FETBTC
FET exit scam (read description)ok guys so this is not a TA. im publishing this just to share my opinion about this shitcoin.
Remember when XVG developers said they will announce the biggest partnership in crypto history? and it turn out to be just a useless partnership with adult websites? This is the same. In FETCH telegram group admins kept saying they will announce BIG NEWS this week. Lets take a look at those BIG NEWS:
1- Kucoin listing. Kucoin is not a shit exchange but its a minor one. Currently #70 on CMC.
2- 1 week of hard work (so they say) and all they did was releasing a useless wallet. Isn't this an ERC-20 token? If i already have my own ether wallet why i would need to use your useless software to keep my tokens in?
And the most important thing to take a look at this project is the lie in the white paper. As they say, those private sale tokens should be locked for 3 months. But they are being distributed right now (telegram group admin confirmed) and getting dumped by investors every day.
If you dont want to get BOGGED, dont buy this coin. But this is just my opinion and not a financial advice. DYOR
Fet analysis Fet analysis update
We can buy some of fet from from the current price to 6812~6994 and the target is
7930~8800~10015~10863~11672
Second analysis for fet that show we can rise from the lower trend to the given target and make the stop loss Break the lower trend and close below it
Third analysis for fet that shown now form an inverse head and shoulders and now in the formation of the head level
FET Descending WedgeFET was just released and has been extremely volatile. It's currently moving in a descending wedge, some sort of action should occur, could be up or down.
We just hit a short term double bottom at 8000 sat and also the bottom of the wedge, I'd buy in now at 8000-8100 sat and put a stop loss at 7900 sat. Low risk, high reward.
This is not financial advice. Proceed at your own discretion.
Playing Fetch For a 24-40%+ Reversal Swing Trade - Falling wedge structure with a 261.8% downside support.
- Hourly and 4 hour are showing Bullish Divergence
- Double bottom on price structure with a small breakout and retest of the falling wedge resistance turned support.
- Higher risk trade due to newer listing.
This time we took a position in FET/BTC! Hello crypto traders,
We are back with an update on Fetchai! Our stoploss got hit on Saturday so we concluded that something was wrong with our idea. We decided to wait until we saw better opportunities. We really think that this is the moment of truth for Fetchai!
This crypto asset declined eventually in a nice ABC zigzag pattern. It's pretty common that a second wave/B-wave retraces 78.6%/85.4% from wave one/A-wave. So that's the case here.
Another good indicator is that we can see Bullish divergence which means that we will see a bounce in the near future (if it holds ofc).
Breaking below 0.00008288 BTC would be problematic for the long term because wave 2 can't retrace more than 100% of wave 1! So keep an eye on that!
ENTER: 0.00008899 FET/BTC
STOP: 0.00008288 FET/BTC