Priceline of World's 117th ranked cryptocurrency out of more than 2300 cryptocurrencies Fetch.ai (FET) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon. This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...
FET/BTC FET has failed to hold the golden Fib level at 600 sats areas and now the price is testing the key support between 500 sats regions or the last Fib 0.786. If FET can't get above this downward trend-line of support in the coming days, I expect 1 more leg down to retest the Swing Low at 470 sats area before re attempting to break the down-line resistance...
Enter when breaks 550, looks like forming a bottom
$FET is drawing a falling wedge without great sign of reversal If this one could go on a very old low red support line, we will watch it Not a Financial Advice
FET/BTC FET topped out as is recently hit the daily resistance block and 200 MA. There was a strong rejection and the retrace is bringing FET back down towards support. On the bright side, FET is in a falling wedge that SHOULD end right near the support zone. This is prime for a long position entry and push OUTSIDE of the wedge back up towards T1 at 600 sats....
A wave ends with an ending diagonal and it seems to be squeezed enough. R:R is nice for a short time frame. I think I'm going to take this trade. Wish me luck!
FET shows strenth while market is weak . It is a good sign . FET is forming a bottom possibly because we have 90% drawdown and good accumulation + weakness of seller . Potential growth is 300%
FET/BTC FET is on a deep pullback after breaking support at 650 sats area. The price has reached important key support and golden Fib 0.618. Can we expect a bounce from this key zone? If only FET can maintain this level for at least 48 hours, there will be a high probability of a pump will occur because the bears have failed to bring the price lower.
Last days/weeks we can see FET price moving between horizontal levels, if we measure last bigger move, we can see that price accumulating between fibs. if this will play once again, we can scalp on this altcoin 10-20% with SL around 5% down. Also RSI on H1 tf looking bullish.
Here is A Fetch.AI Call Buy In 662-667 Sell In 700-730
- Big volume at the bottom - Break out accumulation zone - Trend: bullish
FET/BTC FET is on a deep pullback and it's in the range of 0.5 - 0.618 Fib support area. If price can hold this level for the next 7 days, I expect a bounce will take place as the 50 Day MA plus the ascending trend-line support will give an extra boost to make the trend rising again.
watch for the break out... dips are for buying on that one
Hello traders, Here is a FETBTC setup, offering a very good R:R! My ideas are for entertainment purpose only and should not be taken as financial advice. Happy trading!
Hey traders, looking at FETCH.AI coin today trading on Binance. If you're in my Telegram group, you would've known to take profits at this 1st sell target area of 762 sats, now targeting 1134 for an additional 50% move up. Right now we're having heavy resistance at the 762 sat level, but we'll get through the turbulence. Anything under the 1st sell target is a...