Long

Theta Fuel Short-Term: Perfect Double Bottom (100-200% Bu-Pot.)

4 days ago

Here we have a perfect double-bottom and this tends to work as a reversal signal. A double-bottom means that the previous bullish wave has been corrected by 100%. That is, TFUELBTC hit a low and this low was followed by a bullish wave, a correction then removed all gains with support being found at the exact same level before the original up-move. In this case, this level stands at 82 satoshis or 0.00000082 BTC.

The development of a new bullish wave is supported by rising volume, short-term price action and marketwide action.

Short-term, we have higher lows with resistance being challenged as buying pressure builds up.

Marketwide, we have now dozens and dozens of Altcoins vs Bitcoin pairs that have been growing between 80% and 150% in the last 1.5 months.

Theta Fuel will not stay behind and it can easily grow 100%, 200% or even more.

Namaste.

AlanSantana

🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com

🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)

🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com

Related publications

Syscoin Massive Bullish Breakout Confirmed (Short-Term Move Map)

Flux | Back To Basics (470% BU-Pot.) +Crypto Market Dynamics

Origin Protocol 600% Bullish Wave Mapped

SAGA EZ-Short-Term Target Mapped (115% - 174% Potential)

DigiByte | Lowest Price In 3,555 Days (Since 2014)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.