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Weekly forecast Theta Fuel technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 25, 2023 - 18:02
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 0.06640, beginning of downtrend is expected.
  • We make sure when the support at 0.03050 breaks.
  • If the resistance at 0.06640 is broken, the short-term forecast -beginning of downtrend- 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 0.0602 on 03/14/2023, so more losses to support(s) 0.0439, 0.0390 and minimum to Major Support (0.0305) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 46.

Symbol Released Current Forecast
Theta Fuel (TFUELUSD) new 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
Theta Fuel (TFUELUSD) free Sun, 10 Mar 2024