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FETUSDT

FET/USDT bullish momentum? 👀 🚀 FET Today analysis💎 Paradisers, turn your focus to FETUSDT, which is currently navigating within a demand zone, showcasing a pronounced likelihood of a bullish trajectory.. 💎 FetchAI has consistently moved within a descending channel. However, recent activity suggests a retest of its support zone, followed by a bullish inclination. As it surpasses the EMA 55, the probability of sustained upward momentum becomes more pronounced. Here are the potential scenarios to consider: 💎 If it approaches the .2119 threshold, there's a higher probability that it might aim for elevated levels. Interestingly, despite many novices potentially shorting this coin around this level, the odds lean towards a bullish outcome. Should it further ascend past the .2278 supply level, the probability of it nearing the resistance zone increases. 💎 On the flip side, if FET price descends below the .1991 support mark, the likelihood of a bearish downturn becomes more significant. As always, it's crucial to approach the market with a blend of strategic insight and caution.
Long
by MyCryptoParadise
FET/USDT Break the Descending Channel, Upward Momentum ??? 💎 FET has undoubtedly garnered our attention. Recently, FET triumphed in breaching the Descending channel pattern. In the lower time frame (LTF), FET is in the midst of a retesting phase, poised for further ascension. 💎 Probability Its eyes are set on the Supply area, a critical juncture for affirming a bullish stance. A successful breakout here is crucial. However, failure to do so could see FET retreating to nearby support levels to gather fresh momentum. 💎 However, there's a risk. If FET's breakout proves to be a false dawn, it could spell trouble. A return to the demand zone without sufficient buying pressure, leading to a breach below, could initiate a worrying slide for FET, potentially extending down to the next substantial Key support zone.
by MyCryptoParadise_Nathan
8
You won't believe how much FET is falling!The FET symbol exploded by more than 900% in the previous months and then entered a correction. Where I wrote "START" on the chart is where the FET symbol entered the corrective phase. In the corrective phase The FET symbol, after completing a bearish wave (wave A), is now oscillating in a neutral range, appearing to be completing a large bearish triangle. After the completion of waves D and E, the FET symbol enters a large bearish wave C. I marked the invalidation level on the chart. Closing a daily candle above this level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:FETUSD
by behdark
3
You won't believe how much FET is falling!The FET symbol exploded by more than 900% in the previous months and then entered a correction. Where I wrote "START" on the chart is where the FET symbol entered the corrective phase. In the corrective phase The FET symbol, after completing a bearish wave (wave A), is now oscillating in a neutral range, appearing to be completing a large bearish triangle. After the completion of waves D and E, the FET symbol enters a large bearish wave C. I marked the invalidation level on the chart. Closing a daily candle above this level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:FETUSD
by behdark
2
Fetch.ai (FET) Price Dips in September – October's Direction UncThe price of Fetch.ai (FET) saw a decline following its failure to breach the $0.27 resistance zone on September 3rd, initiating a bearish trend. The situation remains precarious, as failure to secure a close above the $0.23-$0.24 Fib resistance range could signal the continuation of the bearish trend, potentially leading to a significant drop. Approaching the Ascending Support Trendline Since its rejection from the $0.27 resistance area on September 3rd, Fetch.ai (FET) has experienced a downward trajectory. However, it’s not all bad news. FET's price has been following an ascending support trendline since June 2022. Recent validations of this trendline occurred on August 17th and 22nd. These instances were marked by long lower wicks, which indicates buying pressure. The pace of increase accelerated after the last validation, propelling the FET price to $0.27 on September 3rd. However, it failed to breach this resistance level, which has persisted since May, resulting in the ongoing downward movement. In order for FET to commence a new bull run, it will need to surpass the 100 Exponential Moving Average. The 100 EMA acts as a mobile support and resistance. Currently, the 100 EMA is above the price, therefore the indicator works as a resistance. Williams %R is another indicator that we should look at. The Williams %R is a momentum oscillator that gauges the market. If the indicator is below -80, it means FET is oversold and expected to bounce back. If it is above -20, it is overbought and expected to fall back again. Currently Williams %R is approaching oversold levels, which coincides well with the ascending support trendline. Looking Ahead: FET is approaching an ascending support line, and the Williams %R is approaching oversold levels, which make a rebound on the table. However, for a rebound to take place, the price needs to break above the 100 EMA first.
by cryptohopper
Long trade #11 for Fetch.ai FET price with short stop-orderYesterday, the FETUSDT price behaved relatively restrained amid a rather rapid drop in the BTCUSDT price. Buyers managed to keep the FET price above the trend line, which has been in place for about a month. So today we will try to take a long as close to the same trend line as possible with the shortest possible stop order: Enter = 0.2206 Stop = 0.2169 (- 1.7%) TP = 0.2590 (+ 17.6%) P/L ratio = 10.5 We allocate $10,000 for this trade In the event of a mistake, we will lose $170 If the trade will success, we will receive a profit of $1760 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
31