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FETBTC

Cup And Handle on the daily. FETBTCmassive cup on the daily. just a move to the neckline is 69%. Not much history on the chart, has been in a downfall since the listing, until a move upwards and into this bullish pattern that's been forming. Simply playing a breakout, and will be watching this current low (second yellow line) to hold as a higher low. with a bullish move i will push my stop loss up to below the start of the move and keep a tight stop loss considering where we are currently with btc. Spot entry @ 900 sats
Long
by thenextdayiwasfree
Bull Pennant Confirmed FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see what clearly looks to be a Bull Pennant forming . It looks like FET will break upward from this pennant by the end of May . First target area would obviously be the 1550 resistance that we've already hit a couple times . The only question is can we break above that area and close above 1550 . It could take time . But when we do that we will be extremely bullish ! And almost certainly we'll see our 3200/3420 area sometime after that . I'll link my FET targets chart below that shows the targets above us . You can clearly see our April break down to 700 area and our recent break down to low 800s area have clearly formed the bottom edge of our Bull Pennant . This pattern is a Bullish pattern - it's very good for us ! Target is our 1550 resistance area where that green X is on the chart .
by shimmeringpath
4
Bullish Candle Close ! Here We Go ! FET/BTC #FET $FET #FetchAIGreat news for FET ! After that pullback we've finally closed a candle that breaks above our downward trendline . This looks Bullish -and good to continue up. We will be revisiting that 1550 area again it seems . But will we finally break through it ? It will be our 3rd time now to hit that resistance there . Will we break through it this time ? 3rd time's a charm ! Let's see ! After we break through that 1550 area I would expect us to hit 2000 or so and then go towards our Cup & Handle target near 2890 . Weekly resistance is near 3200 sats and our .236 fib is 3420 . Above that is fib targets which I will link in my chart below from March . Notice we hit a TD Sequential 9 in red going donward but that last Number 9 candle is actually turning green as well as breaking above that trendline ! You can see it where the green arrow is pointing on my chart . That's our turnaround candle ! This looks absolutely good to continue up as well as having great fundamentals and a great team at Fetch AI .
by shimmeringpath
2
Bullflag 6 hour FET/BTC #FET #FetchAI $FETHere we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must retake the 1550 area and break above it . ) You see that purple arrow on the chart ? That points at what appears to be a Bull Flag on the 6 hour timeframe . In between those pink lines. It's a bullish pattern that happens after an uptrend and says we should be seeing more uptrend soon .Also notice we are about to have a Golden Cross on our 50 MA (light blue line ) and our 200 MA ( drk blue line .) That light blue line going up and through the dark blue line is a Golden Cross and it is also Bullish . So to sum up we have 2 bullish patterns happening on this chart and I definitely expect upside though I can't say when , but it seems it will happen soon. I'll link my previous FET charts below but we should see a break towards the 1550 area again sometime soon .
by shimmeringpath
8
Moon Targets FET/BTC #FET $FET #FetchAIHere we see our weekly FET chart from Binance . And you can see that colorful Gann Fan indicator on it . You see where that purple X is on the chart ? That's up near the top of the Gann Fan and lines up almost perfectly with the .782 fib line near 11000 sats . That seems like a possible target for early 2022 because it is also brings us to the top of the Gann Fan line. This isn't guaranteed but we are in a bullrun year and FET has already closed above that Cup Handle and looks good for more upside .Soon enough we will be back up to our 1550 area and eventually continue on up. I believe the fibs are our targets here going up. The first fib above us is the .236 fib near 3420 and it will be great to see that area by the end of June ! But let's see . You see our fib above that is the .382 and it lines up almost exactly with the top of that light blue line ! So these Gann fan lines are looking good . Next is the .5 fib near 7077 . Jump above that to the .618 fib and it sits just above another Gann line , so these targets seem pretty strong . Above that is our .786 fib near 11000 . Is that our end target ? For early 2022 ? Maybe but this FET chart looks great ! We also had a Green monthly candle last night and that's good - I think FET will post Green monthly candles for the rest of the year .
