FET/BTC getting ready to retest previous high. Bullish!Double bottom formed on the 4H. We have a retest of former resistance line with bullish RSI.
If you havn't entered yet wait for higher low on 15 min or 1H before entering.
TP1: 0.000105
Fetchai
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.
FETCH/ BTCThis is a medium term swing idea.
I am not a financial adviser, this chart is only for educational purposes.
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
$FET - waiting for double bottomFET will soon make a double bottom. From there there is a good chance we will see a bounce to the upper side of the channel. I'll be closing my position there . If breakout happens that will be whole new trade.
FET/BTC: BUY & SELL Crazy Full Setup !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Fetch.AI (FETBTC) New Binance AddFetch.AI (FETBTC) is new so there is no data on the chart.
What you can see here is the support and resistance levels marked. Based on the candlesticks closing, we can know FETBTCs trajectory.
Fetch.AI (FET) Overview
Fetch is a decentralised digital representation of the world in which autonomous software
agents perform useful economic work. This means that they can perform tasks, such as delivering
data or providing services, and are rewarded with a digital currency for their efforts — the Fetch Token.
These agents can be thought of as digital entities: life-forms that are able to make decisions on their own
behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for
example). Fetch's digital world is exposed to agents via its Open Economic Framework (OEF) and is
underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The
ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the
value of the network as it is used. Fetch can be neatly interfaced to existing systems with minimal
effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to
Fetch and watch markets spontaneously form from the bottom up.
What's your take on Fetch.AI?
Where you think is headed next?
What's your opinion about this new cryptocurrency project?
Please share your thoughts in the comments section below.
All information is welcomed.
Namaste.
FET/BTC buy orders setRising wedge is complete, hopefully bouncing on the previous support.
Buy targets can be seen in the green box.
