Hi Cristine...absolutely,
You just need to set the object you want to fade to “hide” in your selection window and then give your trigger button an action to “show object” with a fade in of say 1 second... then link a wait action to the button.. and then add a “hide” object action with a fade of 1 second to the button. You can then set the action sequence to repeat as many times as you want.
Hope that is of some help
Cheers,
Andy