TFUELUSDT trade ideas
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
Theta Fuel (TFUEL) - Bearish divergenceThe probability of further upside following a massive 86,000% return since last March and multiple overbought conditions has reached a limit. The risk / reward now favours sellers.
Why bearish? On the above 4-day chart:
1) Price action has broken the 21-week EMA (yellow line) with a full bodied candle. Price action has also failed to confirm the ascending triangle pattern with a breakout to the underside.
2) Bearish divergence between price action and the oscillators. See 2-week chart below.
3) RSI support has failed with RSI now <50 = very bearish.
4) Astonishingly 96% of tradingview ideas are long counting the first 50 recently published. 90% of traders out there will lose money. Don’t be the 90.
5) Bearish engulfing candle recently printed on 2-week - remember this is a 2-week chart, very powerful.
A short entry from 38 cents is amazing.
Trade is void with price action holding 45 cents > 1-week.
Target? 3 cents.
WW
TFUEL/USDT LONG term idea.Some may know me for predicting every TFUEL bottom and selling every top. I bought TFUEL at 0.004 and sold at 0.67 and its all recorded in my social media. This is what I am currently watching and waiting TFUEL to do before end of 2023.
Some notable observations in TFUEL:
-HUGE resistance selloff at exactly 0.0747, breaking this resistance would mean a huge breakout leading us to .24.
- We can almost safely say the downtrend is over , as we are currently in a sidetrend(still waiting confirmation). If we break the sidetrend to the upside a new trend would be confirmed possibly leading TFUEL to an ATH.
- bullish divergence in MACD advanced
-TFUEL is lookikng like it is about to start a new trend in the WEEKLY.
Good day everyone.
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
TFUEL/USDT ready for takeoff TFUEL did a nice 165% move from the 1st of January 2023. after that we got weeks of retracing till a few days ago. We could count wave 1 of 5 is complete and we also completed 2nd wave retrace. Now we started with wave 3/5 which is most of the time the longest wave. In my analysis I see TFUEL goint to aroud $0.14-016 in the coming weeks.
#TFUELUSDT - Long - Potential 27.16%#TFUELUSDT
Strategy: Long
Exchange: BINANCE
Spot
Entry Mode: Limit DCA
Invest: 5%
Exit:
Target 3 : 0.0545 32.52%
Target 2 : 0.0489 18.91%
Target 1 : 0.0442 7.48%
DCA Entries
Entry 1: 0.0432 - 25%
Entry 2: 0.0417 - 25%
Entry 3: 0.0398 - 50%
Market Price: 0.0432
Stop: 0.0396 (-3.71%)
Technical Indicators:
Volume 24h: 1428559.664
Satoshis: 0.0432
Analysis: TradingView
Bullflag breakout
ID: 572139
Trade: TFUELUSDT 14/11/2022 11:18
Account: SPOT
Volume last 24h: 1428559.66 USDT
TFUEL/USDT Breakout alert!Good morning guys,
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.
As one of our followers asked us to analyze this coin here we are. Recently it had a massive breakout from that resistance that help the price back for some time so now we have several options but we will tell you two of them.
Firstly - The resistance that it broke will turn into Support and won't let it breakdown from there meaning price could go up to $0.14
Secondly - Price will struggle at $0.75 and breakdown to $0.6 where we should see a correctional bounce up
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Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.