FET Update - 15.10.2024 / Long Idea 1d: moving on the upside off, there is a liquidity target behind the key high.
4h: upward order flow here as well, went into buyer imbalance.
Observe risk management !
FETUSDT trade ideas
FET usdtFET HEAD AND SHOULDER BUlish 14% to 1.7
Note: All currencies will break the resistance after Bitcoin breaches $66,000
FETUSDTHead and shoulders return pattern occurs and retest.At the same time btc pair has po3 deviation lvl.There is war escalation in middle east so be careful.
FETUSDT-LONG IDEA FETUSDT recently broke its trend line making consecutive higher highs and higher lows and also the retracted back to 0.5 fib level potential upside move can be expected. do your own analysis before taking the trade.
Expect to climb if it cracksBINANCE:FETUSDT
The correction can continue up to the price of 1.1 and then start to rise from here or break the trend line and climb up to the price of 2.2-2.5.
FETUSDT: Ready to Smash Resistance! FETUSDT: A Second Chance at Breaking Resistance!
FETUSDT has recently faced challenges with an unsuccessful breakout from a head and shoulders pattern, but it's now making another attempt to break through major resistance. This presents a compelling opportunity for traders looking to enter the market. As FETUSDT approaches this critical resistance level, a successful breakout could signal the start of a bullish rally.
For those looking to capitalize on this potential move, consider entering the trade once the resistance is confirmed as broken. Remember to implement a stop loss to manage risk effectively, ensuring you protect your capital.
FETUSDT Currently trading at $1.44
Buy level: Above $1.488
Stop loss: Below $1.22
TP1: $1.77
TP2: $2
TP3: $2.6
TP4: $3.5
Max Leverage 3x
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FETUSDT - Something is cooking upFET has just made a double bottom finding support on falling fibonacci channel 1.618 trend-line. Expecting somewhere around 25% rally to 1.77 levels.
FET looking for breakout, but BTC looks pessmisticFET clean chart. Broke out of long term trendline, re-tested horizontal level twice and looking for a break out of the trend line re-test slope.
However, BTC looking suss so it remains to be seen whether we respect this bounce from 1.266 horizontal level. Otherwise we're looking at break down past 1.266, and test the diagonal trendline around at 90c. We just need BTC to behave a bit better but because of all this talks of Uptober, it's likely to stay crabbing in a sideways market for a bit longer IMHO. 9.9 times out of 10, when we expect something big to happen in the market, it doesn't. There's just too many narratives around BTC halving and pattern repeats itself for the 4th time yadi yada, the market won't just let the retail have it that easy.
Note to self: I should counter-trade these big events and will have more luck. Food for thought
FETUSDT TRADE IDEA- FETUSDT bullish trend.
- Bullish BOS.
- Formed Sell side liquidity right above FVG.
- Entry modules OB+FVG+SSL.
- Check the chart.
Long Fetch AI/UsdtReasoning:
-Datadash brought to my attention, it was featured in the last dash report closer to the lows,
-Broken free of two diagonal resistances
-retesting the resistance of a reverse head and shoulder as support
-Above 21, 50, 100, 200 day moving average
-above bull market support band.
-Many of these potential support levels are converging on the same price range from $1.5-1.35
-BTC has broken above BMSB and may have just created a MSB that could lead it to new highs.
-An immediate indicator of momentum would be the 21day moving average, nick from data dash frequently references this one for swing trades in the time frame i am familiar with.
- the support zone from 0.7 to 1.0 is a long term resistance turned support, and Fetch has bounced strongly from there.
-Showing many similarities and a possible repeat of the move it had from March 2021 to sept/Oct 2021 with a double peak wherein the second is slightly higher to retest the upper bound of its long term channel.
-I plan on being very aggressive with entry and allowing a large loss percentage wise in my trading account if i am wrong because of the confluence of so many factors listed above. I'm also young and my account value is not particularly large relative to a professional trader. I can make the money back in a short period of time with my day job.
MACRO
-SPY at ATH and generally markets run up into elections, before experiencing their correction
-The bear case is that
BTC is not able to maintain MSB or above BMSB
Fetch breaks below relevant MAs and the support region it SHOULD have created by breaking above its reverse H&S pattern
I will attempt to conjure up a Trailing stop loss based on momentum indicators like the 21DMA or even longer frame ones depending on my risk/pain tolerance.
My entry and exit strategy really needs work but i will attempt to remove emotion from the exit portion of this trade. Entries still unkown ATP.
