Fetch.AI About To Move, Looks Like Very Soon...We looked at FETBTC in the past and our charts/trades came out very successful... I just looked at Fetch.AI recently on Jan-13, this chart is getting ready to move.
The chart changed compared to the one I published recently but the setup is the same. We have a higher low and a retrace that is reaching its end.
The first move will be strong, we will see around 20-40% in one or two candles and then we let it develop, but I believe there will be bouts of strong growth followed by long periods of retrace/correction before another strong/sudden move, it is all done to catch people off guard.
Anyways, this one looks pretty bullish to me and might move soon... Keep an eye out. Thanks for your support.
Namaste.
FETBTC
$FET, Retesting ~460 sats support...$FET
Retesting ~460 sats support as it broke from descending trendline on the 1D
Looking for a bounce signals from this level, as UCTS is starting to turn green on LTF
Volume is low for now but starting to rise
If happens, massive room with 1st target at ~600sats (30%)
#FET
Fetch.AI Breaks Falling Wedge | Bullish View Mapped + TargetsFetch.AI (FETBTC) just broke out of a falling wedge and is now trading above EMA10... We are looking at the bullish scenario here.
Prices for FETBTC peaked in early December, a strong correction followed and after a higher low the 0.786 Fib. retracement support for the last bullish wave has been conquered.
Now let's take a look a the MACD:
Here we have a bullish cross and the histogram now going green.
The RSI is also trending up:
Conditions for change
The above signals look pretty good but there isn't enough volume... Charts are always changing and all scenarios remain possible at all times. If prices for FETBTC go lower and close below 0.00000430, the above bullish scenario becomes invalid and a new analysis is needed. Going below the above level would turn this chart bearish.
Thanks a lot for reading.
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Namaste.
FETBTC Technical Analysis Overview ( Bullish broke out )FET/BTC Technical Analysis:
FET/BTC now Current price is 504 Satoshi.
And now Falling wedge Broke out also done.
We can see in Chart Broke out also confirmed with Good volume.
Support Level: 456-475 Satoshi Strong Support
and 407 Satoshi is All Time Support and Also we can say Last support.
If this also break then we can see free fall till 200-300 Satoshi.
Resistance: 600 Satoshi / 716 Satoshi.
Targets: 600/716 Satoshi is our initial Targets.
If Bitcoin will stable then 807 Satoshi is our last Target.
Why buy..? Technically also looking very good and bullish Brokeout Falling wedge.
Note: Not financial Advice.
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FET/BTC Bullish pattern show's a cup and handle formation?FET back to our level of dynamic support plus holding the trendline support at 485 sats we want to see FET going to breaks this
resistance trendline once FET breaks this trendline expect the price will make a new higher high this will be our signs to confirm that the trend will change to a bullish channel
we will keep an eye of FET and I will update this post every time I see some progress regarding FET/BTC pair. I'm very bullish for FET/BTC at this moment. Good luck for those who are going to trade FET/BTC Happy Trading everyone Stay safe!
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FET/BTC TIRED OF BLEEDING OUTFETCH.AI has retested the swing low standing at the 470 sats area.
4H CHART
Trying to break out of the falling wedge.
Volume is increasing.
RSI bullish.
RSI Barcolor showing that we're oversold.
Would love to see how this develops.
This is not a financial advice. Please like & follow for further gems.
50% move for FETCH.AIPrice action has formed a falling wedge with a steep angle. once prices breakout of the wedge formation the measured move puts a profit target at 720sats which is about a 50% rise . i have also highlighted potential resistances as price ascend
This trade invalidates if prices break below 430sats
FETBTC forming bullish Shark | Upto 168% move aheadPriceline of World's 117th ranked cryptocurrency out of more than 2300 cryptocurrencies Fetch.ai (FET) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of FET price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.886 to 1.13 Fibonacci for a perfect bullish Shark and then the price action will be entered in potential reversal zone of this bullish Shark pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00000431 to 0.00000305 sats
Sell between: 0.00000555 to 0.00000820 sats
So this trade has potential to produce upto 168% massive bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
FET/BTC TA Update (Testing Key Fib Support)FET/BTC
FET has failed to hold the golden Fib level at 600 sats areas and now the price is testing the key support between 500 sats regions or the last Fib 0.786.
If FET can't get above this downward trend-line of support in the coming days, I expect 1 more leg down to retest the Swing Low at 470 sats area
before re attempting to break the down-line resistance or potentially change the trend.
FET/BTC ANALYSISFET/BTC
FET topped out as is recently hit the daily resistance block and 200 MA. There was a strong rejection and the retrace is bringing FET back down towards support. On the bright side, FET is in a falling wedge that SHOULD end right near the support zone. This is prime for a long position entry and push OUTSIDE of the wedge back up towards T1 at 600 sats. Followed shortly after are the previous highs at T2 of 660 sats. Lastly, the 200 MA at 740 sats is the final exit point. Last time FET hit 200 MA there was a strong rejection, im expecting the same until a major bull market comes into play. Exit accordingly, and also wait for the prime entry.
Possible Entries: 470-520 sats
FET/BTC TA Update (Bounce at key Support?)FET/BTC
FET is on a deep pullback after breaking support at 650 sats area. The price has reached important key support and golden Fib 0.618. Can we expect a bounce from this key zone?
If only FET can maintain this level for at least 48 hours, there will be a high probability of a pump will occur because the bears have failed to bring the price lower.
FET/BTC dancing between fibs Last days/weeks we can see FET price moving between horizontal levels, if we measure last bigger move, we can see that price accumulating between fibs. if this will play once again, we can scalp on this altcoin 10-20% with SL around 5% down.
Also RSI on H1 tf looking bullish.