rasnek

tfuel/usd accumulation

BINANCE:TFUELUSD   Theta Fuel
Tfuel/usd heading to its last phase of accumulation.
Price decline together with volume. The juice for lower prices is running out.

Expect a retest of the breakout around $0.04. If confirmed it could go up to a new trading range between $0.07 - $0.1. This can take a few weeks so don't expect immediate price action.
However if it hold for a while in that new trading range, price could spike up very quickly to $0.15 and above as this is the first resistance.

Drops below $0.04 means a possible retest of the spring at $0.03 is likely. Opportunity to grab a few more coins.

The weekly on both the usd and btc pair is showing bullish divergence and would be invalid if it drops below the trendline. Keep an eye on this if prices go below $0.04!
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