$FETUSDT Heating Up for a Major Breakout!BINANCE:FETUSDT recently experienced an unsuccessful breakout from an inverse head and shoulders pattern, followed by a consolidation phase. Now, it’s forming a bullish channel and showing signs of strength, indicating that a significant upward move may be on the horizon.
As always, remember to use a stop loss and invest only a small portion of your capital to manage risk effectively.
BINANCE:FETUSDT Currently trading at $1.29
Buy level: Above $1.27
Stop loss: Below $1.05
TP1: $1.5
TP2: $1.75
TP3: $2.5
TP4: $3.5
Max Leverage 3x
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Fetusdidea
#Fet 1D chartNYSE:FET 1D chart;
The $1,199 level is a strong resistance and it seems to be using it as a balance level.
If there is another possible pullback, it may hit the lower trend line.
It is moving towards a narrowing between the trends and it would not be a surprise if it makes an upward move after the squeeze.
We can consider OB levels as possible resistance zones. Therefore, it may make retracements from here.
#FET/USDT to $4 soon! Altcoin List Update!!#FET, recognized as one of the strongest AI coins, has solidified its position in the market.
With its innovative technology and strong community support, FET has become a standout performer.
I've personally recommended the community several times to get into FET last year where it has shown remarkable growth, up 10x.
Holding onto such strong projects is key in crypto.
Currently, the chart hints at a potential 100% rally in the next 4-6 weeks, making it a potentially safe investment, in my humble opinion.
Remember, always conduct your own research; this isn't financial advice.
Stay tuned for my upcoming list of Altcoins. I am preparing a list of Alts that can give you 5x to even 50x returns, a balanced list of low-cap, mid-cap high-cap and Gem projects.
Hit the like button and follow for updates.
#PEACE
FETUSD IdeasRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
FET is trying to breakout !FET / USDT
As per our last BTC update I advised u not to over trading in these days .. you can see in this chart multiple fakouts occured With 2 main events of stoploss hunt of both long and short
Now all eyes on current attempt of breakout
Incase of successful breakout we can see very strong bullish wave on FET (the leader of AI coins )
FETUSDT.1DBased on the provided market data, the currency FETUSDT appears to be in an overall bullish trend.
On a 4-hour timeframe, the Relative Strength Index (RSI) is at 72.54, which is above the typical overbought threshold of 70, suggesting that the asset may be overpriced and could experience a price correction. The Moving Average Convergence Divergence (MACD) is at 0.0271, which is positive, indicating the short-term momentum is greater than the long-term momentum and thus supports the bullish trend. The Bollinger Band (BB) is at 0.7801, which is above the current price, suggesting that the price is in the lower range, and there might be a potential for price increase.
On a daily timeframe, the RSI is at 75.12, which is also above the overbought level, indicating a potentially overpriced asset. The MACD is at 0.06040, which is positive and supports the bullish trend. The BB is at 0.7574, which is slightly below the current price, indicating the price is in the upper range and there might be a slight decrease.
On a 7-day timeframe, the RSI is at 85.65, which is significantly above the overbought level, suggesting the asset is highly overpriced and a price correction is quite probable. The MACD is at 0.097, which is positive, indicating a bullish trend. The BB is at 0.7609, which is slightly above the current price, suggesting the price is in the lower range and there might be an increase.
Overall, the asset appears to be in a bullish trend but also seems to be overbought, which could lead to a price correction. Therefore, it could be a good idea to wait for a potential price drop before entering a long position. However, this analysis is based on historical data and does not guarantee future performance. It's always recommended to consider other market factors and your risk tolerance before making an investment decision.
Continuing the upward trend(FET)❤️❤️Thanks for boosting 🚀 and supporting us!
📈For less risk, you can enter failure confirmation and pullback and hit the trend line.
📊 (Buy) : 0.5906
🔴 Stop Loss : 0.5234
🎯 Take Profit : 0.7028 - 0.8328
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
FETUSDT - Trend breakoutFETUSDT (4h Chart) Technical analysis
FETUSDT (4h Chart) Currently trading at $0.22
Buy level: Above $0.219
Stop loss: Below $0.198
TP1: $0.228
TP2: $0.24
TP3: $0.262
TP4: $0.3
Max Leverage 3x
Always keep Stop loss
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📉FETCH.AI --> 0.17$ then 0.25$ 📈BINANCE:FETUSDT
COINBASE:FETUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes above the weekly Bollinger midline, the short scenario won't be fulfilled.
targets are on the chart.
Optimum stop-loss is above the 0.16 level.
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