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FET / TETHER PERPETUAL FUTURES

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FETUSDT.P trade ideas

FETUSDT: Is a Major Breakdown Coming?Yello, Paradisers! Do you think #FETUSDT can survive the selling pressure, or is a major drop on the horizon? 💎#FET is currently trading within a rising wedge pattern, which is typically a bearish formation. While the price briefly flipped above its strong resistance levels, it quickly faced rejection on the second attempt, pushing it lower. 💎Currently, FET is struggling to reclaim the 1.50 - 1.560 resistance zone. As long as it remains below this level, the bulls will have a hard time gaining any momentum. This zone is the key battleground for FET. If the bulls manage to break through and establish control, we could see a strong push higher. 💎However, at the moment, FET is losing steam. If the bulls continue to fail to generate any significant buying pressure, FET is likely to drop further towards the ascending support level at 1.3220. While this level could offer some temporary relief, it might not be enough to change the overall bearish outlook. 💎If FET breaks below the ascending support, expect an initial drop towards the 1.23 - 1.19 zone, which is a moderate support. Failing to hold there, FET could see an even deeper decline towards the strong supports at 1.085 - 1.040. Paradisers, it’s time to play it safe and avoid taking impulsive entries. Discipline and patience will pay off here. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Jack
6
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend. FET recently broke its diagonal structure and is currently sitting within the weekly demand zone. I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs. Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
Long
by UA_CAPITAL
FETUSDT: Ready to Smash Resistance! FETUSDT: A Second Chance at Breaking Resistance! FETUSDT has recently faced challenges with an unsuccessful breakout from a head and shoulders pattern, but it's now making another attempt to break through major resistance. This presents a compelling opportunity for traders looking to enter the market. As FETUSDT approaches this critical resistance level, a successful breakout could signal the start of a bullish rally. For those looking to capitalize on this potential move, consider entering the trade once the resistance is confirmed as broken. Remember to implement a stop loss to manage risk effectively, ensuring you protect your capital. FETUSDT Currently trading at $1.44 Buy level: Above $1.488 Stop loss: Below $1.22 TP1: $1.77 TP2: $2 TP3: $2.6 TP4: $3.5 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
FET looking for breakout, but BTC looks pessmisticFET clean chart. Broke out of long term trendline, re-tested horizontal level twice and looking for a break out of the trend line re-test slope. However, BTC looking suss so it remains to be seen whether we respect this bounce from 1.266 horizontal level. Otherwise we're looking at break down past 1.266, and test the diagonal trendline around at 90c. We just need BTC to behave a bit better but because of all this talks of Uptober, it's likely to stay crabbing in a sideways market for a bit longer IMHO. 9.9 times out of 10, when we expect something big to happen in the market, it doesn't. There's just too many narratives around BTC halving and pattern repeats itself for the 4th time yadi yada, the market won't just let the retail have it that easy. Note to self: I should counter-trade these big events and will have more luck. Food for thought
by Doctor_Zeus
1