Trade idea for FETHere's a quick Look at FET 4 hr chart. As we can see, the price has been rejected 3 times from the trendline and the best entry would be, when the price breaks above the trendline with good amount of volume. Definitely one to keep an eye on.
October is believed to be bullish according to S2F model and historically!
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The idea is: Buy the breakout from the trendline and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.875$
2. 0.945$
3. 10.3$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
FETUSDT
FETUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, we drew a support line. The price had a break of failure and started to move up.
Currently, the price is moving above the resistance line, and if it stabilizes above the line, it can move towards its resistance.
But if it drops below the support line again, it can fall further.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
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).
$FET$FET is right below the 20EMA after the bounce off the 50EMA. If it crosses the 20EMA it should get back to $1 easily then an attempt at the ATH. The 4hr chart shows $FET coming back to retest the breakout now. The movement forward should be approaching soon. RSI should cross 50 soon and let's hope for another gain like yesterdays.
THIS IS NOT FINANCIAL ADVICE! PLEASE DO YOUR OWN RESEARCH.
FETCH FET / BTC idea to watchIn this case price formed triangle shape, which can be bearish, and considering placement of this shape I think chances for breakdown are higher.
This shape is also found in Wyckoff Distribution models.
Looking for targets near 1500 sat
USD target can be found on pic below:
Best regards
Artem Shevelev
FET/USD Longterm and Livermore's speculative chart updateFetch.ai case study
It seems like altseason is under way and my guess is that the price of FET should come close to the upper trendline IF BTC and ETH remains strong.
This is not financial advice. Please do you own research. Protect your capital at all cost.
FET / USD - LONG TERM FROM MY POINT OF VIEWFET / USD - LONG TERM FROM MY POINT OF VIEW
If we continue the aprox. same pattern, something like that can be the results.
BEAR1: -98.64% LOSE - 0.546$ - 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!!!
Fetch.AI FETUSDT - Bullish rectangle consolidation- Fetch.ai - FET - Rank #122.
- On the chart can see a bullish rectangle consolidation.
- Which is currently breaking out!
- FET Is prepared for another pump very soon!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Fetch.AI FETUSDT - New All time high soon! + Elliott Wave- Fetch.ai - FET - Rank #122.
- As per my Elliott Wave count, we are currently in the 5th wave, which can be huge!
- Also, we have an Ascending parallel channel with total 7 touches.
- FET Is prepared for another pump very soon!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
FETCH FET/USDT - Long - Do not sleep on this!FETCH FET/USDT - - Long - Do not sleep on this!
For those that have been following me, I hope you have been taking profits along the way! As you know I only trade with a minimum of 5 confluences including price action. No indicators!
Please feel free to like, comment and follow - always happy to chat with traders.
Thanks
TraderPaps
Fetch.AI FETUSDT - Elliott Wave + New All time high soon!- Fetch.ai - FET - Rank #145.
- As per my Elliott Wave count, we are currently in the 5th wave, which can be huge!
- Also, we have an Ascending parallel channel with total 7 touches.
- FET Is prepared for another pump very soon!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
FET ready to fly. Waiting on a breakout and hold above 1550I am mega bullish on Fetch.ai, Only a matter of time before this moons. Great project, great fundamentals, great team. Watch for a breakout of the 1550 area to prepare for an absolute rocket shot towards its all time high on the BTC pair. Will update this as it happens. Run seems to be starting now after accumulation over the past week. Should be a pretty easy trade to capitalize.
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