✳️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.
TFUELBTC
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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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.
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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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.
TFUELBTC the last bastion of the fall.first bastion of ascensionVirtual money has high profits and high RISK. THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion.
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Abundant earnings
Theta Fuel (TFUEL) Chart Analysis | Consolidation ContinuesTheta Fuel (TFUELBTC) had a very strong run in May, which is clearly visible on this chart.
After prices peaked on the 24-May, we saw a strong correction followed by a long consolidation period...
We have multiple bullish signals developing, let's look at those.
Prices bounced off EMA50 and moved as low as EMA200 on low volume but with little change.
Currently, prices are trading below EMA10, EMA50, and EMA100 but staying above EMA200, EMA300, and MA200.
Since TFUELBTC is staying above the major EMAs/MA200, the doors are open for growth.
* We are bullish on TFUELBTC as long as prices remain above EMA200/300 and MA200. (Green arrow)
* We go bearish, lower prices if TFUELBTC breaks below MA200 at 0.00000054 satoshis (red arrows).
Pretty simple.
Namaste.
TFUEL is still deeply undervalued !I got lucky when I got in at the end of may 2020 ... the DAY before the run up !!
I bought TFUEL at 30 sats before it exploded 10x
I sold on the way up and bought more XRP (my reserve currency - do not laugh at me for that - it's me).
Now that things have cooled off it may be time to get back into TFUEL.
I am buying since last week around 78 - 80 sats.
Right now TFUEL is battling with resistance at the 95 sats level.
Once it is cleared TFUEL will explode !
TFUEL is to THETA what GAS is to ETH:
It still has to do some catch up before it reaches 1/5 of a THETA (which was the original coin distribution metric).
THETA is currently at 43 cents.
1/5 would mean 0.086 USD or 8.6 cents
TFUEL price is currently 1 cent.
So it has to at least 8 x to catch up with THETA !!
If THETA doubles; TFUEL makes 17 x !!
TFUEL Ready for another wave 100% + Profit PotentialTFUEL is ready for another ride!
Refuel your TFUEL!
Now in consolidation and at the end of the pennant almost , we can see TFUEL is now in accumulation and can breakout of the pennant anytime soon !
IF we can breakout, we can expect another Bull run by TFUEL. The last run was over 1000%. But we except and want to be realistic and not live on moon.
TFUEL has added potential as now it is a successful candidate for Coinbase listing as well.
ENTRY: CMP (75 sats)
Targets:
82
92
104
122
205
SL: 68 sats (Daily close below)
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Remeber this always
#Golden Rule
#BTC moons Alts Rekt
This is what I think.
Share your opinion guys!
Stay safe
#PEACE
TFUELUSDVirtual money has high profits and high RISK. THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion.
If you find this useful and want more FREE guesses.
Please show your support.
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.
Abundant earnings
TFUEL/BTC (Danger Zone)TFUEL/BTC
-multiple rejections by the 50D MA as the price unable to break above it
-currently holding still the .618 fib support level
-this is very crucial for TFUEL because the more the support is tested
-the more it gets weaker in the long run & if this level of support will fail
-the downside target is .786 down to swing low at 67 sat