HARDSTOP at 1.335 under all MAs
I would have included More TImeframe views as well as the btc chart but i dont have a premium plan yet
FET Long Position (Bull Market Anticipation)Market Context: FET is demonstrating a shift in market structure, indicating the potential for an upward trend. As a strong AI-related asset, it is poised for the next leg up in the current bull market. We expect one final shakeout below the previous fake low, providing an optimal entry point for a long-term position.
Trade Setup:
Entry: Around $1.15.
Take Profit:
First target: $1.70
Second target: $2.00
Third target: $3.20
Stop Loss: Daily close below $0.95.
This setup allows us to capitalize on potential upward momentum while maintaining a manageable risk. #FET #Crypto #AI
Artificial Superintelligence Alliance (Downtrend Line)Artificial Superintelligence Alliance (FETUSDT) did even better than Injective; between November 2022 and March 2024 it grew an astonishing 6,527%. After a bullish wave, a correction follows. After the correction, we get a consolidation period followed by a new bullish wave.
FETUSDT has been red since March 2024, but it seems that the correction is not over. Just last week, we see a candlestick that clearly shows a minor peak, a lower high. This can be the end of wave B of a classic ABC pattern.
The first drop from March through August sent prices as low as January 2024/December 2023, baseline level. With the lower high now forming, a bearish continuation is likely next. This continuation will most likely end in a lower low because we have a lower high. The lower low can push prices toward the September/October 2023 consolidation price range.
It seems we are about to experience a very, very strong crash. There is nothing bullish on this chart. It will be super bullish after the correction ends. But for now, stay out or SHORT, because the market is about to turn red.
Namaste.
FET - Playing Fibonacci Like A FiddleAfter our recent post about FET having a monthly recovery it went on to finish the month with an over 34% gain! Here is a link to that post:
Now we continue to see FET show bullish momentum based on how price has played with our Fibonacci levels. After resting our orange trendline as new support price rocketed to the upside to test the 0.236 as resistance. Then upon breaking the 0.236 price held it as a new support level and climbed to our next fib level, the 0.382. After price got rejected at the 0.382 it revisited the 0.236 to confirm it as support. Once we rise to break the 0.382 again we should expect the 0.5 followed by the 0.618 and higher.
FET (will hold the retest area?)FET / USDT
Price is in interesting area which is the retest zone after breakout of 6 months downtrend!
For short term rally price must hold above current zone
Time for bulls to show themselves here or else the price will drop to HTF support again
FET/USDT Structure Shifted BearishLooks like we're in for a major drop! The market structure is signaling strong bearish momentum—be cautious if you're holding. 📉
Could see some massive corrections coming. Stay alert and trade smart! 💡
#Crypto #FETUSDT #BearishTrend #MarketUpdate #TradingAlert #CryptoAnalysis
FET BULLISH TO $3.9It appears that if Bitcoin does not enter a bearish phase, we will experience an altcoin season, presenting optimal long entry opportunities with minimal stop-loss requirements.
Therefore I see FET going to $3.9
With short term target $2.1
$FET LONG HTFNYSE:FET ( CSELK:ASI ) looks very bullish here still following the uptrend. Target $9-13 by EOY.
Possible Long Scenario for FETafter the sell off or manipulation I am expecting a distribution phase to the upside
$FET long ideaBeautiful breakout of a bullish pattern.
$1.862 is key area for $FET.
Flip that and next stop is yearly high.
AI coins will show strength.
FET/USDT Strong Support and AI Narrative Fuel Potential GrowthFET/USDT is presenting a compelling case for traders right now.
With strong support at the $1.5 level, positive technical indicators like the bullish divergence on the Stochastic Oscillator, and a growing AI narrative, FET has the potential to reach $2 in the near future.
Traders should consider this an optimal buying zone, but as always, it’s important to stay vigilant and monitor market conditions closely.
Fet Long trade ideaFET/USDT is in bullish trend and did a nice BOS. As trend is bullish that's why we will look for Longs only. As we see on charts there is a sell side liquidity created above the FVG and a valid order block. So I will long FET/USDT below that SSL and OB area.
Strong Impulsive Move Toward a New ATH Is Just Started 🔎 Let’s Look At The FET Chart At Daily Timeframe, Clear Inverse Head And Shoulder Formed And The Price Break The Neck Line And Also Main Trend Line, In My Idea FET Corrective Cycle Is Completed And New Impulse Move Is About To Start Toward a New ATH
🎯 Next Mid Term Targets Are 2.4$ And 4.2$ As a New ATH
