Another Bullish Wave Is Expected By Theta Fuel (TFUEL) Token

31 thg 5, 2020

Hi traders hope you are good, there is another bullish wave possible by the price action of Theta fuel token.

Formation of bullish BAT pattern:
This time on short term 4 hour chart the Ttuel token has formed a harmonic bullish BAT pattern and soon it will be entered in potential reversal zone.


Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern and its Fibonacci sequence should be:

Buy between: $0.0090 to $0.0086

Sell between: $0.0099 to $0.0112

Stop Loss:
The potential reversal zone area that is up to $0.0086 can be used as stop loss in case of complete candle stick opens and closes below this level.

Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 30% and as per above mentioned stop loss, the loss possibility is 4.4%

Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.