by shimmeringpath
4
You can't Break Me FET/BTC #FET #FetchAI $FETHere we see our FET weekly chart and you can see we are clearly in what looks like a Cup and Handle pattern on the higher timeframe. We've had 2 red candles down forming the handle and could have another in our TD Sequential 9 indicator . That's fine . But I expect this to turnaround in May . That target of 2890 still stands as the Cup and Handle target area though it could take a little while to get there . Now yes , we had a pullback into the 700 area . A pullback is expected after something goes 8X in a few months like FET did !! So this is normal . But some traders have gotten nervous or jumped ship and this can definitely be seen as a shakeout . The reason I say "You can't break me" is because of that green line running under our last candle . That's the weekly Ichimoku flag forming and we are inside it and that's bullish . It should act as strong support . So I still think FET will do great this Spring - and also this summer . First it should retake the 1550 area and after breaking through that resistance it should see great upside .
by shimmeringpath
11
Don't Worry,Be Happy FET/BTC #FetchAI #FET $FETHere we see our FET 1 day chart and you can see what appears to be an obvious Cup and Handle pattern .That black line on top shows you the top of our cup. And the dark blue lines coming off the right side show our recent pullback to 800 sat area - and that is the Handle of the Cup . Well, where do we go from here ? Many new traders that have recently come into Crypto are very nervous when they see a big pullback like this ! But the pullback is just part of the pattern. So don't worry ! The Cup and Handle pattern will play out in a bullish way from here-as after the Handle is completed it will break upwards again. And the level it breaks up should be about equal to the depth of the Cup from top to bottom ( as you can see with the pink lines . ) So it seems that this could break up to the 2890 sat area - or somewhere close to it . I can't guarantee it hits there exactly but it seems to be a target . Of course , we should first retake our 1550 high area again - and then push over 2000 sats . Then perhaps on to 2890 though this doesn't necessarily happen in one straight line! There are always a few ups and downs along the way . But FET is still a very bullish chart . I'll link my previous Cup and Handle chart from January below as I've been saying this for months ! FET looks good .
by shimmeringpath
5
Please Be Calm FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
by shimmeringpath
Jiffy Pop FET/BTC #FetchAI #FET $FETHere we see our FET 6 hour chart and you can see we had quite a pullback since FET wicked over 1500 sats a few days ago - we even went to low 1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red , so expect this to pop back up at some point soon ( though it can always consolidate a bit longer . ) If you are a new trader please understand that no coin goes up in a straight line . There are always pullbacks along the way . So don't panic ! This is normal and FET is still very bullish to go up . There's a strong weekly resistance above us near 3200 which seems like an obvious target . Other targets are fibs which I will link in chart below .
by shimmeringpath
2
Whales Will Play FET/BTC #FetchAI #FET $FETHere we see our FET hourly chart and you can see we had a big pullback earlier today ! We hit up over 1500 sats (as I predicted several times ) coming close to our high from last summer - and then dumped hard to low 1200s area . Many think there are market makers on this FET chart but might I suggest there could be a school of whales playing in this water !! Looks like we will hit a TD Sequential 9 on the downside here in an hour and possibly see some turnaround . I still think the weekly resistance near 3200 sats is the target above us - though I can't predict how long it takes. Right above that is the .236 fib near 3420 - also a probable target above us . I'll post the other price targets above that in the linked chart below . I'm still bullish on FET for April and beyond . I think this pullback is just a shakeout .
by shimmeringpath
Parabolic Moves ! FET/BTC #FET #FetchAI $FET Here we see our FET 3 day chart and as you see we broke out last night ! Coming very close , as expected, to our high from last Summer near 1550 .With Mainnet coming in 3 days we seem to be entering into a Parabolic upward movement here .You see where the green arrow is on the chart ? That shows an obvious Kumo Twist on our Ichimoku Cloud - ( also known as a Kumo Breakout ) and it's very Bullish ! . We are also about to have a Golden Cross happen with our light blue 50 MA going to cross up and through our dark blue 200 MA . Next target above us is 3200 - 3420 area ,which is near strong resistance and our .236 fib. I'll link the fib targets in my other chart below . This looks great , extremely bullish chart . Now there can always be some pullback along the way as well as consolidation - I'm not saying we go to 3200 and above tomorrow - but it is definitely looking good for April and beyond !
by shimmeringpath