Double bullish divergence formation on BINANCE:FETBTC after a bounce from MA200.
Entry: 0.00000484
Target 1: 0.00000521
Target 2: 0.00000548
Target 3: 0.00000597
SL: 0.00000462
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On Oct. 25, BINANCE:FETBTC had a +60% breakout out of its long downward trend. Even with a the current 12% pullback BINANCE:FETBTC is at +48%. Also, the 61.80% Fib is where the previous resistance was that FET broke out of. Add to that, the EMA 10 and 21 had a bullish crossover, the AO is flipped above 0, and the RSI is above 50. I am watching for a pullback...
As you can explore on official website Fetch.AI is a decentralized digital blockchain in which useful economic activity takes place. This activity is performed by autonomous agents delivering solutions to tasks like deployment of algorithms, IoT and complex systems. The most interesting part of the project is that activity of agents based on machine learning...
New LTF updates with additional levels for FET. Not touching my position as I already bought +averaged up, but wanted to display the new intermediate levels
Fetch.AI (FETBTC) is now above resistance and starting to gaining momentum up.
The next move can easily push its price towards EMA100 at 0.00000699.
Additional details can be seen on the chart.
Thanks a lot for reading.
Namaste.
As expected, FETBTC broke out from the pennant with good supporting volume. It has now reached a point of resistance and a retracement to 480 sats is a possibility, which would provide a good entry point if it holds. Otherwise, a break and hold above 506 sats should initiate a move to the next targets at 550 and 575.
$FET
Waking up
Crossing above ~460 sats resistance & EMA50 w/ decent volume on the 12H chart
If manages to hodl/flip current level, then aiming for ~500/580sats as targets
UCTS buy signals on the 12H & 1D charts (50% Off access still available on cryptontez.com)
#FET
Volume rising at a scary pace and a double bullish divergence, we would wait for a retest to jump into it.
Entry: 0.00000469
StopLoss: 0.00000450
Target 1: 0.00000514
Target 2: 0.00000546
Target 3: 0.00000603
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments....
Lower timeframe version of my FET long.
Looking to average up on a 456 retest or after breaking out of 468
The long is looking like a winner so far, especially with ALTs benefiting a more bullish overall sentiment
FETBTC is nearing the apex of the pennant its been forming in the last couple of months. It reclaimed an important support level and is now showing a steady increase in volume. The current favorable sentiment for alts is making me lean towards a positive/upwards break of the pennant, with targets being the highlighted previous support level and beyond.
