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FETBTC trade ideas

Falling Wedge is in Control of FET/BTC #FET $FET Here you can clearly see we are in a Falling Wedge - but this will break Bullish because it's part of a Bullish continuation in an uptrend on our FET daily chart . We are very near the end of this wedge structure and will be breaking upwards from it . Notice there is very low volume now near the end of this wedge - that is actually confirmation of our wedge . A big volume burst should happen on breakout - and it's very possible there will be retest of that line after breakout . But then we should continue back up at least to the previous recent highs - and beyond . By the end of October this should be going up again. Of course our previous triangle structure got invalidated - that happens sometimes - but this Wedge seems valid and I believe this will play .
Long
by shimmeringpath
4
Symmetric Triangle Appears FET/BTC #FET $FET #FetchAIHere we see our FET 12 hour chart and boy we see quite a pullback ! We're now under 1400 . But if you see those black lines on my chart it does look as if we are forming a symmetric triangle shape . Now a chart pattern like that can break upwards or downwards - and by approximately the same amount as those purple lines show (which is the length of the rise near the start of the pattern . ) I expect a break upwards towards the 2900 / 3000 area since a break down out of this pattern would take us to 200 sats area ! And I definitely don't see that coming ! So I say this breaks Bullish . Again many charts look similar with the pullbacks and the MAs but big pullbacks also mean big rises will come . This has possibly been a shakeout situation but there's always big swings in a Bullrun year and I've been expecting some crazy moves so I'm good ! Now a symmetric triangle pattern shouldn't actually play out to the very tip or end of that black triangle . It should choose a direction and break away before we get to the end of the pattern ( I expect a break upwards . ) Also some people might see this as more of a pennant but I disagree since there is not technically a flagpole here and you can't have a pennant without a flagpole . So I say it's a symmetric triangle . Also you can see that pink and blue band we're in ? That's a regression trend channel . And we've definitely wicked to the bottom pink part of it ( as well as hitting a TD Sequential 9 in red on our daily chart . ) So I really expect a turnaround and I expect it soon . This weekend could be interesting but by next week I think this will be on it's way up again .
Long
by shimmeringpath
5
FETBTC - TICKER REQUESTI like how FET is holing up above the major rising resistance trendline. IF we can hold this zone as support i think we can move a lot higher coming months. Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
Higher Breakout FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Bitfinex and you can clearly see this pullback is a Bullflag ! Shown in-between those black lines . The purple lines show the length of the flagpole on our last rise up that took us to 2500 area . That flagpole was at least 1200 sats high and when we break out of this Bullflag we will be going up by at least that much upwards . So if we break out near 2200 sats, give or take - we should then be targeting 3200 to 3400 area , and possibly higher ( I won't be surprised if we wick to 3700 area . ) But 3200 is a strong weekly resistance , and 3400 is the .236 fib of our full fibs on the Binance chart so I expect to hit resistance there . At any rate this looks great and will continue to do well the rest of 2021 , at least .
Long
by shimmeringpath
Flex Your Muscles FET/BTC #FET $FET #FetchAIWow ! Look at that huge candle up on $FET ! I had predicted 1920 as a target area before and we hit that target last night ! As you can see we are now inside that light purple line of our colorful Gann Fan indicator . Below us the bottom of that line ( 3/1 on the Gann) is basically at 1550 sats which was our previous resistance . In other words we may have just flipped our resistance into a support ! I suspect that is the case but it's always possible to retrace below there at some point but for now all looks good . Above us the top of that line ( 2/1 on the Gann ) is around 2150 - we may hit there and then cool off a bit but notice that target symbol on my chart ? That's also showing you the 1.618 fib which is at 2398 . So we may see that target soon as well , Above that you see a green checkmark which is also near our strong weekly resistance area near 3200 - and that won't be easy to break through . I suspect we get there by Halloween but may retrace hard before we break up from there ( no doubt Bitcoin will be going for higher highs too ! ) Anyway I still think FET is playing within a Gann Fan and will see 5400 sats in December . Right now FET is flexing it's muscles !
Long
by shimmeringpath
4