#Fet 3DNYSE:FET 3D;
Fet, which continued its decline along the red downtrend, revisited the August’s IMB level. On the one hand, it continues to hold in the region, on the other hand, it continues to move towards the trend squeeze.
With a close above $1,741, it will start an uptrend.
It should be noted that it may retreat to retest the new IMB level that it will create after a close above this level. Therefore, for short-term holders, this level can be considered for profit-taking.
#Fet #Fetch
FETUSDT trade ideas
Artificial Superintellifence: Sell High, Buy Low (Sell!)This will be a major crash. FETUSDT (Artificial Superintelligence) has been strongly bearish since March, but this isn't enough, according to this chart.
Notice the descending trendline and how it has been working perfectly as resistance; perfect symmetry. So far six consecutive weeks of bearish action after a small bounce. These six weeks are a form of consolidation because while prices are moving lower no new major lows have been established, no new support levels have been tested. Six weeks is a long time in crypto terms.
This consolidation gives strength to the move that follows. The chart being 100% bearish, the next move is likely to be very, very strong.
This pair/project grew more than 6,500% since November 2022, it is only natural to expect a major flush before the next bull-market. Traders have to take profits. Whales have to take profits or else, what is the sense in trading?
Buy low to sell high.
People were buying when prices were low.
People are selling now that prices are still high.
When prices become low again, the last month of 2024, we will have a new buying period and this will anticipate the next bull-market, it will be fun.
Stay safe, stay out.
Sell high, buy low.
Thanks a lot for your continued support.
Namaste.
FET Solid Long Entry & TargetA few untested KEY levels below would be a nice place to enter a long trade if we get the reaction we are looking for. The target would be the Value Area High & other untested KEY levels above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
FET Ready For a Brake Out?Crypto has been trading sideways for months. We have seen some significant retraces with plenty of upside available without even braking previous highs.
This is a daily chart and looking at the time aspect of our gann box there is near perfect proportions with each pull back and now reaching the end of the projected cycle.
Looking at the wave trend oscillator we can also it has rotated to the down side and approaching the time range to rotate back to the upside.
Current Trading Plan is to target the $2.50-$3.00. This is a conservative short term target with oppertunity for much higher highs.
Trade Well....
Your Friend,
Degen
FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs.
Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum.
Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
FET god candle soon?!FET looks like it's deep in a complex correction, with Wave C now in play. The potential pullback zones could hit 0.382 , 0.5 , or 0.618 , depending on your risk tolerance. Once this retracement completes, brace yourself for a monster move—Wave 3 alone could unleash a god-tier candle, ripping through $1,000+ with serious force!
FETUSDTFETUSDT is in strong bullish trend.
As the market is consistently printing new LHs and LLs.
currently the market is retracing a bit after last LL, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg down could go for new LL.
What you guys think of this idea?
FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
FETUSDTFETUSDT is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 1.2500
What you guys think of this idea?
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend.
FET recently broke its diagonal structure and is currently sitting within the weekly demand zone.
I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs.
Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
Fet Rsi DivergenceA bullish signal on the RSI indicator signals that the price did not move in sync with the RSI; the price moved low, but the RSI moved less. This bullish divergence is an indication of strengthening momentum as show in the Fet chart. A bearish signal on the RSI indicator signals that the price and RSI are not in sync.
The price formed a higher move than the RSI. This bearish divergence is an indication of weak momentum.
Price action on #FETCH.AI#FETCH.AI has been trading within an 8 weeks channel up and rebounded it's price on the 1D MA50. Moreover we can also notice that the orderblock acted also as a support and helped the price climb higher. Now we are targeting a higher high in the coming days as a confirmation to our uptrend. Extra information gives us the RSI which indicates a good buy opportunity in the (sales) zone. Our target is 2.524$ level 0 of the fib retracement.