FUEL seems to be moving in an ascending triangle towards the upper right point, as well as towards general upper resistance. If FUEL can break out of triangle and through resistance, there is a potential for 20-40% profit.
I must stress:
- Wait for breakout to confirm entry, do not enter earlier.
- This is just an idea.
- PLEASE DYOR!
Will post targets in next comment.
Happy Hunting.
I must stress:
- Wait for breakout to confirm entry, do not enter earlier.
- This is just an idea.
- PLEASE DYOR!
Will post targets in next comment.
Happy Hunting.
評論:
Still respecting ascending triangle, which is good. Hopefully we see some bullish movements soon.
Not yet ready for entry - Need a breakout first.
Not yet ready for entry - Need a breakout first.
評論:
Price bounced off strong resistance. Although a small breakout of triangle, I would wait until we pass through this level. There is multiple touches at this level, suggesting we should wait for a full breakout before committing to a position.
Targets:
1. 1192 sats
2. 1397 sats
As always, use SL for protection on every trade.
With take profit / sell orders, set them BELOW targets, before resistance is able to reject candles.