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FET

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
Higher Breakout FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Bitfinex and you can clearly see this pullback is a Bullflag ! Shown in-between those black lines . The purple lines show the length of the flagpole on our last rise up that took us to 2500 area . That flagpole was at least 1200 sats high and when we break out of this Bullflag we will be going up by at least that much upwards . So if we break out near 2200 sats, give or take - we should then be targeting 3200 to 3400 area , and possibly higher ( I won't be surprised if we wick to 3700 area . ) But 3200 is a strong weekly resistance , and 3400 is the .236 fib of our full fibs on the Binance chart so I expect to hit resistance there . At any rate this looks great and will continue to do well the rest of 2021 , at least .
Long
by shimmeringpath
🔥 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 $0.67. Happy trading!
Long
by FieryTrading
7
FET / USD - LONG TERM FROM MY POINT OF VIEWFET / USD - LONG TERM FROM MY POINT OF VIEW If we continue the aprox. same pattern, something like that can be the results. BEAR1: -98.64% LOSE - 0.546$ - 0.007$ BULL1: 2481.39% GAINS - 0.007$ - 0.192$ BEAR2: -81.82% LOSE - 0.192$ - 0.034$ BULL2: 2492.77% GAINS - 0.034$ - 0.906$ BEAR3: -82.59% LOSE - 0.906$ - 0.157$ BULL3: ?????????? % If you like the technical analysis made by me, don't forget to leave a like and I'm definitely waiting for your opinion in the comments section. Have a nice day!!!
BINANCE:FETUSD
by GabrielHulban
1
Flex Your Muscles FET/BTC #FET $FET #FetchAIWow ! Look at that huge candle up on $FET ! I had predicted 1920 as a target area before and we hit that target last night ! As you can see we are now inside that light purple line of our colorful Gann Fan indicator . Below us the bottom of that line ( 3/1 on the Gann) is basically at 1550 sats which was our previous resistance . In other words we may have just flipped our resistance into a support ! I suspect that is the case but it's always possible to retrace below there at some point but for now all looks good . Above us the top of that line ( 2/1 on the Gann ) is around 2150 - we may hit there and then cool off a bit but notice that target symbol on my chart ? That's also showing you the 1.618 fib which is at 2398 . So we may see that target soon as well , Above that you see a green checkmark which is also near our strong weekly resistance area near 3200 - and that won't be easy to break through . I suspect we get there by Halloween but may retrace hard before we break up from there ( no doubt Bitcoin will be going for higher highs too ! ) Anyway I still think FET is playing within a Gann Fan and will see 5400 sats in December . Right now FET is flexing it's muscles !
Long
by shimmeringpath
4
Fetch.ai (FET) 5% Gain to ATH, Expect $1 FET Soon!Fetch.ai (FET) 5% Gain to ATH, Expect $1 FET Soon! Fetch AI (FET) has been in a very strong bullish continuation pattern since the Fast and Slow moving average crossover. We can expect a NEW ATH at the 127.20% Fib level @ $1.10. Fetch has been in a bullish continuation pattern since 24/07/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch broke above the 38.20% fibs with a 115% gain from the buy signal from our script from the 24th July to 11 August. From this bullish momentum from the 24th July, FET has shown little to no selling pressure retracing on every bullish move up down to the 78.60% Fibonacci level showing us weak retracements as traders take profit, but we are still in a very bullish sentiment and the Bulls are very much still in control.Happy Trading $FET #LongFet Key Notes on Fetch AI: Fetch.AI (FET) is a combination of Blockchain and artificial intelligence (AI), an ambitious project aimed at creating a fully automated economy based on autonomous “authorized agents.” Artificial intelligence and online agents will be used to perform various tasks that can simply be done by booking a hotel. Or more complex tasks such as weather modelling or supply chain design effectively. Benefits: Through its 3-layer structure, Fetch.ai proved superior to other protocols with the following advantages: The elements (people, hardware, services, …) inside Fetch.ai can operate separately and in parallel with each other but can be quickly connected. Fetch.ai simplifies the deployment of algorithms, IoT and complex systems. By using the AI ​​/ ML architecture, it allows software devices and agents to find each other, learn from each other and exchange value with each other, enhance and optimize solutions for Daily problems through intelligent connectivity, ML and AI. Applicable in many fields, from transportation to tourism , even heavy industries (like steelmaking) can use the Fetch.ai protocol to improve performance and productivity. As a platform that combines technologies that are considered to be the “future”: blockchain, Machine Learning (ML), artificial intelligence (AI).
BINANCE:FETUSDLong
by CryptocurrencyMagnet
6