FETUSDT Elliot Wawe theoryExcuse me!
An interesting picture has been drawing in front of me for days.
According to my theory and analysis, an elliot wave may be true for FETUSDT.
As part of this, we may now be in a correction.
I am attaching pictures of the details below.
First picture
$0.60 resistance
Second picture
Liquidation image
Third and fourth picture
Elliot wave in more detail on the hourly view.
R3ncso
FETUSDT trade ideas
FET - Ascending Channel with a Manipulative Move๐๐จFET (Fetch.ai) has been showing a penchant for shakeouts, keeping traders on their toes. Currently navigating within an ascending channel, a recent manipulation near the lower range boundary suggests that a move towards $1 for FET might be imminent. Let's delve into the dynamics of this maneuver and explore the concept of order flow. ๐๐จ
FET's Shakeout Affair:
Ascending Channel: FET has been trading within the confines of an ascending channel, indicating a bullish trajectory. However, the journey is spiced up by occasional shakeouts, testing the resolve of market participants.
Manipulative Move: A recent manipulation under the lower boundary of the range caught the attention of traders, potentially setting the stage for a move towards $1.
Understanding Order Flow:
Order Flow Dynamics: Order flow refers to the continuous process of buy and sell orders entering the market. Understanding order flow involves analyzing the volume and direction of these orders to gain insights into market sentiment.
Shakeouts in Order Flow: Shakeouts are strategic moves to trigger stop-loss orders and liquidate positions, creating liquidity for institutional players. The recent manipulation near the lower range boundary can be seen as a shakeout in the order flow.
The Path to $1:
Channel Dynamics: Navigating within the ascending channel, FET may experience periodic shakeouts before potentially resuming its upward trajectory.
Target: $1: The manipulative move near the lower range suggests a potential target of $1 for FET. Traders should remain vigilant for confirmation of this move.
Trading Strategy:
Observing Order Flow: Keep an eye on order flow dynamics, especially during shakeouts, to gauge the intentions of market participants.
Confirmation: Wait for confirmation through price action before considering any significant entry or exit positions based on shakeouts.
Risk Management: Employ risk management strategies to safeguard your investments in the face of unexpected market moves.
Conclusion:
FET's journey within the ascending channel is spiced up by its inclination for shakeouts. As traders navigate these maneuvers, understanding order flow dynamics becomes crucial for making informed decisions in this dynamic crypto landscape.
May your trades align with FET's twists and turns, and the path to $1 be both exciting and rewarding.
โ๏ธGet my 3 crypto trading indicators for FREE!
Link below๐
FET UP TO 1$-2$Hello guys. Market view. Today we will speack about FET. Its top coin in the AI Sector and i think that this coin make 1$ very fast in this year. What you think abou it ?
We can see strong bullish chart. Its top 3 on the sector, like a rndr etc so i buy this project and wait.
Good luck have fun.
FET/USDT Bullish Trajectory? ๐ ๐ FetchAI Today analysis๐ Paradisers, get ready for a potential surge in FETUSDT as it currently challenges a significant resistance level, hinting at a likely bullish progression.
๐ Reflecting on its past performance, FETUSDT has consistently overcome its descending trend line, leading to upward movements. Presently, as it tests the supply level at .4396, the prospects for an upward journey from the BOS level of .4095 are looking promising. A breakthrough above this supply level would solidify the bullish outlook.
๐ On the flip side, if FETUSDT struggles to sustain its momentum, we might see a strategic bullish continuation from the demand level of .3289. However, a descent below this level could trigger a notable bearish trend.
Fetch.ai - Road to 1$ and beyondHello everyone,
I wanted to share my thoughts on Fetch.ai in the short term. As the global crypto market gears up for a significant bull run in 2024/25, Fetch.ai is a key player in my long-term portfolio. I'd love to hear your thoughts in the comments below and discuss this exciting project together.
Overview:
Fetch.ai stands out as a unique project that combines artificial intelligence and blockchain. Investors are showing interest in its innovative approach to decentralized machine learning and smart contracts.
Technical Analysis:
Current Price: $0.4
Short-Term Target: $0.5 - $0.6
Mid-Term Goal: $1
Key Points:
Strong Foundation: Fetch.ai's blend of AI and blockchain makes it notable, attracting attention and partnerships in the industry.
Positive Trends: Recent price movements suggest a potential upward trend. If FET breaks key resistance levels, it could move towards the short-term target.
Investor Confidence: Fetch.ai has positive sentiment with ongoing development updates and strategic partnerships, boosting investor confidence.
Strategy:
Entry Point: Look for entry points around the current price, especially during potential breakout scenarios.
Take Profit: It's wise to secure short-term gains in the $0.5 - $0.6 range, with a reevaluation for a potential move towards the $1 mark.
Risk Management: Implement a stop-loss strategy to manage risks given the inherent volatility of the crypto market.
In Conclusion:
Fetch.ai's unique features and positive market sentiment make a compelling case for the "road to $1." Always conduct thorough research and practice risk management before making investment decisions.
Note: This analysis isn't financial advice. Please do your own research before making investment decisions.
END IN 2-LEVEL ZONE*-Technical Analysis ๐
in bullrun and need rest this trend
*Trade (Sell) ๐
0.3935$
*-Stop Loss ๐ด
0.4154$
*-Take Profit ๐ฏ
0.3382$
*-Risk Management ๐ง
2%
๐จโ๐ Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
NEAR and FET: Similar Fakeout PatternsThe cryptocurrency world often surprises us with intriguing market dynamics, and today, we'll delve into NEAR and FET, two projects that have crafted similar fakeout patterns but may be charting different paths forward. NEAR executed a "sweep of the lows," while FET is forging a "double bottom" pattern, both aiming for a potential ascent to $0.55. Let's explore the nuances of these setups. ๐๐
NEAR's "Sweep of the Lows":
NEAR Protocol (NEAR) recently performed a "sweep of the lows," a strategic move designed to clear out sell orders at lower price levels. This maneuver creates a potential foundation for an upward movement.
FET's "Double Bottom":
Fetch.ai (FET), on the other hand, appears to be forming a "double bottom" pattern, characterized by two distinct price lows. This pattern often signifies a shift from a downtrend to an uptrend and can lead to notable price gains.
The $0.55 Target for Fetch
Trading Strategy:
Observation: Keep a watchful eye on the price action of NEAR and FET, and how they interact with their respective patterns.
Risk Management: Prudent risk management is essential, particularly when dealing with the inherent volatility of the crypto market.
Stay Informed: Stay up-to-date with the latest developments and news related to NEAR and FET that could impact their price trajectories.
Conclusion:
In the crypto market, similar patterns can lead to varying outcomes. While both NEAR and FET are eyeing the $0.55 level, the paths they take may diverge. As traders and investors, it's crucial to remain adaptable, stay informed, and exercise caution as you navigate these distinct journeys.
Remember that the crypto market can be as unpredictable as it is exciting. May your trades be prosperous, no matter which path you choose to follow.
โ๏ธGet my 3 crypto trading indicators for FREEโ๏ธ
Link below๐