FETUSDT trade ideas
FET is starting to look great-1D chartFET from the HTF is looking like it wants to get back into the trading range. IMO watch out for EMA12/21 crossing up while breaking the white box and it might get spicy. Nothing really to trade yet (on the HTF), just keep your eyes on FET daily chart.
FET Flag Formation 1H %18Hello everyone,
I am observing a flag formation on the 1-hour chart. It can be bought if it retests the resistance (0.5185).
The target (90.6142) will again be the upper resistance.
Just in case, the lower support (0.4572) 10% stop-loss should not be ignored.
Farewell
Update Fet USDT FET refuses to close below the trend line. Which is always a strong sign for the bulls.
Wait for confirmation at the green lines or box.
Target is red box.
Time to go longIf it breaks here next stop is 0.3. Risk reward is however pretty favorable if 2022 turns out to be a good year. This is a very strong coin fundamentally speaking. PT >7
FET USDTBounced clearly of 4h supply zone. If it breaks below 4h support i believe we will retest lower support before up. If 4h closes above current support, we most prob will flip the demand zone
Fibo levels of FETcrab harmonic pattern:
X=$1.44
AB=0.61 XA
BC=0.38 AB
0.78 XA=$0.467
1.6 BC=$0.534
0.88 XA=$0.791
2 BC=$1
2.24 BC=$1.5
2.6 BC=$2.81
1.13 XA=$2.86
1.27 XA=$6
1.41 XA=$12.52
3.6 BC=$14.84
1.6 XA=$37.47
4.23 BC=$41.46
FETUSDT is in the accumulation phaseFETUSDT is in the accumulation phase between the weekly structures.
We need to wait for a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Fet the right entryFet have a Hard resistance on 0.8366
4 hours close above 0.8366
we will visit these targets
stop lose is 0.6705
FET USDT LONGFET seems to found support. On the hourly the downtrend has almost broken . On lover timeframe brake + test .50 is for me the trigger to go lo BINANCE:FETUSDT ng.
I don't see LONG position from this momentWe can see some bounce up to $0.58, where was previous support. Now it will be strong resistance, so we need huge buys, to brake this line. At this moment there is no buyers. No higher high, no bounce. Main scenario is go down to $0.41, where will be main support. There is possibility to brake support for short time, but i think $0.40 is good place to check for reversal patterns. I don't see LONG position from this moment.
FET has room to drop until the next demand zone. 1:3 trade ideaThe volume profile is showing us a nice level of demand, I think we will bounce off the bearish trendline until we reach some demand down there.
I have positioned the target in the breakout zone of the current bear move, thinking about a retest up there.
The best situation for fetchIts best,Trendline and support zone and there is good bullish candlesticks in 4H
Good luck
FETUSDT STRONG DAILY SUPPORTFETUSDT ( Daily Chart ) - Technical Analysis
Entry : 0.0697 - 0.738
TP 1: 0.77
TP 2: 0.81
TP 3: 0.86
TP 4: 0.92
TP 5: 1.04
Stoploss : 0.083
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
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fet analysisin the chart i explaned investmant target and stoploss
managment is very important ; target med term
FETBreaking out of a ascbing triNgle inside a falling wedge with upper resiatnce at 81xents. Breakout 81 cents should see a very nice push. 73cents is support. 76 cents is breakout resistance. Should get an hourly close above 76 cents in 6 min. Watchig for volume to roll in and to see how peice reacts while above this rage. Might try an entry here shortly!!
FETUSDT UPDATEWe can see made a fake breakout below the uptrend on the daily timeframe which would have hunted the stops of any high leveraged longs and gathered the liquidity, now we can see price broke back above the resistance with a new bullish impulse followed by a correction to the 0.618 to form the right shoulder of this inverse H/S pattern. We will be waiting on the 4hr timeframe to see if the market will satisfy our entry rules BEFORE we can open any leverage long position.
