FETUST trade ideas
FET/USDT Strong Support and AI Narrative Fuel Potential GrowthFET/USDT is presenting a compelling case for traders right now.
With strong support at the $1.5 level, positive technical indicators like the bullish divergence on the Stochastic Oscillator, and a growing AI narrative, FET has the potential to reach $2 in the near future.
Traders should consider this an optimal buying zone, but as always, it’s important to stay vigilant and monitor market conditions closely.
Strong Impulsive Move Toward a New ATH Is Just Started 🔎 Let’s Look At The FET Chart At Daily Timeframe, Clear Inverse Head And Shoulder Formed And The Price Break The Neck Line And Also Main Trend Line, In My Idea FET Corrective Cycle Is Completed And New Impulse Move Is About To Start Toward a New ATH
🎯 Next Mid Term Targets Are 2.4$ And 4.2$ As a New ATH
CRYPTO COIN - FET LONG The chart clearly shows the stages of FET’s price growth through the formation of several sideways channels, after which an upward breakout occurs. The current situation indicates the possibility of a continuation of the upward trend with the next price breakout.
After breaking out of the blue sideways channel, a 27.39% increase is expected, bringing the price to around $2.18. The chart demonstrates a stable trend with gradual growth, indicating healthy market dynamics for this coin.
Little short setup FET/USDTSince fet broke below the rising wedge we could expect a little more of a correction to the downside. There is alse a fvg on the 1H timeframe so that would me my target for this short. But remember. FET is a strong one. But a little correction could happen. This is my setup for it. Please leave comment what u think.
Happy trading. Thanks and CHEERS !
FET IDEAFET Price Action is still looking Bullish and strong, but in the short term I'm thinking it's gonna drop a little grabbing some liquidity before continuing the uptrend (minor Correction) mostlikely a simple short ABC Pattern.
But in the mean time especially with BTC and BTC Dominance structures I'm not entering the trade in either direction yet. We'll wait for some confirmation first before Entering. Because also as we can see it's ata very crucial Point. (As a friend of mine says 'Do or Dump' zone)😅
So we'll be keeping an eye on it and further updates to come after breakout or Breakdown.
FETCH AI - Bullish Pattern : Inverse H&SThere's a few reasons to be bullish on FETCH right now:
👉 Bullish pattern in the daily timeframe; inverse Head and Shoulders
👉 Daily TF price is trading ABOVE 200 day moving averages - bullish technical indicator
👉 Support zone retested and held
👉 Great pick for TOP AI Coins 2024
I'd be watching the Fibonacci zones as potential targets for the next impulse wave up, given BTC will likely lead us there.
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BINANCE:FETUSDT
FET long setup if you missed the first oneWe see a resing wedge that broke below. The target from that is little above 0.5 fib. There is also a orderblock. If you missen the previous fet entry i posted. You may get a second chance. FET is strong and the target will be 2$ or even little above.
Please feel free to share your opinion in the comments. Thanks.
Happy trading. Cheers!
fetThe chart represents a bullish Elliott Wave analysis for Fetch.AI (FET) against Tether (USDT) on a weekly timeframe, suggesting a potential upward trajectory. Key support levels are marked around 0.2076, 0.8886, and 1.7384 USDT, while resistance zones extend to 2.1545, 3.4646, and 6.9048 USDT, with a possible high near 14.5522 USDT. Historical price moves show gains exceeding 1500%, and the projected path anticipates further growth, with corrections along the way, leading toward a potential peak by early 2025. The analysis points to strong long-term bullish momentum for FET.
