Fetch.AI FETUSDT - Elliott Wave +Ascending Channel breaking out!- Impulse Elliott Wave has been completed with 5 successful waves.
- Now the main ascending channel is being destroyed by bears.
- Looks like the bull market is over for 90% of all altcoins.
- Only few altcoins can survive long term, maybe FET can be one of them, but we need a correction first before another push to the upside.
- HODL Is a bad strategy for altcoins, HODL can work only with Bitcoin. Altcoins need to be traded instead.
Fetusd
$FET after 2 months of consolidation, a retest of ATH+?$FET looks like it wants it's next leg up. After consolidating for 2 months from it's run to ATHs in early September, it looks to me like it just broke above it's bearish/consolidation level and wants to move higher.
A break and close above the 50% retracement level at $.88 would be the signal that the next leg up is likely. From there, if it can break through it's ATH at $1.18, the higher targets are in order.
Fetch.AI FETUSDT - Elliott Wave + Ascending parallel channel!- Fetch.ai - FET - Rank #133 TOKEN.
- As per my Elliott Wave count, we are currently in the 5th wave, which can be huge!
- Also, we have an Ascending parallel channel with total 7 touches.
- FET Is prepared for another pump very soon!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Update on previous post, $FET looks great!Fet has broken out and retested the trend support. Nice bounce, retesting resistance. The chart also shows massive buy volume pushing the price above $1 before being brought down. There are some clearly massive buyers here. Keep a very close eye on $FET its time may be here shortly. Zoom out on the USDT along with the BTC pairs, it looks great.
Don't miss these prices. Clear use cases and lots of space to grow!
#FETCH #FET DAILY CHART TECHNICAL ANALYSISGiven the uptrend channels and approaching one of the important support levels, as well as the formation of a triangle-like pattern, one can expect the price to rise.
The Targets of this ascent achieved with Fibonacci clusters are:
target1: 1.1$
target2: 1.35
target3: 1.75
stop loss: 0.63
entry: 0.82-0.72
time: 1-5W
🥅 Fetch.AI -- Super clean accumulation(chop)The price is getting squeezed inside of the formation and will be forced to make a move either way. Symmetrical triangle is considered to be a continuation pattern, with higher odds of breaking to the upside.
Entry: buy at current price(lower part of the formation)
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About Fetch.AI:
Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable their collective learning. It was launched in 2017 by a team based in Cambridge, UK. Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to deploy machine learning and artificial intelligence solutions for decentralized problem-solving. These open-source tools are designed to help users create ecosystem infrastructure and deploy commercial models.
Source: coinmarketcap
FET at the apex of the triangle! Keep an eye on this one!Here's a quick Look at FET 8 hr chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a bigger break to the upside soon - the triangle ends in few days!
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 0.82$
2. 0.885$
3. 0.97$
4. 1.03$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
FET! Wealth swing set upFET! We been following this Bad boy for a minute.
It’s finally squeezing more and more. Expect to keep the momentum going.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
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FET. Wealth swing tradeFet is building this nice set up.
A combination from AI AND CRYPTO. Sounds good to me.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Subscribe and don’t miss out next swing research.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
FET, wealth creation swing trade.We might see a breakout anytime soon, this bad boy is based on A.I, the future of everything. I wouldn’t underestimate the power of A.I & CRYPTO TOGETHER.
The chart itself it is looking great .
Don’t miss out our next research on risk and reward swing trades.
As always we put quality over quantity, don’t forget to follow us for SWING trades research on risk and Reward Ratio.
Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
Thank you for the Love, I really appreciate those likes, makes a difference.
$FET ASSURANCEJust a forecast on how things are going. We are about to exit a head and shoulders pattern which should rise us up to around $.80.... the handle is getting ready to break ladies and gentlemen. cheers.
REMEMBER THAT INVESTING IS FROM YOUR RESEARCH NOT MINE. ALWAYS DO YOUR OWN RESEARCH AS THIS IS NOT FINANCIAL ADVICE!!!
LET''S PLAY $FET PREDICTIONS...🤔💭So my thoughts are there is a lot of resistance here around $0.83. Right now we are in a cup and I'm looking for a handle to develop. I think we will get a pullback to about $0.77 then a big push back to $1. The $1 mark also shows a lot of resistance so don't be surprised that it pulls back to the support between $0.94-$0.88 before it takes off again after that.
INVESTING INVOLVES DOING YOUR OWN RESEARCH!!! DO NOT USE ANY INFORMATION I GIVE AS FINANCIAL ADVICE AS THEY ARE ONLY MY THOUGHTS AND/OR OPINIONS!!!
Trade idea for FETHere's a quick Look at FET 4 hr chart. As we can see, the price has been rejected 3 times from the trendline and the best entry would be, when the price breaks above the trendline with good amount of volume. Definitely one to keep an eye on.
October is believed to be bullish according to S2F model and historically!
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The idea is: Buy the breakout from the trendline and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.875$
2. 0.945$
3. 10.3$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!