Tfuel
THETA will go up from here $19+Theta is consolidating for some time after a massive pump. It's looking great and ready to take off for another run. If we see a pump in upcoming week and break $9-$10 it will surpass $19 easily. Either way, this is a great entry point for Theta (Not a financial advice)
TFUEL – Rally Targets – Logarithmic ScaleRe-running the TFUEL study in the Logarithmic scale and we see some clear and consistent structure to the market along the lines of a Fibonacci Channel.
Considering the completion of Wave 2 yesterday, this 3 Day Chart provides some insight and justification for higher targets for Wave 5.
Which do you think is more likely, the outcomes derived from previous Standard Scale chart or this Log Scale chart?
TFUEL – Rally Targets – Standard ScaleSome apparent targets for the coming TFUEL rally became apparent after work up this chart.
With the Pitch Fan fitting well the price action since the low, it looks like Elliott wave 3 has commenced, with 4 and 5 to follow.
Do you think the Pitch Fan and Fibonacci projections adequately capture the potentials for TFUEL?
… or should we be looking at the Log Scale?
TFUEL godlike entry in giant formationTFUEL (THETA's sub-coin) is in a huge ascending triangle formation. It may take a while until we see some nice moves here, but if you believe in theta fundamentals, this might be a perfect buy opportunity for long-term hold.
Short-term targets only:
TP1: 0.3873
TP2: 0.4619
TP3: 0.5756
SL: Manual sell if needed- no stop loss as long as btc and overall market structure stays bullish
TFUEL formed bullish Shark for upto 53% moveHi dear friends, hope you are well and welcome to the new update on Theta fuel (TFUEL).
Tfuel is holding a nice trendline support:
At the same time the price action of TFUEL on daily time frame chart has formed a bullish harmonic Shark pattern as well.
Buying and sell targets:
Buy between: $0.4281 to $0.3808
Sell between: $0.4790 to $0.5829
Stop loss:
The maximum extent of potential reversal zone $0.3808 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 53% and a loss possibility is 11.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
TFUEL/USDT . Likely bounceTFUEL/USDT . entering a good buying zone to accumulate..
After it rallied around 80% . TFUEL finally got pullback to fib 0.5 - 0.618
I think this is a good opportunity to enter.. because the 4H RSI is still at low point too.
I got my position at 0.289 (spot trading), and i'm holding it for mid-term target.
TP target is following my drawline.
waddya think?
*not financial advice
Trade strategy for TFUEL in weeks ahead.TFUEL completed a BAT pattern and breakout.
as shown on the chart we can see both HD+ and RD+
divergences on MACD and it is likely that TFUEL is
in a position to continue moving up. while weekly momentum
is bullish and daily momentum approaching oversold (OS) zone
the next daily momentum reversal could be a good opportunity
for bulls and also as a target top of channel could be a reasonable
target that it is overlap with BAT pattern PRZ.