✳️ Theta Fuel Rising Channel
Yesterday TFUELBTC printed a reversal candle and today we have follow up.
Strong resistance is being faced with a convergence of multiple moving averages. EMA10/21/50/100.
This is a critical point.
✔️ If TUELBTC can move and close above 0.00002395, additional growth is confirmed.
✔️Staying below this resistance can lead to the rising channel to break.
Going a bit deeper, we can see buy volume being predominant in the last few months.
The potential is bullish regardless of what the short-term does.
Namaste.
Strong resistance is being faced with a convergence of multiple moving averages. EMA10/21/50/100.
This is a critical point.
✔️ If TUELBTC can move and close above 0.00002395, additional growth is confirmed.
✔️Staying below this resistance can lead to the rising channel to break.
Going a bit deeper, we can see buy volume being predominant in the last few months.
The potential is bullish regardless of what the short-term does.
Namaste.
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