FET Chart Indicates Potential Bullish Reversal

FET 图表显示潜在的看涨逆转

Altcoin Sherpa, a prominent cryptocurrency trader and analyst, has identified the likelihood of a bullish reversal in the Fetch.AI (FET) chart. Emphasizing the importance of the daily market structure, Altcoin Sherpa suggests the formation of a higher low and the possibility of a higher high in the near future.

Altcoin Sherpa 是一位著名的加密货币交易员和分析师，他发现 Fetch.AI (FET) 图表中出现看涨逆转的可能性。山寨币夏尔巴强调每日市场结构的重要性，建议在不久的将来形成更高的低点和更高的高点的可能性。

This suggests a potential trend shift for FET, particularly if key resistance levels are broken. FET has also experienced a significant price surge in the past day and week.

这表明 FET 可能出现趋势转变，特别是在突破关键阻力位的情况下。过去一天和一周内，FET 的价格也出现了大幅上涨。

Per Coingecko data at publication, FET trades at $1.39. The token's value has increased by 3.24% in the last day and 23.83% over the week.

根据 Coingecko 发布的数据，FET 的交易价格为 1.39 美元。该代币的价值在最后一天上涨了 3.24%，在一周内上涨了 23.83%。

FET Pattern Signals Possible Breakout

FET 模式表明可能出现突破

The chart shared by Altcoin Sherpa exhibits a potential "cup and handle" formation, which is a bullish pattern often associated with a reversal in price trends. The current price action indicates that FET is nearing a critical resistance zone between $1.47 and $1.50.

Altcoin Sherpa 分享的图表显示了潜在的“杯柄”形态，这是一种看涨模式，通常与价格趋势逆转相关。当前的价格走势表明 FET 正接近 1.47 美元至 1.50 美元之间的关键阻力区。

A price breakout through this resistance level could validate the bullish reversal. This pattern, coupled with increasing trading volume, suggests growing buyer momentum, further bolstering the possibility of a breakout in the coming days.

价格突破该阻力位可能会验证看涨逆转。这种模式，加上交易量的增加，表明买家动力不断增强，进一步增强了未来几天突破的可能性。

200-Day Moving Average and Resistance Levels

200 天移动平均线和阻力位

A crucial indicator to monitor is the 200-day Simple Moving Average (SMA), which presently serves as a resistance zone for FET. The price remains slightly below this key level, and traders should observe for a definitive breakout above it to confirm a bullish trend shift.

需要监控的一个关键指标是 200 天简单移动平均线 (SMA)，目前它是 FET 的阻力区。价格仍略低于该关键水平，交易者应观察是否明确突破该水平，以确认看涨趋势转变。

If FET surpasses the 200-SMA with substantial volume, it could pave the way for further upward movement. However, failure to do so may trigger a pullback, leading to further consolidation near the resistance level.

如果 FET 以大幅成交量突破 200 SMA，则可能为进一步上涨铺平道路。然而，如果不这样做，可能会引发回调，导致阻力位附近进一步盘整。

Higher Lows and Growing Volume

更高的低点和不断增长的成交量

Altcoin Sherpa also highlights the development of higher lows in the FET price chart. These higher lows, evident in August and early September, augment the probability of a higher high. This is essential for confirming a bullish market structure.

Altcoin Sherpa 还强调了 FET 价格图表中更高低点的发展。这些较高的低点在八月和九月初很明显，增加了较高高点的可能性。这对于确认牛市结构至关重要。

Moreover, the recent surge in volume signifies growing interest in FET, potentially supporting the continuation of its upward trend if resistance levels are breached successfully.

此外，最近成交量的激增表明人们对 FET 的兴趣日益浓厚，如果成功突破阻力位，可能会支持其上升趋势的持续。