Theta fuel (TFUEL) formed bullish Cypher for upto 15.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Theta fuel (TFUEL) with US Dollar pair.
Previously we caught almost 29% pump of TFUEL as below
On a daily time frame, TFUEL has formed a bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Tfuel
TFUEL/USDT next potential move 🚀 🔥🔥 ThetaFuel today analysis
💎 TFUEL is gearing up for an exciting move. It's currently trading within a descending channel and is on the brink of an upward breakout.
💎 Another key observation is that the price is maintaining strong momentum above the 21 EMA, which further bolsters the potential for a bullish move.
💎 The presence of a demand zone is another crucial factor to consider. We have a clear supply zone, so we expect the price to mitigate that level before deciding on the next move.
💎 The RSI is also indicating that the upward momentum isn't over yet, as it's above 50, signaling a potential upward trend
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
TFUELBTC APEX moment of truthcryptocurrencies that have gained popularity in the cryptocurrency market in recent years. Theta Network is a decentralized video streaming platform that aims to revolutionize the online video industry, while Theta Fuel is the native cryptocurrency of the Theta Network that is used for transaction fees and governance on the network. Here are some reasons why Theta Fuel may be a good investment for the long term:
Growing Adoption: Theta Network has partnerships with major players in the video streaming industry, including Samsung and Google, which demonstrates the growing adoption of the platform. As more users and content creators adopt Theta Network, the demand for TFUEL may increase, potentially driving up its price.
Unique Value Proposition: Theta Network is a unique blockchain project that aims to solve real-world problems in the video streaming industry. The platform offers faster and more cost-effective video streaming services by leveraging a decentralized network of nodes. This unique value proposition could make Theta Network and TFUEL more attractive to investors in the long term.
Mainnet 4.0: new projects (subchains) joining the Theta ecosystem and adding volume.
Experienced Team: The Theta Network team includes experienced professionals from the technology and video streaming industries, which could give investors confidence in the long-term prospects of the project.
TFUELBUSD Another perspectiveNote this is a TFUELBUSD and chart/prices will vary and look distinct.
This is another perspective TA to view TFUEL.
As long as support holds, we are due to break resistance into the 0.10+ level
✳️ Theta Fuel Rising ChannelYesterday TFUELBTC printed a reversal candle and today we have follow up.
Strong resistance is being faced with a convergence of multiple moving averages. EMA10/21/50/100.
This is a critical point.
✔️ If TUELBTC can move and close above 0.00002395, additional growth is confirmed.
✔️Staying below this resistance can lead to the rising channel to break.
Going a bit deeper, we can see buy volume being predominant in the last few months.
The potential is bullish regardless of what the short-term does.
Namaste.
TFUEL/USDT LONG term idea.Some may know me for predicting every TFUEL bottom and selling every top. I bought TFUEL at 0.004 and sold at 0.67 and its all recorded in my social media. This is what I am currently watching and waiting TFUEL to do before end of 2023.
Some notable observations in TFUEL:
-HUGE resistance selloff at exactly 0.0747, breaking this resistance would mean a huge breakout leading us to .24.
- We can almost safely say the downtrend is over , as we are currently in a sidetrend(still waiting confirmation). If we break the sidetrend to the upside a new trend would be confirmed possibly leading TFUEL to an ATH.
- bullish divergence in MACD advanced
-TFUEL is lookikng like it is about to start a new trend in the WEEKLY.
Good day everyone.
Theta fuel (TFUEL) formed bullish Cypher for upto 35% pumpHi dear friends, hope you are well and welcome to the new trade setup of Theta fuel (TFUEL) with US Dollar pair.
Our last successful trade of TFUEL was as below:
Now on a daily time frame, TFUEL has formed another bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Tfuel On verge Of Massive Breakout Seems Like Tfuel Has Already Bottomed Out
Overall Moving In Descending Broadening Wedge In Higher timeframes
Now Testing Trendline Incase Of breakout Expecting Major trendline Test & If Major Trendline Broken Too Then Our Midterm Target Will Be In between 0.25 to 0.30
✳️ Theta Fuel vs Bitcoin | Another One (Name Your Altcoin #43) This is a pattern that we've seen so many times... It is good though because it makes our job easier, having all the charts look very similar or just the same.
Theta Fuel, TFUELBTC, has gone through "same pattern":
1) Low hit June/July 2022.
2) Higher low December 2022. (Some Altcoins produced a lower low but this doesn't make any difference for the action that follows).
3) Followed by a bullish breakout.
Notice the trading volume is clearly going in favors of the bulls.
We have prices trading above EMA50 but below EMA300 and MA200, meaning that this pair is not as strong as many of the others we looked at so far.
The potential is still there and all that is needed is patience to ride a nice bullish wave.
Since retraces are low volume and short, when the next push comes the bias is remains up.
Namaste.
TFUEL Descending Triangle target met $TFUEL Descending Triangle price target of $0.0631 met in the 4H chart. We can also observe the exit position triggered.
Theta Fuel | Bottom Signal ExplainedI mentioned how to spot a bottom based on the volume profile of a trading pair on the Ethereum Classic chart.
The volume was low on ETCUSDT so the picture wasn't clear, we can have a better look at it here.
Theta Fuel vs Tether (TFUELUSDT) Bottom Volume
Looking at the volume for bottom/support confirmation.
If we look from January through March 2022 we start with low/flat volume.
There is a spike in bear volume in March before a bullish wave.
The bear volume before the bullish wave predicts the capitulation phase.
After March 2022, volume goes down again as TFUELUSDT starts to drop...
A panic force takes over the market and bear volume is at its highest around mid-May, on the first major low.
Here is the signal...
TFUELUSDT continues crashing and ends up in a lower low, 15-June, but this time the bear volume is lower compared to May which tells us that the bearish momentum is lost.
Right after the lower low in mid-June, strong buy volume shows up...
In fact, the highest volume ever on this chart.
This is the bottom signal explained based on volume.
This type of volume dynamic points to a low/support being established, as this happened prices can now grow.
Additional bullish signals at this point can support the bottom volume profile analysis.
Namaste.