TFUELUSDT
TFUEL/USDT next potential move 🚀 🔥🔥 ThetaFuel today analysis
💎 TFUEL is gearing up for an exciting move. It's currently trading within a descending channel and is on the brink of an upward breakout.
💎 Another key observation is that the price is maintaining strong momentum above the 21 EMA, which further bolsters the potential for a bullish move.
💎 The presence of a demand zone is another crucial factor to consider. We have a clear supply zone, so we expect the price to mitigate that level before deciding on the next move.
💎 The RSI is also indicating that the upward momentum isn't over yet, as it's above 50, signaling a potential upward trend
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
TFUELBTC APEX moment of truthcryptocurrencies that have gained popularity in the cryptocurrency market in recent years. Theta Network is a decentralized video streaming platform that aims to revolutionize the online video industry, while Theta Fuel is the native cryptocurrency of the Theta Network that is used for transaction fees and governance on the network. Here are some reasons why Theta Fuel may be a good investment for the long term:
Growing Adoption: Theta Network has partnerships with major players in the video streaming industry, including Samsung and Google, which demonstrates the growing adoption of the platform. As more users and content creators adopt Theta Network, the demand for TFUEL may increase, potentially driving up its price.
Unique Value Proposition: Theta Network is a unique blockchain project that aims to solve real-world problems in the video streaming industry. The platform offers faster and more cost-effective video streaming services by leveraging a decentralized network of nodes. This unique value proposition could make Theta Network and TFUEL more attractive to investors in the long term.
Mainnet 4.0: new projects (subchains) joining the Theta ecosystem and adding volume.
Experienced Team: The Theta Network team includes experienced professionals from the technology and video streaming industries, which could give investors confidence in the long-term prospects of the project.
TFUELBUSD Another perspectiveNote this is a TFUELBUSD and chart/prices will vary and look distinct.
This is another perspective TA to view TFUEL.
As long as support holds, we are due to break resistance into the 0.10+ level
Theta fuel (TFUEL) formed bullish Cypher for upto 35% pumpHi dear friends, hope you are well and welcome to the new trade setup of Theta fuel (TFUEL) with US Dollar pair.
Our last successful trade of TFUEL was as below:
Now on a daily time frame, TFUEL has formed another bullish Cypher move for another price reversal.
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 On verge Of Massive Breakout Seems Like Tfuel Has Already Bottomed Out
Overall Moving In Descending Broadening Wedge In Higher timeframes
Now Testing Trendline Incase Of breakout Expecting Major trendline Test & If Major Trendline Broken Too Then Our Midterm Target Will Be In between 0.25 to 0.30
Theta Fuel | Bottom Signal ExplainedI mentioned how to spot a bottom based on the volume profile of a trading pair on the Ethereum Classic chart.
The volume was low on ETCUSDT so the picture wasn't clear, we can have a better look at it here.
Theta Fuel vs Tether (TFUELUSDT) Bottom Volume
Looking at the volume for bottom/support confirmation.
If we look from January through March 2022 we start with low/flat volume.
There is a spike in bear volume in March before a bullish wave.
The bear volume before the bullish wave predicts the capitulation phase.
After March 2022, volume goes down again as TFUELUSDT starts to drop...
A panic force takes over the market and bear volume is at its highest around mid-May, on the first major low.
Here is the signal...
TFUELUSDT continues crashing and ends up in a lower low, 15-June, but this time the bear volume is lower compared to May which tells us that the bearish momentum is lost.
Right after the lower low in mid-June, strong buy volume shows up...
In fact, the highest volume ever on this chart.
This is the bottom signal explained based on volume.
This type of volume dynamic points to a low/support being established, as this happened prices can now grow.
Additional bullish signals at this point can support the bottom volume profile analysis.
Namaste.
TFUELUSDT - BULLISH SIGNAL UPDATE!!As you all know, TFUEL is not performing well from last 16 weeks and according to the Chart patterns, Ascending TRIANGLE is formed, Breakout formation is also nearly there and also indicators giving bullish signal.
DYOR Before taking trade, as I'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Duration:
MID-Term (2 - 8 Months) Trade.
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
TFUEL daily has made an amazing bullish rebound!TFUEL daily still intact and DeMark 9
now registers and we may of hit the bottom now.
RSI looks very oversold and very bullish.
TFUEL has already went up 53% in the last
4.5 days and the RSI has barely even moved...
that is a great bullish sign for a nice upside
price action.