FETUSDT
FETUSDT - Aiming for a 170% UpsideFET/USDT is showing a promising setup on the daily chart, as the price has stabilized after a prolonged downtrend. This area could serve as a strong base for a potential upward movement, especially given recent market conditions.
Why Enter This Trade?
Support Zone: FET is trading near a key support level where it previously found strong buying interest. This could act as a launchpad for a recovery.
Trend Potential: The broader market trend for AI-related projects has shown resilience, and FET is positioned to benefit if this sector sees renewed interest.
High Reward Potential: With a target of 170% on the upside, this setup provides an excellent risk-to-reward ratio if the bullish reversal plays out.
As always, discipline is essential. We’re not simply betting on a bounce but positioning ourselves strategically to capitalize on a potential rally if momentum shifts in our favor.
Fetusdt to where?We have downtrend from the last high and now uptrend with correction less than 25% of that high
The uptrend still weak and it could be a small correction for the main downtrend beside the volume has conversion
But we can predict the bottom as long as our SL area is too close to the entry area
So what do ya think guys ?
FET | ALTCOINS | TOP ALT for coming ALTSEASONFETCH was one of my TOP altcoins for 2024, and has seen some more increases since my lst update. (Find the previous update here :)
THIS is the initial introduction to FETCH in January, when I identified this as a good buy for 2024:
I'm optimistic for the remainder of 2024; FETCH and other alts will see great increases as soon as BTC takes a breather and trades sideways for a few days.
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BINANCE:FETUSDT
Alikze »» FET | Wave 3 or C bullish scenarioIn the daily and weekly time, after an upward cycle in the supply area, a complex mixed correction has been corrected to the 0.38 Fibo range of the previous wave, after which it faced demand.
🔰In the lower time, it went through a full cycle up to the green box area, which again grew up to the current area after a correction.
🔰If this wave is extended and breaks the resistance zone, it can continue to climb to the next zone, but if it encounters supply in the current zone, a correction cycle can be carried out to the previous major ceiling zone and then the continuation of the upward cycle. to do in the form of a large wave 3.
If the behavior and structure of the post changes, it will be updated.
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SasanSeifi| From $1.00 to $1.70, What's Next for This Asset!?Hey there, ✌On the daily time frame BINANCE:FETUSDT , as you can see, we’ve seen a notable price increase from the demand zone around $1. At the moment, the downward trendline that had previously capped the market has been broken, and the price is now trading around $1.50. The overall market sentiment appears to be shifting bullish, and it is expected that the price could rise to the levels of $1.60 – $1.70.
After this, considering the possibility of a consolidation or pullback phase, it is anticipated that the price will continue its upward movement and may reach the $1.90 level, followed by the $2 supply zone. If the price continues to rise, it will be crucial to closely monitor how the price reacts at these key levels in order to gain a better understanding of the next potential moves.
The current important support zone is at $1.35.
Therefore, before making any decisions regarding entry, it is highly recommended to carefully analyze the overall market conditions and pay close attention to the key support and resistance levels.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
$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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FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs.
Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum.
Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend.
FET recently broke its diagonal structure and is currently sitting within the weekly demand zone.
I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs.
Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
FETUSDT: Ready to Smash Resistance! FETUSDT: A Second Chance at Breaking Resistance!
FETUSDT has recently faced challenges with an unsuccessful breakout from a head and shoulders pattern, but it's now making another attempt to break through major resistance. This presents a compelling opportunity for traders looking to enter the market. As FETUSDT approaches this critical resistance level, a successful breakout could signal the start of a bullish rally.
For those looking to capitalize on this potential move, consider entering the trade once the resistance is confirmed as broken. Remember to implement a stop loss to manage risk effectively, ensuring you protect your capital.
FETUSDT Currently trading at $1.44
Buy level: Above $1.488
Stop loss: Below $1.22
TP1: $1.77
TP2: $2
TP3: $2.6
TP4: $3.5
Max Leverage 3x
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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
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