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FETUSDT long Spot TradeFETUSDT Elliott Wave Technical Analysis Mode: Impulse Position: Wave (iv) of (3) Direction: Wave (iv) of (3) is still in play Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point. Next Direction: Wave (V) which will complete the next higher Degrees Wave (3) Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit. Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
FET – Falling Wedge breaks Out to create Bull Flag Please Read my previous FET idea for more context. For now, it looks as if FET broke out of the Falling Wedge, and it is forming a Bull Flag. Falling Wedge target: 0.422 USD Bull Flag Target: 0.31 USD Both targets have confluence with daily resistance level and can serve as TPs. Final confirmation is when FET breaks above 0.2544 USD. You don’t have to wait for 0.25 to take the trade. Trade Idea No.1: Entry: 0.235 USD (approximately, break out of the Bull Flag)/ SL: 0.2040 USD Target: 0.4223 USD TP: 0.31, 0.4223 (leave some on the table) R: R: 1:6 Trade Idea No. 2: Entry: 0.254 SL: 0.2238 (below the Flag’s resistance line) Target: 0.41 TP: 0.31, 0.4223 (leave some on the table) R: R: 1:5.94
Long
by NewThoughtCrypto
FET – Possible Reversal PatternTLDR: • FET is reentering a Falling Wedge pattern. FET is testing the support trendline ATM. If the test is successful, it is a possible long opportunity with a close invalidation and great R: R. Background: • Fetch AI is in a correction since February 2023. • This correction is taking the shape of a Falling Wedge reversal pattern. • FET was on the cusp of a breakout on June 1st but couldn’t make it (see my previous FET idea). • On June 10th, FET lost the support trendline, but it reclaimed it shortly after and it is now testing it for support. • Should the retest be successful it could be an amazing entry with a close invalidation and huge reward. My Trade Ideas: 1. Long upon a successful retest of the trendline • Entry: 0.2 USD • SL: 0.185 USD • Target: 0.43 USD • TP: 0.24, 0.31, 0.43. Leave a moon bag. • R: R: 1:15 2. Long upon a successful break out of the wedge • Entry: 0.24 USD (break out of the wedge) • SL: 0.23 USD (approximate number, below the last daily candle) • Target: 0.43 USD • TP: 0.31, 0.43. Leave a moon bag. • R: R: 1:10 NFA. What do you think? Please share in the comments. Best wishes to all.
Long
by NewThoughtCrypto
Fetch AI (FET) Possible Double Bottom• Lately it seems that the AI narrative is gaining traction again. Fetch could be one of the crypto assets that stands to benefit from said hype. • Fetch has been in a downtrend since February 8th, and it looks like it is forming a double bottom with multiple bullish divergences. • FET’s double bottom neckline is at the 0.285 USD level . Breaching the neckline and testing it as support could be a long trigger. • Although FET’s chart in and on itself seems to support a bullish reversal it is advisable to keep an eye out on Bitcoin. Bitcoin faces resistance at the 28,000 – 28,500. If it can flip the 28K level to support, I think that Fetch is good to go. IMO, most alts, FET included, are not strong enough to disregard Bitcoin and just go up. • Keep an eye on the RSI. IF it breaks out of the channel, it could be an indication that there is momentum behind the move up. My Trade Idea: • Entry: 0.285 • SL: Previous candle low. If you have confidence in Fetch, you can give it more space. Personally, I am not 100% sure about this so I will keep the SL tight. • Targets: 0.31, 0.35, 0.385, 0.43 NFA Feedback will be appreciated. Best wishes to all.
Long
by NewThoughtCrypto
FET/USDTFET/USDT is showing bull flag in multiple (Hourly) timeframes once it breaks the flag and retest it den its a buy. stop-loss = 15% below the average buying price take profits are mentioned in the chart itself. DYOR. NOTE - AI TREND IS STRONG AT THE MOMENT & FETCH.AI IS AN ARTIFICIAL INTELLIGENCE PROJECT. Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money. Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not. Suggestion/Tip 2 - When price is moving on right way "it is always recommended to move stop-loss to profit side". If you like the idea and benefited from it please like , share & comment to keep us motivated.
Long
by EsCApetHEmAtRiCS
1
FET/BTC TRADE SETUP! READY TO PUMP100%Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. Get some FET in BTC pair. Likely to pump. Buy on spot. Accumulate in this range:- $ 0.00000400 to $ 0.00000360 Target:- 100% SL-:$0.00000350 DYOR, Not Financial Advice This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA