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?
Theta Ecosystem good fundamentall and rdy for big pupm
but first need break Trend Resistance line when break can pump up realy good chanse
now on Big Resistance you see with BTC Fall big fall but now on hard Support area so again BTC fall can fall but not more ithink adn rdy for pump when BTC move up.
TFUEL (THETA's sub-coin) is in a huge ascending triangle formation. It may take a while until we see some nice moves here, but if you believe in theta fundamentals, this might be a perfect buy opportunity for long-term hold.
Short-term targets only:
SL: Manual sell if needed- no stop loss as long as btc and overall market...
Potential correction is expected. Focus more on the Buyer area of interest for possible long which serves as major support zone.
Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.
It will be good to always understand risk involve in trading. Always trade with stop Loss in...
As you all know, TFUEL is not performing well from last 12 weeks and according to the Chart patterns, Ascending TRIANGLE is formed, Breakout formation is also nearly there and also indicators giving bullish signal.
DYOR Before taking trade, as I'm not responsible for your loss.
Market/ BTC CRASH
MID-Term (1 - 4 Months) Trade.
It has been quite a while since my last post, but lately the market was moving in a wide trading range of an accumulation phase.
One can clearly see that once the sell off of the overall crypto market was exhausted (low volume), several automatic rallies followed that got rejected at the previously established price levels (purple for weekly and white for monthy...
Possible a crazy breakout from a triangle after a re-accumulation.
Be very careful, and use relatively conservative stop-loses, TFUEL very volatile and like to takes all stop-loses and then skyrocket :)
Main resistance zone up to 0.43, main GOAL near is $2, approximately $1.7-$1.95