Support and resistance levelsFetch.AI has reached the support level in the $0.70 to $0.74 range after a downtrend. This strong support level may play a crucial role in stabilizing the price and preventing further decline. However, there are not yet sufficient signs to confirm a trend reversal, and market reaction in this area should be closely monitored.
Support and Resistance Levels:
Support Levels:
$0.74 Level: This is a key support level, with the price currently fluctuating near it.
$0.70 Level: This lower support level may act as a backup if the $0.74 level is broken.
Resistance Levels:
$0.888 Level: This level acts as the first significant resistance, and breaking through it could indicate a return of buyer strength.
$0.948 Level: This higher resistance level, if surpassed, could further strengthen the upward trend.
FET is currently in a support zone that could act as a balance area. However, to confirm a trend reversal and the start of a new upward movement, the price needs to break through the key resistance levels at $0.888 and $0.948.
FET
FET - Bouncing back from the support zoneBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $1.29 and showing overall bullish sentiment. The price has hit the support zone and held strong. We are seeing a clear bounce back from the support, which is a bullish sign and a good opportunity for a long trade.
Entry level: $ 1.303
Stop Loss Level: $ 0.910
TakeProfit 1: $ 1.487
TakeProfit 2: $ 1.644
TakeProfit 3: $ 1.876
TakeProfit 4: $ 2.329
TakeProfit 5: $ 3.336
Max Leverage: 3x
Position Size: 1% of capital
Remember to set your stop loss.
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GreenCrypto
FET inside the descending channel The price of FET is moving in a descending channel and has recently bounced from the channel support and support zone (Green) at $0.784 - $0.830.
If the price break above from the descending channel middle line and $1.159 level.
If the price did not holds the support zone (Green) and the descending channel support we might see the price to the next support zone (Blue) at $0.453 - $0.525.
Alikze »» ROSE | Bullish Flag🔍 Technical analysis: Ascending channel & Bullish Flag
-The 4H frame time is moving in an uptrend channel.
- Currently, given that the channel ceiling is facing sales pressure.
- In a density in the middle of the channel, a upward flag is formed.
- In the event of a green box area, it can touch the specified targets.
🛑 Resistors: 0.134 - 0.146 - 0158
💎Alternative scenario: If the green box cuts the channel floor and can be modified to the range of 0.09766.
🟩 Support: 0.10986 - 0.11597
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#FET/USDT#FET
Our price is moving downward on a 4-hour frame and is rising from the current levels
We have a bounce from the lower border of the channel from the support area at 1.13
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is heading up and supporting it
Entry price is 1.20
The first goal is 1.38
Second goal 1.46
Third goal 1.57
#Fet 1D chartNYSE:FET 1D chart;
The $1,199 level is a strong resistance and it seems to be using it as a balance level.
If there is another possible pullback, it may hit the lower trend line.
It is moving towards a narrowing between the trends and it would not be a surprise if it makes an upward move after the squeeze.
We can consider OB levels as possible resistance zones. Therefore, it may make retracements from here.
FETUSDT Bullish PennantFETUSDT technical analysis update
FET price has formed a pennant pattern on the 4H chart. It's a bullish continuation pattern. Once the price breaks the pennant pattern, we can expect a bullish continuation in FET.
Buy once the price breaks the pennant resistance line.
Stop Loss: 1.40
FET - Risky play, probably fine for long-term holdersFET is one of the more riskier plays here, it could pump but we had a recent death cross on the daily on July 11th. We are close to peak greed, so I'd like to see the fast line hook up to confirm we have room to run. Personally, I'm not setting a SL here because I'm waiting until after the merge to ASI to see how things go but it's never wrong to TP if you made money or have a lighter risk profile.
Fet Preparing To Continue Its Bullish Momentum After Healthy CorSeems Like Crypto Market Has Already Completed Its Healthy Correction And Now Ready For Recovery Like Most Of Coins Showing Bullish Momentum Fet From One Of Them Seems Like Ready For Solid Recovery In Coming Weeks Breaking Falling Wedge In H12 Timeframe Incase Of Successful Breakout Expecting Massive Bullish Rally Towards New Ath
Expecting Move Towards 5$ Incase Of Successful breakout
FET LONG
FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs.
Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.
FET LONG
FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs.
Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.
FET/USDT JUNE - 2024The market correction presents a prime buying opportunity as panic selling sets in. We've been patiently waiting for this moment. FET is now on our radar, with two identified buy zones ready for accumulation!
Remember, this is a spot trade—not a leverage trade. We carefully select and buy our coins in spot, aiming for massive gains without the stress of leverage and the shakeouts happening across the crypto market. While there's potential for further dumps and shakeouts, we're ready to hold our position as long as these two levels hold. However, be prepared for the possibility of losing the last line of support if the situation worsens.
-----------Disclaimer --------------------
This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions.
It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
FET: buy in low📊Analysis by AhmadArz:
🔍Entry: 1.220
🛑Stop Loss: 1.087
🎯Take Profit: 1.345 - 1.468 - 1.756
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