Fetch.ai - Road to 1$ and beyondHello everyone,
I wanted to share my thoughts on Fetch.ai in the short term. As the global crypto market gears up for a significant bull run in 2024/25, Fetch.ai is a key player in my long-term portfolio. I'd love to hear your thoughts in the comments below and discuss this exciting project together.
Overview:
Fetch.ai stands out as a unique project that combines artificial intelligence and blockchain. Investors are showing interest in its innovative approach to decentralized machine learning and smart contracts.
Technical Analysis:
Current Price: $0.4
Short-Term Target: $0.5 - $0.6
Mid-Term Goal: $1
Key Points:
Strong Foundation: Fetch.ai's blend of AI and blockchain makes it notable, attracting attention and partnerships in the industry.
Positive Trends: Recent price movements suggest a potential upward trend. If FET breaks key resistance levels, it could move towards the short-term target.
Investor Confidence: Fetch.ai has positive sentiment with ongoing development updates and strategic partnerships, boosting investor confidence.
Strategy:
Entry Point: Look for entry points around the current price, especially during potential breakout scenarios.
Take Profit: It's wise to secure short-term gains in the $0.5 - $0.6 range, with a reevaluation for a potential move towards the $1 mark.
Risk Management: Implement a stop-loss strategy to manage risks given the inherent volatility of the crypto market.
In Conclusion:
Fetch.ai's unique features and positive market sentiment make a compelling case for the "road to $1." Always conduct thorough research and practice risk management before making investment decisions.
Note: This analysis isn't financial advice. Please do your own research before making investment decisions.
FETUSDT trade ideas
END IN 2-LEVEL ZONE*-Technical Analysis ๐
in bullrun and need rest this trend
*Trade (Sell) ๐
0.3935$
*-Stop Loss ๐ด
0.4154$
*-Take Profit ๐ฏ
0.3382$
*-Risk Management ๐ง
2%
๐จโ๐ Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
NEAR and FET: Similar Fakeout PatternsThe cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore the nuances of these setups. ๐๐
NEAR's "Sweep of the Lows":
NEAR Protocol (NEAR) recently performed a "sweep of the lows," a strategic move designed to clear out sell orders at lower price levels. This maneuver creates a potential foundation for an upward movement.
FET's "Double Bottom":
Fetch.ai (FET), on the other hand, appears to be forming a "double bottom" pattern, characterized by two distinct price lows. This pattern often signifies a shift from a downtrend to an uptrend and can lead to notable price gains.
The $0.55 Target for Fetch
Trading Strategy:
Observation: Keep a watchful eye on the price action of NEAR and FET, and how they interact with their respective patterns.
Risk Management: Prudent risk management is essential, particularly when dealing with the inherent volatility of the crypto market.
Stay Informed: Stay up-to-date with the latest developments and news related to NEAR and FET that could impact their price trajectories.
Conclusion:
In the crypto market, similar patterns can lead to varying outcomes. While both NEAR and FET are eyeing the $0.55 level, the paths they take may diverge. As traders and investors, it's crucial to remain adaptable, stay informed, and exercise caution as you navigate these distinct journeys.
Remember that the crypto market can be as unpredictable as it is exciting. May your trades be prosperous, no matter which path you choose to follow.
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FET predictionFET seems to have bottomed around Nov 2022, and if the waves are counted correctly, is currently on wave 3 of a bull cycle. If FET has the same exact cycle as it's last run, I am predicting a total return of 6383%. The 1:1 extension is 2038%. Will be interested to see how this plays out.
This is just a prediction and not financial advise.
FET Next Long Position IdeaFET has been a big mover thus far and appears to have more to go. On a macro scale a simple measured move of the macro trend structure puts a high target in the 1.70 range. This is not something that necessary will occur but reasonably possible given the past price action.
Current trading plan is to look for pull back that consolidates at the last daily support structure at .2800.
As such IF buyers alow price to be discounted to this area, coupled with bullish oscillator signals a new long position from this area may be in order targeting the next macro resistance level in the .41-.45 range.
Trade Well.......
