#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
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#PEACE
FETBTC
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
FET/BTC (Retest Previous Key Support)💎Technical Analysis Summary💎
BINANCE: FETBTC
-After the recent small run-up, Fetch.AI is back at previous key support
-The big question we have is, will this support hold again?
-Tough to answer this one right now so we need to be careful
-My advice is to wait for a few days until it forms a base of support
-And zome in on 4H timeframe to look for early buy entry
A big Thanks for donating 💰 via Tradingview coins this week to seba26-77 🙏🎉
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FETBTC - C&H Weekly + Forming C&H 4H - 40% TargetI'm bullish for reasons:
1. Weekly Cup & Handle
2. Weekly HK Doji signs of reversal
3. Price breaks the 0.5 RED resistance and hopefully will hold as support
4. Bullish Divergence already played out (inside vertical lines)
5. S&R Flip (resistance becomes support to hold the Handle in the Cup
Buy Area @ 0.382, 0.5, 0.618 RED Fib
Stop below 0.618 BLUE Fib
Targets @ 0.236, 0.382, 0.5, 0.618 RED FibEx
Fetch.AI (FET) Support Confirmed, Bullish, Next Target MappedFETBTC looks very similar to the ANKRBTC chart we shared recently.
Prices found support at the MA200 black line.
A strong bounce is taking place and we see resistance after resistance in the form of EMAs being conquered.
We also have a falling wedge breakout and bullish indicators, MACD and RSI.
All these are bullish signals that tell us that this altcoin pair can continue to grow.
NOTE: If prices were to drop, the main support is now at 0.00000453.
Moving below this level would invalidate the above signals.
Remember that it is recommended/necessary for good results when you trade, to have a plan/strategy in place before buying any pair.
This is not financial advice.
Namaste.