FETUSDT trade ideas
FET long-term plan
AI hype has started again. Important AI cryptos are AGIX, OCEAN and FET. If you know any other one, please comment and share information.
Fetch.ai aims to enable a decentralized economy where autonomous agents can collaborate and transact efficiently without relying on a centralized authority.
I know that many of you may buy FET at much lower prices but in my opinion, this level is still interesting for a long-term hold.
In weekly time-frame, FET is breaking the neckline and the rally will continue.
With medium market cap of $400M at the current price, my targets are $2.5, $4.5 and $9.
------------- Information on FET -----------
FET (Fetch.ai) is a decentralized digital currency and blockchain project. It aims to develop a decentralized infrastructure for autonomous economic agents (AEAs) to perform various tasks, such as data sharing, AI learning, and machine-to-machine transactions. This infrastructure is designed to facilitate the efficient exchange of data and services between different AI systems, IoT devices, and other digital entities.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Fetch A.I.: A Rising Star in the Crypto SkyFetch A.I. has impressed in recent weeks with extreme growth: The coin has surged approximately 400% since February 2024, far outperforming many other altcoins. Naturally, it's not realistic to expect this price momentum to continue at the same pace. However, we remain highly bullish on Fetch A.I. and anticipate prices around $8. The presented trading idea offers an excellent Risk-Reward Ratio (RRR) of around 7:1, making the purchase of Fetch A.I. a strong long-term investment for crypto portfolios.
Below, you'll find an overview of the key features of this coin.
Key Features:
Decentralized Autonomous Organization (DAO): Fetch.ai is governed by a DAO that promotes community decisions and developments.
Open-Source Platform: Developers can leverage the Fetch.ai platform to create their own AI-based applications and services.
Interoperability: Fetch.ai is compatible with other blockchains to facilitate seamless interactions between different systems.
Utility Token (FET): The FET token serves as fuel for the Fetch.ai network, enabling the utilization of its various functions.
FETUSDT is looking Bullish as it is making a bull flag on TFA bull flag formation typically occurs as a temporary pause or consolidation within an uptrend, characterized by a downward sloping flagpole followed by a parallel consolidation channel, resembling a flag. This pattern often signifies a continuation of the previous uptrend, suggesting that FETUSDT could experience further price appreciation in the near term.
FET bullish path if BTC bounce backNon financial advice (NFA)
FET, and basically AI coins, looks like the most promising coins to look at if BTC doesnt falls again.
We bounced perfectly on the resistance, an looks like we are in an acumulation zone.
Maybe, in the upcoming days, we test again the 3USDT resistance, but paid atention to all the resistances on the road, like 2.78, 2.85 or 2.99. Also, the downtren supports at 2.44 or 2.28.
Always, and as mentioned, everything depends on the supports of BTC. If BTC keeps going down, we are cooked, but looks like we found an stong support.
Maybe some people its looking for a biggest fall to start acumulating again, but you already know, BTC use to do what people dont want to.
If you long, remember to place your SL in your entries, or when you start winning. As said, NFA
FET/USDT bullish reversal scenario| 🚀fetch Today analysis💎 Paradisers, let's dive into the latest on FETUSDT. We've spotted it gearing up for a bullish reversal right from the FVG zone. But, there's a twist – it couldn't surpass its previous high, hinting at a possible downward trend. If it manages to keep up the momentum and bounce back from the FVG zone, we're looking at a strong chance for a bullish leap, aiming to overcome the resistance above.
💎 Another key observation is the price's stability above the EMA, suggesting that the bullish trend might still have some fuel. However, being the savvy traders we are, we're prepared for all outcomes. If it doesn't climb from the FVG zone, we'll set our sights on the next point of interest beneath the solid support, where we might see a rebound.
💎 But, let's trade carefully. If the price dips below our support line, it's time to rethink our strategy – shifting away from long positions. Patience and vigilance are our best allies in trading. Stay tuned for updates, and let's navigate these waters together with the ParadiseTeam.
MDT Will Moon Like FET - DO NOT MISS IT MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
MDT has had a very strong breakout , These breakouts can often continue longer than people think. MDT should have a breakout like FET and continue to moon. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
FETUSDT.4HOn this 4-hour chart for Fetch.ai (FET) against Tether (USDT), we're looking at the price development and some key technical indicators.
Price Trend: There has been a recent downturn after a period of upward movement. The price has been on a general uptrend but has encountered a pullback.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which indicates bearish momentum. The MACD histogram also shows a decline, supporting this view.
RSI (Relative Strength Index): The RSI is near the 50 mark, which suggests a neutral market without immediate overbought or oversold conditions.
Considering the chart and indicators, I’d look for potential support levels where the price might stabilize and bounce back if the overall uptrend is to continue. It’s also crucial to keep an eye on the MACD and RSI for any signs of a shift in momentum. The neutral RSI gives room for movement in either direction, so I’d be prepared for both bullish and bearish scenarios, setting stop losses to manage risk accordingly. Since the chart lacks detailed price points for potential support or resistance, I would also consider the broader market sentiment and any fundamental news that could affect FET's price action.
🔥 🔥 FETCH.AI [FET] Massive Cup & Handle Break OutA few weeks ago I made an analysis on FET and the pending cup & handle pattern that was about to break out.
The price has risen close to 40% since my original analysis and the pattern is playing out quite well. With BTC trading bullish/neutral, I'm expecting FET to simply continue to move up. Target at 3$ for the next few months.
FETUSDT.PHello Trader BINANCE:FETUSDT.P
potential head and soulder, can be confirmed right soulder brekdown, because the next resistance position in the 30-minute time frame there is a small supply area. stop loss area 4% and the reward can get 40% +.
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Disclamer: Not Financial Advice