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Fetch.AI / TetherUS

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FETUSDT trade ideas

FETUSDT - Heading towards the next resistance line ^BINANCE:FETUSDT (4H CHART) Technical Analysis Update FETUSDT is currently trading at $0.5686 and currently bouncing back from from support around 0.5358 and we expect it to hit the next resistance at around 0.6400. Long Entry level: $ 0.5668 Stop loss: below $ 0.5206 Target 1: $0.5993 Target 2: $ 0.6400 Target 3: $ 0.7000 Max Leverage: 5x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
FETUSDT - BULLISH OUTLOOKFETUSDT is currently demonstrating a bullish divergence on the 1-hour (1H) time frame, indicating a potential reversal in the ongoing trend. In light of this observation, a trading strategy can be considered as follows: Entry: Contemplate entering a long position through a buy-stop order at 0.6350. Stop Loss (SL): Implement a risk management stop loss at 0.58 to mitigate potential losses. Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio: TP1 = 0.69 TP2 = 0.745 This trading strategy aims to capitalize on the anticipated bullish reversal signaled by the observed divergence. Traders are advised to stay vigilant for any shifts in market conditions and adjust their strategy accordingly.
Long
by sunnytrader07
✴️ FetchAI Completes Its 2nd Major Wave (Long Correction Now)FetchAI has been doing great since late November 2022, it produced two major bullish waves while many Altcoins are yet to produce a strong one, some are still trading low near support. This is a signal that we looked on the Bitcoin trade idea, EMA50. ➖FETUSDT can be seen touching EMA50 from above after major growth. If we look at early December 2022, once FETUSDT moved above EMA50, it grew consistently never coming close to this level. When EMA50 was tested as support in March 2023, this confirmed a correction plus consolidation phase lasting 8 months. The same dynamic is true again. In October, FETUSDT moved above EMA50 and never looked back, it grew safely above this level but, on the 3-January 2024, just two days ago, EMA50 was tested as support. Even though FetchAI bounced this test signals the start of a new correction phase, a long one. This analysis is valid for Bitcoin as well as many of the major Altcoins and/or all those that already produced massive growth. ➖Prepare for the correction... Some will go down while others go up. At this stage in the game each pair needs to be considered individually, we cannot generalize anymore. Thank you for reading. Thanks a lot for your continued support. Namaste.
Short
by MasterAnanda
5
FET/USDT probability of bullish move from support?👀FET Analysis💎 Paradisers, cast your eyes on #FETUSDT, currently weaving a narrative that hints at a bullish revival from its current stronghold. 💎 Amidst the rollercoaster of market ups and downs, #FETCHAI has taken a dip but now seems to be gathering its strength at the support zone of $0.5823. Should #FET successfully anchor itself above this level, we might witness a spirited charge towards the ambitious resistance at $0.8739, painting a bullish streak in its market story. 💎 In the ever-twisting crypto realm, where unpredictability is the only constant, a strategy that dances to the market's dynamic tune is essential. If #FET finds itself in a tussle to maintain its stance in this crucial zone, it's time for a strategic shuffle. 💎 Enter Plan B: a tactical shift that eyes a bullish resurgence from a deeper realm of support at $0.4635. This level is a critical watchpoint, as a slip below could unravel a narrative twist, possibly steering #FET towards a bearish territory. Stay alert and nimble, Paradisers, as we navigate the intriguing odyssey of the #FET market.
Long
by MyCryptoParadise
1