Fetch AI (or ASI, depending on Binance's ticker update) has been in a consistent downtrend from its peak at $3.48. It appears in a bottoming range, forming a classic Gartley pattern.
Key Levels to Watch:
Immediate Test Levels: The price will likely test the $1.00 - $1.18 range soon.
Accumulation Range: Any pullback to the accumulation zone between $0.70 - $0.94 would present a strong buying opportunity.
Targets Upon Breakout:
Target 1: $1.76
Target 2: $2.41
Target 3: $3.10
Risk Management:
Stop Loss: Set at $0.50 to manage downside risk.
A close above the downtrend line will confirm the breakout, potentially driving the price towards the T1 and T2 targets. Keep an eye on any pullbacks into the accumulation range, as these could provide optimal entry points for a potential upside move.
Key Levels to Watch:
Immediate Test Levels: The price will likely test the $1.00 - $1.18 range soon.
Accumulation Range: Any pullback to the accumulation zone between $0.70 - $0.94 would present a strong buying opportunity.
Targets Upon Breakout:
Target 1: $1.76
Target 2: $2.41
Target 3: $3.10
Risk Management:
Stop Loss: Set at $0.50 to manage downside risk.
A close above the downtrend line will confirm the breakout, potentially driving the price towards the T1 and T2 targets. Keep an eye on any pullbacks into the accumulation range, as these could provide optimal entry points for a potential upside move.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.