fetpriceanalysis
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Fetch.ai (FET): Navigating Bearish Momentum and Potential Recovery
#Fetch_ai #Fetch.ai #fetpriceanalysis #BinanceSquareFamily #Write2Earn!
Overview :
Fetch.ai (FET) has faced significant bearish pressure over the past week, aligning with the substructure of blue wave (iii). While the sentiment is temporarily bearish, a recovery is anticipated, with FET likely to climb past $1.74. However, if it breaches the critical support at $1.09, a deeper correction to blue wave alt.(ii) could unfold.
Key Levels to Watch :
Resistance :
$1.74 – A breakout above this level signals recovery.
Support :
$1.09 – A crucial threshold; a breach could lead to a sharper decline.
Deeper Low :
Below $1.09, further correction may target blue wave alt.(ii).
Current Outlook :
The bearish movement is interpreted as a corrective phase within blue wave (iii).
Probability of breaking $1.09: 27%.
Pro Tip :
For traders : Watch for volume confirmation near $1.74 to validate a bullish breakout. Set stop-loss orders near $1.09 to minimize downside risk.
Conclusion and Advice :
FET remains in a bearish consolidation phase, but recovery above $1.74 is expected. Investors should remain cautious of potential downside risk below $1.09. Patience and disciplined risk management are essential as the market seeks clearer direction.
#Fetch_ai #Fetch.ai #fetpriceanalysis #BinanceSquareFamily #Write2Earn!
Overview :
Fetch.ai (FET) has faced significant bearish pressure over the past week, aligning with the substructure of blue wave (iii). While the sentiment is temporarily bearish, a recovery is anticipated, with FET likely to climb past $1.74. However, if it breaches the critical support at $1.09, a deeper correction to blue wave alt.(ii) could unfold.
Key Levels to Watch :
Resistance :
$1.74 – A breakout above this level signals recovery.
Support :
$1.09 – A crucial threshold; a breach could lead to a sharper decline.
Deeper Low :
Below $1.09, further correction may target blue wave alt.(ii).
Current Outlook :
The bearish movement is interpreted as a corrective phase within blue wave (iii).
Probability of breaking $1.09: 27%.
Pro Tip :
For traders : Watch for volume confirmation near $1.74 to validate a bullish breakout. Set stop-loss orders near $1.09 to minimize downside risk.
Conclusion and Advice :
FET remains in a bearish consolidation phase, but recovery above $1.74 is expected. Investors should remain cautious of potential downside risk below $1.09. Patience and disciplined risk management are essential as the market seeks clearer direction.
FET/USDT
- Direction: Long
- Mode: Cross 20x
✔️ Entry Targets:
0.6618
Take Profits:
1)0.6684
2)0.675
3)0.6817
4)0.6883
5)0.6949
6)0.7015
➖➖➖➖➖➖
✖️ Invalidation Price:
0.59562
$FET #FET/USDT💪💪 #fetpriceanalysis #Signal🚥
- Direction: Long
- Mode: Cross 20x
✔️ Entry Targets:
0.6618
Take Profits:
1)0.6684
2)0.675
3)0.6817
4)0.6883
5)0.6949
6)0.7015
➖➖➖➖➖➖
✖️ Invalidation Price:
0.59562
$FET #FET/USDT💪💪 #fetpriceanalysis #Signal🚥
IS $FET STILL ON A RALLY? 🤔 Here Is The Answer 👇
FET has recently seen a massive price surge, rising by 71% in just 1 week! The reason is mainly attributed at the announcement about the new global Innovation Lab in San Francisco. Basically this Lab will bring forward advancing AI technologies in the context of decentralized and autonomous systems!
- Please, Don't Forget to Cast Your VOTE! 🙏
Currently, the market sentiment looks better, with the Fear and Greed index at 55, indicating growing interest in FET. Despite the previous selling pressure, FET is still above the support S4. Recently S4 was still a resistance, so for confirmation we should wait that the monthly candle will close above. Indicators like EMA 10 (weekly), ADI10 (weekly) and MACD (weekly) are looking bullish. ADX which is used to understand the strength of a trend, suggest a moderate/strong trend (32). FET's price is currently above EMA 10 and MACD signal is rising from below. Last but not least, the monthly candle features an extended lower wick, so if it ends at its current level in 3 days, it will form a bullish hammer!
