Weekly TFUELUSD Technical Analysis and Forecast - Cryptocurrencies - Forecast City

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Weekly forecast		Theta Fuel technical chart
Symbol	TFUELUSD	Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	February 25, 2023 - 21:34
Current	range bound
Forecast	beginning of uptrend
Midterm forecast: While the price is above the support 0.03050, beginning of uptrend is expected. We make sure when the resistance at 0.08450 breaks. If the support at 0.03050 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 0.0701 on 02/24/2023, so more losses to support(s) 0.0442, 0.0390 and minimum to Major Support (0.0305) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 54.

Symbol	Released	Current	Forecast
Theta Fuel (TFUELUSD)^new	Sun, 21 Apr 2024
Theta Fuel (TFUELUSD)	Sat, 13 Apr 2024
Theta Fuel (TFUELUSD)^free	Sat, 6 Apr 2024
Theta Fuel (TFUELUSD)^free	Sun, 31 Mar 2024
Theta Fuel (TFUELUSD)^free	Sat, 23 Mar 2024