โด๏ธ FetchAI Fast 50% Jump In The Making ($40K Bitcoin?)FetchAI (FETUSDT) just broke EMA100 as resistance and is starting to gain in bullish momentum.
I mentioned that this pair moved first in early 2023, one of the strongest, and its breakout revealed what was coming to the rest of the Crypto-market.
Now, many Altcoins aren't looking that beautiful, people still have their doubts about Bitcoin and what is likely to happen next. FetchAI can help you clear those doubts if you are part of that group, this chart is saying "massive strength".
We have a low 10-June followed by a higher low in August (based on session close), this is a repeating pattern all across the market. We see this pair moving forward and that's exactly what the rest of the market will do.
Here I am mapping a short-term move but this isn't likely to be all.
Almost 7 months of correction, it has to end at some point.
We are in a bullish trend, after the correction is over a higher high comes next.
โ๏ธ Can't wait to see how it all develops... Positive!
โ๏ธ Can't wait to see Bitcoin hitting above $40K... Easy!
Namaste.
FETUSDT trade ideas
๐จ Trade Alert: FET/USDT (3-5x)๐จ New Trade Alert ๐จ
โ
FET/USDT (3-5x)
๐ LONG Entry Zone: 0.484 - 0.5134
โ๏ธ SL: 0.4588
๐ Breakeven Move: When it moves close to TP2
๐ฏ Take Profit:
Short Term: 0.52 - 0.525 - 0.53 - 0.54 - 0.55
Mid Term: 0.56 - 0.58 - 0.60 - 0.62 - 0.65
๐ Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
โ ๏ธ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADINGยฎ
FET possible Buy zones Potential areas to buy are shown as green bundles, We are waiting for a decrease in price according to the market trend.
FET/USDT Distibution Phase. Need retesting to continue upward !!๐ FET has certainly captured the market's attention with its notable performance. At present, FET is experiencing consolidation within the supply zone. Typically, consolidation at higher levels can indicate a distribution phase, suggesting a potential downturn for a corrective test at the demand levels between $0.308 and $0.277.
๐ This observation comes from the fact that FET has not yet undergone a retesting phase following its breakout above the supply area. Should the asset retrace to these demand levels, a significant bounce could be anticipated, probability of FET toward the target supply zones and beyond.
๐ However, should FET revisit the demand zone without showing signs of a strong reboundโfailing to reject lower pricesโit could signal a loss of the demand area. Such a development would indicate bearish momentum for FET, opening the door for a possible descent to lower demand levels and potentially revisiting the key support area.
FET/USDT Had a Good Run | ๐๐ What's Next Possible Move?๐ Yello, Paradisers! Turn your attention to FETUSDT โ it's currently exhibiting an upward momentum within an ascending channel, hinting at a potential adjustment in response to a nearing supply zone.
๐ Recently, Fetch.AI has been steadily climbing within this channel. Yet, we might witness a shift or correction in the near future. It's crucial to acknowledge that FET is nearing a pivotal resistance level at $0.6061.
๐ Just past this resistance lies a notable supply zone, identified by an untouched Order Block (OB). If FET dips below the support level of $0.50, we anticipate a move towards the demand zone, as detailed in our analysis.
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FET/USDT potential shift? ? ๐ ๐ FET Today analysis๐ Paradisers, turn your attention to FETUSDT! We've observed its trajectory as it faces rejection from the resistance level, hinting at a heightened likelihood of a bullish surge from the Bullish OB.
๐ In recent history, FETUSDT managed to break free from a descending trendline, charting an upward course. At present, after facing rejection at the 0.3902 resistance level, the odds are leaning towards a bullish resurgence from the Bullish OB level.
๐ Additionally, the asset's strong momentum above the ema100 further amplifies the bullish narrative. However, be cautious: a breach below the .2806 level could signal a potential downward shift. Stay vigilant and strategize accordingly
FETUSDT realize massive profits 169% ๐ฅ๐ฅ๐๐ #FETUSDT
Spot VIP ๐ฅ๐ฏ
BoooooooM ๐๐
All Targets: doneโ
Entry price: 0.2157$โ
Price reached : 0.5797$ โ
Profit: 169.49% โ
๐๐๐ค
๐ Breaking News: FET/USDT Soars to Unprecedented Heights with a Staggering 169% Surge in the Spot Market! ๐
In a spectacular turn of events, the digital currency FET/USDT has witnessed an extraordinary surge, catapulting an astonishing 169% in the spot market. This meteoric rise has captivated the attention of traders and investors alike, marking a historic milestone for FET enthusiasts.
FET/USDT Short Trade Setup โฌ๏ธHello Everyone ๐๐ฝโโ๏ธ
RSI + Supply zone
๐ EP 0.5304
๐ด SL 0.5486
๐ข TP1 0.5111โ ๏ธ( Close 33% of the trade and Set the SL on EP )โ ๏ธ
๐ข TP2 0.4932โ ๏ธ ( Close 33% of the trade )โ ๏ธ
๐ข TP3 0.4748๐ฅ ( Final result)๐ฅ
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more ๐๐ปโโ๏ธ
Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
๐ฅ FETCH.AI [FET] Massive Cup & Handle PatternFET has been forming a huge cup &handle pattern over the last 1.5 years. With FET's most recent bullish impulse, it's a matter of time before we can see the final break out through the top resistance.
Cup & handle patterns are often patterns that precede huge volatile moves, so wouldn't be surprised if FET will make new all-time highs this year, especially with AI being "cool" again like at the start of the year.
Long-term target at 3$, stop below a short-term swing low.
FET ANALYSIS๐ฎ #FET Analysis - Support and Resistance ๐๐
๐ฒ๐ฒ #FET is trading near its supply zone and we have seen rejection here twice before and we may see a rejection this time too. But if #FET closes above the supply zone and sustain the higher price, it will indicate a good bullish move ๐๐
โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐๐ธ
๐ทRemember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FET #Cryptocurrency #Support #Resistance #DYOR