FETUSDT trade ideas
$FET FetchAi Liquidity Zones My current thoughts on FET are that we sweep liquidity in green, unless the above supply level is confidently flipped. We have a rounding off top (3rd attempt to break this level) with weakness showing.
Liquidity, untapped, remains below in green if it cannot push past this resistance area soon.
Another great opportunity to accumulate for the long term if we get green imo.
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FET/USDT Elliott Wave CountFET/USDT Weekly chart , Elliott Wave Count.
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✴️ FetchAI Fast 50% Jump In The Making ($40K Bitcoin?)FetchAI (FETUSDT) just broke EMA100 as resistance and is starting to gain in bullish momentum.
I mentioned that this pair moved first in early 2023, one of the strongest, and its breakout revealed what was coming to the rest of the Crypto-market.
Now, many Altcoins aren't looking that beautiful, people still have their doubts about Bitcoin and what is likely to happen next. FetchAI can help you clear those doubts if you are part of that group, this chart is saying "massive strength".
We have a low 10-June followed by a higher low in August (based on session close), this is a repeating pattern all across the market. We see this pair moving forward and that's exactly what the rest of the market will do.
Here I am mapping a short-term move but this isn't likely to be all.
Almost 7 months of correction, it has to end at some point.
We are in a bullish trend, after the correction is over a higher high comes next.
✔️ Can't wait to see how it all develops... Positive!
✔️ Can't wait to see Bitcoin hitting above $40K... Easy!
Namaste.
🚨 Trade Alert: FET/USDT (3-5x)🚨 New Trade Alert 🚨
✅ FET/USDT (3-5x)
📉 LONG Entry Zone: 0.484 - 0.5134
⛔️ SL: 0.4588
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.52 - 0.525 - 0.53 - 0.54 - 0.55
Mid Term: 0.56 - 0.58 - 0.60 - 0.62 - 0.65
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
FET possible Buy zones Potential areas to buy are shown as green bundles, We are waiting for a decrease in price according to the market trend.
FET/USDT Distibution Phase. Need retesting to continue upward !!💎 FET has certainly captured the market's attention with its notable performance. At present, FET is experiencing consolidation within the supply zone. Typically, consolidation at higher levels can indicate a distribution phase, suggesting a potential downturn for a corrective test at the demand levels between $0.308 and $0.277.
💎 This observation comes from the fact that FET has not yet undergone a retesting phase following its breakout above the supply area. Should the asset retrace to these demand levels, a significant bounce could be anticipated, probability of FET toward the target supply zones and beyond.
💎 However, should FET revisit the demand zone without showing signs of a strong rebound—failing to reject lower prices—it could signal a loss of the demand area. Such a development would indicate bearish momentum for FET, opening the door for a possible descent to lower demand levels and potentially revisiting the key support area.