FETUSDT trade ideas
FET/USDT bullish OB trajectory? 👀🚀FET Today analysis💎 Paradisers, let’s delve into the intriguing movement of FET/USDT. Currently, the price is approaching a bullish order block (OB) that we’ve refined on the 2-hour timeframe at the level of $2.2111. This level holds immense significance, and its ability to transition from a mere retest to a robust bullish move could lead to breaking above the previous high and continuing the bullish journey.
💎 After following a higher low trajectory, FETCHAI presents interesting scenarios. If the recent low breaks, we need to shift our strategy and pay attention to secret price action (SPA). In this case, we can expect a bullish rebound from below the bullish OB refined on the 4-hour timeframe.
💎 However, we must remain vigilant. If the price of NYSE:FET drops below the 4-hour OB, it indicates that bears are taking control. In such a scenario, we should consider short entries. Remember, it’s all about patience and having the right strategy
What was the trigger for the FET/USDT boost ?Here is an Ichimoku reading of the FET/USDT. We can clearly see that once the chikou span had got above its obstacles then the price boosted. That could strongly happen on a lot of cryptocurrencies that currently have their chikou span getting above its obstacles. It might be a good idea to buy. *MIGHT*.
FETUSDT.PHello Trader BINANCE:FETUSDT.P
bullish flag area in the large time frame range of its 3H-1D area. long postition can be taken from now on
take profit 26%
stop loss 6%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
FET weekly analyzeGreetings everyone,
FET has experienced a significant correction of over 50% after a major pump and is currently in a resting phase. As shown in the chart, FET is experiencing a pullback to the broken pivot in the weekly timeframe, and we can anticipate it to find support and rebound between 0.18-0.25. It may be advisable to wait for this area to establish a new long position. Our analysis suggests that in the next round, FET has the potential to reach the price range of 0.81-1$.
We also recommend monitoring FET/BTC as it is approaching the support area in the daily timeframe. It may be prudent to buy in the spot around the pivot while keeping an eye on the price levels.
Please note that investing in cryptocurrencies comes with significant risks. It is always wise to conduct your research and consult with a financial advisor before making any investment decisions.
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.