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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.

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) free Sat, 23 Mar 2024
Theta Fuel (TFUELUSD) free Sun, 10 Mar 2024
Theta Fuel (TFUELUSD) free Sun, 3 Mar 2024
Theta Fuel (TFUELUSD) Sat, 24 Feb 2024
Theta Fuel (TFUELUSD) Wed, 21 Feb 2024