According to this situation, I'll implement the following Strategy (+ Hedge):
I'll open a long position on S4 with stop loss at $1.044. Take profit on R1 (100%). In case the volumes won't be enough and the market will go against me, I'll open a short position on previous stop loss and take profit at S3 (100%). Stop loss for short position $1.2. Mind that FET's price is still trading below the monthly EMA 10! That's a medium term strategy, so my position may stay open for weeks! Further updates will come!💪
Will FET Reach $10 Before 2025? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝
#FetchAI #AIToken #Fetupdate #fetpriceanalysis
FET has recently seen a massive price surge, rising by 71% in just 1 week! The reason is mainly attributed at the announcement about the new global Innovation Lab in San Francisco. Basically this Lab will bring forward advancing AI technologies in the context of decentralized and autonomous systems!
- Please, Don't Forget to Cast Your VOTE! 🙏
Currently, the market sentiment looks better, with the Fear and Greed index at 55, indicating growing interest in FET. Despite the previous selling pressure, FET is still above the support S4. Recently S4 was still a resistance, so for confirmation we should wait that the monthly candle will close above. Indicators like EMA 10 (weekly), ADI10 (weekly) and MACD (weekly) are looking bullish. ADX which is used to understand the strength of a trend, suggest a moderate/strong trend (32). FET's price is currently above EMA 10 and MACD signal is rising from below. Last but not least, the monthly candle features an extended lower wick, so if it ends at its current level in 3 days, it will form a bullish hammer!
According to this situation, I'll implement the following Strategy (+ Hedge):
I'll open a long position on S4 with stop loss at $1.044. Take profit on R1 (100%). In case the volumes won't be enough and the market will go against me, I'll open a short position on previous stop loss and take profit at S3 (100%). Stop loss for short position $1.2. Mind that FET's price is still trading below the monthly EMA 10! That's a medium term strategy, so my position may stay open for weeks! Further updates will come!💪
Will FET Reach $10 Before 2025? 🤔 Let Me Know In Comments!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝
#FetchAI #AIToken #Fetupdate #fetpriceanalysis
PAIR $FET /USDT
- Direction: Long
- Mode: Cross 20x
✔️ Entry Targets:
0.576
☑️ Take Profits:
1)0.6223
2)0.6285
3)0.6346
4)0.6408
5)0.647
6)0.6531
Invalidation Price:
0.554
#FET/USDT💪💪 #Write2Earn #fetpriceanalysis
- Direction: Long
- Mode: Cross 20x
✔️ Entry Targets:
0.576
☑️ Take Profits:
1)0.6223
2)0.6285
3)0.6346
4)0.6408
5)0.647
6)0.6531
Invalidation Price:
0.554
#FET/USDT💪💪 #Write2Earn #fetpriceanalysis
$FET #FET #FetchAI #FET/USDT #fetpriceanalysis
My followers always used to ask me ~ ‘’ What to buy for long term ?’’ , I simply used to answer them ~ #FET without any doubt!!
See the reason of being bullish on this token is #AI . Every single sector is going to dominated by #AI ☄️
On 16 February,2024 I made you guys aware about why #Ai narrative is so bullish as Elon Musk is backing it all the time 👽
At that point $FET was 0.7218$
Now it’s 1$+ 🔼
You can’t become rich if you keep trading by doing fomo and being greedy all the time expecting to be rich within 1 Minute etc etc
I have big plans with #Ai narratives and I will be working with big investors further with it ~ Will be announcing soon about my plan related to this 😎
My followers always used to ask me ~ ‘’ What to buy for long term ?’’ , I simply used to answer them ~ #FET without any doubt!!
See the reason of being bullish on this token is #AI . Every single sector is going to dominated by #AI ☄️
On 16 February,2024 I made you guys aware about why #Ai narrative is so bullish as Elon Musk is backing it all the time 👽
At that point $FET was 0.7218$
Now it’s 1$+ 🔼
You can’t become rich if you keep trading by doing fomo and being greedy all the time expecting to be rich within 1 Minute etc etc
I have big plans with #Ai narratives and I will be working with big investors further with it ~ Will be announcing soon about my plan related to this 😎
$FET #FET #FetchAI
One of the most bullish AI coins right now.
Buy some and hold it.
One of the most bullish AI coins right now.
Buy some and hold it.