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Fetch.AI / Bitcoin

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FETBTC trade ideas

FET at an important point of decision. Possible break up to ATHThe last 24h have proven itself with high volume and high volatility. We got several indications of FET trading within a symmetrical triangle at the time of writing. We are currently resting on the bottom trend awaiting a bounce, or a break down. I am not going to point out exact targets yet, but a break up from the triangle will probably push FET to about 15000sats, above the ATH from yesterday. A break down to the downside will make us test the zone at 9700sats. I will come back with more detailed analysis with targets once FET have chosen direction!
Long
by Pineapple1k
Fetch.AI (FETBTC) New Binance AddFetch.AI (FETBTC) is new so there is no data on the chart. What you can see here is the support and resistance levels marked. Based on the candlesticks closing, we can know FETBTCs trajectory. Fetch.AI (FET) Overview Fetch is a decentralised digital representation of the world in which autonomous software agents perform useful economic work. This means that they can perform tasks, such as delivering data or providing services, and are rewarded with a digital currency for their efforts — the Fetch Token. These agents can be thought of as digital entities: life-forms that are able to make decisions on their own behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for example). Fetch's digital world is exposed to agents via its Open Economic Framework (OEF) and is underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the value of the network as it is used. Fetch can be neatly interfaced to existing systems with minimal effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to Fetch and watch markets spontaneously form from the bottom up. What's your take on Fetch.AI? Where you think is headed next? What's your opinion about this new cryptocurrency project? Please share your thoughts in the comments section below. All information is welcomed. Namaste.
by MasterAnanda
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