BTC: Papa ich1baN Here Again to hold your handGuys, no worries. Papa ich1baN has you covered. BTC is performing just as it should (Elon or no Elon) and we are doing perfectly fine as we just touched the 21 Week EMA which is absolutely crucial to continuing a healthy bull market that will now ignite an altcoin run like none other. Do not let dips like the one we just witnessed worry you - instead you should buy these dips with aggression.... we are no where near a market cycle top and we won't hit the cataclysmic numbers you will see most traders post about here after a dip.
Just to give you an idea - in the 207 bull market, we touched the 21 Week EMA (sometimes for 1-4 weeks in a row) 6 separate times. After each touch, the bull market continued higher. This is the first time we have touched the 21 week EMA this bull market cycle. So if 2017 is an indication... we are still super early :)
If you want a slice of reality - as always follow me and my ideas and you will win in life.
Just as I predicted correctly EVERY single major pivot and turn in BTC and the resulting consequences while 100% of other traders were extremely bearish after previous dips, extrapolating out stupidly low numbers that make absolutely no sense creating converts to follow their stupid ideas to shake them out of their positions and cause them to buy higher - I merely suggest buying and holding and if you did trade out at the recent peak, congrats... now GTF back in :)
Altcoins I own for the coming 1st altcoin season that will likely peak by end of May / June / July (in no particular priority):
- FTM - Layer 1 Network Solution w/ zero fees similar to Solana / AVAX, etc
- ONT - DeFi Exchange / Staking / LP / Digital Identity
- RAMP - DeFi Lending / Collateralization / LP
- FET - Artificial Intelligence Network / Digital Commodities Exchange via Metallex / DeFi via Atomix
- UNI - no explanation required
- LINK - no explanation required
FETUSDT
FET: RSI Gearing up for Major Move to $8-$9 Range by June/JulyYes it is indeed looking more likely that we will have 2 major peaks in this bull cycle altseason and FET (Fetch.ai) is one of my favorites to perform beautifully.
The reason I like coins like FET is that they have a beautiful market structure that they JUST corrected 50% or more from in the last 1-2 months to their previous critical market structure and have bounced beautifully from that previous critical market structure.
FET fell 62% from its recent high and tested the previous critical market structure level of around 0.33 cents. As you can see FET performed magnificently and bounced from that critical market structure level meaning it is about to gear up for a major power play move to new ATHs ... possibly way beyond $10 in the next 1-2 months. You'll want to position before this occurs - stay tuned :)
On the TA side, the RSI is at a very healthy level and rising with PLENTY of upside room - we are in the right place at the right time.
Fetch.ai massive 2y C&H + Livermore's speculative chartFetch.ai case study
A massive 2 year long Cup & Handle with a price target of 1.0 USD (conservative) or 13 USD if the percentage increase of the cup is used. Please see chart.
If we are currently at wave 8 of Livermore's speculative chart, wave 9 and 10 should be massive. If not and we are at wave 12, further downside is likely.
This is not financial advice. Please do you own research.
FET: Autonomous AI Economic Agents PT: $8.40This is perhaps one of the more hidden gems in the tech / blockchain space. If you don't know anything about FET yet, take some time to read about it here in their latest dev post:
aea.dev
Tyler Winklevoss has posted on TSLA using Autonomous Economic Agent frameworks in order to create a truly autonomous driving experience - there's a chance we see TSLA and FET teaming up in the future imo and even if not, FET has lots of headway from other major corporations - BOSCH is already a partner in this framework.
FET is basically the new IOTA. IOTA attempted many of these ideals but failed to see the vision through. FET is actually the real deal backed by the most prestigious researchers and programmers. Top notch dev team.
Fetch.ai (FET) Update 13/04/21: 88% Gain to New ATHFetch.ai (FET) Update 13/04/21: 88% Gain to New ATH at the 161.80% Fibonacci level @ $1.125
Fetch.ai is currently sitting just above Buy Zone 2. The current Stochastics showing an extremely oversold market, we expect Fetch to test the previous ATH @ $0.88 and further $0.92 at the 127.20% Fibs before testing our April target which is a 88% Gain to New ATH at the 161.80% Fibonacci level @ $1.125. Since reaching a new ATH on the 31st March @ $0.88, we have temporarily lost momentum in the current push phase, retracing down 37% to $0.54. A double bottom formed on the 7th and 13th April, both being met with huge rejection from this key support which signifies that they are still Bulls in the market currently poised to start pushing the price back to ATH levels.
1 of 2 scenarios could play out from the current price level; Scenario 1: If we break the structure support where the double bottom formed, breaking below $0.54 and the 61.80% Fibonacci level would signify bearish sentiment in the short-term.
Scenario 2: Which is the more probable scenario from here; we would see a similar jump in price from this previous key level as seen before with a 56% gain from 21/03/21 to 28/03/21. Note this move to the 161.8% Fibonacci level may not be a straightforward move back up but may happen in 2 to 3 different push phases. Use Buy Zone/ DCA Zone to map out your Buys. Happy Trading :) $FET #Hodl
Update 30/03/21 Fetch.ai (FET) 21% Gaint to New ATH accumulate more coins from DCA zone. Happy Trading :). FET has been in this beautiful continuation pattern, See previous analysis below.
Update from 20/03/21 Fetch AI (FET) very strong bullish continuation pattern 56% Gain from Buy Zone 1 to the 127.20% Fibonacci level
Fetch AI (FET) in very strong bullish continuation pattern NEW ATH at the 127.20% Fib level @ $0.91. Fetch has been in a bullish continuation pattern since 01 /03/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch reached a new ATH @ $0.76 14 days after the buy signal triggered. From this bullish momentum from the 1st March to 14th March 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. Since the 13EMA crossed up signalling a buy signal FET has failed to test the 50SMA until 18days after the start of this move towards the ATH @ $0.76 (18/03/21) where we saw a big wick rejection on the Daily chart showing strong upward pressure in the market from this key resistance level . Use Buy Zone 1 to map out your buys, we expect a bounce from this level back towards the ATH and further 127.20% Fibonacci level @ $0.91 with a potential 56% Gain from this level. With the release of Fetch AI's mainnet 2, we expect the bullish continuation pattern to continue as new partnerships will be announced shortly after the release of the new mainnet on the 31st March 2021. 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).