FETUST trade ideas
FET/USDT Chart Hi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
In the past week AI coins have been performing very well but how high can they go? For me it can take a while until these coin 5X or 10X, for now its just a money grab and a mid term play. The coins have a lot of potential, but for me there will be better entries. FET has a great run, but I think I am finally confident on shorting these one. The market of the coin is overvalued and the coin will go below the 0.19$ area. We can also spot a bearish divergence in the 4H chart. This is NFA.
Good luck in your trades!
FET Fetch.ai little reminderI see people got so super euphoric about AI tokens.
But take a look where current PA is at.
Nothing bullish unless downtrend is flipped.
Since 4.236 was triggered, 8.236 remains actual target
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
✴️ Fetch.AI | BULLS ConfirmedI initially shared this pair 8-December... All targets have been hit and beyond (See below)...
It went beyond all the mapped targets but there can be more.
We see three waves.
The fourth should be a corrective wave and then the fifth another high.
Remember the saying... What one does, the rest follows.
Expect the entire cryptocurrency/altcoins market to follow.
FetchAI (FETUSDT) bullishness confirms the bullish wave we've been predicting for the past month.
It is now only a matter of time before EVERYTHING speeds up UP!. 👆
Thanks for the trust and support.
Namaste.
FET/USD doing another push upFetch did allready very nice moves and it seems it wants to do some more. In my analysis I see we are in Wave 3/5 in elliot-wave theory which is normally the longest from all upwaves. I see still a lot of upside for the whole project so this is a longterm coin for me. In the meantime it's not bad to trade it a little to the upside.
my first profit points in the next days/weeks are:
TP1: 0.194 (21%)
TP2: 0.25 (56%)
TP3: 0.31 (95%)
Good luck to you all