Repeating yourself FET?It is interesting to note how different various coins are in their price patterns. Likewise, it is interesting to note how similarly one coin can behave. I noticed Fetch.AI is repeating the bullish price action from July-August last year. Is it really repeating the price action all the way to the parabolic rise and blow-off top? If so, one should be prepared for a serious retracement after the top is reached. Let’s see how high that will be.
Meanwhile, let the good times roll! 🎶
Trade safe and take care
Whoop
Fetchai
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.
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 .
✳️Fetch.AI/USDT (3/12) View + Trading Plan #FET $FETAfter a successful retest of the 0.05$ zone, FET is heading to 0.06$ zone to find a chance to break out of this resistance zone to continue its uptrend to the 0.08$ and 0.11$ zones.
But if FET loses 0.05$ zone, it will fall sharply and the zones to stop FET are 0.04$ zone and 0.03$ zone. And there is a little chance that FET will fall to 0.02$ zone so be careful.
📈BUY- LONG
-Buy: 0.0475-0.05$.SL if B
-Buy: 0.057-0.06$ if A.SL if B
📉SELL-SHORT
-Sell: 0.08-0.084$ if B.SL if A
-Sell: 0.11-0.115$ if B.SL if A
♻️BACK-UP
-Sell: 0.0475-0.05$ if B.SL if A
-Buy: 0.04-0.042$ if A.SL if B
-Sell: 0.04-0.042$ if B.SL if A
-Buy: 0.03-0.0315$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
$FETUSDT - Long above 0.5700Hello everyone!
FETUSD is testing an important resistance and is inside a triangle. Hence I'm thinking that it will break the resistance soon enough and will test the upper edge of the triangle.
Take a closer look to Moving averages, both 100 and 200 touch an important candles, that boosted today's uptrend.
Good luck!
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.
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.
FETUSDT AnalysisBoth EngineeringRobo and I are bearish about FET at the moment.
If you are holding FET, you should sell right away.
Buying is not recommended right now, though future buys can be placed with EngineeringRobo Buy signals or you can buy at 0.033 or 0.009 support levels
At whatever point you decide to trade, watch EngineeringRobo signals carefully. If you want to use EngineeringRobo, DM me!