ThetaFuel TFUELUSDT - Bullish pennant + Bull market (next 2000%)- TFUEL can 20x in few weeks / months
- I see a bullish pennant, that is currently breaking out!
- I am expecting another big leg to the upside
- If bulls can break the all time high level, it can be totally free rise
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Tfuel
✳️Theta Fuel/BTC (12-10) #TFUEL $TFUEL #TFUELBTCTFUEL has so high possibility to dump to lower prices more than move up. But at this moment, it stays at its support so we can bet on it with very low risk for the target around 110sts, this is the most important resistance that TFUEL needs to pass in order to move up to the higher price.
But if TFUEL drops below 84sts, we will sell it and wait for the price action at these levels : 75sts and 60sts. These levels are very worthy to buy in.
TFUEL/BTC (Inverse Parabolic Move)💎Technical Analysis Summary💎
BINANCE: TFUELBTC
-TFUEL broke its daily key level of support around 67s sat
-The price is moving on a parabolic action but in reverse
-This is a strong selling pressure without any retracement
-So please don't try to catch a falling knife
-If you don't want to get burn
-Next support around 40 sat area
-Wait for any signs of strength before entering
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TFUEL/BTC (Holding Key Level Support)💎Technical Analysis Summary💎
BINANCE: TFUELBTC
-TFUEL is back at a key level of support
-This support area has been respected since September
-If it can hold for the next few days
-There might be a chance to retest the trendline resistance
-But if the support failed, the next key level is around 66s sat
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Tfuel is gearing up to put its name on the mapSome time in the near future TFuel is going to have a 100+% gain. It is going to cross upwards and take off.
Descending triangles are more often seen as bearish, but do breakout upwards. See BTC chart after it broke out of its long descending triangle. I see this playing out similarly.
Additionally, with the success of how things are going with Theta, it is just a matter of time before tfuel follows suit. We may see a dip below initially, but followed by a strong recovery.
Here is how I think things will play out. Time isn't scaled correctly. Overall I see a Large cup and handle. This will also play out the first leg of 5 part Elliot wave.
Buy and Hodl
Edit: It didn't scale correctly. Screenshot added
Expecting TFUEL to follow its father THETA, as usualTFUEL is directly tied to its parent coin, THETA, and when THETA is done with large upmoves, the gains tend to flow into TFUEL. TFUEL nearing the end of a 5 month triangle of consolidation, expecting this to break to the upside as THETA did for 200~300% gains by EOY.
TFUEL Strong Consolidation Continues, Jump AnytimeStrong consolidation continues to take place on the TFUELBTC (Theta Fuel) altcoin trading pair.
After the May peak, prices went on to correct and test EMA50 and EMA100 as support.
The other EMAs; EMA200, EMA300, and MA200 were never tested which is a signal of strength.
Now, TFUELBTC is trading safely above all EMA's with bullish indicators...
A strong price jump can happen anytime.
Conditions for change
This chart is strongly bullish but things can change fast when it comes to altcoins and cryptocurrency.
If prices drop and close below EMA100 (0.00000085), we will see lower prices and MA200 (0.00000069) tested as support.
Any trading above MA200 and we stay strongly bullish.
If MA200 breaks, we will see lower prices.
Namaste.
TFUELUSDT another bullish reversal moveHey friends hope you are well. In my previous article on Tfuel I posted two charts. One was with US dollar pair and other was with Bitcoin pair. In both charts the price action of Theta fuel formed a bullish Gartley pattern on the 4 day chart. If we take a look at the Tfuel with US dollar chart then it has produced 108% profit so for and this trade has been executed successfully as the price action has entered in sell targets zone that I defined as per Fibonacci sequence of Gartley.
Previous idea of Tfuel with US Dollar pair:
Now if we take a look at the Tfuel with Bitcoin pair’s Gartley move idea then the priceline moved up from potential reversal zone and after more than 50% rally it is dropped down again in the PRZ level. Therefore this trade is still in progress and hope it will be executed successfully very soon.
Previous idea of Tfuel with Bitcoin pair:
The SMAs:
Recently the price action broke down the 100 simple moving average support for a while. This moving average is working as a very strong support since after may 2020. This was for the first time that the price action broke down this level but soon candlesticks of Tfuel started moving above the 100 simple moving average. Now finally the price action has broken out the 25, 50, and 100 simple moving averages at the same time. We also have a long-term support of 200 simple moving average at a very long distance below the price action.
The different support and resistance levels:
Now if we take a look at the Theta fuel with US dollar pair daily chart again. Then after more than 108% rally the price action of Tfuel was moved down again in the potential reversal zone of the Gartley pattern. And after retesting the previous support at $0.008 recently it was moving within $0.01 to $0.008 level. Finally it has broken out the $0.01 level again. Now it can re-test the previous resistance of one cent as support and move up to the next resistance at $0.013.
