FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention.
This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets.
Currently price has formed a possible...
💎 FET has been a significant player in the cryptocurrency market, and its current position is key to its market trajectory. FET is undergoing a retesting phase at a support area, which was previously a key resistance level. If this retesting phase proves to be successful, we can expect FET to bounce off this support and continue its ascent, potentially creating...
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📈R/R:1 in two position
📊 (Entry) : 1.547
🔴 Stop Loss : 1.510
🎯 Take Profit : 1.590
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💎 Paradisers, let's focus on #FETUSDT, as the current trend offers a glimpse of a potential bullish turnaround from its vital support zone.
💎 Reviewing #FetchAi's latest market activity, we notice a significant 35% drop from its recent high. Yet, the steadfastness around the support level of $0.5718 suggests a doorway to an upward journey.
💎 Despite the hurdles...
Fetch AI validating its inverse head and shoulder breakout patterns here and well on the way to both targets $1.12 for the lower neckline and $1.234 for the higher neckline. Shown here on the weekly timeframe. *not financial advice*
💎 FET has recently encountered significant market dynamics, experiencing a strong rejection at the resistance of its all-time high (ATH).
💎 There's potential for the price to undergo a downward retracement and retest the demand area to establish new momentum before attempting another breakout.
💎 Alternatively, if FET manages to break out above the resistance...
#FET
The price is moving in a descending channel for 1 day
We also have a breakout of the channel to the upside
We have a strong support area at .5321 level
We have a higher stability moving average 100
Entry price is 0.6145
First target 0.6439
Second goal 0.6883
Third goal 0.7399
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On Weekly: Left Chart
After breaking above 0.6, FET surged by 80% and it is currently rejecting a major weekly resistance at 1.0 - 1.05.
📈 For the bulls to remain in control and take over from a macro perspective, we need a weekly candle close above 1.05.
On H1: Right Chart
📉 If the last major low in red at 0.885...
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MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
FET Is The Next BNB- Its a MOON Coin
It has very good structure and price action , it reminds me of how BNB set up last Bull market before it went parabolic
I would not sleep on it Please watch the video for more information
MartyBoots
FET is in a strong uptrend, that is confirmed. Now the question is, how far can FET go in 2024? I would say a 15x profit is definitely possible. We can see that the price of FET is inside the ascending parallel channel on the weekly chart. Also, the previous impulse wave + corrective pattern are complete. This is huge guys, if you want a reliable investment, then...
From where we entered "Start" on the chart, it looks like a bow tie diametric, and now we are completing the F wave of this diametric.
We have a supply range on the chart, which we have marked with red color. We can expect wave F to end in this area and see a drop for wave G.
For risk management, please don't forget stop loss and capital management
Comment if...
BINANCE:FETUSDT (4H CHART) Technical Analysis Update
FETUSDT is currently trading at $0.5686 and currently bouncing back from from support around 0.5358 and we expect it to hit the next resistance at around 0.6400.
Long Entry level: $ 0.5668
Stop loss: below $ 0.5206
Target 1: $0.5993
Target 2: $ 0.6400
Target 3: $ 0.7000
Max Leverage: 5x
Don't forget to...
This a combination of harmonic and smc analysis of NYSE:FET coin for the coming days in shaa ALLAH , it may be correct 💯 or may not DYOR
Targets and stop loss are shown on the chart
This just an analysis not a financial advise, take the responsibility of managing your money
Looking at the FET Daily chart it has undoubtfully been a big mover with very impulsive directional moves followed by massive sideways accumulation/distribution zones.
Bear Market low to current cycle high is nearly 1500%. An asset is never so high it can not go higher and never so low it can not go lower. Impulsive price rise is a sign of support and strength...
