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FET / UST

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FETUST trade ideas

FET/USDT bullish momentum? 👀 🚀 FET Today analysis💎 Paradisers, turn your focus to FETUSDT, which is currently navigating within a demand zone, showcasing a pronounced likelihood of a bullish trajectory.. 💎 FetchAI has consistently moved within a descending channel. However, recent activity suggests a retest of its support zone, followed by a bullish inclination. As it surpasses the EMA 55, the probability of sustained upward momentum becomes more pronounced. Here are the potential scenarios to consider: 💎 If it approaches the .2119 threshold, there's a higher probability that it might aim for elevated levels. Interestingly, despite many novices potentially shorting this coin around this level, the odds lean towards a bullish outcome. Should it further ascend past the .2278 supply level, the probability of it nearing the resistance zone increases. 💎 On the flip side, if FET price descends below the .1991 support mark, the likelihood of a bearish downturn becomes more significant. As always, it's crucial to approach the market with a blend of strategic insight and caution.
Long
by MyCryptoParadise
FET/USDT Break the Descending Channel, Upward Momentum ??? 💎 FET has undoubtedly garnered our attention. Recently, FET triumphed in breaching the Descending channel pattern. In the lower time frame (LTF), FET is in the midst of a retesting phase, poised for further ascension. 💎 Probability Its eyes are set on the Supply area, a critical juncture for affirming a bullish stance. A successful breakout here is crucial. However, failure to do so could see FET retreating to nearby support levels to gather fresh momentum. 💎 However, there's a risk. If FET's breakout proves to be a false dawn, it could spell trouble. A return to the demand zone without sufficient buying pressure, leading to a breach below, could initiate a worrying slide for FET, potentially extending down to the next substantial Key support zone.
by MyCryptoParadise_Nathan
8
FETUSDT - Bullish Trendline BreakoutFETUSDT is displaying a strong bullish signal with a noteworthy 1-day and 4-hour trendline breakout. Notably, the price is now forming candles above this trendline, Additionally, there's a Bullish RSI divergence on the 1-hour timeframe, suggesting a potential bullish reversal. To capitalize on this opportunity, I've taken a long position in FETUSDT at the current market price (CMP) of 0.2180. For risk management, I've set the stop loss (SL) at 0.1990, ensuring protection against adverse price movements. My initial target is set for a 1:1 risk-reward ratio. Join me in this trade as we look to ride the bullish momentum While this analysis suggests a favorable setup, it's important to acknowledge that the cryptocurrency market is known for its volatility. Consequently, it's advisable to conduct thorough research and stay updated on market developments before making any investment decisions.
Long
by sunnytrader07
FET Next Move: Grab the Bull by the Horns! 🚀 - A Strategic Buy **Fundamental** * Fetch.ai is a decentralized artificial intelligence (AI) network that allows autonomous agents to interact with each other and with the real world. * The network is powered by the FET token, which is used to pay for gas fees and to stake for network security. * Fetch.ai has a number of potential use cases, including: * Supply chain management * Logistics * Energy trading * Healthcare * Financial services * The network is still under development, but it has a strong team and a clear vision. **Recent news** * Fetch.ai has recently announced a partnership with Bosch to develop AI-powered solutions for the manufacturing industry. * The network has also been listed on a number of major cryptocurrency exchanges, including Binance and Coinbase. * Fetch.ai is actively developing its ecosystem, and there are a number of new projects and partnerships on the horizon. **Disclaimer** Investing in cryptocurrency is a high-risk activity. The value of cryptocurrency can fluctuate wildly, and there is no guarantee that you will make a profit. You should only invest money that you can afford to lose.
Long
by MoonTradingForecast
FET - Cup and handle, bullish ideaLevels for FET - Weekly chart. Cup and handle. In its entire existence, it has not retested the gold pocket on Fibonacci. Perhaps it would have been better to retest 0.5, but even without such a retest, it formed a Cup and handle pattern. This is how I see it developing in the long run and in a bull market. FET is an AI token, so we can expect some serious development and a strong community too. I paid attention to it because it has been holding extremely steady throughout 2023 amid the collapse of alts. It's a bit risky at the moment because it misses the EMA 200, 50 and 21 With a serious downtrend in the market, it's possible it could go down to 0.5 or 0.618 Fibonacci levels. Would be great for accumulation. And I hope the rebound will be quick Disclaimer: I am not a professional trader. And this is not financial or investment advice. Many other important indicators are not included. For project stability and quality, always do your own research.
Long
by Ismania
Fetch.ai (FET) Price Dips in September – October's Direction UncThe price of Fetch.ai (FET) saw a decline following its failure to breach the $0.27 resistance zone on September 3rd, initiating a bearish trend. The situation remains precarious, as failure to secure a close above the $0.23-$0.24 Fib resistance range could signal the continuation of the bearish trend, potentially leading to a significant drop. Approaching the Ascending Support Trendline Since its rejection from the $0.27 resistance area on September 3rd, Fetch.ai (FET) has experienced a downward trajectory. However, it’s not all bad news. FET's price has been following an ascending support trendline since June 2022. Recent validations of this trendline occurred on August 17th and 22nd. These instances were marked by long lower wicks, which indicates buying pressure. The pace of increase accelerated after the last validation, propelling the FET price to $0.27 on September 3rd. However, it failed to breach this resistance level, which has persisted since May, resulting in the ongoing downward movement. In order for FET to commence a new bull run, it will need to surpass the 100 Exponential Moving Average. The 100 EMA acts as a mobile support and resistance. Currently, the 100 EMA is above the price, therefore the indicator works as a resistance. Williams %R is another indicator that we should look at. The Williams %R is a momentum oscillator that gauges the market. If the indicator is below -80, it means FET is oversold and expected to bounce back. If it is above -20, it is overbought and expected to fall back again. Currently Williams %R is approaching oversold levels, which coincides well with the ascending support trendline. Looking Ahead: FET is approaching an ascending support line, and the Williams %R is approaching oversold levels, which make a rebound on the table. However, for a rebound to take place, the price needs to break above the 100 EMA first.
by cryptohopper
Long trade #11 for Fetch.ai FET price with short stop-orderYesterday, the FETUSDT price behaved relatively restrained amid a rather rapid drop in the BTCUSDT price. Buyers managed to keep the FET price above the trend line, which has been in place for about a month. So today we will try to take a long as close to the same trend line as possible with the shortest possible stop order: Enter = 0.2206 Stop = 0.2169 (- 1.7%) TP = 0.2590 (+ 17.6%) P/L ratio = 10.5 We allocate $10,000 for this trade In the event of a mistake, we will lose $170 If the trade will success, we will receive a profit of $1760 What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
31