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Fetusdperp

FETUSDT: Ready to Smash Resistance! FETUSDT: A Second Chance at Breaking Resistance! FETUSDT has recently faced challenges with an unsuccessful breakout from a head and shoulders pattern, but it's now making another attempt to break through major resistance. This presents a compelling opportunity for traders looking to enter the market. As FETUSDT approaches this critical resistance level, a successful breakout could signal the start of a bullish rally. For those looking to capitalize on this potential move, consider entering the trade once the resistance is confirmed as broken. Remember to implement a stop loss to manage risk effectively, ensuring you protect your capital. FETUSDT Currently trading at $1.44 Buy level: Above $1.488 Stop loss: Below $1.22 TP1: $1.77 TP2: $2 TP3: $2.6 TP4: $3.5 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
#FETUSD 1 DAYFETUSD 1-Day Chart Analysis: Buy Opportunity on Downtrend Breakout Overview: The FETUSD pair is currently showing signs of a potential bullish reversal after breaking out of a significant downtrend. This presents an attractive buy opportunity for traders looking to capitalize on the upcoming price movement. Technical Analysis: Downtrend Breakout: The recent price action indicates a clear breakout above the resistance level that defined the downtrend. This breakout suggests a shift in market sentiment, potentially leading to upward momentum. Volume Confirmation: Accompanying the breakout, we observe an increase in trading volume, which adds validity to the move and indicates strong buying interest. Support Levels: Key support levels have formed below the current price, providing a safety net for buyers. A pullback to these levels could offer an even better entry point. Market Sentiment: The overall market sentiment appears to be turning bullish, driven by positive developments and increased interest in FET. As traders reassess their positions, this could lead to further upward pressure on the price. Action Plan: Entry Point: Consider entering on the breakout confirmation or on a pullback to support. Target Price: Set profit targets based on recent resistance levels, and monitor for any potential price rejections. Stop Loss: Implement a stop-loss order below the breakout level to manage risk effectively. Conclusion: The FETUSD pair presents a promising buy opportunity following a downtrend breakout. Traders should stay vigilant and ready to act as momentum builds in the coming sessions.
BINANCE:FETUSDLong
by PIPSFIGHTER
FET – Falling Wedge breaks Out to create Bull Flag Please Read my previous FET idea for more context. For now, it looks as if FET broke out of the Falling Wedge, and it is forming a Bull Flag. Falling Wedge target: 0.422 USD Bull Flag Target: 0.31 USD Both targets have confluence with daily resistance level and can serve as TPs. Final confirmation is when FET breaks above 0.2544 USD. You don’t have to wait for 0.25 to take the trade. Trade Idea No.1: Entry: 0.235 USD (approximately, break out of the Bull Flag)/ SL: 0.2040 USD Target: 0.4223 USD TP: 0.31, 0.4223 (leave some on the table) R: R: 1:6 Trade Idea No. 2: Entry: 0.254 SL: 0.2238 (below the Flag’s resistance line) Target: 0.41 TP: 0.31, 0.4223 (leave some on the table) R: R: 1:5.94
Long
by NewThoughtCrypto