FET Sell-Side Liquidty PUMPS UP๐ค๐นFetch.ai (FET) is navigating the complex world of cryptocurrency with an intriguing strategy that involves tapping into hidden liquidity, setting the stage for potential growth. ๐ค๐น
Understanding Buy Side and Sell Side Liquidity
In the world of trading, understanding the dynamics of liquidity is paramount. Two crucial components in this ecosystem are "buy side liquidity" and "sell side liquidity." Let's delve into these concepts:
Buy Side Liquidity: This refers to the willingness of traders and investors to buy a particular asset at a specified price. It represents the demand for the asset.
Sell Side Liquidity: On the other hand, sell side liquidity represents the supply of an asset that market participants are willing to sell at a certain price.
Fetch.ai's Unique Approach
Fetch.ai (FET) has adopted a distinctive approach to utilizing liquidity. It focuses on "sell side liquidity," which means it strategically leverages the supply side of the market to drive its price upwards. This method often involves executing a "sweep of the low."
Sweeping the Low: A Bullish Strategy
When Fetch.ai "sweeps the low," it means that the project is actively targeting available sell side liquidity by making purchases at opportune moments when the price is at lower levels. This strategy creates an upward push, which can lead to increased demand and a subsequent price surge.
Trading Strategy: Capitalizing on Fetch.ai's Tactics
For traders and investors, understanding Fetch.ai's unique liquidity strategy is essential. Keeping an eye on its activity around "sell side liquidity" can provide valuable insights for potential trading opportunities.
Conclusion: Fetch.ai's Unconventional Path to Success
By strategically embracing sell side liquidity, Fetch.ai is rewriting the playbook on how cryptocurrencies can harness market dynamics to their advantage. With its unconventional approach and potential for growth, FET is one to watch closely in the dynamic world of crypto.
๐ค Innovative Strategies | ๐ Liquidity Dynamics | ๐ Cryptocurrency Trading | ๐ก Market Insights
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Feel free to share your thoughts and insights. ๐๐๐
FETUSDT - Trend breakoutFETUSDT (4h Chart) Technical analysis
FETUSDT (4h Chart) Currently trading at $0.22
Buy level: Above $0.219
Stop loss: Below $0.198
TP1: $0.228
TP2: $0.24
TP3: $0.262
TP4: $0.3
Max Leverage 3x
Always keep Stop loss
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FET on massive resistanceFET is currently facing massive resistance on the daily and 4hrs TF.... I'm personally expecting a good run if daily and 4hrs TF resistance can be flip to support but as we can see the right chart saying otherwise because1hr TF currently printing bearish divergence.... If te1hr TF bearish divergence playout mean FET will need to test the support below before we can upside movement continuation.........
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FET/USDT bullish momentum? ๐ ๐ FET Today analysis๐ Paradisers, turn your focus to FETUSDT, which is currently navigating within a demand zone, showcasing a pronounced likelihood of a bullish trajectory..
๐ FetchAI has consistently moved within a descending channel. However, recent activity suggests a retest of its support zone, followed by a bullish inclination. As it surpasses the EMA 55, the probability of sustained upward momentum becomes more pronounced. Here are the potential scenarios to consider:
๐ If it approaches the .2119 threshold, there's a higher probability that it might aim for elevated levels. Interestingly, despite many novices potentially shorting this coin around this level, the odds lean towards a bullish outcome. Should it further ascend past the .2278 supply level, the probability of it nearing the resistance zone increases.
๐ On the flip side, if FET price descends below the .1991 support mark, the likelihood of a bearish downturn becomes more significant. As always, it's crucial to approach the market with a blend of strategic insight and caution.
FET/USDT Break the Descending Channel, Upward Momentum ??? ๐ FET has undoubtedly garnered our attention. Recently, FET triumphed in breaching the Descending channel pattern. In the lower time frame (LTF), FET is in the midst of a retesting phase, poised for further ascension.
๐ Probability Its eyes are set on the Supply area, a critical juncture for affirming a bullish stance. A successful breakout here is crucial. However, failure to do so could see FET retreating to nearby support levels to gather fresh momentum.
๐ However, there's a risk. If FET's breakout proves to be a false dawn, it could spell trouble. A return to the demand zone without sufficient buying pressure, leading to a breach below, could initiate a worrying slide for FET, potentially extending down to the next substantial Key support zone.