Theta Fuel (TFUEL) Coin Another Bullish Wave Upto 250% | 30 September 2020 Testnet Smart Contracts

Theta Fuel (TFUEL) Coin Another Bullish Wave Upto 250% | 30 September 2020 Testnet Smart Contracts

By moon333 | moon333 | 26 Jul 2020


Hi friends hope you are well, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Tfuel. The Priceline of Theta fuel has formed bullish Gartley pattern with Bitcoin pair and also in US Dollar market as well and entered in potential reversal zone and ready for bullish reversal soon.

 

 

 Tfuel with US Dollar pair Gartley formation:

After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.618 to 0.786 Fibonacci and now the price action is moving in potential reversal zone of this bullish Gartley pattern. Now we can expect bullish divergence at any time that will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.

Nqf2GWtV_mid.png

 

Buying And Sell Targets:

The buying and sell targets according to harmonic Gartley pattern should be:

Potential reversal or buying zone: $0.0098 to $0.0058

Fibonacci projection or sell zone: $0.0128 to $0.0203 

Stop Loss:

The potential reversal zone area which is up to $0.0058 can be used as stop loss in case of complete candlestick closes below this level.

 

Possible profit and loss ratio:

According to the above targets, the profit ratio can be up to 250% and in case of stop-loss the loss ration can be 68%.

 

 Tfuel with Bitcoin pair Gartley formation:

After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.618 to 0.786 Fibonacci and now the price action is moving in potential reversal zone of this bullish Gartley pattern. Now we can expect bullish divergence at any time that will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.

dK9qRYtB_mid.png

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Buying And Sell Targets:

The buying and sell targets according to harmonic Gartley pattern should be:

Potential reversal or buying zone: 0.00000115 to 0.00000072 btc

Fibonacci projection or sell zone: 0.00000148 to 0.00000226 btc

Stop Loss:

The potential reversal zone area which is up to 0.00000072 btc can be used as stop loss in case of complete candlestick closes below this level.

 

Possible profit and loss ratio:

According to the above targets, the profit ratio can be up to 213% and in case of stop-loss, the loss ration can be 59%.

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moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and I am one of the top 3 authors of cryptocurrency trading charts as per tradingveiw I publish there with my username moon333 to verify you can visit: https://www.tradingview.com/markets/cryptocurrencies/ideas/ I also publish the charts of different other assets like forex, commodities, CFDs Stocks e.t.c. Here you will find perfect predictions on different trading assets.

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