello, traders.
For Fetch, we had an excellent entry point into the demand zone for this asset, but this train has already passed.
But if anyone is bought in this asset should think about booking some profits considering that we are in an overbought zone in a lot of indicators. A correction would be healthy for the asset
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