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Tfuel

The moment of the truth for TFUEL, is the 200MA holding it?BTC is under a bearish pressure for the moment, which could trigger big drops for many alts. But I believe the drop of BTC will only initiate when the market reopens on monday, so we are probably moving horizontal a little bit more during the weekend. With all that sad, TFUEL is retesting the 200MA and it could trigger another pump, maybe this time out of the triangle, who know, just make sure to use your SL like always. Good trading everyone
Long
by ViniciusBaccelli
1
isn't it nice when you predict the lowest buy point?Tfuel touched 0,0086 like I predicted in the last analysis, I did not sell it yet since I believe it could still break the triangle during the weekend, but I do have my SL in the green for now. The 200 moving average is working as an strong resistance for now and looking that graph we have a huge pump potential for the next days. If BTC keeps its price during the weekend we could reach the 0,03 soon, good trading everyone.
Long
by ViniciusBaccelli
6
Just projecting a possible break of the triangleI don´t think the price will go lower than 0,009 in the short term, but 0,0086 is a strong support for Tfuel at the moment and a great entry point if that happens. If we manage to break that triangle we could see another big pump for Tfuel that could go as high as 0,03 with 237% gains. I am not saying it will happen, I actually recommend selling at the top of the triangle first to then reenter if the daily candle holds above it. And of course, as always, BTC needs to help us on that, so don´t forget to use Stop Loss at least at the bottom of that triangle. Have a great day.
Long
by ViniciusBaccelli
12
Tfuel is depending on BTC right now, use SL to keep your profitswe are depending on BTC right now, so I would consider leaving a stop loss in case BTC fall before Monday I think that BTC will not fall until the US market reopens, so i am still in the trade, but we never know, there could be an anticipation of the fall during the weekend In the other hand if BTC holds or try to test the 9500, 9800 levels we could see a huge pump for Tfuel Check my analysis of BTC down below, we could easily see a continuation of the downtrend in the next days, specially when the market reopens. Have a great weekend guys
by ViniciusBaccelli
2