TFUEL disrupts an interesting channel

Theta Fuel coin today broke the rising parallel channel it has been running since early March.
Theta Fuel coin saw incredible gains in its trading volume of 226% last night.
In the intraday trading session, TFUEL coin price is seen trading above the notable moving averages.

The Ichimoku indicator changed its cloud color today and commented on a bullish signal when TFUEL price stays above the indicator's cloud on the daily price chart.

The daily Stoch RSI is trading bullish from the lowest level and is looking under the overbought zone and slightly above the 90-mark.

The MACD indicator finally crossed the neutral zone and is now looking bullish with a bullish histogram rise.

Theta Fuel coin price is about to face a nearest resistance level of $0.25 if bulls succeed today to close the daily price candle above 200-EMA. The bulls can take advantage of a buying opportunity above this bullish barrier. So the price of TFUEL Coin should be noteworthy above this hurdle.

Support level - $0.20 and $0.11
Resistance level - $0.25 and $0.33


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