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Theta Fuel / TetherUS

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TFUELUSDT trade ideas

Tfuel is gearing up to put its name on the mapSome time in the near future TFuel is going to have a 100+% gain. It is going to cross upwards and take off. Descending triangles are more often seen as bearish, but do breakout upwards. See BTC chart after it broke out of its long descending triangle. I see this playing out similarly. Additionally, with the success of how things are going with Theta, it is just a matter of time before tfuel follows suit. We may see a dip below initially, but followed by a strong recovery. Here is how I think things will play out. Time isn't scaled correctly. Overall I see a Large cup and handle. This will also play out the first leg of 5 part Elliot wave. Buy and Hodl Edit: It didn't scale correctly. Screenshot added
Long
by Juba409
5
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. -------------------------------------------------- ----- 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. ---------------------------------------------- ** 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.)
by readCrypto
1
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.
Long
by moon333
2
TFUELUSDT AnalysisI am currently bullish about TFUEL at the moment, while EngineeringRobo remains bearish. If you're holding TFUEL, it is likely best to hold and wait for the EngineeringRobo sell signals or you can sell at the resistance level (0.025). If you're looking to buy, you can buy at the support level (0.0079) or wait for further EngineeringRobo buy signals. What ever level you choose to buy or sell at, you should watch EngineeringRobo signals closely! If you want to use EngineeringRobo, DM me!
by DanFox0x7C6
2