Psycho

Bittensor

Sherpa

<div class="dailyhodl">
 A popular crypto trader is pinpointing potential entry <a rel="noopener noreferrer nofollow" title="points" href="https://thebittimes.com/tag/points.html">points</a> for a trio of red-hot artificial intelligence (AI) altcoins.
 The pseudonymous analyst known as Altcoin Sherpa encourages his 207,700 followers on the social media platform X to pay attention to Fetch.ai (FET), Worldcoin (WLD) and Bittensor (TAO).
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 “Given how hard some of these are going, I would view the .236 fib and the .382 fib areas as good starter <a rel="noopener noreferrer nofollow" title="points" href="https://thebittimes.com/tag/points.html">points</a>. WOULD NOT GO ALL IN on any one entry. DO NOT FOMO. A pullback probably coming soon.
 These are more for trades, not investments. For investments, you want to just go ahead and scale in and then go into a coma and don’t trade it/let it sit for a while.
 I wouldn’t be surprised to see some sort of mild pullback or consolidation soon. If you see some ranging for a few days at these high levels, that’s pretty decent. You want the volume to heavily die down.”
 Traders use&nbsp;Fibonacci extensions&nbsp;in technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> to estimate profit targets and price pullbacks. They are based on Fibonacci ratios.
 Fetch.ai, a decentralized artificial intelligence platform for applications, is trading at $1.06 at time of writing. The potential entry <a rel="noopener noreferrer nofollow" title="points" href="https://thebittimes.com/tag/points.html">points</a> on Altcoin Sherpa’s chart for the asset are $0.7669 and $0.6856.
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GGu3X5PWwAAIgek?format=jpg&amp;name=4096x4096" alt="Image" width="2162" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 Worldcoin, the controversial eye-scanning biometric crypto project that’s focused on digital identity, is trading at $6.72 at time of writing. Altcoin Psycho’s chart for the asset indicates potential entry <a rel="noopener noreferrer nofollow" title="points" href="https://thebittimes.com/tag/points.html">points</a> at $6.618 and $5.764.
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GGu3X5OWIAA22U7?format=jpg&amp;name=4096x4096" alt="Image" width="2162" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 Bittensor, a decentralized blockchain platform that focuses on machine learning and AI, is trading at $628.33 at time of writing. Altcoin Psycho indicates that potential entry points are at $586.68 and $517.75.
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GGu3X5PWkAABmxy?format=png&amp;name=4096x4096" alt="Image" width="2162" height="1179">
 <figcaption class="wp-caption-text">
 Source: Altcoin Sherpa/X
 </figcaption>
 </figure>
 The analyst also notes traders should look out for volatility, high volume, and wicks in both directions.
 “That usually means some sort of local or bigger top is here.
 Play it by ear but yeah, I do think that AI plays are still the ones to focus on. The leaders like TAO and WLD are the 1s to watch; when they start to pull back, everything else will too.
 That being said, you should start to think about your AI bags for this cycle. It’s not too late. Don’t just sit sidelined because it’s ‘already pumped’.”
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-trader-says-ai-altcoins-are-the-ones-to-focus-on-pinpoints-entry-prices-for-three-projects-tbt80412.html">https://thebittimes.com/crypto-trader-says-ai-altcoins-are-the-ones-to-focus-on-pinpoints-entry-prices-for-three-projects-tbt80412.html</a>

Crypto Trader Says AI Altcoins Are the ‘Ones To Focus On,’ Pinpoints Entry Prices for Three Projects

TheBitTimes

Other articles published on Feb 21, 2024

What is Portalcoin (PORTAL), the 47th Binance Launchpool project

Binance Seeks Regulatory Compliance In Nigeria, What’s Next?

Pyth Network (PYTH) launches real-time Bitcoin ETF price feeds

Pixels Price Prediction: PIXEL Plummets 12% As Investors Get One Last Chance To Buy This Other St...

Federal Reserve Minutes Shake Up Crypto Markets

XRP Price Prediction: XRP Price on Verge of Major Breakdown

Join our free newsletter for daily crypto updates!