FetchAI (#FETUSDT): Downtrend Intact, Potential Correction Ahead💎 #FetchAI (#FETUSDT) recently broke below the downtrend trendline, signaling a continuation of the downtrend. The current price sits at the 161.8% Fibonacci support, indicating a potential for a pullback. A correction could lead #FETUSDT back to the trendline breakout point near $2.4, coinciding with the VolumeProfile resistance.
💎 Sellers currently dominate the market, and only when the supply area turns into a demand zone should we consider buying opportunities. Until then, we should be prepared for a possible downtrend continuation, with a potential 7% drop to the 261.8% Fibonacci support.
FETUSDT
FETCH.Ai long term more gain and shine 💣🚀💣Hello 🐋
we expect to see more gain for the price in log term targets 🚀💣
Brief explanation 📖👌💡
it brings forward a blockchain platform that takes advantage of artificial intelligence in an attempt to help people automate everyday use.
The aim for Fetch.ai is to become a completely open and permissionless network that leverages AI to create a decentralized system that help by machine learning to execute tasks on the blockchain.
Fetchai is an interchain protocol
it harnesses the power of artificial intelligence to implement automated applications that are P2P without any human interference.
Fetchai was launched back in February 2019 through an Initial Exchange Offering (IEO) on the Binance Launchpad.📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
FETUSDTFet lost important support and the closest support seems to be in the 0.25 range. I expect the trend to react to the price of 0.2650 and go back up to the 0.3 resistance. But in the end, everything depends on the trend of Bitcoin.
Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
Fetch.AI Starts To Gain Momentum (Easy 50% Possible & Beyond)This one is looking pretty strong in the past few days.
Looks like we will have a very nice bullish-crypto-weekend this week.
Fetch.AI (FETUSDT) has gone above EMA50, 5 days closing green, a strong RSI and really high volume.
We had a lower low 22-Nov. but bear volume was really low.
While the bull volume continues to be predominant in this chart.
The easy target is set at 50%+ followed by 110% for the higher high.
This can happen fast because crypto is wild.
Namaste.
Fetusdt Getting Ready For Massive Bullish Move Fetusdt
FET/USDT on the daily timeframe has confirmed a breakout and is currently undergoing a retest. This retest is an essential part of the breakout process, as it confirms that the previous resistance level has now become support.
Based on these patterns, we anticipate a potential 70-150% bullish move in the near future for FET/USDT. However, it is important to keep in mind that investing in the cryptocurrency market involves risk, and it is crucial to manage your risk and conduct your own research before making any investment decisions.
Therefore, we highly recommend conducting your own analysis and due diligence before investing in FET/USDT or any other cryptocurrency.
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