TFUEL/USDT - major move ahead

Theta Fuel / TetherUS (BINANCE:TFUELUSDT)

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BINANCE:TFUELUSDT Theta Fuel / TetherUS

trendanalysis chartpattern indicator symmetricaltriangle 200ma 314ma rsibreakout riskreward long short longshort

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!

Komen:

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:

Penafian

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