TFUEL/USDT: FIB Targets and Resistance Levels

An update on yesterday's TFUEL/USDT post: it is yet to break the descending wedge pattern and we can see that the 0.236 Fibonacci level ($0.39) acted as strong support between 24MAR21 and 04APR21. The support broke on 05APR21 and is now acting as strong resistance (07APR, 08APR, 16APR, and 17APR). The more it tests, the more likely it will break. If it breaks the 0.236 Fib level ($0.39), the next strong resistance is likely the 0.382 Fib level ($0.45). Once TFUEL breaks $0.45, then $0.64 is highly likely. As mentioned in yesterday's post (link below), RSI is showing a bullish hidden divergence so expect TFUEL to reverse in the coming days (granted that bull market conditions remain intact). Keep a close eye....

Disclaimer: Consider this a shared insight and not trade/investment advice. DYOR.