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FETCH.AI/TETHER USD PERPETUAL CONTRACT

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FETUSDT.P trade ideas

Possible Double Bottom on FET/USD Daily ChartIf you're seeing a double bottom pattern forming on the daily chart of FET/USD, it could be a sign of a potential trend reversal. Here's what a double bottom typically indicates: Price Decline: The price falls to a support level (bottom 1), then rallies but fails to break significantly above a resistance level. Retest and Support: The price declines again (bottom 2), ideally retesting the previous support level (bottom 1) or forming a slightly higher low. This retest demonstrates buying pressure at that price point. Breakout: If the price breaks above the resistance level (neckline) connecting the two bottoms, it suggests a potential trend reversal from downtrend to uptrend. Target Price Based on Double Bottom: The technical analysis concept suggests a price target can be projected by measuring the distance between the neckline and one of the bottoms and adding that distance to the breakout point. In your case, if the neckline breakout occurs and the target is $3+, then the measured distance between the neckline and the bottom would be the difference between the target price and the current breakout price.
Long
by ParabolicP
2
Long Term Fet prediction! Weekly chart (Hopeum Edition)Please feel free to zoom in and out of the chart for better clarity. For quite some time I was stuck in 4 hourly daily charts. Given the current situation ,I personally avoided checking larger weekly time frames for quite some time until now. I am not saying we are out of the bag yet!!. It still feels like this bottomless well is sucking us in. Then I said to myself wait, this is how we are supposed to feel just before the tide changes direction. I felt the same when btc hit around $4000 last time. When zoomed out of the weekly chart, I noticed that only 2 buy signals generated(many common buy indicators are lighting up at the same time) First time this happened was back on march 9 2020 ish from that point price went up to ~1.2$ (roughly 11000% growth) I took these numbers as a reference point and also assumed supply increased by 6 folds over the last couple years. I estimated that during the next bull run $fet could possibly grow roughly 2000% percent .
Long
by SpaceCatZ
20
Let's try this again - FET ShortFET has hit a 6.85 just as it did in its last market cycle top. I think that from here there is a chance that it dumps down to the 2.618 area as an initial dump. This is approximately around $1.22. Once this initial dump takes place, it will likely do a nice bounce back upwards, which typically sets up another dump/short opportunity. This bounce will probably take us back up to around $2.50. So a nice long opportunity within a short opportunity. If this plays out as it did last time, you should be able to short down to around 57 cents. So first short - about 60%, counter trend long - 100%, second short op - 73%. That's IF this plays out the same way as it did last cycle. If we just continue bullish - my next upward target is $4.52.
Short
by LoneWolf1425
25
Alikze »» FET | Wave 3 or C bullish scenarioIn the daily and weekly time, after an upward cycle in the supply area, a complex mixed correction has been corrected to the 0.38 Fibo range of the previous wave, after which it faced demand. 🔰In the lower time, it went through a full cycle up to the green box area, which again grew up to the current area after a correction. 🔰If this wave is extended and breaks the resistance zone, it can continue to climb to the next zone, but if it encounters supply in the current zone, a correction cycle can be carried out to the previous major ceiling zone and then the continuation of the upward cycle. to do in the form of a large wave 3. If the behavior and structure of the post changes, it will be updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
2
📈Fetch AI can go high to $20 level / Alt Season rally📉BINANCE:FETUSDT COINBASE:FETUSD Hello traders. Fetch AI is my Second suggestion for the altcoin market. As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯 Considering the previous price rally, there is a possibility of a price correction to the middle levels of the pitchfork (dynamic and then static supports).🧨 The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲 In the following week, I will introduce and complete the list of my suggested altcoins. I plan to monitor these altcoins weekly.
Long
by CrazyS
3
Fetch.ai (FET)A new AI innovation, ChatGPT, is taking the internet by storm. The new software has woken up writers and internet users to what is possible with well designed AI software. like any new technological breakthrough, market participants will benefit, even if from the speculatory crowd looking to place bets through investments. Fetch.Ai, the an open-source network giving access to a machine-learning ecosystem powered by the Fet token and is rapidly expanding its reach by enabling access within the Cosmos ecosystem. Fetch.ai price today is $0.17 with a 24hour trading volume of 110 million dollar. FET price is up 10% in the last 24 hours and 80% up since last month It founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence lab building an open, permissionless, decentralized machine learning network with a crypto economy. The Fetch.AI mainnet went live in Jan 2020. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global data network. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micro-mobility), smart energy grids, travel.. essentially any complex digital system that relies on large scale datasets. If Fet breaks 0.2 resistance then 0.23, 0.25 and 0.29$ are next targets but if history repeat itself then August 2020 scenario can be possible too (0.07-0.1 is a dip for fet)
Long
by moonypto
21
Fetch.AI HTF Fetch.ai soon to be ASI (Artificial super intelligence) after the merger with Singularity (AGIX) and Ocean protocol (OCEAN) has been a victim of the recent altcoin market drawdown. As on of the leading projects in the AI space, FET surged to a high of $3.47, since then price has been retracing back down the range created by the rally previously. BEARISH: Now back at range low FET finds itself in a key area where the bearish trend can continue, break below range and continue to fall. This would be mostly influenced by a further sell off in BTC as alts are still at the mercy of Bitcoin. Should BTC continue to reject the '21 ATH and 4H 200EMA levels then price will naturally search for buyers with conviction. This chop has already been devastating to the altcoin market without a big flush. So this outcome is not improbable. BULLISH: On the bullish side we have a very good R;R HTF entry level at range lows, in addition to a fully reset RSI in the oversold area compounded with a very bullish divergence being shown on the High timeframes. All three of these conditions add up to a high probability entry IF BTC behaves. Naturally if BTC decides to sell off then so will altcoins and FET is no exception. However, in this probability game this setup is one of the better LONG setups you could ask for. Couple that with the AI narrative and good fundamentals this looks bullish.
by ProR35
Fetch.ai (FET) to print 70% correctionSince August of last year price action has risen to provide a 1700% return as forecast (long idea below). A number of reasons now exist to appreciate long risk far outweighs reward. On the above 8 day chart: 1) Price action has arrived at legacy resistance in the uptrend channel. Look left. This is also true for the FET.btc pair (below) 2) As with previous corrections price action prints a bearish engulfing candle following a strong up trend. 3) Everyone on tradingview.com is bullish, remember 90% of market participants lose money. www.tradingview.com Is it possible price action continues in uptrend? Sure. Is it probable? No. Ww FET Long idea, August 2023 FET.btc 8 day pair
Short
by without_worries
9