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Thetafuelbtc

THETA/USDT 4HOUR UPDATE BY CRYPTOSANERSWelcome to this quick THETA/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-THATA/USDT bullish signal and buy green zone and ascending triangle pattern retest Entry:- $2.95 $3.20 Target:- $3.83 $4.22 $4.41 $4.65 Stop loss:-$2.66 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
TFUELUSDT another bullish reversal moveHey friends hope you are well. In my previous article on Tfuel I posted two charts. One was with US dollar pair and other was with Bitcoin pair. In both charts the price action of Theta fuel formed a bullish Gartley pattern on the 4 day chart. If we take a look at the Tfuel with US dollar chart then it has produced 108% profit so for and this trade has been executed successfully as the price action has entered in sell targets zone that I defined as per Fibonacci sequence of Gartley. Previous idea of Tfuel with US Dollar pair: Now if we take a look at the Tfuel with Bitcoin pair’s Gartley move idea then the priceline moved up from potential reversal zone and after more than 50% rally it is dropped down again in the PRZ level. Therefore this trade is still in progress and hope it will be executed successfully very soon. Previous idea of Tfuel with Bitcoin pair: The SMAs: Recently the price action broke down the 100 simple moving average support for a while. This moving average is working as a very strong support since after may 2020. This was for the first time that the price action broke down this level but soon candlesticks of Tfuel started moving above the 100 simple moving average. Now finally the price action has broken out the 25, 50, and 100 simple moving averages at the same time. We also have a long-term support of 200 simple moving average at a very long distance below the price action. The different support and resistance levels: Now if we take a look at the Theta fuel with US dollar pair daily chart again. Then after more than 108% rally the price action of Tfuel was moved down again in the potential reversal zone of the Gartley pattern. And after retesting the previous support at $0.008 recently it was moving within $0.01 to $0.008 level. Finally it has broken out the $0.01 level again. Now it can re-test the previous resistance of one cent as support and move up to the next resistance at $0.013. Another bullish Gartley move: Now if we switch to the long-term weekly chart then the price action of the Theta fuel with US Dollar pair has again formed and another very big bullish Gartley pattern and entered in the potential reversal zone. The buying and sell targets as per Fibonacci sequence of the Gartley can be as below: Conclusion: The priceline of Theta fuel is forming the different harmonic moves with Bitcoin and US Dollar pairs as well. In the meanwhile, we also have a significant event of test net smart contracts expected on 30th September. This even can be also helpful for Tfuel’s price action to achieve these targets. The price action might hit these sell targets before or after this event. This time the Tfuel has again the potential to produce up to 250% rally.
Long
by moon333
2
TFUELBTC forming bullish BAT | Upto 360 bullish move expectedHi traders hope you are good, there is another bullish wave possible by the price action of Theta fuel token with Bitcoin pair. Formation of bullish BAT pattern: This time on 12 hour chart the Ttuel token is forming a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be: Buy between: 0.00000073 to 0.00000048 sats Sell between: 0.00000133 to 0.00000221 sats Stop Loss: The potential reversal zone area that is up to 0.00000048 sats can be used as stop loss in case of complete candle stick opens and closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 360% and as per above mentioned stop loss, the loss possibility is 34% Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Long
by moon333
1
Theta Fuel (TFUEL) Has Spiked More Than 900% Before Mainnet 2.0Why traders are interested in Theta and the launch of mainnet 2.0: Hi friend hope you are doing good. Today I want to talk about Thetafuel coin that is the native token of Theta blockchain. If we visit their website then we can see that only 2 days are left in the launch of mainnet 2.0. Therefore the traders are interested to buy and trade Theta token and the Tfuel as well. But the theta token is spiked more than 300% and the TFUEL has spiked more than 900% therefore I would like to talk about that TFUEL. Down channel and the synchronized movement of price action with indicators: The price action of a TFUEL coin has formed a down channel on midterm 2 day chart. If we take a coser look at the chart then it can be observed that the movement of the priceline is very much synchronized with relative strength index (RSI) and Momentum indicator. Whenever the price action reaches at the support and the RSI visited oversold zone then momentum gives bullish signals and the price action turns bullish and reached at the resistance. Theta fuel coin has repeated this act three times during the movement within this channel. First time it produced more than 52% profit on the second time that it produced more than 76% and on the third time the price action broke out the resistance of the channel and so far it has produced 900% big gains. SMAs on daily chart: If we watch the simple moving averages and daily chart with the time period of 25, 50, 100 and 200 then it can be easily observed that the price action has crossed up all these simple moving averages with a powerful rally. And all these moving averages has formed an opened alligator mouth as we have the smallest simple moving average above all and the biggest simple moving average below all other moving averages. But there is a little bit critical situation that the distance between the moving averages and the candlestick very big. Therefore the candlestick doesn't have support of the moving average nearby its tail. So if the price action will start a correction rally and drops down upto the 25 simple moving average to use it as a support then it will be a huge loss for the trader who has bought the Tfuel at this point. EMAs on long term chart: Now I would like to show you a bullish position of the exponential moving averages with the time period of 10 and 21 on long term weekly chart. It can be clearly seen on this chart that price action has crossed up the EMA 10 and 21. That is very strong bullish signal on this weeky chart. And the candlestick has crossed up these two EMAs with the powerful bullish spike. And now the next candlestick has opened above these two emponential moving averages. But again we have the same critical situation here like we have on the daily chart with simple moving averages. And that is the distance between the EMAs and the candlestick is very big so if the price action will move down to retest these EMAs as support then again there will be a huge loss for the traders. The use of up channel for safe trading: Now the question is that if someone wants to buy Tfuel here then what can be the safest way. I have found two safe ways to trade the Theta Fuel here. And one more thing that the price action is too much bullish therefore we can have the swing trading chances on the small time period candlesticks. So if we switch to the 30 minutes then we can see that since two days the price action is moving within an up channel. And that is a very good opportunity for the traders to buy at the support of the channel and sell at the resistance as the price action is moving within the support and resistance very well. But again the stop loss is very much important because the price action is already moving above the 900% level. So the support of this channel can be used as a stop loss. If the price action will break down the support then you should take exit from this trade to minimize the risk of loss. Average true range trailing stop indicator: The more safe way that I have found is to place average true range trailing stop indicator on 15 minute chart. This indicator is available on the tradingveiw. You can create your account there because there are more than 5000 indicators available that can help you in trading. Now let's move to the chart again. After placing this indicator you can use it as a buy and sell signal and the stop loss as wel. Here is the way how. First you need to watch when the candlesticks are crossing up the average true range indicator then you can buy and when the candlestick will cross down this indicate then you can sell. For example the candlestick crossed up this indicator on 23rd May and the closing price of that candlestick 79 sats. And at this time the price line is moving around 223 sats. So its mean if you would have bought at 79 sats then you would be add around 200% profit. This is only one example I have shown when you will move back on this chart then you will find tons of examples where the priceline has produced big profits on the small time period candlesticks with this indicator. I would repeat again that this indicator should be used as a stop loss strictly. For example if you have bought using buying signal of this indicator and if the price line crosses down or breaks down the indicator’s line then you should sell. Because if the price line will be dropped from here in starts a correction rally on big time period charts then you can get stuck in trade for the long time period. Conclusion: Even though the price action of the TFUEL is moving above 900% level but it is still producing hundreds of percent by giving the chances of swing trading even on the small time period charts. But trading such coins involved high risks therefore the stop loss strategy is must. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.  
Long
by moon333
7