$FUEL, Symmetrical triangle broke w great volume & reached all our targets (50%)...
RSI near overbought levels (Expect resistance/pullback)
Volume Rising and strong
MACD & RSI rising
UCTS Buy signal active
While volume keeps strong and trendline holds, we can expect a bigger ride #FUEL
Symmetrical triangle?, Trading volume has been increasing a lot,
MACD & RSI are flat for now but showing divergences signals...
Closing above EMA50 is trigger as many other assets.
Set alerts and wait. UCTS saying buy on the 6h already
Commodity : ETHER PARTY
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks
Investment in trade : 5% of the total Trading Balance.
1. If downward breakout happens from the green line, stop loss should be activated on 410. New buyers would enter the area (support zone) between 370-390 so it could push it to the resistance 470 and 490. If these are broken 550 is the new high.
- RSI indicator shows us 46 level is supported zone.
2. Another Scenario is the upward breakout from the green line...
FUELBTC - Buy Trade
Back test of its previous bullish breakout point, rising channel support at 333, poised to recover back higher towards the previous high at 390 then target 450 in the short term.
BUY FUEL (Etherparty) 335,
I have been sleeping on FUEL after selling off half my position when it reached around 14 cents. They have some good programs rolling out (see etherparty.com) like "Rocket" and I see a revitalized coin. Even with the really bad names (etherparty, fuel, rocket), its one coin that is severly undervalued for the use it might have in the future.
I'm hoping to see the...
Alts have mostly completed mid-term reversal patterns, so I will be looking at ones that haven't moved yet but are showing momentum and volume, SOME including: KEY, DOCK, QKC, GTO, ICX, LEND, SNGLS... happy alt-season!!
The Etherparty (FUEL) chart on Binance is looking really good. After a 5 months long retrace and a bounce from a late 2017 support, we have the signals of a possible wake up.
Etherparty (FUELBTC) Long Term Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
With these signals in place, we can open a LONG trade for FUEL with very low risk and huge earnings...
Etherparty has recently found the bottom, hitting 541 satoshis level. At this price it rejected the 261.8% trendline of the Fibonacci channel, applied back in 2nd of May, when FUEL/BTC produced the high.
Then it managed to break and close above the 50 Moving Average suggesting the beginning of a correctional wave up, or even a potential trend reversal. Currently...
Etherparty currently trading near $0.05 support area, after it has rejected 61.8% Fibonacci at $0.0488. Price continues to consolidate without any major moves. However, while the support is holding the price is very likely to start moving higher.
The nearest upside target is where the upper trendline of the descending channel has been rejected previous, which is...