FETUSDT: Will This Key Zone Make or Break the Bullish Move?Yello, Paradisers! 🚨 Are you ready for a potential game-changing move in FETUSDT? We're currently sitting in a crucial zone that could decide the next big trend.
💎FETUSDT is riding within a descending channel, and right now, the price is hovering around a key level. If we see a breakout above the resistance zone and a strong candle close, the odds of a bullish rally will significantly increase.
💎But what if the price pulls back? In that scenario, we could see a potential double-bottom pattern emerge from the support zone. However, for a confirmed bullish structure, we'll need to see an I-CHoCH (Internal Change of Character) indicating a shift toward a bullish market.
💎On the flip side, if FETUSDT breaks down and we get a candle close below the support zone, it would invalidate our bullish outlook. Stay sharp, and be ready to adapt!
🎖That’s why, Paradisers, discipline and patience are key. Make sure you’re not caught off guard, and always wait for the highest probability setups. This is how you stay in the game long-term and join the winner's circle!
MyCryptoParadise
iFeel the success🌴
FETUSDT
Fetch.AI (FET/USDT) Swing Long Trade Setup (12H Chart)The 12-hour chart for Fetch.AI (FET) presents a promising swing long opportunity, supported by a hidden bullish divergence. The Money Flow Index (MFI) is rising, indicating increasing liquidity and momentum in favor of buyers, enhancing the validity of this trade setup.
Key levels to watch:
Initial Take Profit (TP1): $1.555
Secondary Target (TP2): $1.800
Trade Strategy:
If stop-loss (SL) is hit, it could present a good opportunity to re-enter the trade, as the overall structure and MFI suggest bullish conditions.
Disclaimer: This is not financial advice. Trade at your own risk, and ensure proper risk management.
Fetch.AI (FET/USDT) Swing Long Trade Setup (12H Chart)The 12-hour chart for Fetch.AI (FET) presents a promising swing long opportunity, supported by a hidden bullish divergence. The Money Flow Index (MFI) is rising, indicating increasing liquidity and momentum in favor of buyers, enhancing the validity of this trade setup.
Key levels to watch:
Initial Take Profit (TP1): $1.555
Secondary Target (TP2): $1.800
Trade Strategy:
If stop-loss (SL) is hit, it could present a good opportunity to re-enter the trade, as the overall structure and MFI suggest bullish conditions.
Disclaimer: This is not financial advice. Trade at your own risk, and ensure proper risk management.
FET/USDT Analysis – Potential Inverse Head & Shoulders FormationThe daily chart for NYSE:FET (Fetch.AI) is currently showing signs of forming an inverse head and shoulders pattern, a bullish reversal indicator. Notably, both the Money Flow Index (MFI) and the Volume Weighted Average Price (VWAP) are starting to turn upward, further supporting a potential bullish outlook.
Key support and resistance levels, along with the supply and demand zones, have been highlighted. It’s important to keep in mind that NYSE:FET faces resistance near the $1.561 and $1.870 levels, while support lies around $1.103 which is our weekly pivot.
Upcoming events, such as the FOMC meeting on September 17-18, could have a significant impact on global markets, including cryptocurrencies. Market expectations are leaning toward a potential rate cut, which may lead to a short-term pump across Bitcoin and altcoins, followed by a broader market correction.
As always, please conduct your own research before making any trading decisions. This is not financial advice.
FET/USDT Breakout Alert: Are We Heading for a Bullish Surge??Yello, Paradisers! 🌟 Is FET/USDT on the brink of a massive bullish move, or are we setting up for a potential fall? Let's dive into the latest analysis to see what’s in store.
💎FET/USDT has recently broken out of its resistance zone, which can now act as support. However, for a solid confirmation, we need an I-CHoCH (Internal Change of Character) towards the bullish market structure. This will significantly increase the probability in our favor.
💎In case of a fall, we can expect a bounce from the small support level. Again, we need an I-CHoCH here for confirmation.
💎However, if there’s a breakdown of the small support and a candle closes below it, this will invalidate our entire analysis.
Trade smart, Paradisers. Consistency and patience are the keys to long-term success in the crypto market. Stay focused and disciplined!
MyCryptoParadise
iFeel the success🌴
FET/USDT Breaks Out of Descending Channel and Forms Inverse HNS!Yello Paradisers! 🚨 Are you ready to catch the next big move in FETUSDT? Here's what you need to know right now:
💎FETUSDT has broken out of a descending channel and formed an inverse head and shoulders pattern, significantly increasing the probability of a reversal from this point.
💎If FET breaks above the resistance zone, it will validate the inverse head and shoulders pattern. We can then expect a bullish move.
💎In case of a pullback, we can expect a bounce from the bullish order block (OB) level. However, we need an I-CHoCH (Internal Change of Character) on lower time frames for confirmation.
💎If the price breaks down and closes a candle below the right shoulder and the bullish OB level, it will invalidate our pattern and the entire idea. In this case, it’s better to ignore the setup and wait for a more reliable price action to form.
