TFUELUSDT IS ABOVE SUPPORT RESISTANCE!TFUELUSDT IS ABOVE SUPPORT RESISTANE!
CAN REVERSE UPWARD FROM THE SAME SUPPORT RESISTANCE LEVEL.
TFUELUSDT trade ideas
TFUEL/USDT - Looking ready for a nice moveTfuel has a nice accumulation and now is looking for a move to the upside.
Chikou, TK Cross both bullish and first candle close in the cloud.
Could have a large return!
Trade, Chart, Learn, Repeat
Coach K
TFUELUSDT formed bullish Gartley | A good long opportunityWorld's 290th ranked crypto token Theta Fuel (TFUEL) has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look at the dimensions of TFUEL price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.002518 to $0.002438
Sell between: $0.002581 to $0.002737
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic Gartley pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Possible H&S pattern on TFUEL/USDTPossible Inverted Head and Shoulder's pattern.
We need to complete the right shoulder and confirm it.
If not, we can raise to the bottom of the canal around 0.0085 USDT
T-Fuel- falling wedge breakoutNotice how TFuel broke out of falling wedge and has now fallen back to retest support that is holding- potentially a perfect set-up for a nice swing trade.
Binance, TFUEL/USDT, Similar like FET? Buy on :
Reversal: 0.01443-0.01547,
Demand: 0.01227-0.01295,
Bearish: 0.01044-0.01140,
Sell on Target: 0.01855, 0.2086, 0.02727
TFuel- breakoutFalling Wedge breakout last night- preparing for upswing- indicators suggest a few hours before up move most likely
