Theta Fuel (TFUELBTC) is having a very strong and clean breakout after hitting a new all-time low recently.
This is a strong jump, we are looking at 67% of growth within just a few days:
Volume breakout/increasing volume.
Very strong RSI.
Long-term bullish divergence on both the MACD and RSI.
- In DAILY Chart, Falling Wedge Breakout DONE With Strong Bulls VOLUME & Bullish indicators..
- Expecting 20-25% Profit But Must USE Stop Loss..
- Targets Are Mentioned in the CHART..
Please, give us your opinion in the comments!
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While many alts are popping THETA seems still in accumulating phase. In short term first target to complete i H&S and to break resistance. If can, formation target can trigger Adam & Eve to carry price to the next level.
THETA / BTC Price almost clamped in the corner. Denouement soon
The buy zone is at the breakout of the pattern (yellow line), and it is better to roll back so that it is clear that the price has fixed and the trend will change.
Stop Loss Below is the support level for your risk management (red line). I’ll add that the existing support is below the historical...
Expecting big things from this idea, downtrend about to be broken and usually, when that happens this just throws a crazy wick.
TP 1: 0.00001153
TP 2: 0.00001261
TP 3: 0.00001386
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BINANCE:THETABTC is trading in the same trend as of Sept 18 (R1) we are going under replacement.
We are facing quite strong of a resistance at 1020 sats and we failed to break above it too. if the current candle closes above 1020 in 4h time frame we are clear to hit to the next target where we need a little more volume to confirm breakout.
1046, 1090 and then...
This is an overlay the famous STRATBTC moon fractal of 2017. This accumulation phase in THETABTC looks quite similar to the initial STRATBTC accumulation. Are we in for massive gains for THETA? We should know within a few weeks if this fractal sticks!