FETUSDTAfter the previous rally, FET is back to 0.382 Fibonacci level(0.4345) finding support here from the long term trend line date back since
Corona crash 2020. this would give us a chance to scoop some. As long the 0.382 ($0.4345)fib level hold long term looks promising for FET!
The next break out targets are $1.59 and $1.87
Invalidation Point:
Break of 0.382 fibs ($0.4345) 4H or higher TF, if this level is lost $0.30 is next
FET/BTC
Very CLear Trend From RSI. Whenever FET/BTC touch the long-term trend line price exploded after. can we Repeat?
As always:
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FET
Bullish Double Bottom ? FET/BTC #FET $FET #FetchAILooks like FET just hit another Double Bottom last night on the daily chart . You'll notice we had a VERY similar pattern in late summer before a very nice run happened . I suspect we are doing the same thing now . We've hit a red TD Sequential 9 last night ( and that's the second one we've hit . ) Both of these form our double bottom . Some might say these bottoms aren't exactly the same but they can be within 3% and still be a valid double bottom and I think this is , It's just very similar to what we did in late summer . I believe FET is about to have another run probably leading into the next few months of 2022.You'll notice even our light and dark blue 50 and 200 MA lines look similar ! Target here could definitely be a little higher than our last top near 2500. I suspect we can hit 3200 area which is a very strong weekly resistance . Possibly even 3400 or 3500 . We can always go higher - it's a Bullrun and the market is very volatile . We will probably follow that Gann Fan up . First step up will bring us under the daily Ichimoku cloud .
FET has room to drop until the next demand zone. 1:3 trade ideaThe volume profile is showing us a nice level of demand, I think we will bounce off the bearish trendline until we reach some demand down there.
I have positioned the target in the breakout zone of the current bear move, thinking about a retest up there.
FET possible 450% or more target. Hello Friends,
Here is the another gem.
#FETUSDT
AI based on project - Fundamentally good coin.
Technically on 5th wave. Towards $5, $8
Self explanatory chart (Log Scale), post your thoughts.
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Thanks in advance. Dnot miss to check other ideas of mine.