ok guys so this is not a TA. im publishing this just to share my opinion about this shitcoin.
Remember when XVG developers said they will announce the biggest partnership in crypto history? and it turn out to be just a useless partnership with adult websites? This is the same. In FETCH telegram group admins kept saying they will announce BIG NEWS this week. Lets...
FET was just released and has been extremely volatile. It's currently moving in a descending wedge, some sort of action should occur, could be up or down.
We just hit a short term double bottom at 8000 sat and also the bottom of the wedge, I'd buy in now at 8000-8100 sat and put a stop loss at 7900 sat. Low risk, high reward.
This is not financial advice....
Double bottom formed on the 4H. We have a retest of former resistance line with bullish RSI.
If you havn't entered yet wait for higher low on 15 min or 1H before entering.
TP1: 0.000105
- Falling wedge structure with a 261.8% downside support.
- Hourly and 4 hour are showing Bullish Divergence
- Double bottom on price structure with a small breakout and retest of the falling wedge resistance turned support.
- Higher risk trade due to newer listing.
Hello crypto traders,
We are back with an update on Fetchai! Our stoploss got hit on Saturday so we concluded that something was wrong with our idea. We decided to wait until we saw better opportunities. We really think that this is the moment of truth for Fetchai!
This crypto asset declined eventually in a nice ABC zigzag pattern. It's pretty common that a...
FET will soon make a double bottom. From there there is a good chance we will see a bounce to the upper side of the channel. I'll be closing my position there . If breakout happens that will be whole new trade.
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Fetch.AI (FETBTC) is new so there is no data on the chart.
What you can see here is the support and resistance levels marked. Based on the candlesticks closing, we can know FETBTCs trajectory.
Fetch.AI (FET) Overview
Fetch is a decentralised digital representation of the world in which autonomous software
agents perform useful economic work. This means that...
