Fetch.AI(FET) is Ready to Correct 🚨➖40%🚨📈Today, I want to analyze a project that has increased over 🚀 ➕500% 🚀 over the past month, but it seems that the time for correction has come; the project's name is Fetch.AI(FET) .
📚What Is Fetch.AI(FET)❗️❓
🔸 Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.
🏃♂️The Fetch.AI (FET) is moving in an Ascending Channel on the daily time frame, currently near the Upper line of the Ascending Channel and the 🟡 Potential Reversal Zone(PRZ) ($3.60-$2.80) 🟡.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
💡For better analysis, we can also use the FETBTC chart .
💡FETBTC is near the Upper line of the Ascending channel and 🟡 Potential Reversal Zone(PRZ) 🟡.
🌊In terms of Elliott wave theory , FETBTC seems to be completing the Double Three Correction(WXY) , and I expect FETBTC to fall into the 🟢 Support zone 🟢 if Bitcoin corrects, we can expect a further correction from FET. 👇
🔔I expect the FET to start falling (🚨➖40%🚨) from the 🟡 PRZ 🟡 to the 🟢 Support zone 🟢 and Support lines in the coming hours .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Fetch.AI Analyze (FETUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
FETUSDT
Fetch.ai: Price Surge Fueled by AI HypeFetch.ai, boosted by the AI hype, is charting a 5-wave cycle on the daily chart. We're likely at the conclusion of Wave (3), approaching Wave (4), which is expected to hit the 38% to 61.8% retracement levels. However, it should not reach 61.8% as this would fall below the level of Wave (1). We anticipate the price stabilizing between a 38.2 and 50% retracement. For Wave (5), we expect to surpass the local high of Wave (3) significantly, although the exact target remains to be determined. We will provide updates, but a 100% increase is anticipated.
FETCH.AI/FETUSDTAI is dominating this year. Im on the charts my fellow crypto friends.
Lets double the price then, 5.6$ per coin target base on 2fibs base on The previous highs drop.
Trade at your risk, own it ofc.
This is not a financial advice.
Not hearing me post? well Here is my quant for AI.
Follow for more. Long term view is weird, Holder are safe on this, leverage can make you rich quick but can also blow your mind.
Follow for more. Trading is not for you if you keep chasing the euphoric emotions.
Stay safe, keep on grass crypto friends.
Weekly looking on charts makes you strong..
FET - Flag pattern - Waiting on Breakout - Daily ChartBINANCE:FETUSDT (1D CHART) Technical Analysis Update
FET is currently trading at $2.6813 and showing overall bullish sentiment
FET has formed a nice flag pattern and the price is waiting for breakout. IF the price breaks out then we have a good opportunity for long trade
Entry level: $ 3.01
Stop Loss Level: $ 2.04
TakeProfit 1: $ 3.73
TakeProfit 2: $ 4.4
TakeProfit 3: $ 5.7
TakeProfit 4: $ 6.8
TakeProfit 5: $ 8.6
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
FET/USDT bullish OB trajectory? 👀🚀FET Today analysis💎 Paradisers, let’s delve into the intriguing movement of FET/USDT. Currently, the price is approaching a bullish order block (OB) that we’ve refined on the 2-hour timeframe at the level of $2.2111. This level holds immense significance, and its ability to transition from a mere retest to a robust bullish move could lead to breaking above the previous high and continuing the bullish journey.
💎 After following a higher low trajectory, FETCHAI presents interesting scenarios. If the recent low breaks, we need to shift our strategy and pay attention to secret price action (SPA). In this case, we can expect a bullish rebound from below the bullish OB refined on the 4-hour timeframe.
💎 However, we must remain vigilant. If the price of NYSE:FET drops below the 4-hour OB, it indicates that bears are taking control. In such a scenario, we should consider short entries. Remember, it’s all about patience and having the right strategy
FET weekly analyzeGreetings everyone,
FET has experienced a significant correction of over 50% after a major pump and is currently in a resting phase. As shown in the chart, FET is experiencing a pullback to the broken pivot in the weekly timeframe, and we can anticipate it to find support and rebound between 0.18-0.25. It may be advisable to wait for this area to establish a new long position. Our analysis suggests that in the next round, FET has the potential to reach the price range of 0.81-1$.
We also recommend monitoring FET/BTC as it is approaching the support area in the daily timeframe. It may be prudent to buy in the spot around the pivot while keeping an eye on the price levels.
Please note that investing in cryptocurrencies comes with significant risks. It is always wise to conduct your research and consult with a financial advisor before making any investment decisions.
FET IS ABOUT TO PUMP 50% FROM CURRENT PRICE.FET is currently trading in rectangular trendline and is ready to pump from here. Long setup would be better choice.
FET/USDT bullish reversal scenario| 🚀fetch Today analysis💎 Paradisers, let's dive into the latest on FETUSDT. We've spotted it gearing up for a bullish reversal right from the FVG zone. But, there's a twist – it couldn't surpass its previous high, hinting at a possible downward trend. If it manages to keep up the momentum and bounce back from the FVG zone, we're looking at a strong chance for a bullish leap, aiming to overcome the resistance above.
💎 Another key observation is the price's stability above the EMA, suggesting that the bullish trend might still have some fuel. However, being the savvy traders we are, we're prepared for all outcomes. If it doesn't climb from the FVG zone, we'll set our sights on the next point of interest beneath the solid support, where we might see a rebound.
💎 But, let's trade carefully. If the price dips below our support line, it's time to rethink our strategy – shifting away from long positions. Patience and vigilance are our best allies in trading. Stay tuned for updates, and let's navigate these waters together with the ParadiseTeam.
MDT Will Moon Like FET - DO NOT MISS IT MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
MDT has had a very strong breakout , These breakouts can often continue longer than people think. MDT should have a breakout like FET and continue to moon. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade
Please watch the video for more information
FETUSDT.4HOn this 4-hour chart for Fetch.ai (FET) against Tether (USDT), we're looking at the price development and some key technical indicators.
Price Trend: There has been a recent downturn after a period of upward movement. The price has been on a general uptrend but has encountered a pullback.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which indicates bearish momentum. The MACD histogram also shows a decline, supporting this view.
RSI (Relative Strength Index): The RSI is near the 50 mark, which suggests a neutral market without immediate overbought or oversold conditions.
Considering the chart and indicators, I’d look for potential support levels where the price might stabilize and bounce back if the overall uptrend is to continue. It’s also crucial to keep an eye on the MACD and RSI for any signs of a shift in momentum. The neutral RSI gives room for movement in either direction, so I’d be prepared for both bullish and bearish scenarios, setting stop losses to manage risk accordingly. Since the chart lacks detailed price points for potential support or resistance, I would also consider the broader market sentiment and any fundamental news that could affect FET's price action.
Fetch.AI Potential Rejection at Key Resistance Zone: $2.15-$2.92NYSE:FET has shown a lot of bullishness since SORA AI was released. The AI hype is real, and AI cryptos are performing very well. However, FET is now in a key resistance zone, and I am looking for a rejection here. This rejection could take 1-2 weeks to play out, and with a rejection I can see a move back down to $0.90 price levels. The resistance zone is between $2.15 and $2.92. The RSI is also extremely overbought here as well.
FETBTCAfter BTC made a new high with a nice dump, the FETBTC Chart looks even better than never. The range we've been in for years, has been tested and acted as a strong support. Next target on the chart, I expect a quick and powerful move after the FETUSDT pair makes a new ATH within the next few hours or days!