Don't buy Theta Fuel!Under no circumstances should you buy this altcoin now! It doesn't matter it's TFUELBTC or TFUELUSDT.
Of course, it can still grow. There are a lot of people who want to buy it now.
But there is a gap. TFUE can grow but also can fall.
Altcoins are dangerous enough. They always have a large stop loss.
But in this case, the stop loss can be placed at 80%. The risk/reward is very bad. You can either earn or lose 80% on this position. That's an awful lot.
This is not a call for a short. You can't short altcoins in this market situation. But if you are want to open positions, we advise you to think about it.
If you already have positions, then it is a good time to close it or move it to breakeven.
Recall that it is very dangerous to enter the position of altcoins for more than 5% of the capital.
Stick to your risk management.
Tfuelusd
🆓Theta Fuel/USDT Analysis (26/2) #TFUEL $TFUELTFUEL is heading to 0.07$ zone, which has a reliable buying force in a few days ago. We can expect TFUEL may continue the rally from that zone.
If 0.07$ zone fails in stopping this drop, it will move down to 0.06$ or even 0.04$ in March
📅EVENTS
👉Mar 31 : 1-Click Delegated Staking
👉Apr 21 : Mainnet 3.0
👉Jun 30 : LINE DApp Integration
👉Jun 30 : V2 Edge Compute
👉Jun 30 : App for Ledger/Trezor
👉Sep 30 : Edge Catching Use Cases
👉Sep 30 : Edge Compute Use Cases
👉Sep 30 : V2 Edge Streaming DApp
👉Dec 31 : Beta Edge Storage / IPFS
👉Dec 31 : V2Smart Contract Platform
📈BUY
-Buy: 0.07-0.073$. SL if B
-Buy: 0.09-0.094$ if A. SL if B
📉SELL
-Sell: 0.09-0.094$. SL if A
-Sell: 0.122-0.128$. SL if A
♻️BACK-UP
-Sell: 0.07-0.073$ if B. SL if A
-Buy: 0.057-0.06$. SL if A
-Buy: 0.04-0.042$. SL if A
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
TFUEL might pump even higher if it breaks this trendMy previous prediction was 100% accurate as we're witnessing the ongoing TFUEL pump.
What's next for TFUEL?
Keep an eye on this trend and place orders accordingly. I am still holding but if I could, i would buy some at 0.050 and stop buys at around 0.0563.
Not going long because it's too soon to comment, but I see a good chance of TFUEL breaking this trend very soon.
TFUEL PUMPING 50% SOONTFUEL has been at 0.038 for a few hours now, trying to break the 0.039 resistance.
Meanwhile, THETA broke its ATH and set a new ATH at 2.785. Since TFUEL and THETA and highly correlated, we should see a similar uptrend in TFUEL soon.
BUY 1: Stop order triggering at 0.041
TARGET 1: 0.055 - 0.065 depending on how the new trend line finds a support.
PROFIT: Up to 58%
BUY 2: To be updated
TARGET 2: 0.075-0.085
PROFIT: Up to 107%
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
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
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
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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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 ⚠️
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Please Exercise Risk Management 💱
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Theta Fuel (TFUEL) - October 8Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You need to make sure you can get support at the 0.009303 point.
If it falls, you'll have to get support at 0.008279 and see if it rises above 0.008509.
The uptrend is expected to begin as it breaks through the downtrend line (2), and it remains to be seen if it can break the downtrend line (1).
If it falls from the 0.008279 point, it is likely to fall below the 0.006229 point.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
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)
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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TFUELUSDVirtual money has high profits and high RISK. THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion.
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