FET – Next Pullback Will Reveal if it’s Bullish or BearishPros:
1. On August 17th, FET deviated below the range low in an SFP.
2. Since August 17th, it has been making higher highs and higher lows on the daily chart.
3. On September 2nd, the 21D EMA crossed above the 50D EMA and above the 200D EMA.
4. Today (September 3rd), FET breached the range-high at 0.2558.
5. Volume is rising on the green candles and declining on the red candles.
6. Generally, FET is outperforming similar assets such as AGIX, when in the past they moved together.
7. On the 1H TF, we have seven consolidation candles below resistance. IMO, consolidation below resistance shows that demand is strong and not likely to break down.
Cons:
1. The RSI is a bit elevated. The daily RSI is at 70. FET is close to the oversold level.
2. FET did not test the range high as support.
3. In general, the market is in a downtrend. This presents some headwinds to an asset trying to swim against the current.
Neutral:
1. When an asset outperforms the market and it is at resistance, this is when the short sellers get in. This could be a positive (short squeeze) or a negative (overwhelming sell pressure).
2. The next resistance is at 0.2825.
Possible Bullish Scenario:
• FET continues its upward trajectory toward the next resistance level.
Pull back to the range high to test it as support and continuation up.
Possible Bearish Scenario:
• This deviation above the range high is a liquidity grab before the downtrend resumes.
Conclusion:
Patience. Let FET show its hand.
Long Trade: If FET tests the range high as support, I will long:
• Entry: 0.255
• SL: 0.2465 (Below the consolidation candles)
• Target: 0.31
• TP: 0.2855
• R: R to first TP: 1:2.8
Short Trade: If FET goes below the range high and tests it as resistance, I will short.
• Entry: 0.255
• SL: 0.265
• Target: 0.1728
• TP: 0.2
• R: R to first TP: 1:5.5
NFA.
What do you think? Please share in the comments.
Best Wishes.
FETUSDT
📉FETCH.AI --> 0.17$ then 0.25$ 📈BINANCE:FETUSDT
COINBASE:FETUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes above the weekly Bollinger midline, the short scenario won't be fulfilled.
targets are on the chart.
Optimum stop-loss is above the 0.16 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
FET/USDT Potential Break the Falling wedge pattern ??💎 Hello Paradisers, take note of this token!
💎FET has impressively regained its previously breached demand zone. Currently, it's undergoing a retest of this demand.
💎aiming to ascend towards the resistance trendline of its falling wedge pattern, where a supply zone also lies. For a continued bullish trajectory, breaking this resistance is crucial.
💎The daily trading volume suggests a strong potential for this breakout, especially given the significant volume observed during its liquidity sweep, followed by a price surge.
💎As an AI token, and with AI gaining immense traction in 2023, FET presents a promising hold for both mid and long-term investors.
FET SHORT SETUPIt has started a good move after hitting Demand. In my opinion, this is a pullback for the formation of HL in this daily downtrend.
We have two good ranges for Sell/Short trades. The first range is FVG and the second range is OB. I don't expect the price to be able to close a candle above the OB range in the daily time frame.
I have also specified the invalidation level, which is the closing of a daily candle above this level.
I also marked the targets on the chart .When we reach the first target, save some profit and then change the stop to entry
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Whether the price can sustain above 0.1992 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(FETUSDT chart)
(1M chart)
Looking at the 1M chart, it's hard to see that the decline is over yet.
(1W chart)
However, since it is moving sideways around 150EMA on the 1W chart, there is only room for a turn to the upside.
So, the question is whether it can sustain the price by rising near 0.2897.
(1D chart)
Bollinger Bands are contracting.
Accordingly, it is expected that the Bollinger Bands will expand in the near future.
The HA-Low indicator formed at the 0.1992 point to create a support and resistance point.
Therefore, if the price is maintained above this point, it is expected to continue its upward trend.
However, since important indicators are passing around 0.2280, if the price fails to sustain the price by rising above 0.2650, it is expected to renew the latest prior low.
Therefore, when you touch the 0.1992 point and show support, you can decide whether to sell based on whether or not you break through the 0.2280-0.2650 section upward by aggressively buying.
Unlike IOTA, FET floats in midair.
That means there are a lot of people trying to keep the price down.
Even if the market cap is quite low, the meaning is the same.
If it fails to rise above 0.2650-0.2897, it should check for support around 0.1297.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
FETUSDTFETUSDT is trading in bearish parallel channel and reached at very strong demand zone. In past this demand zone shown very fine bullish reaction. Currently the price is also giving respect to declining trendline. Once the price is able to break declining trendline it will be a nice bullish run.
FET/USDT for Middle-Term GrowthFET/USDT, the trading pair representing Fetch.ai against Tether (USDT) on the Binance Spot exchange, has shown interesting potential for middle-term movement. As we examine the historical price data and market dynamics, several key points emerge:
1. Middle-Term Uptrend**: Over the past few months, FET/USDT has displayed a discernible uptrend, indicating growing interest from investors and traders. This bullish bias suggests that the market sentiment has been positive, with increasing demand for Fetch.ai, the native token of the decentralized artificial intelligence platform.
2. Strong Support Levels**: During this middle-term period, FET/USDT has formed robust support levels at various price points. These levels have proven significant as they attracted buying interest and prevented substantial price declines. Traders closely monitoring the market should pay attention to these support zones, as any breach could indicate a potential trend reversal.
