leonggw

Still retracing

leonggw Updated   
BINANCE:TFUELUSDT   Theta Fuel / TetherUS
It has formed downtrend obviously, but technical rebound is possible, I took EMA120 and Fib Retracement to determine to possible Support.

If the candles break first Yellow hidden line 0.2563, then probably going to Magenta gradient. By that time, Fib 2.618 will be crucial support whether will continue surging up, or continue going down.
Trade active:
It has come to Magenta gradient (Temporal Resistant). Let's giving 3 days to see if it will break it and go to 0.3400.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.