You can't Break Me FET/BTC #FET #FetchAI $FETHere we see our FET weekly chart and you can see we are clearly in what looks like a Cup and Handle pattern on the higher timeframe. We've had 2 red candles down forming the handle and could have another in our TD Sequential 9 indicator . That's fine . But I expect this to turnaround in May . That target of 2890 still stands as the Cup and Handle target area though it could take a little while to get there . Now yes , we had a pullback into the 700 area . A pullback is expected after something goes 8X in a few months like FET did !! So this is normal . But some traders have gotten nervous or jumped ship and this can definitely be seen as a shakeout . The reason I say "You can't break me" is because of that green line running under our last candle . That's the weekly Ichimoku flag forming and we are inside it and that's bullish . It should act as strong support . So I still think FET will do great this Spring - and also this summer . First it should retake the 1550 area and after breaking through that resistance it should see great upside .
FETBTC trade ideas
Don't Worry,Be Happy FET/BTC #FetchAI #FET $FETHere we see our FET 1 day chart and you can see what appears to be an obvious Cup and Handle pattern .That black line on top shows you the top of our cup. And the dark blue lines coming off the right side show our recent pullback to 800 sat area - and that is the Handle of the Cup . Well, where do we go from here ? Many new traders that have recently come into Crypto are very nervous when they see a big pullback like this ! But the pullback is just part of the pattern. So don't worry ! The Cup and Handle pattern will play out in a bullish way from here-as after the Handle is completed it will break upwards again. And the level it breaks up should be about equal to the depth of the Cup from top to bottom ( as you can see with the pink lines . ) So it seems that this could break up to the 2890 sat area - or somewhere close to it . I can't guarantee it hits there exactly but it seems to be a target . Of course , we should first retake our 1550 high area again - and then push over 2000 sats . Then perhaps on to 2890 though this doesn't necessarily happen in one straight line! There are always a few ups and downs along the way . But FET is still a very bullish chart . I'll link my previous Cup and Handle chart from January below as I've been saying this for months ! FET looks good .
FETBTC: Perfect Cup & Handle PatternFETBTC pair is forming a perfectly bullish cup & handle pattern which has been formulating over a 7-month period.
1- Previous high of 1151 sat (18th August 2020) almost perfectly lines up with the recent high of 1540 sats (28th March 2021)
2- Usually, the cup spreads out over a period of 1-6 months or longer. In this case, the cup took 222 days (approx. 7.5 months) to form.
3- The handle plays out between 1-4 weeks before a breakout (or rejection) occurs. FETBTC has been in the handle consolidation pattern for 14 days and counting.
Personally favor the chances of a breakout and we could see a target up to 2450 sats if it breaks out of the handle!
Please Be Calm FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
Jiffy Pop FET/BTC #FetchAI #FET $FETHere we see our FET 6 hour chart and you can see we had quite a pullback since FET wicked over 1500 sats a few days ago - we even went to low
1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red , so expect this to pop back up at some point soon ( though it can always consolidate a bit longer . ) If you are a new trader please understand that no coin goes up in a straight line . There are always pullbacks along the way . So don't panic ! This is normal and FET is still very bullish to go up . There's a strong weekly resistance above us near 3200 which seems like an obvious target . Other targets are fibs which I will link in chart below .
$FET, 11 sats away from ATH & now showing a expected pullback..$FET
11 sats away from ATH & now showing a expected (ATH retest) pullback
I don't think this will end up here tho
Similar to March 18, will look for Fib .618 retest (~1200 sats) & may restart the way up (for new ATH and price discovery)
Still 150% since entry
Hodl it
#FET
Whales Will Play FET/BTC #FetchAI #FET $FETHere we see our FET hourly chart and you can see we had a big pullback earlier today ! We hit up over 1500 sats (as I predicted several times ) coming close to our high from last summer - and then dumped hard to low 1200s area . Many think there are market makers on this FET chart but might I suggest there could be a school of whales playing in this water !! Looks like we will hit a TD Sequential 9 on the downside here in an hour and possibly see some turnaround . I still think the weekly resistance near 3200 sats is the target above us - though I can't predict how long it takes. Right above that is the .236 fib near 3420 - also a probable target above us . I'll post the other price targets above that in the linked chart below . I'm still bullish on FET for April and beyond . I think this pullback is just a shakeout .
FETBTC - Must Hold LevelIt seems that we formed a rising channel. In that channel we formed a wedge, broke out and now we are testing that broken resistance line.
If the bulls want to keep control, they should stay above this trendline and most important, stay in the rising channel.
For every new follower i will add a new idea :)
FET/BTC BARR Bottom break out FET has just broken out of a 632 day Bump and run reversal bottom accumulation pattern.
Previous daily appears to have found support, recently had a bullish golden cross too.
A daily close above this level would be bullish confirmation for me.
Could look to get in on the retest if too adventurous for you to enter now.
Potential return ~300%