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Fetch.AI / TetherUS

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FETUSDT trade ideas

FETUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a 4-hour time frame. As you see, we drew a support line. The price had a break of failure and started to move up. Currently, the price is moving above the resistance line, and if it stabilizes above the line, it can move towards its resistance. But if it drops below the support line again, it can fall further. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
FET is on a mega bull mission to the moonFETUSD has currently hit some key resistance and isn't the most beautiful chart out there, but FET has kept going up and up slowly. It has kept going back to retest all key breakout levels and then go back up again. Fetchai's market cap is currently at 590M USD, and it's inflation since launch seems to have been quite large (800%). FET was the first Binance IEO and it launched right at the bottom of the 2018 bear market. The initial ROI was very good for the investors, but then kept dumping relentlessly... Below I have several charts, and I will start with FETBTC as it is the most important one. What we see is an extreme capitulation, where FET fell >98% in USD and BTC terms. It's key capitulation happened in March 2020 were it dumped way harder than many other coins. Only coin with a very similar chart and a very similar dump on that day was Fantom, which you probably already know how well it has performed recently. So FTM has done very well, but so has CELR which was the second Binance IEO, as well as POLY which was added on Coinbase the same day FET did and it had a huge spike a few weeks after its addition. So overall FET has shown a lot of strength, especially compared to the majority of the market. It's fundamentals are strong with the Metallex airdrop and the relatively new 2.0 mainnet launch playing a role in its massive bullishness. So what's next? In my opinion over time FETBTC will get above 8000 sats, but in the short term the first key resistance is about 4500-5000 sats and I believe the final top over the next few months will be in the 8000-12000 zone. Short term there are many variables like what is Bitcoin going to do and how bad things could get on a macro level (regulations, stocks dumping etc).
Long
by BitcoinMacro
[Update] FET / USDT Triangle formation for big opportunity 240Hello traders, FET / USDT is in a symmetrical triangle in formation with volume reduction in confirmation. The price stabilizes below its support zone, a signal will intervene when the downtrend line check (blue) follows on the crossing of the hit line. The HNA indicates a reversal at this level in validation of a rise to come. With a strong possibility of breakout this compression to seek its previous zone of resistance, between a test of a bearish trendline is to be expected. This is not investment advice but a recommendation for use. Thank you for taking the time to read my analysis. I hope you enjoyed it. Comment your ideas in the space dedicated in description. Good luck with your trades, stay in your investor memory. If you like my posts, mash the like button👍 Please FOLLOW me, thank you!
Short
by stephanelibatd
🔥 FET Potential Bounce From SupportOver the last three weeks or so, FET has been trading alongside the dotted trend line. Every time the price touched the line, the price reversed. With the market going down this morning, it appears that FET has found support and is reversing. Most bullish case would be the continuation of this reversal, targeting $1 and potentially $1.1 in the coming week. Bearish scenario would be for the trend line to break. Bearish target placed at $0.67. Happy trading!
Long
by FieryTrading
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