Adam & Eve Bottom on FET/BTC #Fet $FET #FetchAIYou can see we have developed what appears to be an Adam & Eve Bottom on our FET chart . What's an Adam & Eve Bottom you might ask? Let's look at our 12 hour chart and see! Our first bottom happened about a month ago with that sharp V formation you see with the red V . Many of us thought it was gonna be an Inverse Head & Shoulders pattern but Crypto can change quickly ! Not all patterns play out . But you can clearly see we've made another more rounded Bottom now at the same sat range . This is the Eve Bottom you see on the chart with the curved blue line under it. This is a Bullish pattern and I expect upside here. There is a Neckline area you can see on the chart in the 1200 area and this is an obvious target ( though there will be steps along the way ) , and will also take us up through the Ichimoku cloud ( and that's Bullish too . ) So an Adam & Eve Bottom will be a pattern involving a first V shaped bottom followed ( probably a month later ) by a more rounded bottom in the very near same price area but with a neckline rise in-between . The distance from the neckline to the bottom is how much you add on top of the neckline to get a target . And again we see a probable target area in the 1900 sat area . I would love to see that happen . Maybe by end of July we see this beautiful upward rise ! Let's see . Wishing all the best to the FET Community !
FET
Golden Cross & Kumo Twist FET/BTC #FET $FET #FetchAIHere we see our FET daily chart with that beautiful pump from yesterday . The neckline ( in red ) of our Adam & Eve Bottom has been hit and once we can consolidate for further upside we should hit that 1900 area which was the target of the Adam & Eve bottom. But also notice there are some other bullish indicators right now on this chart . We have a small Golden Cross happening with our light blue 50 MA line crossing up through our dark blue 200 MA line - and that should happen later today.And we had a Kumo twist on our Ichimoku cloud which has now gone from red to green. Everything is looking great with this chart ! I'll do an updated Gann Fan chart for FET very soon . Because FET has really been respecting it !
My Adam & Eve bottoms idea is linked below . Thank you !
🔥 FET Long-Term Opportunity: Bullish ChannelSince the corona sell-off over a year ago, FET has been trading inside a bullish channel, bouncing off either trend line over 2 times now.
With BTC's regained confidence and bullishness, it might be time to consider entering long-term trades again.
One of the tokens on my list is FET, because of the aforementioned reasons. At the moment, I'm eyeballing the green entry area for a potential buy into the market and keeping it till at least the end of the year.
On the other hand, if a bullish break out from BTC occurs, FET will naturally follow. A daily close above 0.43 would be a nice start to start looking for entries since we can assume that we're going to see a new bullish move soon.
Long-term target would be $2. Might be a stretch, but if we get another move like we've seen earlier this year it's definetely possible.
Happy trading!
FET retest on the 4hr, finally broke trend line placed since MayAs long as BTC keeps bussin ,FET along with almost every other alt coin will blow as well. But Fet lookin good right now, but so does every other alt right now to be honest. But Fet making perfect text book TA, finally broke trend and retested (though only on the 4hr). We shall wait and see but fet seems like a long term hodl to keep in a ledger in my opinion. Buy and never look back.
FETCH analysis FETUSDAn idea for Fetch.ai
Scenario one suggests continuation of the uptrend channel even though the price is below the 200MA which is the differentiating factor between the last two moves up after Fibonacci transition
I find the scenario the optimistic one, and the bull one I am rooting for
Scenario two suggests 3.618 of the uptrend, acts as resistance, along with the 200MA, rejecting the price and forming a subtle double top (orange oval)
This is the bear scenario
When scouting for projects like this don't look for small trades like this, look for long term potential. And projects you want to be surrounded by. This is simply just an observation and to give a kick for the bulls and bears, whichever you favor for the coin (I assume mostly bulls)
FET - BTC$FET looking strong on the daily chart. Even in current dump of #BTC it hold up well. Still bouncing of the falling trendline, but also bouncing on that strong support level (yellow dashed line). As always it can co both ways, but it has high chance of going up instead of down. Currently bounced of trend again, so possible little retrace to 740/750, before moving up towards June fib 618 which is round 780. Break through there is good.
FETFET appears to have completed a V complex correction off the 5ws up into May 2021, with BTCD getting momo into 4H I would like to see the reaction here. The massive triangle looks bullish to me and since my bias is that alts have bottomed (or bottoming) I think Fet will likely chop around this weekend while USA Stock Markets are closed. Then rseume uptrend to finally break the top TL and start another impulive 5 waves up. Lets watch
FETUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. We are moving in an uptrend. We saw a bullish pattern on the floor that raises the price. We drew a green line. If the price penetrates below this line, we can say that we are out of the uptrend. But as long as the price is above that line, we can see the price increase.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Fetch.ai (FET) July-7 #FET $FETThe FET is heading towards the $0.35 zone, which is a strong resistance but I think the FET will rise sharply and quickly break through this zone to the $0.50 zone in the next few days. We will try to accumulate a lot of FETs in the 2 zones of $0.28 and $0.25. However, if the FET loses the $0.25 zone, the $0.2 zone is still very reliable to buy in
📈BUY
🔴Buy : 0.275-0.285$
🔴Buy : 0.245-0.255$. SL if B
📉SELL
🔴Sell : 0.34-0.36$. SL if A
🔴Sell : 0.485-0.515$. SL if A
♻️BACK-UP
🔵Sell : 0.245-0.255$ if B. SL if A
🔵Buy : 0.195-0.205$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone