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FET / UST

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FETUST trade ideas

Is #FETUSDT Primed for a Major Breakout?Yello, Paradisers! Are you ready to dive into the latest action on #FETUSDT? Let's break down the crucial moves and key levels you need to watch. 💎Currently, #FET is hovering around the support zone at $1.488, showing signs of a potential upward swing. If it can maintain this momentum, we might see a successful retest of this support level, leading to a break of the descending resistance. This could open the door for a challenge against even stronger resistance zones ahead. 💎The price has successfully completed a retest phase and is now gearing up to surpass the descending resistance. Patience is key here; wait for a clear breakout above the descending resistance level before planning any trades to ensure you’re not caught in a false move. 💎As experienced #FET traders know, navigating the cryptocurrency market is like playing a strategic game. While the current bullish momentum looks promising, it’s crucial to have a Plan B. If #FET fails to maintain its momentum and starts to decline, look for a rally from the lower demand level at $1.368. 💎If #FET drops below this secondary demand level, it’s a signal to reassess your strategy. Be prepared to adjust your bullish outlook and modify your trading tactics to align with the evolving market conditions. Stay sharp, stay focused, and as always, trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
FET - Entering accumulation zoneThis one is hard to base solely on the charts just because Ocean Protocol (OCEAN), SingularityNet (AGIX), and Fetch.Ai just merged into Artificial Superintelligence Alliance (ASI). These aim to be leaders in the AI space and combining could show amazing strength. Therefore, based on FET's chart it looks like a great accumulation range here's why: -Holding weekly 50 MA (green MA) - Double bottom on RSI (yellow line green arrows) *The last time RSI bottom here was during the FTX collapse It is possible to go a little lower into the "lower liquidity zone", but even at our current prices is a great time to start the accumulation process in case we do not drop in that zone.
by VIAQUANT
1
FETUSDT long Spot TradeFETUSDT Elliott Wave Technical Analysis Mode: Impulse Position: Wave (iv) of (3) Direction: Wave (iv) of (3) is still in play Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point. Next Direction: Wave (V) which will complete the next higher Degrees Wave (3) Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit. Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83