3. Resistance Levels to Overcome**: Despite the uptrend, FET/USDT has encountered resistance at specific price levels. These resistance barriers have impeded further upward movement, leading to consolidations and corrections. As traders evaluate potential entry and exit points, these resistance levels are crucial indicators to consider.
4. Volatility and Trading Volume**: The middle-term analysis has observed intermittent spikes in volatility and trading volume for FET/USDT. Such periods of increased activity might be driven by news events, project developments, or broader market sentiment shifts. Traders should be cautious during these phases as market conditions may change rapidly.
5. Market Sentiment and Fundamental Analysis**: Middle-term movement in FET/USDT is likely influenced by both market sentiment and fundamental factors. Positive project developments, partnerships, and technological advancements could act as catalysts
FET Trading Plan, July 16th – 22nd, 2023• Since it broke out of the Descending Wedge, FET is ranging between 0.21 – 0.255 USD.
• Considering that the TOTAL3 chart indicates a bullish breakout, my bias remains bullish.
• On July 14th, FET hit the upper boundary of a 1H demand zone and bounced. Until a confirmed break out of the range high, a return to the range lows is still likely.
• I am posting two short-term trade ideas. However, my mid-term target for FET is 0.395 USD based on the breakout target from the Descending Wedge.
Trade Idea No. 1:
• Entry: 0.22 (4H demand zone)
• SL: 0.21
• Target: 0.254
• R: R: 1:3.4
Trade Idea No. 2:
• Entry: 0.2547 (range breakout after retesting as support)
• SL: 0.2415 (Range low).
• Target: 0.395
• R: R: 1:10.6
FET and why we can see - 70% again? BINANCE:FETUSDT
Possible Targets and explanation idea
➡️ Weekly fib legit. After AI narrative we saw perfect test 0.618 lvl
➡️ Still didn't sweep liquidity in 0.27 zone.
➡️ We can close at least 2 of green weekly gaps at least -70% again
➡️ Fundamental value based on Take Profit indicator last yellow line 0.14$
➡️ All lines are dynamic. After sweep liquidity at the bottom road will be open to weekly gap over 0.70$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
FET – Falling Wedge breaks Out to create Bull Flag
Please Read my previous FET idea for more context.
For now, it looks as if FET broke out of the Falling Wedge, and it is forming a Bull Flag.
Falling Wedge target: 0.422 USD
Bull Flag Target: 0.31 USD
Both targets have confluence with daily resistance level and can serve as TPs.
Final confirmation is when FET breaks above 0.2544 USD. You don’t have to wait for 0.25 to take the trade.
Trade Idea No.1:
Entry: 0.235 USD (approximately, break out of the Bull Flag)/
SL: 0.2040 USD
Target: 0.4223 USD
TP: 0.31, 0.4223 (leave some on the table)
R: R: 1:6
Trade Idea No. 2:
Entry: 0.254
SL: 0.2238 (below the Flag’s resistance line)
Target: 0.41
TP: 0.31, 0.4223 (leave some on the table)
R: R: 1:5.94
FET: Are we Ready for a Nice Pump?🤖🔍Or will we get rejected and back into trouble here?
Bitcoin needs to help and it is attempting the Huge breakout today. Not that clear but still valid and more probable:
check this post and our BTC ideas.
FETCH AI:
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This means that soon you won't need big search engines or aggregators to connect you to what you're trying to accomplish 🔍
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One Love,
The FXPROFESSOR
let's go parabolic maybe?
FET – Descending Wedge Breakout• FET broke out of the upper trendline of the Wedge.
• Final confirmation is above the previous wick at 0.2544 USD.
• The Wedge’s target is 0.3866.
• I expect a lot more from FET.
• Please read my previous FET Idea for more context.
NFA.
What do you think? Please share in the comments.
Best wishes to all.
Fetch journey massive gains?!!👀 🚀FET today analysis💎FET is exhibiting signs of a potential upward shift. It's currently trading within a channel pattern, creating a series of lower highs and lower lows.
💎We're anticipating a breakout in the upward direction, which could signal a bullish trend.FET is trading in a high-demand area, which further bolsters the potential for an upward move.
💎Another key observation is the impending crossover with the 50-day Exponential Moving Average (EMA). If FET can maintain its momentum at this level, it could potentially alter the market dynamics.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
FET – Possible Reversal PatternTLDR:
• FET is reentering a Falling Wedge pattern. FET is testing the support trendline ATM. If the test is successful, it is a possible long opportunity with a close invalidation and great R: R.
Background:
• Fetch AI is in a correction since February 2023.
• This correction is taking the shape of a Falling Wedge reversal pattern.
• FET was on the cusp of a breakout on June 1st but couldn’t make it (see my previous FET idea).
• On June 10th, FET lost the support trendline, but it reclaimed it shortly after and it is now testing it for support.
• Should the retest be successful it could be an amazing entry with a close invalidation and huge reward.
My Trade Ideas:
1. Long upon a successful retest of the trendline
• Entry: 0.2 USD
• SL: 0.185 USD
• Target: 0.43 USD
• TP: 0.24, 0.31, 0.43. Leave a moon bag.
• R: R: 1:15
2. Long upon a successful break out of the wedge
• Entry: 0.24 USD (break out of the wedge)
• SL: 0.23 USD (approximate number, below the last daily candle)
• Target: 0.43 USD
• TP: 0.31, 0.43. Leave a moon bag.
• R: R: 1:10
NFA.
What do you think? Please share in the comments.
Best wishes to all.