Fetch.ai (FET) formed bullish Shark for upto 46.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Fetch.ai (FET) with US Dollar pair.
Previously we caught more than 46% pump as below:
Now on a 4-hr time frame, FET has formed a bullish Shark move for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FETUSDT
FETUSDT SHORT POSITION FET has been outperforming BTC these past couple of weeks. If we do see the AI narrative take over in 2023, then we will see this as one of the best performing ALTS in 2023. We currently tapped a resistance around - 0.4900 if we do break this level then I see 0.60 cents and 0.70 as our next big resistance levels.
Not Financial Advice.
Just My opinion. Goodluck.
Candlesticks are in a spike phaseFET has registered more than 22% price growth in the past day. Strong buyers did not react negatively to the resistance of the $0.2116 range, and this level has now turned into support. Another resistance in the $0.380 to $0.405 can be the next target for buyers. The price is still in the overbought range in the daily timeframe, and the negative divergence is not observed. On the other hand, Candlesticks are in a spike phase, and this upward movement has slowed down. But the high power of buyers is still observed. Therefore, the levels you see on the chart can be the formation area of a range trend in the future.
FET Towards $0.3400Looking at the daily chart of FET/USDT, the FET price was swinging from $0.08231 to $0.1683 within the past 30 days after going to its lowest of the month at $0.08231. Bouncing back from the support level, FET seem to aim towards to the previous order block at $0.31. If FET is able to break out of the order block and rises higher, we can expect FET to reach $0.3400.
Meanwhile, our long-term FET price prediction for 2023 is bullish if it cannot break the support level. We can expect FET to reach $0.5 this year.
FET/USDT Chart Hi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
In the past week AI coins have been performing very well but how high can they go? For me it can take a while until these coin 5X or 10X, for now its just a money grab and a mid term play. The coins have a lot of potential, but for me there will be better entries. FET has a great run, but I think I am finally confident on shorting these one. The market of the coin is overvalued and the coin will go below the 0.19$ area. We can also spot a bearish divergence in the 4H chart. This is NFA.
Good luck in your trades!
✴️ Fetch.AI | BULLS ConfirmedI initially shared this pair 8-December... All targets have been hit and beyond (See below)...
It went beyond all the mapped targets but there can be more.
We see three waves.
The fourth should be a corrective wave and then the fifth another high.
Remember the saying... What one does, the rest follows.
Expect the entire cryptocurrency/altcoins market to follow.
FetchAI (FETUSDT) bullishness confirms the bullish wave we've been predicting for the past month.
It is now only a matter of time before EVERYTHING speeds up UP!. 👆
Thanks for the trust and support.
Namaste.
Watched FetchAI this week - 3 things all fetusdt HODLer loveWatched FetchAI this week
There are 3 things all fetusdt HODLer will love to see
1. a bullish divergence in the weekly RSI
2. price might close above volume profile $0,081 in a few hours
3. we see increase in volume after long decrease
Let me know your thoughts in the comments🤗
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Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion