FETBTC trade ideas
Fetch.AI Trading Challenge!Attention folks!
Binance is conducting a trading challenge for Fetch.AI for 1 month starting tomorrow. They're gonna give out 400k. Fetch tokens for the winners.
=> Immediately after announcing this news, FET/BTC shot up with the Hourly candle, now leading to a Bull-flag. Watch out for a break & follow-through! Traders could drive the price higher, in anticipation that other traders are gonna play this for the rewards in the coming month.
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FETBTC bottoming process: Fetch.Ai support zones to watchFetch.Ai (FET) got the usual launch spike, but has been falling ever since.
There have been 2 clear Imuplses down, whose Ripples are well in control.
Expecting another small bounce, then a 3rd impulse to finish the retracement.
To be honest I am not trading this coin at all, too new for me.
But its behavior exibits the usual rythmic moves defined by Fibs.
So I thought to submit this plot for observation purposes not to trade.
FETBTC possible upward trend Sipmle: seems FET finally found support line and now trying to brake triangle and everything matches. I will update you shortly in a couple of hrs.
Love and light
$FET breaking from falling wedge, trying to cross above EMA50..
UCTS Buy signal on 4h/6h
MACD and RSI rising
Multiple RSI bullish divs alerts
ABCD bull pattern on the 12h
Crossing above ~5500 (with confirmation) could trigger the trade.
#FET
FET/BTC MACD Bullish DivergenceHello Friends,
Been painfully boring as fuc lately in crypto space. My OCD and dull life has forced me to find something of worth or anything of interest and I come up with this gem.
Looking at the 1 hr chart (any time frame) we can see that FET is incredibly oversold and yet it remains a great project. We can clearly see that we have developed a MACD Bullish Divergence and have the possibility of seeing a big bounce after we see the double top play out. I expect to see resistance as indicated then a dump and bounce as shown on this chart.
Details on the chart
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
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CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
$FET Not even the double bottom could hodl the sellout...
50% + down from March 1st...
Be very careful with this "ICO" coins that are sold to a very few people...
#FET (Warning) Do not touch for now. (Warning)
