When fundamentals meet technical indicators, magic happens.
Easy, relaxing trade for you guys.
Buy zone: .0000085 - .000009
Fundamental: - FUEL is a smart contract creation tool that makes creating smart contracts easy. - Currently, you have to have a knowledge of solidity and access to a programmer. - FUEL is doing a rebrand in the next week. Rebrands are usually a big kick start to coins. - FUEL is in beta mode currently, but they have lots of updates on their roadmap. - Strong team with strong advisors (one is the co-founder of Ethereum)
Technical: - FUEL has been seeing lots of volume action (indicating there is accumulation occurring) - Significant spoofing (order book manipulation) has been happening, indicating intentional price suppression. - Bullish divergence on volume/price. - RSI is looking good and oversold. - Strong support base has been holding well.
Green are short term targets. Yellow are mid term targets. Orange are long term targets.
Buy, hold and profit.
RIsks: - Bitcoin has been making higher moves, but it could be a bull trap setting up for one more move down, which could effect all alts. - Flash crashes on Binance. (set alerts, not stop limits.)