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Quite the run up! Congrats to the bulls!
No call to action yet on this one but, there are some Elliott Wave red flags being thrown. I am thinking .4889 is the price to reclaim. If it heads up there in a lazy fashion or just keeps going sideways, looking to play the proposed B/X wave down to at least the .31 area.
Cheers!
FETUSDT trade ideas
FET/USDTFET/USDT is showing bull flag in multiple (Hourly) timeframes once it breaks the flag and retest it den its a buy.
stop-loss = 15% below the average buying price
take profits are mentioned in the chart itself. DYOR.
NOTE - AI TREND IS STRONG AT THE MOMENT & FETCH.AI IS AN ARTIFICIAL INTELLIGENCE PROJECT.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
Fetch.ai (FET) formed bullish Shark for upto 46.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Fetch.ai (FET) with US Dollar pair.
Previously we caught more than 46% pump as below:
Now on a 4-hr time frame, FET has formed a bullish Shark move for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FETUSDT SHORT POSITION FET has been outperforming BTC these past couple of weeks. If we do see the AI narrative take over in 2023, then we will see this as one of the best performing ALTS in 2023. We currently tapped a resistance around - 0.4900 if we do break this level then I see 0.60 cents and 0.70 as our next big resistance levels.
Not Financial Advice.
Just My opinion. Goodluck.
Fet update fet has had a huge rally since my last chart..
Currently at an area of interest ..
Sat on the rising trend support, also the fib 0.618 as well as sat on old resistance, waiting for the 4hr Stochastic RSI to reset and turn up, aslong as it holds here, I'll be topping up in this region ready to begin another 100% move aslong as the AI hype remains and BTC behaves itself.
$FET sell the newsCHATGPT acquisition by Microsoft has led to a huge AI narrative pump...
... The only issue is...what fundamentally will sustain this AI crypto narrative?
Most of these AI cryptos do not have working tech, if they do, most of it is useless.
CHATGPT appears to have great tech, why would there be need for these crypto AI projects that don't even touch the sides of what CHATGPT does?
This could end with a huge sell the news event....
Keen eyes on the break of this RSI rising wedge
Bullish AI Narrative:FET has been outperforming BTC these past couple of weeks. If we do see the AI narrative take over in 2023, then we will see this as one of the best performing ALTS in 2023. We currently tapped a resistance around - 0.4700 if we do break this level then I see 0.50 cents and 0.65 as our next big resistance levels.
Not Financial Advice.
Just My opinion. Goodluck.