FET Ready For a Brake Out?Crypto has been trading sideways for months. We have seen some significant retraces with plenty of upside available without even braking previous highs.
This is a daily chart and looking at the time aspect of our gann box there is near perfect proportions with each pull back and now reaching the end of the projected cycle.
Looking at the wave trend oscillator we can also it has rotated to the down side and approaching the time range to rotate back to the upside.
Current Trading Plan is to target the $2.50-$3.00. This is a conservative short term target with oppertunity for much higher highs.
Trade Well....
Your Friend,
Degen
FETUSDT trade ideas
FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs.
Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum.
Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
FET god candle soon?!FET looks like it's deep in a complex correction, with Wave C now in play. The potential pullback zones could hit 0.382 , 0.5 , or 0.618 , depending on your risk tolerance. Once this retracement completes, brace yourself for a monster move—Wave 3 alone could unleash a god-tier candle, ripping through $1,000+ with serious force!
FETUSDTFETUSDT is in strong bullish trend.
As the market is consistently printing new LHs and LLs.
currently the market is retracing a bit after last LL, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg down could go for new LL.
What you guys think of this idea?
FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
FETUSDTFETUSDT is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 1.2500
What you guys think of this idea?
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend.
FET recently broke its diagonal structure and is currently sitting within the weekly demand zone.
I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs.
Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
Fet Rsi DivergenceA bullish signal on the RSI indicator signals that the price did not move in sync with the RSI; the price moved low, but the RSI moved less. This bullish divergence is an indication of strengthening momentum as show in the Fet chart. A bearish signal on the RSI indicator signals that the price and RSI are not in sync.
The price formed a higher move than the RSI. This bearish divergence is an indication of weak momentum.
Price action on #FETCH.AI#FETCH.AI has been trading within an 8 weeks channel up and rebounded it's price on the 1D MA50. Moreover we can also notice that the orderblock acted also as a support and helped the price climb higher. Now we are targeting a higher high in the coming days as a confirmation to our uptrend. Extra information gives us the RSI which indicates a good buy opportunity in the (sales) zone. Our target is 2.524$ level 0 of the fib retracement.
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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