$FET Good Time to Enter Now?Fetch was one of the most hyped project of IEO along with MATIC, BTT, and CELR.
Let's see how this one age.
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FETUSDT
FET/USDT 4hFET/USDT broke out of its channel upwards. RSI is pretty high so watch out for that. Mid-term targets (depending on how fast BTC goes):
Target 1: 0.180 (trying to brake it now)
Target 2: 0.244
Target 3: 0.30
Patience is key, don't stress out when it drops. Use stop-losses but beware of stop-loss hunting.
FET-USDT Long Trade PlanCommodity : FETCH.AI
Trade Type : LONG
Trading Against : TETHER-US
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - <1 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 5% to 11%
Prospective Loss : 3%
RRR : Between 1.7 and 3.91 depending on TPs
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
FETAs you see Fet have a divergence with volume candle and 24h volume is more than market cap(16m marketcap_30m 24volume)
It might be changed to a big jump and also the competition on Binance has finished.
But totally its better to wait for the break out blue line.
Don't forget S/L(It depends on you) and manage your money.
FETCH.AI (FETUSDT) is going to have it's first green weekHello, guys! As we can see, we have a V shape bottom on FETUSDT (4h chart) followed by a correction.
We had 4 red weeks in a row with strong downside movement. A strong bounce is expected as the sellers are exhausted.
Target is around 0.24-.0.26. Enjoy!
Fet/ USDT to 0.21-23 then to 0.10Fet/ USDT a new coin added to binance has deeper to go we are currently in a downward movement but, we are approaching the top of the triangle. I expect a fakeout to the 0.21-0.23 level based on our fractal and resistance levels. then following a bounce down to 0.10 area. I wouldn't buy at 0.10 area right away if we reach there to wait to a breakout after the fall.
Not financial advice trade always with you're own research
FETUSDT only chart looking good to meI'm a bit weary in this market atm. The vibe is looking positive, but most USDT pair charts I'm looking at seem expensive. FETCH.AI is looking like the only one I'm considering buying as it's nearing support. Not super keen on this though as it's a new coin so limited data and has been on consistent downtrend on the higher timeframes.
Might take a small position and set a few buy orders at or below support.