TFUELUSDT trade ideas
🌧️ TFUEL In Bullish ChannelTFUEL has been in a bullish channel for a while now. Assuming the bullish channel holds, TFUEL is expected to move upwards together with the release of an NFT marketplace for THETA by 25 April. For less risk, wait for a breakout on the local wedge and ride it to the top of the bullish channel.
Tfuel Bearish divergence 24HPossible LONG entry levels for TFUELUSDT
First entry position at buy zone1 around 1.618fib retracement ($0.3)
TFUELUSDT has bounced a few times from that area but if support won't hold a possible drop down to buy zone 2,
which is the length of the flagpole(depending where it will break out(downside) from the wedge. That would also be a good place if you want to go short.
Pattern is invalid when price breaks out to the upside from the rising wedge and retest the channel as support.
Just an idea no financial advice
Fill up your rocketship with some TFUEL They say Trend is your friend and rightfully so with this chart, TFUEL has been moving within these zones With a high of 57 cents and current price of 40cents Tfuel is currently consolidating and refueling for its next run,
Big things for the network in the upcoming month, it was unfortunate that they delayed there mainnet which angered the community and played into the price drop as volume is on the decline, otherwise it could have went parabolic, but it gives us time to dip into other projects to build capital and return to Tfuel in the upcoming weeks knowing from recent price action what is ahead as we near the launch.
A good idea to slowly accumulate it on dips around the 38cent mark
Always try and get in before the crowd to maximize your gains :)
and once again if btc holds steady this will play out.
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.
this is not financial advice but hope this has helped.
TFUEL in the diary can break this steep LTA!?Technical analysis regarding the price of BINANCE COIN in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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