FET Long Position (Bull Market Anticipation)Market Context: FET is demonstrating a shift in market structure, indicating the potential for an upward trend. As a strong AI-related asset, it is poised for the next leg up in the current bull market. We expect one final shakeout below the previous fake low, providing an optimal entry point for a long-term position.
Trade Setup:
Entry: Around $1.15.
Take Profit:
First target: $1.70
Second target: $2.00
Third target: $3.20
Stop Loss: Daily close below $0.95.
This setup allows us to capitalize on potential upward momentum while maintaining a manageable risk. #FET #Crypto #AI
FETUSDT
FETUSD BULL / Bear If weekly closes around $1.33 or lower, could be a sign of a new low. closing pattern would be Evening Star www.investopedia.com . But there is also a head and shoulders pattern if support $1.10 holds. stop loss at $1.00. under a dollar, the next support could be as low as .54$ or around .88$ for a high end support. These next few weeks could be crazy in the US market. Gonna be watching a few markets closely
FET/USDT Structure Shifted BearishLooks like we're in for a major drop! The market structure is signaling strong bearish momentum—be cautious if you're holding. 📉
Could see some massive corrections coming. Stay alert and trade smart! 💡
#Crypto #FETUSDT #BearishTrend #MarketUpdate #TradingAlert #CryptoAnalysis
Honestly, I don't feel like explaining, the chart says it all !!The FET is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
#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.
FET price = Artificial Superintelligence AllianceWhat do you think?
Maybe it's time for the united alliance of artificial superintelligence to get off its knees after such a humiliating drop in its price?)
Looking at the OKX:FETUSDT price chart, we can assume that someone has bought it tightly and is now trying to prevent the price from falling below $0.77-0.80
Will there be a x2 increase in the CRYPTOCAP:FET price or not?
fet preparing for massive bullish wave towards new ath Fet Is One Of The All Time Trending Ai Crypto Trending Product & On Strong Uptrend Since Late 2022 Recently Fetchai Has Corrected Almost 80% After Hitting 3$+ Now Preparing For Massive Bullish Consolidation Desecrating Broadening Wedge Breakout Successful Breakout Can Lead Massive Bullish Wave Towards 5$
Fetch.AI (FET) Analysis
Fetch.AI (FET) has been slowly bouncing back after a big drop, where the price fell from $3.480 to a low of $0.702. Right now, FET is showing some signs of recovery but is still stuck in a downward trend, marked by a descending channel.
The price is currently around $1.331, just below an important resistance level at $1.477. This area is crucial because it aligns with the top of the descending channel. If FET manages to break through this level, it could indicate a shift to a more bullish trend, with potential targets at $1.857, $2.558, $3.094, and $3.480.
However, if FET fails to break above the descending channel's upper trend line and the $1.477 resistance level, it might drop back down to test the lower support levels. The key support zones to keep an eye on are $1.054 and the support zone (Green) at $0.744 - $0.813, which has previously acted as a strong support.
In simple terms, FET is at a turning point. If it breaks above $1.477, we might see a bullish move, but if it doesn't, the price could fall back to test the lower support levels.
#FET Price Update & Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
FET has gained 66% since our previous post and it is currently facing 21 EMA resistance at $1.35.
The hidden divergence in the RSI has played out well, and bullish momentum remains strong. Once FET breaks above this 21 EMA resistance, it will likely rally toward the $3–$4 target range.
The key level remains unchanged.
- Primary Resistance: 21 EMA at $1.35.
- First Target: $3-$4.
- Higher Target (Long-term): $10-$12.
DYOR, NFA.
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FET/USDT: LONG SCALP SETUP!!Hey everyone!
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FET looks good here. It breaks out from the descending triangle and a retest is also done. Long some here and add more in the dip.
Entry range:- $1.12-$1.15
Targets:- $1.24/$1.31/$1.39/$1.51
SL:- $1.09
Lev:- Use low leverage (Max 5x)
What are your thoughts on FET's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
FET - Pivotal Area: Bulls Need to Wake Up!If there's any chance of a turnaround, it has to be from these levels.
If the price breaks below $1, I’ll consider opening a short position targeting the most recent low of $0.80.
However, the overall picture looks more promising, so I’m looking to go long between $1 and $1.08 as the first play. If this level fails, I’ll switch to a short position, especially if CRYPTOCAP:BTC falls below $56k.
I’d also welcome a period of consolidation above $1 to reestablish this level before aiming for new highs.
To simplify:
- Bullish bids above $1
- Bearish sells below $1 :)
FET Update (1D)From where we put the red arrow on the chart, the FET correction has started.
The correction seems to be a diametric.
It seems that we are now at the end of the F wave. For the G wave, it can have a downward drop.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FETUSDT at Support: A Prime Opportunity for Spot BuyersFETUSDT has reached a critical support area, presenting a potential buying opportunity for traders and investors. In this analysis, we explore the significance of support levels, why this could be an ideal entry point, and how to strategize your purchase on the spot market. Learn how to assess the current market conditions, manage risks, and optimize your trading decisions as FETUSDT tests this key support zone. Whether you're looking to capitalize on short-term gains or hold for the long run, this guide provides the insights you need to make informed moves.
FET ANALYSIS🔮 #FET Analysis
As we can see that there is a reversal in the chart of #FET from its support zone but falls from its supply zone. We could expect a breakout in few days after a quick retest to its support zone
💸Current Price -- $1.118
📈Target Price -- $2.180
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FET #Cryptocurrency #Breakout #DYOR