TFUEL/USDT is right at the tip of a symmetrical triangle if we look at it on the log chart and currently building support on top of the first big move (green dashed line).
I lean more to the bullish side with this setup but you should also be prepared for a big move down which could move TFUEL to around .7 cents which means that you should either wait for a breakout above the trend line / a breakout on the RSI and / or place a stop loss if you enter now.
It's possible to short TFUEL so it doesn't matter if you're a bull or bear, it's worth keeping an eye on this.
Phenomenal risk-reward on this setup.
Best of luck with your trades and let me know what you think!
I lean more to the bullish side with this setup but you should also be prepared for a big move down which could move TFUEL to around .7 cents which means that you should either wait for a breakout above the trend line / a breakout on the RSI and / or place a stop loss if you enter now.
It's possible to short TFUEL so it doesn't matter if you're a bull or bear, it's worth keeping an eye on this.
Phenomenal risk-reward on this setup.
Best of luck with your trades and let me know what you think!
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TFUEL/BTC 4hr - at the tip of a bull flag and on support, also showing some bullish divergence.Should see a breakout pretty soon:
The USDT pair also shows it close to the tip of a falling wedge and sitting above the 4hr 314MA, looks solid:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.