If you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the...
A study of the structure of the TFUEL chart in the logarithmic scale, noting three periods that look to hold fractal similarity to each other.
What do you think, is TFUEL about to break out as it did in the past? If so, how high will it go this time? Let me know in the comments.
💎 TFUELUSDT has formed a symmetrical triangle. After the breakout I expect it goes for a retest of the previous resuscitate and after the rejection and forming a Bullish setup goes higher
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or from 0.3361 to 0.3264
☕️ TP1 0.3437
🍺 TP2 0.3687
🍻 TP3 0.3950
TFUEL price has been in a basic trading range of $0.30 - $0.39 for a long time.
It looks like the market maker is waiting for the right moment in the market to start a new sharp trend on the news.
Purchases can be sought in the range of $0.30 - $0.34.
Stop-loss can be placed near the price level of $0.27.
You can hold the position till $0.59...
Title says it all symmetrical wedge with compressed prices consolidating and now about to break out. Price is lagging behind the MACD breakout of the downtrendline on MACD. Bullish Divergence on MACD shows this is about to occur and price compressing like a spring should make this a very rapid move to the upside. Target Price = $0.865. This is a 6.44 R trade.
Something to watch as its crossing above ~600 sats w/ UCTS 1D Buy signal and increasing volume..
Based on current market status it could easily go back to prior monthly high at ~900 sats
TD9 on the daily tho, so easy, it may do some weird stuff prior going up
Keep an eye on TFUEL. This project has always made huge moves when ready. I've drawn out a triangle and you can clearly see it's battling the resistance shown, and once broken it will most likely attempt to retest previous highs. I marked out the percent gain on the chart if you'd like to set sell orders at those levels. Let's see how it will play...
Theta is consolidating for some time after a massive pump. It's looking great and ready to take off for another run. If we see a pump in upcoming week and break $9-$10 it will surpass $19 easily. Either way, this is a great entry point for Theta (Not a financial advice)
Re-running the TFUEL study in the Logarithmic scale and we see some clear and consistent structure to the market along the lines of a Fibonacci Channel.
Considering the completion of Wave 2 yesterday, this 3 Day Chart provides some insight and justification for higher targets for Wave 5.
Which do you think is more likely, the outcomes derived from previous...
Some apparent targets for the coming TFUEL rally became apparent after work up this chart.
With the Pitch Fan fitting well the price action since the low, it looks like Elliott wave 3 has commenced, with 4 and 5 to follow.
Do you think the Pitch Fan and Fibonacci projections adequately capture the potentials for TFUEL?
… or should we be looking at the Log Scale?