Get started
Artificial Superintelligence AllianceArtificial Superintelligence AllianceArtificial Superintelligence Alliance
#48#48#48

Artificial Superintelligence Alliance

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

FETUSD trade ideas

Fetch.ai Technical Analysis:Fetch.ai Technical Analysis: 1. What is Fetch.ai? Fetch.ai is a decentralized artificial intelligence (AI) and machine learning (ML) network that aims to connect devices, data, and services in a decentralized, trustless manner. It leverages blockchain technology to enable autonomous economic agents (AEAs) to perform tasks, such as data sharing, machine learning model training, and decision-making, without the need for centralized control. 2. Facts about Fetch.ai: - Decentralized AI Network: Fetch.ai operates as a decentralized AI network, allowing AI agents to communicate and transact with each other directly without intermediaries. This enables efficient resource utilization and facilitates complex interactions in various sectors, including finance, healthcare, and supply chain management. - Autonomous Economic Agents: AEAs on Fetch.ai's network are autonomous entities capable of acting independently to achieve specific goals. These agents can negotiate and execute contracts, collaborate with other agents, and adapt to changing environments based on real-time data. - Interoperability: Fetch.ai focuses on interoperability, enabling seamless integration with existing systems and platforms. This allows for the creation of diverse applications and services that can leverage the capabilities of Fetch.ai's decentralized AI network. 3. Technicals: - Monthly RSI at 70, Weekly at 63: The Relative Strength Index (RSI) measures the magnitude and direction of recent price changes, indicating overbought or oversold conditions. A value above 50 suggests bullish momentum. With Fetch.ai's RSI at 70 on the monthly chart and 63 on the weekly chart, it indicates a strong bullish trend in both timeframes. - Alligator Method: The Alligator is a technical analysis tool developed by trader Bill Williams. It consists of three smoothed moving averages, typically set at 34, 13, and 5 periods, representing the Jaw, Teeth, and Lips of the Alligator. When the lines are arranged in a specific order (Green over Yellow over Red) and the "mouth" (the space between the lines) is open upwards, it signals a strong uptrend in the market. - Daily Near Support with Potential Entry: Support refers to a price level where buying interest is expected to be strong enough to prevent further price decline. If Fetch.ai is near a support level on the daily chart, it suggests a potential entry point for traders looking to enter a position. Fetch.ai is a decentralized AI network that connects devices and services using blockchain technology. Looking at the current trends, Fetch.ai shows a strong bullish sentiment based on its RSI readings. The Alligator method confirms this bullish trend, and on the daily chart, the network appears to be near a support level, presenting a potential entry opportunity for traders.
CRYPTO:FETUSDLong
by ImmaculateTony
FET: Bounced Off 🪃FET attempted to break out of our green Target Zone ($1.91 – $2.51), but bounced back from the upper edge of the range. Primarily, however, we continue to assume that the last sub-wave of the orange-colored wave iii should lead to a significant rise out of the Zone. Only a drop below the support level at $1.63 will alter our outlook. A break of this mark will trigger our alternative scenario (33%), which implies further setbacks with the green wave alt.2.
BINANCE:FETUSDLong
by MarketIntel
1
Fetch.ai: Price Surge Fueled by AI HypeFetch.ai, boosted by the AI hype, is charting a 5-wave cycle on the daily chart. We're likely at the conclusion of Wave (3), approaching Wave (4), which is expected to hit the 38% to 61.8% retracement levels. However, it should not reach 61.8% as this would fall below the level of Wave (1). We anticipate the price stabilizing between a 38.2 and 50% retracement. For Wave (5), we expect to surpass the local high of Wave (3) significantly, although the exact target remains to be determined. We will provide updates, but a 100% increase is anticipated.
CRYPTO:FETUSDLong
by stromm
5
Is $5 The Next Stop for FET?Recent Price Surge: FET sees almost a 20% increase this week, indicating strong market momentum. Market Cap and Trading Volume: With a $2.602 billion market cap and a 67% rise in trading volume, FET's demand is on the rise. All-Time High: FET reached a new all-time high at $3.34 but has seen a slight pullback to $3.0993. Doji Candle Formation: Indicates a pause after a bullish run, with FET showing potential for further action. Resistance Breakout: FET price action includes a breakout above the overhead resistance trendline. Fibonacci Levels: Challenging the 50% Fibonacci level at $3.39, with eyes on a move to $4.44. Rounding Bottom Reversal: Supports a bullish trend continuation in the daily chart. Bollinger Band Surge: FET challenges the upper Bollinger band, signaling bullish momentum. MACD Indicator: Shows a potential negative crossover, hinting at supply pressure around $3.39. AI Sector Buzz: The merger buzz around SingularityNET, Fetch.ai, and Ocean Protocol fuels FET's rally. Bitcoin Halving Anticipation: Contributes to the overall altcoin market's bullish sentiment, including FET.
COINBASE:FETUSDLong
by Coinpedia-Market-Insight
FETUSD Will it correct? Be ready for $10.Fetch.ai (FETUSD) easily hit our last $1.80 target that we set 4 months ago (November 20 2023, see chart below) when the price was still only 0.57: That completed the 2nd wave of the (dotted) Channel Up that started on the November 22 2022 market bottom, which was a Higher Low on the wider, historic Channel Up that goes back to 2020. Now that the 1.5 Fibonacci extension broke, we do expect a new pull-back but not lower than the 1W MA50 (red trend-line), which should act as a Support until this Bull Cycle is over or the 1.0 Fib (which is where the June 22 2021 low bottomed). As a result we are looking for an entry around 1.2000 for a buy that will target the top of the historic Channel Up at $10.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FETUSDShort
by TradingShot
2
Fetch.ai: Dive in! 🤿FET continued to rise until last Sunday but has since fallen. We now consider the green wave 3 to be completed and locate the coin in the wave 4 correction. To intercept the low of this movement, we have added a corresponding green Target Zone (coordinates: $2.51-$1.82) to the chart. Long positions can then also be opened there, whereby any stops could be placed around 1% below the lower edge. After the low, we expect a fresh upward push to take the coin above the $3.13 resistance level. That this resistance level will be broken earlier is 33% likely in our view. In this alternative scenario, the price would still be working on the green wave alt.3.
BINANCE:FETUSDLong
by MarketIntel
FETUSD - Fetch.AI potential path and targetCRYPTO:FETUSD Fetch appears to have completed an ABC correction. It established 0.48-0.56 as an area of support with the November-December consolidation and then retested that support during the corrective phase, hitting the VWAP anchored to the 10/23/23 breakout. It met overhead resistance at the VWAP anchored the the 12/26/23 prior high. Clearing and retesting this level will imply an opportunity in the 0.80-0.90 range. A close below 0.5 would invalidate.
KRAKEN:FETUSDLong
by Ben_1148x2
17