Fetch.AI (FET) Descending Channel Broken (Breakout)FETBTC (Fetch.ai) is another altcoin pair that is looking to profit/grow on this Bitcoin retrace...
We have a descending channel broken.
A volume breakout.
A very strong RSI.
Prices trading above EMA21 and EMA10.
EMA50 also being challenged today.
Strong bullish action taking place in the past three days is another bullish signal.
Closing below EMA50, 0.00000230, can send prices lower before more up.
Closing above this level can send FETBTC flying straight up.
Namaste.
FETBTC
Big Cup Of FET/BTC #Fetchai $FET #fet #cryptoHere we see our Binance FET weekly chart . It appears to be forming a massive cup structure . That would take us back up to the .706 fib near
9900 sats to form the top of the cup . A handle would form after that possibly taking us much higher.This obviuosly would not be happening until the later part of the year to reach these upper levels - but in a bullrun year it is very possible to get there . Also ETH is close to reaching its' previous All Time High of $1400 approx . So other coins may also revisit their All Time Highs , since ETH leads the way . FET All Time High was
above 14000 sats . That would be great ! Also it appears we are Blue Skies above 3250 on the weekly chart as that is our last resistance there . This looks good .
#FET/BTC Broke out! 95% Potential Profit Trade setup.FET BTC just broke out of the 21D MA and also the local trendline resistance.It bounced exactly from the bottom.
Expecting it to break the black trendline resistance and eventually go for a potential 95% rally.
ENTRY: 265 to 274
If somehow we get to see a dip we will buy back more putting a Stop Loss around 243.
TAREGTS:
324
356
411
439
490
512
SL : 243
If you like this setup please hit the like button and share your views in the comment section.
#PEACE
FET/BTC 4h (Binance Spot)Descending triangle breakout & pullbackFetch is looking ready for next move up, again.
Current Price= 0.00000287
Buy Entry= 0.00000287 - 0.00000279
Take Profit= 0.00000319 | 0.00000341 | 0.00000378
Stop Loss= 0.0000259
Risk/Reward= 1:1.5 | 1:2.42 | 1:3.96
Expected Profit= +12.72% | +20.49% | +33.57%
Possible Loss= -8.48%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 240h
Fetch.AI Now Above EMA200, 50% Target MappedFeatch.AI is now above EMA200 on the 4H timeframe, this with increasing volume... Notice the volume bars at the bottom of the chart.
I am looking at this "short-term", which means that the move that I am mapping here can happen fairly quickly if there is a bullish follow-up, in a matter of days.
This is just a prediction, of course, this doesn't mean that it will necessarily take place but the signals are pointing to FETBTC moving up next.
Thanks a lot for your support.
Namaste.
Fetch.AI (FET) Looking At A Different Type Of SetupOk, we looked at MTHBTC and the higher low chart setup... It ends up with prices moving higher but this one is different... Let's have a look.
For FETBTC we have a falling wedge but there is no low followed by a higher low...
Instead, we see prices first printing a strong decline, and little by little they start to curve.
When we look at the end of the falling wedge, 5th November, same date, prices completely stop the drop...
Now it starts to go sideways; consolidation...
What's comes next? ...
The prices jump.
Let's continue with the signals...
As prices go flat we see a break first of EMA10.
We also get increasing volume and the RSI moves ahead.
Slowly but surely as time goes on, FETBTC will go bullish and grow.
This is me just reading the chart...
Trading would be a completely different game and here is how it goes.
The last low is your stop-loss and the resistance levels above it can be your targets to collect profits... That's all.
Can you see how simple this is?
Yes o no?
Share your thoughts in the comments section below.
Namaste.
FET/BTC Accumulation Zone!Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
When taking a look at FET/BTC on the 4 hr TF, we see it trading in a parallel channel after it's long decent. This channel is also a temporary accumulation zone before another big move. It's currently trading at the top of the channel and can easily break through and begin the blast off or it can continue to trade in this zone. If going long, the area of value will be towards the bottom of the channel. Manage your risk and trade with a tight stop to minimize loss.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win