FETUSD (1H) - Bullish breakoutHi Traders
FETUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.3522 resistance level. Only the downward break of 0.3365 would cancel the bullish scenario.
Trade details
Entry: 0.3522
Stop loss: 0.3365
Take profit 1: 0.3617
Take profit 2: 0.3773
Score: 8
Strategy: Bullish breakout
FETUSD trade ideas
Big Move ComingFET is putting in an 8 week flag with volume drying up in the base (sell pressure subsiding) and weekly RSI reset. Think this is ready to breakout and move towards the ATHs in the coming weeks. The Fetch Ignition campaign is 3-4 weeks of updates & announcements, which will likely act as the catalysts to get us there.
AI is one of the biggest narratives that is likely just beginning.
Large Breakout ImminentFET developing a solid ascending triangle above the 21 EMA. RSI has been reset and sell volume has been declining in the base. Think it goes for the breakout shortly. Ideally, FET heads for the ATHs and bases for 2-3 months before a big move this summer.
AI names got a huge boost due to ChatGPT and is shaping up to be the narrative of 2023.
FET|USD Soars 326% in 30 Days: A Rapid Rise ReflectionsFetch.ai is a decentralized platform that provides AI-powered solutions for various industries, including finance, transportation, and energy. It uses blockchain technology to allow for secure and efficient exchanges of data and value, enabling the creation of autonomous economic agents.
Fetch.ai offers a range of products, including a decentralized marketplace for data exchange, a digital twin platform for modeling real-world systems, and a suite of AI tools for businesses and developers. The platform enables efficient, secure, and decentralized transactions between individuals and organizations, allowing for a more efficient and fair exchange of value.
Fetch.ai's vision is to create a decentralized, self-organizing, and autonomous digital economy, where data, value, and tasks are managed and executed by autonomous agents, allowing for more efficient and effective transactions. By leveraging the power of AI and blockchain technology, Fetch.ai aims to revolutionize traditional industries and create new opportunities for businesses and individuals.
A 1-day chart analysis of Fetch.ai (FET) can provide valuable insights for short-term holders of the cryptocurrency. By examining the price trends, volatility, and volume of Fetch.ai over the past day, it is possible to make predictions about the short-term performance of the asset.
For instance, a sudden surge in the price of Fetch.ai, accompanied by high trading volume, can indicate a sudden increase in demand for the asset, which can be a good opportunity for short-term traders to take advantage of the price increase and sell at a profit. On the other hand, if the chart shows a lot of volatility and price swings, it could signal a lack of market stability, which may be a concern for short-term holders.
Additionally, a 1-day chart analysis can also provide insights into the impact of any major events or news on the price of Fetch.ai. For example, if there was a significant spike in price following the announcement of a new partnership or product launch, this may indicate that the market is optimistic about the potential of the project and that short-term holders may benefit from this positive sentiment.
Overall, a 1-day chart analysis can provide valuable information for short-term Fetch.ai holders to make informed decisions about their investments. By monitoring trends and staying informed about market conditions, they can make more informed decisions about buying and selling Fetch.ai.
FETCH.ai CRYPTO:FETUSD
FETUSD
I think after FET was listed on BINANCE Perpetual Futures ,
FETCH.ai start printing Wickoff Distribution Schema , maybe CZ want to buy more & dump more .. Couse i think all AI coins&stock will be next bubble in our life :) I am preparing for cumulate some of this , but who know ? I really dont know nothing ,this is not advice do your own research :D ... couse my ideas are 60% wrong ... I am only conspirate...
FET/USDT Updated IdeaOn the 1HR chart FETCH is making a full ascending triangle pattern which normally will be play out to the upside. The overall trend is bullish.
My 1st entry will be at 0.17 when it breaks out to the upside. When it will come back and do a retest I will do another entry.
Profit Points
TP1: $0,20
TP2: $0.219
Good luck
Watched FetchAI this week - 3 things all fetusdt HODLer loveWatched FetchAI this week
There are 3 things all fetusdt HODLer will love to see
1. a bullish divergence in the weekly RSI
2. price might close above volume profile $0,081 in a few hours
3. we see increase in volume after long decrease
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
$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