Stay disciplined and patient, Paradisers. Remember, consistency and waiting for the highest probability trading opportunities are key to long-term success. 🎖
MyCryptoParadise
iFeel the success🌴
#FET.AI's Potential Retest: Will #FET/USDT Bounce Back?FET/USDT situation, focusing on the potential retest levels due to the formation of a bearish divergence.
#FET/USDT Analysis: Bearish Divergence Indicates Potential Retest Levels
#Bearish Divergence
Bearish divergence occurs when the price of an asset makes higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This discrepancy suggests that the bullish momentum is weakening, and a potential reversal or pullback could be imminent.
For FET/USDT, a bearish divergence has been identified on the daily chart. Despite Fetch.ai’s price reaching new highs, the RSI is not confirming this upward movement, indicating diminishing buying pressure.
#Potential Retest Levels
Given the bearish divergence, FET/USDT might retest certain key support levels:
1. **Retest Around $2.00**
- This level has previously acted as a significant support zone. If FET/USDT retraces, it is likely to find initial support around $2.00. If the price manages to hold at this level, it could lead to a temporary bounce or consolidation.
#Conclusion
#FET/USDT is currently showing signs of potential weakness with the formation of a bearish divergence. Traders should be prepared for a possible retest at the $2.00 level. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period. If the price successfully retests this level and shows signs of a rebound, it could signal a potential buying opportunity with the prospect of a significant rise.
Bullish Signals Detected: #FET/USDT Eyes Upside Potential#FET/USDT is exhibiting promising signs of a rebound as it bounces off a crucial support trendline, coinciding with a bullish divergence formation within a strong support zone. This confluence suggests a potentially robust upward movement. Traders anticipate a retest of the $2.42 resistance area, with the possibility of a breakout towards the $3.50 mark should the bullish momentum persist. This analysis underscores the bullish sentiment surrounding #FET/USDT and highlights key price levels to watch for potential trading opportunities.
📌 Watch for $FET's liquidity absorption💎 FET appears poised to absorb internal liquidity, as indicated by the formation of a pin bar candle, reminiscent of previous instances.
💎If FETUSDT demonstrates CHoCH behavior from the bullish Order Block (OB), it suggests that internal liquidity has been absorbed, potentially paving the way for a renewed bullish trajectory.
💎However, a breakdown below the bullish OB would signify a bearish market structure. Nonetheless, given a bullish long-term outlook on FET, I will monitor for more favorable price action, particularly towards the bullish side, noting the presence of a small demand area below.
FET/USDT Did 117% profit in few weeks#FET/USDT Profit Update:
NYSE:FET Gave huge profit within few weeks.
Entry was around $0.57 filled.
Currently trading at $1.07 and went up to $1.23.
Profit: 117%
Now: Taking partial profits on #FET and Some hold for the Long term.
Re-Entry: If Price holds $1 then super bullish but if dip comes then Try to enter Around $0.6-$0.5 Levels.
FET/USDT Bullish Breakout so Target 50% ?FET/USDT 4H Chart Analysis:
FET has successfully broken a crucial resistance level, signaling a bullish trend.
Trade Strategy:
Target: Aiming for a 50% gain.
Condition: If #FET maintains above the $0.56 support level.
Keep a vigilant eye on the $0.56 support level, especially if you are in long positions.
#Crypto #Binance #Altseason
FET/USDT -Key Levels and Potential Price Movements
Introduction:
In this technical analysis, we'll delve into the FET/USDT trading pair, highlighting critical levels and potential price movements.
1. Range High Deviation:
FET/USDT recently witnessed a range high deviation, causing the price to retreat from its peak above 0.2575. This deviation suggests a potential shift in market sentiment, indicating that buyers may be losing their grip on the market.
2. 0.2345 - A Critical Support:
The level to keep a close eye on is 0.2345. If FET/USDT breaks below this critical support level, it could confirm a bearish trend. Such a breach might open the door for further downward movement, potentially testing the 0.2100 support area.
3. Supply Zone: 0.2450 - 0.2500
Should the price dip below 0.2345, traders should pay attention to the 0.2450 - 0.2500 range. This zone, previously acting as support, may now turn into a supply area. Market dynamics often see prices tap into these supply zones before falling further, making it a key region to watch for potential reversals or shorting opportunities.
Scenario 1 (Bullish):
If FET/USDT can maintain support above 0.2345 and starts to show signs of recovery, traders may consider long positions with a target near the recent range high above 0.2575. Remember to set stop-loss levels to manage risk.
Scenario 2 (Bearish):
In case 0.2345 is decisively breached, it might be a signal for a potential downtrend. Traders could look for shorting opportunities, targeting the 0.2100 support level, but be cautious as the market approaches the 0.2450 - 0.2500 supply zone. Ensure risk management with stop-loss orders.
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making trading decisions.
FETUSDTFETUSDT Forming A Falling Wedge, So We Can Take A Long Trade.
Entry : $0.3477-$0.3415-$0.3347
🎯Target 1 $0.3510
🎯Target 2 $0.3545
🎯Target 3 $0.3595
🎯Target 4 $0.3654
🎯Target 5 $0.3719
🎯Target 6 $0.3828
🎯Target 7 $0.3906
⭕Stop loss : $0.3208
💰Place a Limit Order in 3 Parts
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