THETA and TFUEL- Dead Or Alive?? Honestly, no opinion here!
I'm asking you: Dead or Alive?
' 'Next generation video and entertainment blockchain powered by you ''. ThetaFuel ranked #93 on Coinmarketcap with 1 Billion dollars...
2 different charts, 2 different views.
Maybe a short on Fuel and a Long on Theta will be my decision..
One Love,
the FXPROFESSOR
Tfuel
URGENT UPDATE: The Best Triangle in the WORLD - A $THETA storySince I first drew the triangle in early October of 2021, my email box has been deadened with fan mail. Legions around the globe have deemed this triangle to be the "best triangle in the world". I am not sure about that! But it sure is interesting. Here is an update with current price action. Notice how $THETA constantly respects this triangle that it has now broken from.
The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
So..where do we go from here? Time will tell... But we are now out of the triangle.
OP: The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
TFUELUSD POTENTIAL SET UPAs you can see on the chart, i will wait he come back on the support and if he doesnt come back i will wait, he breakout the RSI 50 level in Daily timeframe.
SL : 20%
Risk : 1% capital
Bet : 5% of my entire capital
IF SL hit : 1% of my capital will be lost (20% of 5% : 1%)
I'll update when i will enter
feel free to comment
TFUEL LONG @ $0.356, SL $0.277, TP= $0.865, Risk Reward = 6.4Title says it all symmetrical wedge with compressed prices consolidating and now about to break out. Price is lagging behind the MACD breakout of the downtrendline on MACD. Bullish Divergence on MACD shows this is about to occur and price compressing like a spring should make this a very rapid move to the upside. Target Price = $0.865. This is a 6.44 R trade.
TFUELUSDT Technical Analysis
⏳ Spot
💎 TFUELUSDT has formed a symmetrical triangle. After the breakout I expect it goes for a retest of the previous resuscitate and after the rejection and forming a Bullish setup goes higher
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or from 0.3361 to 0.3264
☕️ TP1 0.3437
🍺 TP2 0.3687
🍻 TP3 0.3950
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.3150 to 0.3264
Good Luck 🎲
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TFUEL - Structure and TargetsA study of the structure of the TFUEL chart in the logarithmic scale, noting three periods that look to hold fractal similarity to each other.
What do you think, is TFUEL about to break out as it did in the past? If so, how high will it go this time? Let me know in the comments.
TFUEL - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $0.34
First Projection $7.16
7.16 / 0.34 = 21 X
Second Projection $40.47
40.47 / 0.34 = 119 X
Now for a regular old fellow such as myself, a 21 to maybe WOW 119 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 0.34 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
$TFUEL, Something to watch as its crossing above ~600 sats$TFUEL
Something to watch as its crossing above ~600 sats w/ UCTS 1D Buy signal and increasing volume..
Based on current market status it could easily go back to prior monthly high at ~900 sats
TD9 on the daily tho, so easy, it may do some weird stuff prior going up
#TFUEL
TFUEL Bullish!Money Makers!
Keep an eye on TFUEL. This project has always made huge moves when ready. I've drawn out a triangle and you can clearly see it's battling the resistance shown, and once broken it will most likely attempt to retest previous highs. I marked out the percent gain on the chart if you'd like to set sell orders at those levels. Let's see how it will play out in the upcoming days. It's all about Market structure, Area of value, and Entry Trigger.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
TFUEL - Potential +85% setupHello Traders!
TFUEL price has been in a basic trading range of $0.30 - $0.39 for a long time.
It looks like the market maker is waiting for the right moment in the market to start a new sharp trend on the news.
Purchases can be sought in the range of $0.30 - $0.34.
Stop-loss can be placed near the price level of $0.27.
You can hold the position till $0.59 - $0.63.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$TFUEL in a healthy trading range with strong upwards potentialIt has been quite a while since my last post, but lately the market was moving in a wide trading range of an accumulation phase.
One can clearly see that once the sell off of the overall crypto market was exhausted (low volume), several automatic rallies followed that got rejected at the previously established price levels (purple for weekly and white for monthy levels).
The price had already experienced a spring (downward movement, followed by a spring upwards) and now, it just saw a shakeout. Shakeouts can follow after a price advance has started, with rapid downward movement to induce retail traders and investors in long positions to sell their shares to large operators.
As long as the price moves within this trading range, I expect next a sign of strength, followed by a last point of support. I watch out for low volume and diminished spread, which will serve as a confirmation. Finally the price should take off.
For price target references I use my monthly levels of resistance (white lines).
As always, do your own due diligence. This is no financial advice, so trade with care!
For reasons of transparency:
I am invested in $PUNDIX and $TFUEL with 1/4 of my account size. The rest is buffer cash for buying dips.
THETA will go up from here $19+Theta is consolidating for some time after a massive pump. It's looking great and ready to take off for another run. If we see a pump in upcoming week and break $9-$10 it will surpass $19 easily. Either way, this is a great entry point for Theta (Not a financial advice)
TFUEL – Rally Targets – Logarithmic ScaleRe-running the TFUEL study in the Logarithmic scale and we see some clear and consistent structure to the market along the lines of a Fibonacci Channel.
Considering the completion of Wave 2 yesterday, this 3 Day Chart provides some insight and justification for higher targets for Wave 5.
Which do you think is more likely, the outcomes derived from previous Standard Scale chart or this Log Scale chart?