#TFUEL : Up to 150% Profits For The Mid Term#Accumulation_Recomendation
Pair : #TFUEL / #BTC
RSI : 46
Note : #TFUEL is one of the alts that showed a very high deep downward move in its performance in the current downward move of the alternate coins and showed some glowing candle stick formation with more bullish indications. It already broke out from the triangle created with a good bullish engulfing candle. Volume looks good and both MACD and RSI are looking very bullish too. EMA is also showing a good bullish behavior for an uptrend move.
Accumulation Area : 74 sats - 80 sats
Distribution Area
Short Term:
Target 1 : 87 sats
Target 2 : 98 sats
Target 3 : 106 sats
Target 4 : 115 sats
Target 5 : 127 sats
Target 6 : 142 sats
Target 7 : 165 sats
Target 8 : 187 sats
Stop Loss : Close below 68 sats.
Risk : High
Capital Accumulation : 5%
@TogetherWeAccumulate
Breakingout
REP : Upto 100% Profits Opportunity in the Mid Term.#Accumulation_Recomendation
Pair : #REP / #BTC
RSI : 38.9
Note : AUGUR was also one of the alt coins that have been in a downward trend without that much reversal bullish move since Mid April. It seems we are no going to witness a good reversal upward move. It already formed a falling wedge pattern and broken out from the formed triangle by yesterday's bullish candle. We might see a little bit downward retrace in the current candle within itself and if volume input increases in the mean time we will be trying to test the next strong resistance at around 2748 sats price level. MACD is looking good for the mid term but RSI needs a wake up call to see a good pump in the short term. EMA looking good for the short term though.
Accumulation Area : 225000 sats - 235000 sats
Distribution Area
Short Term:
Target 1 : 253400 sats
Target 2 : 274800 sats
Target 3 : 290700 sats
Target 4 : 308500 sats
Target 5 : 335700 sats
Mid Term:
Target 6 : 362900 sats
Target 7 : 401600 sats
Target 8 : 451000 sats+
Stop Loss : 194500 sats
Risk : High
Capital Accumulation : 3%
Steem Breaking Out From Falling WedgeSteem is one of the cryptocurrencies which have a very good potential in the near future. It is also another alternate currency that is undermined coins out there in the crypto market arena. Since May it formed a falling wedge which is basically because of Bitcoins effect on the overall market. It seems it ends it corrective elliot wave and is looking for a rally. Both RSI and volume showing a good strength of the coin. It already breaks the trend resistance line and if it can close above the first strong resistance at the 23.6% fib level around 28894 satoshi's we might see a further developed rally up to the 50% fib level in the mid term.
Possible Targets / Fib Levels
Target 1 : 28894 sats
Target 2 : 34953 sats
Target 3 : 39851 sats
Target 4 : 44748 sats
Good Luck.
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