FUEL/BTC TA Update (Bullish pattern?)FUEL/BTC
FUEL is approaching the bottom end of this bullish descending channel
which by technicals has higher chances of breaking to the upside.
We can see a bullish RSI as the price made another lower low last week.
Today, the FUEL bounces off from the bottom trend-line support.
If FUEL is unable to break the trend-line resistance today,
it is still healthy to see a pullback within the buy zone
and create a higher low to gain extra bullish momentum in the coming few days.
How to enter this market is when the break of the pattern
is confirmed with confirming volume and follow through the next day.
FUELETH
FUEL/BTC (Up to 99% Profit Target)FUEL/BTC
After a massive pump last Sep 9, this coin has been consolidating now for 75 days.
Despite BTC drop recently FUEL manages to keep the price above 50 MA and 100 Daily MA indicating strong move.
Buyers starting to jump in after breaking the down-line resistance a few days ago.
If price can hold this level longer then there is highly probable we will have a break out soon.
Trade setup
Buy area: 46 Sats - 39Sats
Sell target: 51 Sats - 82 Sats
Stop loss: 33 Sats
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$FUEL Got My Attention!I saw fuel having a decent volume on Binance lately.
It bottomed and it really tempting. As the change start to change slowly, I bet more and more low sats raising back to it's uptrend. By that being said, I can believe FUEL will climb slowly along with some others like MATIC, FET, and the rest who leading our bull market this year. DYOR
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RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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FUEL Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
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FUELETH TA Currently forming C wave in the 2nd wave of the primary cycle. Target expected to hit the golden pocket again before the 3rd wave impulse.
