Etherparty (FUELBTC) Getting Ready To Pay... US!Trading volume has been increasing a lot lately for FUELBTC on Binance.
If you take a look at yesterday's candle, you can see one of the biggest volume bars yet.
Volume is one of the strongest indicators you can use to confirm any type of signal you get from a chart.
So we have high volume bars after high volume bars followed by a break above EMA10 and EMA50 (today).
Today's candle is yet to close, so this is an early signal.
FUELBTC needs to close above 0.00000228 for the above signals to remain valid. With that said, let's continue.
The MACD is entering the bullish zone after a bullish crossover.
The RSI is almost reaching 60, which is pretty good.
On the 4H time frame, there are some candlesticks that further confirm the upcoming bullish move that we are seeing here on the daily time frame.
The high volume bar yesterday is sitting on a Doji, which is a reversal signal.
Get ready, because FUELBTC is preparing for a strong move.
This post is shared for your learning and entertainment.
Thanks a lot for reading.
Namaste.
