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It looks like FUELBTC is reversing after a correction. This correction made sense after the massive builds and highs that where made. Now it looks like we have a new trend line which is respected. We made new big volumes yesterday, so the pair is active and used by traders. If we make a same swing as last time we can go up to new highs around the 0.00004000 area.
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4 reassons for us to go up!
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Second test of this support area. spiked through but was rejected quickly. Let's see if this support area holds and we can see some reversal signals.
I have a different idea. I think we need at least one green candle to call it an entry.
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@ChartsOnTime, Thanks for sharing! You may be right here. Fuel was melting pretty hard. We saw one green day a few days ago. I think now we have a retest of the rejected support area (around the psychological 0.0000100. Let's see if the support area holds an if we get some reversal signals.
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@tradingtomnl, I think we will stop around 770s price range. We don’t have any really support around this price. Good luck
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@MaaporM, this would be a good time to buy extra if you are allready in. If you're not then this is a good time to enter. As you can see below there may come a reversal soon
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