📈Today, I want to analyze a project that has increased over 🚀 ➕500% 🚀 over the past month, but it seems that the time for correction has come; the project's name is Fetch.AI(FET) .
📚What Is Fetch.AI(FET)❗️❓
🔸 Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless,...
NYSE:FET has shown a lot of bullishness since SORA AI was released. The AI hype is real, and AI cryptos are performing very well. However, FET is now in a key resistance zone, and I am looking for a rejection here. This rejection could take 1-2 weeks to play out, and with a rejection I can see a move back down to $0.90 price levels. The resistance zone is between...
FETUSDT | Fetch.AI vs Tether
Hi traders,
Please note that the price of Fetch.AI (FETUSD) is currently experiencing short-term neutral fluctuations within a range (price range between $0.2595 and $0.2450).
Additionally, you should consider the possibility of the formation of a flag pattern, and if the support at $0.2450 is broken, this signal will be invalidated,...
BINANCE:FETUSDT
Possible Targets and explanation idea
➡️ Weekly fib legit. After AI narrative we saw perfect test 0.618 lvl
➡️ Still didn't sweep liquidity in 0.27 zone.
➡️ We can close at least 2 of green weekly gaps at least -70% again
➡️ Fundamental value based on Take Profit indicator last yellow line 0.14$
➡️ All lines are dynamic. After sweep...
As you can see on FET Fetch.ai Coin 4h Price chart price broke the key resistance level at around $0.30 and if price comes down to this level again there would be a nice buying opportunity.
Bullish pressure is building within the triangle placed, another falling wedge can also be placed on top of this, emphasising the bullish potential.
I expect price to rise out of this triangle and falling wedge, up well into the Gann range.
this is the Coinbase FETUSD chart.
super low volatility in this flag formation
Fetch also has a nice support at the 50 day moving average line, which has successfully been tested twice
I expect this to continue to move higher, probably more aggressively than it has been so far
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
An idea for Fetch.ai
Scenario one suggests continuation of the uptrend channel even though the price is below the 200MA which is the differentiating factor between the last two moves up after Fibonacci transition
I find the scenario the optimistic one, and the bull one I am rooting for
Scenario two suggests 3.618 of the uptrend, acts as resistance, along with the...
Idea for FETCH
Currently within a rising broadening wedge
will we see another bounce to continue the wedge or a fall below the dotted line, which would be bearish for fetch
Time will tell
Adam is usually identified as a sharper price point
While Eve is more rounded
In this chart you can see two consecutive Adam's and then two consecutive Eve's
Interesting honestly
This current Eve formation will likely pose a reversal to the upside
May be a second bounce,
may be a breakout further upwards after this recent correction
trending along 4.618 of the Fibonacci circle makes price extremely volatile
Hello everyone!
FETUSD is testing an important resistance and is inside a triangle. Hence I'm thinking that it will break the resistance soon enough and will test the upper edge of the triangle.
Take a closer look to Moving averages, both 100 and 200 touch an important candles, that boosted today's uptrend.
Good luck!
FET/BTC
-the upside push is definitely high but approaching strong key resistance area at 540 sat
-I do not recommend to buy the area current price level
-wait for a pullback at key areas or a consolidation above the resistance zone
-do not catch the price because the risk-reward ratio is no longer in your favor
-plus there is no logical cut point to place a...
Increase in volumes;
We've pressed the blue zone, which is a strong resistance;
You can also see a bullish wedge;
Input: 50% from the current zone and 50% after fixing above the gray area;
Stop: 0.029;
Teaks: 0.033-0.036-0.040.
Trade risk 2%
Before to trade my ideas make your own analysis.
Push ❤️ if you think this is a useful idea!
Thanks for your support!
