Uptrend Started Where Expected. Possible New ATHYesterday’s fall in Bitcoin affected all cryptocurrencies. Despite this, TFUEL has performed well in recent months.
Bitcoin touched the strong support line yesterday and a new uptrend began. New TFUEL uptrend also started where expected. Soon there will be a major event for TFUEL, Theta MainNet 3.0 launch, which should positively affect and help TFUEL reach a new ATH.
Theta MainNet 3.0 introducing TFUEL staking & uptime mining!
What do you think about that?
Not investment advice.
Thetafuel
TFUELUSDT | The perfect place to continue the uptrend!TFUEL was unable to break the sell wall yesterday despite strong buying pressure. I think the next uptrend will be able to break this wall. Plus, the Theta Nework main event is about to happen. Theta MainNet 3.0 Introducing TFuel Staking & Uptime Mining.
Not investment advice. Just an idea.
TFUELUSDT | Previous goals have been achieved. Uptrend continuesAll previous goals have been achieved. Next target is ≈ $0.70!
Not investment advice. Just an idea.
Check out, please, my previous ideas and let me know what you think about them! All kind of support, opinions, comments are highly appreciated and help me look at the situation from a different angle.
Theta fuel TFUELUSDT expected return 250% by June 30thHello everyone,
first before I present my technical analysis let me briefly introduce my methodology. the price is represented by white candlesticks, the top chart is 12H candlesticks while the bottom chart is 30Min candlesticks. the set of technical indicators on the price is composed of 9 price moving averages of the following lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). At the bottom of the top chart, in orange is the 365 moving average of 12H return in % (multiply that number by 2 and it gives the average % daily return over the past 6 months). finally, at the bottom of each chart, the black area represents the volume moving average (the volume is related to BINANCE exchange). the purpose of using this methodology is to analyze the trend and volatility over the short-term, mid-term, and long-term.
Now, let's get to the technical analysis. in the first step, the rate of return is calculated using the average % daily return over the past 6 months (the number in orange multiplied by 2) which is around 1.18% . On this rate TFUELUSDT price multiplies 2X times monthly, in other words, 100% expected monthly return. the second step, the trend is analyzed based on the movement/curvature of the price moving averages which in this case indicate that TFUELUSDT is attempting to breakout of the stationary state entered since mid March. the third step, the volatility is analyzed based on the weekly return. the weakly volatility appears to be rising which indicates expected long-term trend continuation. finally the volume appears to be rising which further supports the results reached in the previous steps.
my conclusion is that based on technical and quantitative analysis Theta fuel TFUELUSDT is the best trade currently on the market with expected return of 250% and risk of 25% if this position is held until the end of June.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio.
please follow me in order to see updates on the idea, and to see my new trading ideas.
please like, comments, and share. If you like my ideas you can support me by tipping me through my TFUEL wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
Theta Fuel 🔥TFUEL on Fire again
Ciao, come stai ?
lets look at out hot token TFUEL, Theta Fuel is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.
TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.
In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.
targets 0.6 - 0.65 - 0.7 - 0.8
stop loss 0.45 - 0.4
Theta and Tfuel a big move expectedWelcome to the new update on Theta and Tfuel.
The Theta Mainnet 3.0 is scheduled to be released on the 30th of June, therefore Theta and Tuel both can make big moves before this event.
Tfuel breakout of broadening formation:
The price action of Tfuel has broken out the resistance of a broadening formation.
Now we have the price level resistance at $0.46.
Today the price action is also breaking out the $0.46 if the daily closing will be above $0.46 then it can be ideal buying.
The technical target of this pattern is $0.60 however, there is Theta Mainnet 3.0 release expected on 30th of June. Therefore we can expect higher profits.
The previous resistance of this broadening formation can be used as a stop loss and the previous price level support of $0.40 can also be used for this purpose.
Tfuel and the different SMAs:
The price action of Theta Fuel has also broken out the different simple moving averages on the daily time period chart, like, 25, 50, 100, and 200.
Theta reached the resistance of channel:
The price action of Theta has formed a down channel on a daily time frame.
Within this channel the price action of Theta first formed a falling wedge and after breaking down the support of the wedge it formed another bullish pennant.
Now the price action is breaking out the resistance of the bullish pennant. If the pennant will be broken out then the price action can easily break out the resistance of the channel as well.
Theta and the different SMAs:
On the daily time frame chart, the price action of Theta has taken a nice bounce from 200 SMA, and now while it is breaking out the bullish pennant at the same time it is also breaking out the 25, 50, and 100 simple moving averages.
Conclusion:
Before the previous event of Theta 2.0 Mainnet launch, the price action of Tfuel produced more than 1200% profit and Theta generated more than 700%. Therefore this time we can expect that Tfuel can produce more gains than Theta.
Theta Fuel (TFUEL) breaking out resistance for massive moveHi dear friends hope you are well and welcome to the new update on Thetafuel (TFUEL).
The price action of Tfuel has broken out the resistance of a broadening formation.
Entry:
Now we have the price level resistance at $0.46.
Today the price action is also breaking out the $0.46 if the daily closing will be above $0.46 then it can be ideal buying.
Targets:
The technical target of this pattern is $0.60 however, there is Theta Mainnet 3.0 release expected on 30th of June. Therefore we can expect higher profits.
Stop loss:
The previous resistance of this broadening formation can be used as a stop loss, or the recent swing high before the breakout which is $0.40 can also be used for this purpose.
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.