Get started

FETUSDT

Is #FETUSDT Primed for a Major Breakout?Yello, Paradisers! Are you ready to dive into the latest action on #FETUSDT? Let's break down the crucial moves and key levels you need to watch. 💎Currently, #FET is hovering around the support zone at $1.488, showing signs of a potential upward swing. If it can maintain this momentum, we might see a successful retest of this support level, leading to a break of the descending resistance. This could open the door for a challenge against even stronger resistance zones ahead. 💎The price has successfully completed a retest phase and is now gearing up to surpass the descending resistance. Patience is key here; wait for a clear breakout above the descending resistance level before planning any trades to ensure you’re not caught in a false move. 💎As experienced #FET traders know, navigating the cryptocurrency market is like playing a strategic game. While the current bullish momentum looks promising, it’s crucial to have a Plan B. If #FET fails to maintain its momentum and starts to decline, look for a rally from the lower demand level at $1.368. 💎If #FET drops below this secondary demand level, it’s a signal to reassess your strategy. Be prepared to adjust your bullish outlook and modify your trading tactics to align with the evolving market conditions. Stay sharp, stay focused, and as always, trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
FETUSDT long Spot TradeFETUSDT Elliott Wave Technical Analysis Mode: Impulse Position: Wave (iv) of (3) Direction: Wave (iv) of (3) is still in play Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point. Next Direction: Wave (V) which will complete the next higher Degrees Wave (3) Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit. Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
FET/USDT JUNE - 2024The market correction presents a prime buying opportunity as panic selling sets in. We've been patiently waiting for this moment. FET is now on our radar, with two identified buy zones ready for accumulation! Remember, this is a spot trade—not a leverage trade. We carefully select and buy our coins in spot, aiming for massive gains without the stress of leverage and the shakeouts happening across the crypto market. While there's potential for further dumps and shakeouts, we're ready to hold our position as long as these two levels hold. However, be prepared for the possibility of losing the last line of support if the situation worsens. -----------Disclaimer -------------------- This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions. It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market. Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses. Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits. Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities. Happy trading!
Long
by Seahawks_