FET - Entering accumulation zoneThis one is hard to base solely on the charts just because Ocean Protocol (OCEAN), SingularityNet (AGIX), and Fetch.Ai just merged into Artificial Superintelligence Alliance (ASI). These aim to be leaders in the AI space and combining could show amazing strength.
Therefore, based on FET's chart it looks like a great accumulation range here's why:
-Holding weekly 50 MA (green MA)
- Double bottom on RSI (yellow line green arrows)
*The last time RSI bottom here was during the FTX collapse
It is possible to go a little lower into the "lower liquidity zone", but even at our current prices is a great time to start the accumulation process in case we do not drop in that zone.
FETUSDT trade ideas
Perfect example of Bearish DivergenceBoth OBV and RSI show weakness as price makes a higher high, this is a perfect indication of a trend reversal. OBV (on balance volume) measures buying and selling pressure, RSI (relative strength index) measures the momentum of price. Combining these 2 indicators allows you to identify a change in the market before price does.
FET LONG
FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs.
Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.
FET LONG
FETUSDT has established a key support level at $1.25, suggesting a potential rebound. With previous resistance now serving as support, it is advisable to consider buying below $1.25 and implementing a stop loss at $0.97. The asset is positioned for higher highs.
Set initial price targets at $1.50 (TP1) and $1.87 (TP2), with a more ambitious target at $3.10 (TP3). Additionally, monitor for the next significant target at $5.00.
FETUSDT long Spot TradeFETUSDT Elliott Wave Technical Analysis
Mode: Impulse
Position: Wave (iv) of (3)
Direction: Wave (iv) of (3) is still in play
Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point.
Next Direction: Wave (V) which will complete the next higher Degrees Wave (3)
Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit.
Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
FET/USDT JUNE - 2024The market correction presents a prime buying opportunity as panic selling sets in. We've been patiently waiting for this moment. FET is now on our radar, with two identified buy zones ready for accumulation!
Remember, this is a spot trade—not a leverage trade. We carefully select and buy our coins in spot, aiming for massive gains without the stress of leverage and the shakeouts happening across the crypto market. While there's potential for further dumps and shakeouts, we're ready to hold our position as long as these two levels hold. However, be prepared for the possibility of losing the last line of support if the situation worsens.
-----------Disclaimer --------------------
This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions.
It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
Fetch.AiAs shown in this example, the price moved in one wave, then it worked correctly for three, and the correction was in a final diagonal wave as shown in the example. Now, the price is not allowed to trade below $1.10. We will see targets at the $2 level as first targets. After breaking it, we may reach higher levels at $3 and $4. Provided that the price is not allowed to trade below $1.10.
Fetch.aiThe currency is preparing for an inevitable price explosion. I personally have stored a good amount and I advise you to do this. The first goal for the currency is $4 and its price is now 1.14 cents. Imagine how much you can achieve from it if you store $1,000 of this currency for only a month. Imaginary profits. Good luck. We will meet a month from now.
Fetch.ai (FET) to print 70% correctionSince August of last year price action has risen to provide a 1700% return as forecast (long idea below). A number of reasons now exist to appreciate long risk far outweighs reward.
On the above 8 day chart:
1) Price action has arrived at legacy resistance in the uptrend channel. Look left. This is also true for the FET.btc pair (below)
2) As with previous corrections price action prints a bearish engulfing candle following a strong up trend.
3) Everyone on tradingview.com is bullish, remember 90% of market participants lose money.
www.tradingview.com
Is it possible price action continues in uptrend? Sure.
Is it probable? No.
Ww
FET Long idea, August 2023
FET.btc 8 day pair
FET: buy in low📊Analysis by AhmadArz:
🔍Entry: 1.220
🛑Stop Loss: 1.087
🎯Take Profit: 1.345 - 1.468 - 1.756
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Fetch.AI HTF Fetch.ai soon to be ASI (Artificial super intelligence) after the merger with Singularity (AGIX) and Ocean protocol (OCEAN) has been a victim of the recent altcoin market drawdown. As on of the leading projects in the AI space, FET surged to a high of $3.47, since then price has been retracing back down the range created by the rally previously.
BEARISH: Now back at range low FET finds itself in a key area where the bearish trend can continue, break below range and continue to fall. This would be mostly influenced by a further sell off in BTC as alts are still at the mercy of Bitcoin. Should BTC continue to reject the '21 ATH and 4H 200EMA levels then price will naturally search for buyers with conviction. This chop has already been devastating to the altcoin market without a big flush. So this outcome is not improbable.
BULLISH: On the bullish side we have a very good R;R HTF entry level at range lows, in addition to a fully reset RSI in the oversold area compounded with a very bullish divergence being shown on the High timeframes. All three of these conditions add up to a high probability entry IF BTC behaves. Naturally if BTC decides to sell off then so will altcoins and FET is no exception. However, in this probability game this setup is one of the better LONG setups you could ask for. Couple that with the AI narrative and good fundamentals this looks bullish.
Fetch.ai (FET) is setting up for upto 32% pumpHi dear friends, hope you are well and welcome to the new trade setup of Fetch.ai (FET) with US Dollar pair.
Previously we caught more than 33% pump of FET as below:
Now on a 4-hr time frame, FET is about to complete a bullish Cypher move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Fet big buy...?Here's a summarized analysis of the FET/USDT chart by AhmadArz📊
Support and Resistance Levels:
Primary Supports: 1.376 - 1.492 📉
First Resistance: 1.756 📈
Second Resistance: 1.990 🚧
Third Resistance: 2.128 🌟
Price Trend Analysis:
Current price: 1.686 💵
The price is approaching the first resistance at 1.756 📈
Next Movement Prediction:
Bullish Scenario: Break above 1.756 to target 1.877 and 2.128 📈➡️🚧➡️🌟
Bearish Scenario: Fail to break 1.756, retrace to support at 1.521 or 1.338 📉⬅️🔽
Conclusion:
Watch for a break above 1.756 to confirm bullish movement 🔍📈
If resistance holds, expect potential pullbacks ⚠️🔽
📊by AhmadArz:
🔍Entry: 1.521
🛑Stop Loss: 1.338
🎯Take Profit: 1.680 - 1.877 - 2.128
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
FETCH.AIif we don't break this is weak high we need to back at 0.75% Fibo on 1.26$ after that we beak this is high We need a more the swing targat is 6.50$
Mark my words, we are in. June 24, 2024. And the coin is worth 1.50 years. We are going to. More than $10 with this coin, so far we are in an uptrend. Invest in it, and you will see the wonder in this coin. I personally have a good amount of this coin stored targeting higher highs, around $6 to $10.
If you have any questions or inquiries, don't forget to leave them in the comments below this post. Thanks.