Another bullish Gartley move:
Now if we switch to the long-term weekly chart then the price action of the Theta fuel with US Dollar pair has again formed and another very big bullish Gartley pattern and entered in the potential reversal zone. The buying and sell targets as per Fibonacci sequence of the Gartley can be as below:
Conclusion:
The priceline of Theta fuel is forming the different harmonic moves with Bitcoin and US Dollar pairs as well. In the meanwhile, we also have a significant event of test net smart contracts expected on 30th September. This even can be also helpful for Tfuel’s price action to achieve these targets. The price action might hit these sell targets before or after this event. This time the Tfuel has again the potential to produce up to 250% rally.
TUELUSDT formed bullish Gartley | Upto 250% move expectedThe priceline of Tfuel has formed bullish Gartley on long term weekly chart, the targets as per Fibonacci sequence of Gartley are:
Potential reversal or buying zone: $0.009778 to $0.005807 (this should be used as stop loss as well)
Fibonacci projection or sell zone: $0.012890 to $0.020381
Regards,
Atif Akbar (moon333)
Theta rising wedge. Is massive dump next?After weeks of growth Theta created rising wedge. Usually this pattern breaks down massively.
It can go higher but it's very dangerous to buy/hold at this levels.
StocRSI also cant sustain at this levels. I see stocRSI falling below 20, creating another buying opportunity in coming months.
I think this will play out in 1-2 weeks.
TFUEL/BTC (Complex Pattern, Wait for Breakout Direction)💎Technical Analysis Summary💎
BINANCE: TFUELBTC
-Theta Fuel is on a sideways action since June
-We can see a lot of choppy action to the upside & downside
-I have highlighted key areas of support and resistance
-TFUEL is trading inside a complex ascending channel
-It is hard to trade inside this range
-So I recommend waiting for a proper breakout direction
-If the price breaks down, the 66 sat range is a good rebuy
-Or if the resistance is broken, a pullback enter is ideal above 97 sat
-Please don't jump into the trade without a trading plan
-Be patient or look for another Altcoins with a good market structure
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TFUELUSDT AnalysisI am currently bullish about TFUEL at the moment, while EngineeringRobo remains bearish.
If you're holding TFUEL, it is likely best to hold and wait for the EngineeringRobo sell signals or you can sell at the resistance level (0.025).
If you're looking to buy, you can buy at the support level (0.0079) or wait for further EngineeringRobo buy signals.
What ever level you choose to buy or sell at, you should watch EngineeringRobo signals closely! If you want to use EngineeringRobo, DM me!
Theta Fuel (TFUEL) Higher Low + Next TargetWe have another higher low for Theta Fuel (TFUELBTC).
We stay strongly bullish above MA200, EMA200/EMA300.
Currently, prices are also trading above EMA100 which held as support recently, and EMA50 which is being conquered today.
As soon as prices move above EMA10, the green line on the chart... We can expect prices to move up again.
Note: Additional consolidation is still possible before the next jump... Patience is key.
Namaste.
Day-trade setup. Target at 0.618 fib. Also creating a 'W' on the 4H confirming uptrend scenario. We might touch 13000 sats but I prefer to be conservative. Keep securing profits along the way and/or raising stop-loss to ensure exit in profit even if the setup breaks down.
Any altcoin trade is a high-risk trade until BTC decides direction and TFUEL dumps faster than any other. G'luck.
Ready for fresh entry.After we broke out of the descending channel TFUEL was in since hitting the high at 15410 sats, we built support at 10400-10800 sats and proceeded to break through resistance at 11200 sats. Secure profits at 0.618, 0.786 and 1.0 fib levels while BTC is stable. Given the volatility in the market, securing profit is essential. Good luck.
Trendline break. Exiting trade.Disappointed to see TFUEL break the trendline we had been siting on. Failed to break out of the short-term descending channel forming since hitting latest high at 154xx. Was hoping for another leg up. Exited in slight profit. I am a noob and this is my first analysis, would love feedback.
tfuel usdt daily volumeTHIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments
TFUELUSDT AnalysisPeople who bought TFUEL in the beginning of August from BUY 2 signal, enjoy your 55.17% PROFIT that you made less than a month!
There's also BULL & Super Buy signals present right after Buy 2 signal.
If you are holding TFUEL, do not hurry to sell since there are no sell signals present. If you want, you can take profit at the resistance level (0.021) or you can wait for EngineeringRobo's sell signals.
If you want to buy TFUEL, since there are 3 buy signals present and the risk-reward ratio is higher than 1, you can buy right now. After you buy, please watch for EngineeringRobo's sell signals.