$FET 1H Chart | Bearish Inverse Head & ShouldersMost likely NYSE:FET will continue downtrend to line up with massive head and shoulders pattern alike 2021 , from my previous post.
Keep some margin in pockets at this moment
FETUSDT.P trade ideas
Little short setup FET/USDTSince fet broke below the rising wedge we could expect a little more of a correction to the downside. There is alse a fvg on the 1H timeframe so that would me my target for this short. But remember. FET is a strong one. But a little correction could happen. This is my setup for it. Please leave comment what u think.
Happy trading. Thanks and CHEERS !
FET 1.724 Long The coin enters the bullish zoneFET 1.724 Long The coin enters the bullish zone
The coin enters the bullish zone needs to break through 200ma
Entry pattern breakout
First target 1.862
Second target 2.059
Third target 2.224
Coin is volatile leverage 10-20x max!
Stop short
$FET trade bias on the daily.Watching for a breakout here on NYSE:FET depending on btc price action and alt dominance, if btc keeps ranging and alts outperform AI been one of the promising sectors, NYSE:FET is a sure fire long.
would look to short otherwise.
Daily close a big factor.
NFA
FETUSDT LONG TRADESince the price has completed a Major Structural Break (MSB), we will now focus on accumulating FET at a spot price range of $1.4 to $1.5.
First Take Profit (TP): $2.2 to $2.4
Second Take Profit (TP): $3
Third Take Profit (TP): Moon/Price Discovery
FET IDEAFET Price Action is still looking Bullish and strong, but in the short term I'm thinking it's gonna drop a little grabbing some liquidity before continuing the uptrend (minor Correction) mostlikely a simple short ABC Pattern.
But in the mean time especially with BTC and BTC Dominance structures I'm not entering the trade in either direction yet. We'll wait for some confirmation first before Entering. Because also as we can see it's ata very crucial Point. (As a friend of mine says 'Do or Dump' zone)😅
So we'll be keeping an eye on it and further updates to come after breakout or Breakdown.
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
FET to two USDMACD signal line on the weekly chart is signalling an Uptrend and I expect a move to two usd to the fibonacci channel resistance at 2.03 USD in short term.
BTC will move to 68500 so the environment is friendly currently.
FET long setup if you missed the first oneWe see a resing wedge that broke below. The target from that is little above 0.5 fib. There is also a orderblock. If you missen the previous fet entry i posted. You may get a second chance. FET is strong and the target will be 2$ or even little above.
Please feel free to share your opinion in the comments. Thanks.
Happy trading. Cheers!
FETUSDT 1DFET digital currency has also left the downward trend and after correction again, we will probably see price growth up to the areas indicated in the image.
fetThe chart represents a bullish Elliott Wave analysis for Fetch.AI (FET) against Tether (USDT) on a weekly timeframe, suggesting a potential upward trajectory. Key support levels are marked around 0.2076, 0.8886, and 1.7384 USDT, while resistance zones extend to 2.1545, 3.4646, and 6.9048 USDT, with a possible high near 14.5522 USDT. Historical price moves show gains exceeding 1500%, and the projected path anticipates further growth, with corrections along the way, leading toward a potential peak by early 2025. The analysis points to strong long-term bullish momentum for FET.
FET - inverse head and shoulders - target $2.60- we also see FET has gained support on the EMA34,
- RSI is also holding above 50
target $2.60 seems likely.
FETUSDT.P showing up trendFETUSDT is showing up trend now.
Resistance and Trendline are broken showing up trend.
ENTRY POINT :- 1.6434
TAKE PROFIT :- 2.1749
STOP LOSS :- 1.2855
$FET Inverse Head & ShouldersFetchAI formed similar pattern to the one in 2021.
Golden cross will happen in a weeks, with massive MA reversal.
the hanging man move FETFET is showing a dik move to the downside, looking for long time at the tip. to move up
POC , FIB 0.168 , order block
inverted head and schouldersFET broke the neckline so we can expect some more upside to come. this is the setup i have made for it. if you disagree please feel free and comment below. cheers !
FET price = Artificial Superintelligence AllianceWhat do you think?
Maybe it's time for the united alliance of artificial superintelligence to get off its knees after such a humiliating drop in its price?)
Looking at the OKX:FETUSDT price chart, we can assume that someone has bought it tightly and is now trying to prevent the price from falling below $0.77-0.80
Will there be a x2 increase in the CRYPTOCAP:FET price or not?
A great altcoin for the next rallyFetch.Ai is a great choice for the upcoming alt season.
Target prices:
TP1: 5.0
TP2: 9.25
TP3: 15.0
Invalid below 0.80
Buy Signal Based on Head and Shoulders Pattern in fetch.AIThe Head and Shoulders pattern is clearly visible on the fetusdt chart. This pattern is identified as a reversal signal from a downtrend to an uptrend. A new uptrend is expected following the breakout of the neckline.
Additional Notes: The breakout of the neckline suggests a trend reversal from bearish to bullish. It is recommended to consider other indicators and technical analysis for confirmation.
FET New Bullish Trend About To Start 📈The Main Pattern Clearly Formed At The Chart Is a Bullish Flag And Currently The Price Playing Below The Crucial 1.4$ Resistance Area, My Expectation Is Strong Breakout From This Level And Start a New Bullish Trend Toward a 1.76$, 2.8$ And 5.2$ As a Mid Term Target
FET USDTBullish, positive break a few days ago, targeting $3 in the coming days
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FET set to go higher in near termWe’re seeing an inverse iH&S, with the price moving above the cloud and the 100MA on the daily timeframe.
Despite low retail liquidity and the current weakness of altcoins against BTC, this setup points to potential price appreciation, supported by upcoming rate cuts and cash injections into the crypto market.
Also, it has the AI appealing narrative.
FET/USDT 15mNYSE:FET is one of the leading AI projects in the crypto space, earlier this year it saw a meteoric rise in price up to $3.5. Since then price has dropped around 80% to a local low of $0.70, now recently price has grown and broken the daily downtrend rising to a local high of $1.44 +105% from the lows creating a dilemma for traders...
From previous price action we know that NYSE:FET is capable of huge moves, it's a fundamentally sound project with a strong narrative behind it. Finding a good entry to buy FET if sidelined or add to a position if already positioned can be tricky so these are my thoughts:
- HTF FET has broken the daily downtrend is is looking to reverse. Altcoins have been at the mercy of Bitcoin so it requires BTC to behave too. After an -80% correction a lot of the downside risk has already played out.
- LTF we have seen a strong recovery, if you has bought local lows at $0.70 you would have outperformed the entire drawdown of the last 6 months (assuming equal position size). So the feeling of FOMO can start to creep in at these levels.
- The chart shows potential points of entry on the LTF, obviously we may continue to drawdown, it's always a possibility but we have seen signs of strength and therefore opportunities to go LONG.
- Local range low @ $1.273 is the option with the best return out of the 3. Clearly strong support that was the base for the last local rally.
- Current level is an interesting one because it incorporates a LTF diagonal resistance trendline that would be bullish if broken. This combined with a range support line (0.25) could be a good option for a LTF entry.
- The final option is the 0.5/ Midpoint entry. This would mean flipping the 15m 200EMA bullish and reclaiming the midpoint making it the safest of the 3 entries but least rewarding, offering +6% return instead of 9% & 13% respectively.
With all this in consideration, NYSE:FET is one of the better altcoin options in the markets current state. IMO we still don't have a clear market direction just yet and so being nimble with positions is a must, but it does feel like the worst is over and if that is the case then a position in FET could be positive for a portfolio.
