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Fetusd

#FETUSD 1 DAYFETUSD 1-Day Chart Analysis: Buy Opportunity on Downtrend Breakout Overview: The FETUSD pair is currently showing signs of a potential bullish reversal after breaking out of a significant downtrend. This presents an attractive buy opportunity for traders looking to capitalize on the upcoming price movement. Technical Analysis: Downtrend Breakout: The recent price action indicates a clear breakout above the resistance level that defined the downtrend. This breakout suggests a shift in market sentiment, potentially leading to upward momentum. Volume Confirmation: Accompanying the breakout, we observe an increase in trading volume, which adds validity to the move and indicates strong buying interest. Support Levels: Key support levels have formed below the current price, providing a safety net for buyers. A pullback to these levels could offer an even better entry point. Market Sentiment: The overall market sentiment appears to be turning bullish, driven by positive developments and increased interest in FET. As traders reassess their positions, this could lead to further upward pressure on the price. Action Plan: Entry Point: Consider entering on the breakout confirmation or on a pullback to support. Target Price: Set profit targets based on recent resistance levels, and monitor for any potential price rejections. Stop Loss: Implement a stop-loss order below the breakout level to manage risk effectively. Conclusion: The FETUSD pair presents a promising buy opportunity following a downtrend breakout. Traders should stay vigilant and ready to act as momentum builds in the coming sessions.
BINANCE:FETUSDLong
by PIPSFIGHTER
FETUSD signaling to +600% gains in early 2025.Fetch.AI (FETUSD) has been trading within a (dotted) Channel Up since the November 21 2022 bottom of the Inflation Crisis and the recent August 05 Low touched and rebounded exactly on the 1W MA100 (green trend-line). Technically, that was the Head of an Inverse Head and Shoulders (IH&S) pattern, which is typically a formation seen on market bottom reversals. Given the fact that it was also on the bottom (Higher Lows trend-line) of the 2-year Channel Up, there are high chances of a new Bullish Leg. A 1W MACD Bullish Cross (which is very close to emerge) will confirm that signal. Since 2019 and the start of FET's trading, a 1W MACD Bullish Cross has delivered strong rallies in 6 out of 8 times. Considering also the fact that since the March 09 2020 bottom, the multi-year pattern is a (blue) Channel Up, there are currently much higher chances for a new rally than not. The first Bullish Leg of the blue Channel Up (2020/21) peaked at more than +15660% and above the 1.5 Fibonacci extension. Assuming that the pattern is to print another such rise (+15660%) from the November 2022 bottom, then we should be expecting a Q1 2025 Target at around 8.9500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FETUSDLong
by TradingShot
Fetch.AI Symmetrical Triangle SetupFET has formed a symmetrical triangle on higher time frames, indicating that a breakout is coming and which will help us understand whether bears or bulls will dominate in the near future. The price is reacting to the weekly SMMA and due to the confluence with some previous supports, the $0.80 level is very strong and can support the price, the RSI is also in the oversold region. If the price breaks the triangle to the upside with confirmation, I will open a long trade, I think this is the most likely scenario, with the first target at $1.48. However, be prepared for both scenarios, because if the price breaks the triangle downwards, it is because the downtrend is still strong and it will be a bearish setup.
Long
by The_Trading_Wizard_
1
FET Rebuy Zone, More Than 90% Profit Is ComingIt looks like the FET is inside a large diametric that we are now in the middle of the F wave of this diametric. We have a supply range on the chart, which is the place of sell/short positions. Also, the green range is a strong demand that the F wave of our diametric can end on this range. Closing a daily candle above the red range or below the green range will violate the downward or upward movements of this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
Fetch A.I. nearing the top trendline of its falling wedgeNot sure how long it will take it to break upward from this wedge so the measured move line and breakout target is currently placed in an arbitrary location that will obviously need adjusted to wherever it legitimately breaks up from. Not exactly sure how this chart will be effected by the merger of fetch, singularity nd the other ai chain merge. Wil have to wait and see. Will update this chart whenever we get a legitimate breakout. *not financial advice*
COINBASE:FETUSD
by DrDovetail
3
FET - Bouncing back from the support zoneBINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $1.29 and showing overall bullish sentiment. The price has hit the support zone and held strong. We are seeing a clear bounce back from the support, which is a bullish sign and a good opportunity for a long trade. Entry level: $ 1.303 Stop Loss Level: $ 0.910 TakeProfit 1: $ 1.487 TakeProfit 2: $ 1.644 TakeProfit 3: $ 1.876 TakeProfit 4: $ 2.329 TakeProfit 5: $ 3.336 Max Leverage: 3x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades