Last chance to buy TFUEL at cheap before takeoffStoch RSI of 1H, 4H, 1D all sit at the bottom. EMA 12 on one day and a rising wedge acting as a strong support as of now. Price touching the bottom of BB is yet another good signal.
Daily RSI haven't crossed 80 since March and currently sitting at just 55. It should easily cross 80 before its peak and might even touch 90, sometime before June 30. All things considered, this is a good time to make an entry.
If price drops further, EMA26 on 1D will be my new support since it bounced back the last time.
I have 4 targets in mind and hopeful about TFUEL reaching the first two at least.
Target 1 - 0.845
Target 2 - 0.995
Target 3 - 1.10
Target 4 - 1.30
Note that this analysis relies more on fundamentals than technicals. TFUEL is expected to takeoff because of Mainnnet 3.0 on June 30. DYOR.
