Fetch.ai (FET) 5% Gain to ATH, Expect $1 FET Soon!Fetch.ai (FET) 5% Gain to ATH, Expect $1 FET Soon!
Fetch AI (FET) has been in a very strong bullish continuation pattern since the Fast and Slow moving average crossover. We can expect a NEW ATH at the 127.20% Fib level @ $1.10. Fetch has been in a bullish continuation pattern since 24/07/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch broke above the 38.20% fibs with a 115% gain from the buy signal from our script from the 24th July to 11 August. From this bullish momentum from the 24th July, FET has shown little to no selling pressure retracing on every bullish move up down to the 78.60% Fibonacci level showing us weak retracements as traders take profit, but we are still in a very bullish sentiment and the Bulls are very much still in control.Happy Trading $FET #LongFet
Key Notes on Fetch AI:
Fetch.AI (FET) is a combination of Blockchain and artificial intelligence (AI), an ambitious project aimed at creating a fully automated economy based on autonomous “authorized agents.” Artificial intelligence and online agents will be used to perform various tasks that can simply be done by booking a hotel. Or more complex tasks such as weather modelling or supply chain design effectively.
Benefits:
Through its 3-layer structure, Fetch.ai proved superior to other protocols with the following advantages:
The elements (people, hardware, services, …) inside Fetch.ai can operate separately and in parallel with each other but can be quickly connected.
Fetch.ai simplifies the deployment of algorithms, IoT and complex systems. By using the AI / ML architecture, it allows software devices and agents to find each other, learn from each other and exchange value with each other, enhance and optimize solutions for Daily problems through intelligent connectivity, ML and AI.
Applicable in many fields, from transportation to tourism , even heavy industries (like steelmaking) can use the Fetch.ai protocol to improve performance and productivity.
As a platform that combines technologies that are considered to be the “future”: blockchain, Machine Learning (ML), artificial intelligence (AI).
