FET: Time to keep an eye on this level! it seems like the price is about to break the upper trendline, and now is the time to keep a close eye on FEM! If you're looking to trade FEM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 2.92$ and take profits at the levels shown in the chart.
Targets:
1. 2.97$
2. 3.11$
3. 3.2$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
FETUSDT trade ideas
FET/USDT bullish OB trajectory? 👀🚀FET Today analysis💎 Paradisers, let’s delve into the intriguing movement of FET/USDT. Currently, the price is approaching a bullish order block (OB) that we’ve refined on the 2-hour timeframe at the level of $2.2111. This level holds immense significance, and its ability to transition from a mere retest to a robust bullish move could lead to breaking above the previous high and continuing the bullish journey.
💎 After following a higher low trajectory, FETCHAI presents interesting scenarios. If the recent low breaks, we need to shift our strategy and pay attention to secret price action (SPA). In this case, we can expect a bullish rebound from below the bullish OB refined on the 4-hour timeframe.
💎 However, we must remain vigilant. If the price of NYSE:FET drops below the 4-hour OB, it indicates that bears are taking control. In such a scenario, we should consider short entries. Remember, it’s all about patience and having the right strategy
What was the trigger for the FET/USDT boost ?Here is an Ichimoku reading of the FET/USDT. We can clearly see that once the chikou span had got above its obstacles then the price boosted. That could strongly happen on a lot of cryptocurrencies that currently have their chikou span getting above its obstacles. It might be a good idea to buy. *MIGHT*.
FETUSDT.PHello Trader BINANCE:FETUSDT.P
bullish flag area in the large time frame range of its 3H-1D area. long postition can be taken from now on
take profit 26%
stop loss 6%
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Disclamer: Not Financial Advice
FET weekly analyzeGreetings everyone,
FET has experienced a significant correction of over 50% after a major pump and is currently in a resting phase. As shown in the chart, FET is experiencing a pullback to the broken pivot in the weekly timeframe, and we can anticipate it to find support and rebound between 0.18-0.25. It may be advisable to wait for this area to establish a new long position. Our analysis suggests that in the next round, FET has the potential to reach the price range of 0.81-1$.
We also recommend monitoring FET/BTC as it is approaching the support area in the daily timeframe. It may be prudent to buy in the spot around the pivot while keeping an eye on the price levels.
Please note that investing in cryptocurrencies comes with significant risks. It is always wise to conduct your research and consult with a financial advisor before making any investment decisions.
FET long-term plan
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information.
Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority.
I know that many of you may buy FET at much lower prices but in my opinion, this level is still interesting for a long-term hold.
In weekly time-frame, FET is breaking the neckline and the rally will continue.
With medium market cap of $400M at the current price, my targets are $2.5, $4.5 and $9.
------------- Information on FET -----------
FET (Fetch.ai) is a decentralized digital currency and blockchain project. It aims to develop a decentralized infrastructure for autonomous economic agents (AEAs) to perform various tasks, such as data sharing, AI learning, and machine-to-machine transactions. This infrastructure is designed to facilitate the efficient exchange of data and services between different AI systems, IoT devices, and other digital entities.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.