TFUEL/USDT . Likely bounceTFUEL/USDT . entering a good buying zone to accumulate..
After it rallied around 80% . TFUEL finally got pullback to fib 0.5 - 0.618
I think this is a good opportunity to enter.. because the 4H RSI is still at low point too.
I got my position at 0.289 (spot trading), and i'm holding it for mid-term target.
TP target is following my drawline.
waddya think?
*not financial advice
TFUELUSDT trade ideas
BREAKOUT WAIITTTTHi Folks,
Time to take a close look on Theta fuel/ USDT.
We have a possible breakout occurring. We have almost reached the APEX of a ascending triangle on the 4 hour chart.
There is the Golden Cross on the Ma's.. that's nice and positive.
The RSI is at 55 so we have lots of space to make some gains closing 70/80 on the RSI.
Momentum has reached it's point above equilibrium.
The daily chart tells us that prices ranging above the 200 day MA.. that's bullish.
RSI at 50 and momentum close to equilibrium.
One note on the candlesticks at the daily bar chart.. these are small bodied candles with not much volume behind it.
This seeks to the price is looking it's way and tells us there is some indecision lately.
Let's fasten your seatbelts and be ready for a nice ride.. I hope!
Just have your stop loss fixed and don't risk more than 0.5/1% of your account per trade!
Tfuelusdt trading opportunityPotential correction is expected. Focus more on the Buyer area of interest for possible long which serves as major support zone.
Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.
Thank you.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio. We wish everyone success.
Trade strategy for TFUEL in weeks ahead.TFUEL completed a BAT pattern and breakout.
as shown on the chart we can see both HD+ and RD+
divergences on MACD and it is likely that TFUEL is
in a position to continue moving up. while weekly momentum
is bullish and daily momentum approaching oversold (OS) zone
the next daily momentum reversal could be a good opportunity
for bulls and also as a target top of channel could be a reasonable
target that it is overlap with BAT pattern PRZ.
TFUEL > Triangle Breakout > How to Trade?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of TFUEL.
According to my technical analysis, ThetaFuel is moving in a triangle structure. Next move will be decide on the next candle out of the structure.
If we see a Bull Cabdle breaking the Triangle, then we will buy it else, sell it!
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Everything will be alright. Hi Folks,
Greetings from Amsterdam and goodmorning to y'all ..
HERE IS AN UPDATE on TFUEL/USDT pair.. We made a great rally lasts days and we see a little correction.
Watch the description in the chart.. I have explained why I sold after the 2nd rejection of resistance..
And I am ready to buy back In again.. Waiting for a little confirmation (bullish) on the next candle.
Spinning top at a low price area is a possible trend reversal signal again. I say POSSIBLE. it can be either way.
That is why we wait ;)
For people following me they already know I don't like to make charts more precious then they are with all those indicators etcetera.
For me trading is keeping it simple and be honest about what you see.
I often use the reading of the candlesticks + RSI + volume....
Candlesticks tell me exactly what is going on at the moment. 1. price 2. supply and demand 3. the psychology of the market participants.
That is all I need to know with the RSI + volume confirming what the candlesticks tell..
What is your favorite strategy ?
Please leave a comment below.
For know I expect price to rally up again. because the little trend line drawn shows us that that price level has held for 3 times now and even when it got broken price immediately rallied up.
But hé it all can be different in 1 second. ;)
Have a nice day and make fun trading.
TFUELUSDT How we made 30% with short Position 🦐today we want to share How we made 30% profit after the price created a double top on the daily timeframe.
When the price satisfied our strategies we opened a short position.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TFUEL/USDTWe have 2hr bullish divergences on RSI + OBV - good opportunity the trend will reverse.
Every marked level (daily, weekly, monthly) = set take profit limit. POC (red line), place with the most of volume is TP1 for me.
BTC will affect the progress of this setup so I will be careful in case of dump.
!!! This is just paper trade, please dont follow my setups blindly without your own analyse !!!
Possible Flag Formation! Upcoming PerspectivesA week has passed since Bitcoin bounced off the 28,805 USDT.
Over the past month, it has been noticed that TFUEL is weakly dependent on Bitcoin. However, the fall of Bitcoin to the next support level, combined with the TFUEL downtrend, resulted in a strong drawdown in its price.
Today, supply and demand of TFUEL have been slightly balanced. Presumably, this is due to the fact that stop-loss orders were activated at the level of about 0.36 USDT and a large amount of TFUEL was sold. Then the TFUEL price touched the possible strong support level.
I see two possible development scenarios.
The first scenario (dashed line). TFUEL will bounce off the 0.35 USDT level and head above the 0.70 USDT level, forming a flag. The possibility of this scenario will increase in the case of a stable, durable Bitcoin uptrend, as I described in my last BTCUSDT idea.
The second scenario (dotted lines). TFUEL will drop to 0.25 USDT and then head to the level above 0.70 USDT, also forming a flag.
Both scenarios are highly possible to happen, especially given the recent launch of Theta MainNet 3.0 and the good Theta Network ecosystem. The main threat to the scenarios is the sharp drop in Bitcoin. There is a possibility that a large volume of sell orders will not have time to dissipate in the case of the continuation of the Bitcoin downtrend. However, don't forget the positive impact of good news!
The idea will be invalidated in the case of a strong deviation from the intended paths or in the event of a price drop below 0.25 USDT.
What do you think about that? Any opinion is appreciated. Comments give me the opportunity to look at situations from different angles.
Not investment advice.