Fetch.AI (FETBTC) is new so there is no data on the chart.
What you can see here is the support and resistance levels marked. Based on the candlesticks closing, we can know FETBTCs trajectory.
Fetch.AI (FET) Overview
Fetch is a decentralised digital representation of the world in which autonomous software agents perform useful economic work. This means that they can perform tasks, such as delivering data or providing services, and are rewarded with a digital currency for their efforts — the Fetch Token. These agents can be thought of as digital entities: life-forms that are able to make decisions on their own behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for example). Fetch's digital world is exposed to agents via its Open Economic Framework (OEF) and is underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the value of the network as it is used. Fetch can be neatly interfaced to existing systems with minimal effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to Fetch and watch markets spontaneously form from the bottom up.
What's your take on Fetch.AI? Where you think is headed next? What's your opinion about this new cryptocurrency project?
Please share your thoughts in the comments section below. All information is welcomed.
Please take a look at our idea and let us know what you think!
eletronauta
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could you add coments about how candles are going?
AlanSantana
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@eletronauta, Too little data for me to predict any movements.
AlanSantana
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@eletronauta, But I can see a retrace followed by a jump.
This can vary wildly. Sometimes these things go down for very long before moving up. Other times then go up, retrace quick and continue moving up.
With a fresh chart like the above, it is hard to predict what will happen next.
Namaste.
eletronauta
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@alanmasters, thanks.
eletronauta
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@alanmasters, how are you brow?
In my opinion it made 5 Elliott Waves in 1 hour chart, and now is accumulating to start wave 3 of a bigger moviment. What do you think?
rhasan1987
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lost 25% of my investment on this... my fault though... but i'll get back all my money cent by cent from this. today, tomorrow, whatever.
@alanmasters, I'm pretty new at this... I was on Binance waiting for the start of the drop... bought in at 00013688 i think... then next day i panic sold because of what happened with ONTGAS (that coin is still not close to the first day's candlestick i think)... i've recently left my job to start day trading crypto full time because i made decent money in the last 3 months... but there are some noob mistakes i'm making... especially with the pressure of knowing that this is my primary source of income.... so yeah, yesterday i sold off fearing that ONTGAS story will repeat again.... one thing i'm learning, never try to catch a coin at drop lol. your analysis is pretty nice, i love reading them. any "shareable knowledge" for day trades? do you do them at all? do you mind sharing here? i'm sure it will help out a lot of people (including myself)