FETUSD trade ideas
$FET to $.22-$.24?Fet looks like it's about to make a big run. It's been in accumulation for 6 month and looks like it's about to break out. Once it can break the bottom resistance at $.09, I think there could be a quick move to $.13 and if that breaks, there's a lot of room for price to move upwards.
I ultimately think the move will take us somewhere to the $.22-.24 range before topping.
Let's see. Long from under $.09.
FET Poised to Make 20% GainsCredit for this swing goes to the JST community. One of the traders I mentor brought it to my attention, noticing the how it was retesting crucial support lines with re-emerging demand. He was right: this one looks like a runner. Chase it up to the 1.618% golden ticket and consider selling. I only say this because the activity on many of these coins/tokens is contingent on BTC's trajectory. If it takes a dive, it can pull all these down with it and any unclaimed gains will be lost.
Good luck, and safe trading to all.
*Not financial advice. Trade at your own risk
FOMO RX - FETFET is in a declining triangle but with strong bullish divergence on RSI.
I decided to add to my position today with price at $0.0882 to bring my average cost under the 23.6% Fibonacci Retracement level.
(I forgot to change the date though).
I have also drawn the Fibonacci Retacement from $0.00 to the All Time High to get the maximum range.
Now...I am in my position under the 23.6% retracement and don't have to "worry" about it anymore.
I have the number I want at the average price level I want,
If price goes lower and I want to add to my position...I can...if I have the money and want to use it here.
But for the FOMO RX prescription...I've done what I need to do!
Look up my other FOMO RX posts. The AUDIO posts explains my PRESCRIPTION for your FOMO!
Thanks for all the likes and comments!
FET isn't looking too hot...Hey Traders,
Like the TOTAL crypto market cap, FET on the weekly has formed an Elliot Wave Impulse. These are of course bearish and paired with the RSI indicate the bears are gaining strength. Although I don't think this will happen soon, BTC will have to go into a bear market during the summer for this to occur. However, on the daily, a breakout is soon mainly due to the MACD hinting a small uptrend.
Safe Trading,
-Pulkanator
MY MINIMALIST CHART ANALYSIS FOR FETCH.AI$FET
01.24.22
0909H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
This will be a good season for ENTRIES. The market has found strong support at a very bargain price for cryptos.
We will be focusing on BITCOIN and ETHEREUM as our TOP CRYPTOS. As for ALTS, ADA, POLKADOT, MANA, SAND, CURVE, MATIC, and a few others.
Basically, the outcome of BITCOIN, the ALTS tends to follow. So I am limiting my published ideas to a few, quality over quantity.
ALERT:
Looking now for an ENTRY to a short to midterm LONG SWING trade.
Based on VITAL SIGNS ( RSI, STOCH, VOL., MA VOL.) Looks healthy:
1. RSI is at 38.
2. STOCHASTICS is at LOW.
3. Volume still needs a spike of SUPPLY for BUYERS to TAKE, but I am afraid a lot of HODL at this point.
4. Looking at key support at 0.344 zones.
5. We can then expect strong support at the .275-.300, right at the bottom of the MAJOR BLUE BOX, MINOR YELLOW BOX, and the ENTRY AREA OF VALUE MARKER.
Hoping that the market does not break any MAJOR or MINOR BOTTOM of our BOXES. Again, if it does, it will be a BUYERS MARKET and good for us all RETAILERS.
Looking back months ago when the MINIMALIST BOX ANALYSIS was made.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART a.k.a (Bento Box)
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
PUBLISHED IDEA is created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
Q/A : What are the BOXES for? It is a ROAD MAP for TARGET ZONES IDENTIFICATION.
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.
At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS, Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology .
Stay away from FOMO and FUD.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.
It is all based if the right conditions are met. Generally, it will follow the MINIMALIST BOXES.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of my work.
Much thanks to my 3 great mentors. They are so much of a blessing that I also wish to share my knowledge of what I was taught.
Vive Le Autist!
Vive Le Diamond Hands!
Fetch A.I - Once we close above this with candle. Ready to rallyWhat Is Fetch.ai (FET)?
Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable their collective learning. It was launched in 2017 by a team based in Cambridge, UK.
Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving.
These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.
Who Are the Founders of Fetch.ai?
Fetch.ai was founded by Toby Simpson, Humayun Sheikh and Thomas Hain.
Humayun Sheikh is the current CEO of Fetch.ai. He is also the CEO and founder of Mettalex and the founder of uVue and itzMe.
Toby Simpson is the COO of Fetch.ai. He was also the CTO at Ososim Limited, as well as head of software design at DeepMind.
Thomas Hain is the Chief Science Officer of Fetch.ai. Before that, he was a co-founder and director of Koemei.
What Makes Fetch.ai Unique?
Fetch.ai’s utility token FET was designed to find, create, deploy and train autonomous economic agents and is an essential part of smart contracts and oracles on the platform.
Through the usage of FET, users can build and deploy their own agents on the network. Developers, by paying with FET tokens, can access machine-learning-based utilities to train autonomous agents and deploy collective intelligence on the network.
Validation nodes are also enabled by staking FET tokens, which facilitates network validation and reputation as a result.
The Fetch.ai technology stack has four distinct elements, which are:
The Agent Framework — provides modular and reusable components that aid in building multi-agent systems.
The Open Economic Framework — provides search and discovery functions to agents.
The Agent Metropolis — a collection of smart contracts that run on a WebAssembly (WASM) virtual machine to maintain an immutable record of agreements between agents.
The Fetch.ai Blockchain — combines multi-party cryptography and game theory in order to provide secure, censorship-resistant consensus as well as rapid chain-syncing to support agent applications.
When it comes to the platform’s core components, there is the learner where each participant is the learner in the experiment, representing a unique private dataset and machine learning system. There is also the global market, which is the result of a collective learning experiment, where the machine learning model is trained collectively by the learners themselves. Next, there is the Fetch.ai Blockchain that supports smart contracts which permit coordination and governance in a secure and auditable way. Lastly, there is the decentralized data layer based on IPFS which enables the sharing of machine learning weights between all of the learners involved.