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Fetch.AI / TetherUS

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FETUSDT trade ideas

Long Term Fet prediction! Weekly chart (Hopeum Edition)Please feel free to zoom in and out of the chart for better clarity. For quite some time I was stuck in 4 hourly daily charts. Given the current situation ,I personally avoided checking larger weekly time frames for quite some time until now. I am not saying we are out of the bag yet!!. It still feels like this bottomless well is sucking us in. Then I said to myself wait, this is how we are supposed to feel just before the tide changes direction. I felt the same when btc hit around $4000 last time. When zoomed out of the weekly chart, I noticed that only 2 buy signals generated(many common buy indicators are lighting up at the same time) First time this happened was back on march 9 2020 ish from that point price went up to ~1.2$ (roughly 11000% growth) I took these numbers as a reference point and also assumed supply increased by 6 folds over the last couple years. I estimated that during the next bull run $fet could possibly grow roughly 2000% percent .
Long
by SpaceCatZ
20
FET/USDT Strong Bullish Movement, Could FET Bounce from support?💎 FET has been a significant player in the cryptocurrency market, and its current position is key to its market trajectory. FET is undergoing a retesting phase at a support area, which was previously a key resistance level. If this retesting phase proves to be successful, we can expect FET to bounce off this support and continue its ascent, potentially creating new highs at a strong resistance area. 💎 However, if FET struggles to recover during this retesting phase and fails to show a positive response at the support level, there's a risk it could lose this support or even break below it. Such a scenario would shift FET's direction towards a downward movement, with the Bullish OB area becoming the next critical point. 💎 The Bullish OB area, particularly around $0.465, is pivotal for FET's market direction. For FET to resume its upward trend, it’s essential that it rebounds from this area and reclaims a position above the resistance level. 💎 Failure to bounce from the Bullish OB area or a breakdown below it could signify a shift to a bearish trend, potentially leading FET towards further decline to the demand area or even a stronger demand zone.
by MyCryptoParadise
1
FET/USDT bullish horizons? what next💎 Paradisers, let's focus on #FETUSDT, as the current trend offers a glimpse of a potential bullish turnaround from its vital support zone. 💎 Reviewing #FetchAi's latest market activity, we notice a significant 35% drop from its recent high. Yet, the steadfastness around the support level of $0.5718 suggests a doorway to an upward journey. 💎 Despite the hurdles in achieving new highs or surpassing previous milestones, which has led to a temporary bearish sentiment, the $0.5718 threshold is pivotal for #FET. This level is on the cusp of initiating a considerable bullish movement upon another assessment. 💎 As forward-looking traders, we're always equipped with a backup plan. Should #FET descend further from this support, we're eyeing a bullish revival starting from the secondary support at $0.529. It's important to remember, a fall through this level could indicate a move into deeper bearish territory. 💎 Maintain adaptability in your strategies and keen observation of market trends, Paradisers. Your ParadiseTeam is diligently watching, ready to navigate you through these evolving market conditions.
Long
by MyCryptoParadise_Simon
FET is shaping up to be a clear winner of this bull market cycle- a 2019 shitcoin that is now somehow someway almost trading at new ATHs on a wick basis and already trading at new ATHs on a closing basis - with it being an AI coin and looking at what NVIDIA is doing in traditional markets it makes sense that AI coins are going to be the hottest narrative of this cycle - with a setup similar to BNB in 2021 before its run to +600 dollars I can easily see FET at sub 20 dollars before this bull run is well and truly over
Long
by Mansasuma
Fet Ready to Rip?After the 3 day decline of approximately 20% Fet may be ready for a 10% retrace or another massive leg up. Higher time frame are still over sold but lower time frames are looking more bullish with plenty room to range. It is hard say how far these can go but AI related projects have been on a relentless tear to the upside. The high may or may not be in and really can't be known but a retrace would be signficant and continuation should be expected until there is brake of trend. This is the hourly chart and price has pulled back to its trend with hourly osicllators fully reset. Current Trading Plan: The 3 day decline produced a 20% range. Trade the retrace to the 50% area and look for signs of continuation. The current low is clear point of invalidation Trade Well Your Friend, Degen
Long
by Degen-Dynasty
FetchAI | Final Wave?I know. There are not any bearish signals; the chart is super bullish; it is going up. But... The force of the final move, a massive jump from 5-Feb. through 21-Feb. has final wave potential. If we look at FETUSDT past action or any bullish action across hundreds of Altcoins, the growth is always gradual. There are moments when the force is strong and these moments mark the end of an impulse. The last two weeks consist of parabolic growth, basically and yet trading volume is lower compared to November and December 2023. There is a bearish divergence with the RSI. Lower volume as FETUSDT hits a new high, signals that the bullish trend is losing strength. I have to admit it, I don't know if this is the peak nor expect it to be; I drew the arrow though on the chart. Peak or not peak, caution is advised at this point. If I were a FetchAI holder, I would be looking at the option of taking profits because the best time to take profits is on the way up. There are two ways to take profits: (1) On strength (moving up as is happening now) or (2) on weakness (when the top is confirmed and reversals signals are clear). I hope you find this information useful. Namaste.
Short
by AlanSantana
15
FET/USDT Could FET Make a New ATH Or rejected back to demand ?💎 FET has recently encountered significant market dynamics, experiencing a strong rejection at the resistance of its all-time high (ATH). 💎 There's potential for the price to undergo a downward retracement and retest the demand area to establish new momentum before attempting another breakout. 💎 Alternatively, if FET manages to break out above the resistance without a retest, it probability could signal a move towards our target area. 💎 However, FET needs to bounce from the demand area and resume its upward trajectory in an attempt to break above the resistance level. Failure to do so could result in a breakdown below the demand zone, leading to further downward movement towards the support area. The support area holds significant importance as it represents the last line of defense for bullish momentum. If this area fails to hold and FET breaks below it, it could signal a continuation of the downward trend.
by MyCryptoParadise_Nathan
2
FET - Make or Break Zone Hello TradingView Family / Fellow Traders, On Weekly: Left Chart After breaking above 0.6, FET surged by 80% and it is currently rejecting a major weekly resistance at 1.0 - 1.05. 📈 For the bulls to remain in control and take over from a macro perspective, we need a weekly candle close above 1.05. On H1: Right Chart 📉 If the last major low in red at 0.885 is broken downward, expect the bearish correction to start 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
4