Fetch ai is about to melt facesI think we're in the same consolidation zone for BTC like we did when we broke out at the beginning of this year. What did fetchai, when btc consolidated at the highs? It pumped, and thats exactly what i think will happen again this week. After that test the resistance at 50 cents back and let the bulls take control. My two cents.
FETUSDT trade ideas
#FET/USDT#FET
Our price is moving downward on a 4-hour frame and is rising from the current levels
We have a bounce from the lower border of the channel from the support area at 1.13
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is heading up and supporting it
Entry price is 1.20
The first goal is 1.38
Second goal 1.46
Third goal 1.57
#Fet 1D chartNYSE:FET 1D chart;
The $1,199 level is a strong resistance and it seems to be using it as a balance level.
If there is another possible pullback, it may hit the lower trend line.
It is moving towards a narrowing between the trends and it would not be a surprise if it makes an upward move after the squeeze.
We can consider OB levels as possible resistance zones. Therefore, it may make retracements from here.
FETUSDT Bullish PennantFETUSDT technical analysis update
FET price has formed a pennant pattern on the 4H chart. It's a bullish continuation pattern. Once the price breaks the pennant pattern, we can expect a bullish continuation in FET.
Buy once the price breaks the pennant resistance line.
Stop Loss: 1.40
New Bullish Trend Is About To Start 📈 Perfect Bullish Structure Formed At The Chart ,There Is a Clear Bull Flag By The ABC Corrective Structure And Wave C Shaped Impulsive And Completed At The 1.1$ Area ,Currently The Price Rejected From The 0.618% Fibo Level And Playing Below The Important Trend Line ,The Main Trend Is Extremely Bullish And I Expect a Breakout But Before That Little Correction Below The Trend Line Is Expected
FET AI - SECOND SCENARIO
BINANCE:FETUSDT should be going down to $1.28 from there, I expect a bounce and it bullish continuation because on the daily timeframe which is considered a primary cycle, the volume is still pretty strong.
Unlike the first scenario, this one won't be going much higher but at least $6 is expected so when you get there, don't make the mistake of "oh we are going to the moon" and forget to take profit.
OTHER ANALYSIS
long FET for 2X profitsFET is now in high strong recommended area to buy
the price hit the Fibonacci 0.786 and showed a strong support LVL
also i broke the down trend and i guess I'll format cup and handle pattern before the up trend starts or VIAGRA candles
i recommend u to buy half of the amount at this price LVL and a Limit order with other half at 1.4$
BINANCE:FETUSDT.P
Fet Preparing To Continue Its Bullish Momentum After Healthy CorSeems Like Crypto Market Has Already Completed Its Healthy Correction And Now Ready For Recovery Like Most Of Coins Showing Bullish Momentum Fet From One Of Them Seems Like Ready For Solid Recovery In Coming Weeks Breaking Falling Wedge In H12 Timeframe Incase Of Successful Breakout Expecting Massive Bullish Rally Towards New Ath
Expecting Move Towards 5$ Incase Of Successful breakout
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🌴
FET - Entering accumulation zoneThis one is hard to base solely on the charts just because Ocean Protocol (OCEAN), SingularityNet (AGIX), and Fetch.Ai just merged into Artificial Superintelligence Alliance (ASI). These aim to be leaders in the AI space and combining could show amazing strength.
Therefore, based on FET's chart it looks like a great accumulation range here's why:
-Holding weekly 50 MA (green MA)
- Double bottom on RSI (yellow line green arrows)
*The last time RSI bottom here was during the FTX collapse
It is possible to go a little lower into the "lower liquidity zone", but even at our current prices is a great time to start the accumulation process in case we do not drop in that zone.
Perfect example of Bearish DivergenceBoth OBV and RSI show weakness as price makes a higher high, this is a perfect indication of a trend reversal. OBV (on balance volume) measures buying and selling pressure, RSI (relative strength index) measures the momentum of price. Combining these 2 indicators allows you to identify a change in the market before price does.
FET LONG
FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs.
Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.