FETBTC trade ideas
FETBTC: Perfect Cup & Handle PatternFETBTC pair is forming a perfectly bullish cup & handle pattern which has been formulating over a 7-month period.
1- Previous high of 1151 sat (18th August 2020) almost perfectly lines up with the recent high of 1540 sats (28th March 2021)
2- Usually, the cup spreads out over a period of 1-6 months or longer. In this case, the cup took 222 days (approx. 7.5 months) to form.
3- The handle plays out between 1-4 weeks before a breakout (or rejection) occurs. FETBTC has been in the handle consolidation pattern for 14 days and counting.
Personally favor the chances of a breakout and we could see a target up to 2450 sats if it breaks out of the handle!
Please Be Calm FET/BTC #FET $FET #FetchAIHere we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
Jiffy Pop FET/BTC #FetchAI #FET $FETHere we see our FET 6 hour chart and you can see we had quite a pullback since FET wicked over 1500 sats a few days ago - we even went to low
1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red , so expect this to pop back up at some point soon ( though it can always consolidate a bit longer . ) If you are a new trader please understand that no coin goes up in a straight line . There are always pullbacks along the way . So don't panic ! This is normal and FET is still very bullish to go up . There's a strong weekly resistance above us near 3200 which seems like an obvious target . Other targets are fibs which I will link in chart below .
$FET, 11 sats away from ATH & now showing a expected pullback..$FET
11 sats away from ATH & now showing a expected (ATH retest) pullback
I don't think this will end up here tho
Similar to March 18, will look for Fib .618 retest (~1200 sats) & may restart the way up (for new ATH and price discovery)
Still 150% since entry
Hodl it
#FET
Whales Will Play FET/BTC #FetchAI #FET $FETHere we see our FET hourly chart and you can see we had a big pullback earlier today ! We hit up over 1500 sats (as I predicted several times ) coming close to our high from last summer - and then dumped hard to low 1200s area . Many think there are market makers on this FET chart but might I suggest there could be a school of whales playing in this water !! Looks like we will hit a TD Sequential 9 on the downside here in an hour and possibly see some turnaround . I still think the weekly resistance near 3200 sats is the target above us - though I can't predict how long it takes. Right above that is the .236 fib near 3420 - also a probable target above us . I'll post the other price targets above that in the linked chart below . I'm still bullish on FET for April and beyond . I think this pullback is just a shakeout .
FETBTC - Must Hold LevelIt seems that we formed a rising channel. In that channel we formed a wedge, broke out and now we are testing that broken resistance line.
If the bulls want to keep control, they should stay above this trendline and most important, stay in the rising channel.
For every new follower i will add a new idea :)
$ONE has showed $FET the way. Both Binance IEOs. Imagine not thinking Binance IEO $FET will do what $ONE just did. All my buddies have already sold $ONE and aped into $FET. Big brain move to not take your profits from $ONE to 10x them again short term. See ya on the moon frens.
FET/BTC BARR Bottom break out FET has just broken out of a 632 day Bump and run reversal bottom accumulation pattern.
Previous daily appears to have found support, recently had a bullish golden cross too.
A daily close above this level would be bullish confirmation for me.
Could look to get in on the retest if too adventurous for you to enter now.
Potential return ~300%
ONE - CELR - FET - MATEL vs. BTCI didn't add MATEL here to compare it with others - you can do it yourself
All i m saying is - FET has way more to go than others
Parabolic Moves ! FET/BTC #FET #FetchAI $FET Here we see our FET 3 day chart and as you see we broke out last night ! Coming very close , as expected, to our high from last Summer near 1550 .With Mainnet coming in 3 days we seem to be entering into a Parabolic upward movement here .You see where the green arrow is on the chart ? That shows an obvious Kumo Twist on our Ichimoku Cloud - ( also known as a Kumo Breakout ) and it's very Bullish ! . We are also about to have a Golden Cross happen with our light blue 50 MA going to cross up and through our dark blue 200 MA . Next target above us is 3200 - 3420 area ,which is near strong resistance and our .236 fib. I'll link the fib targets in my other chart below . This looks great , extremely bullish chart . Now there can always be some pullback along the way as well as consolidation - I'm not saying we go to 3200 and above tomorrow - but it is definitely looking good for April and beyond !
FET will test ath in btc pair this yer..longterm holdYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
