are you on board on
$TFUEL ? and
$THETA ?
Here is the break down of my live trade with
#TFUEL different post/
#trade breakdown and analysis and insight:
on 37/24 status [intact]
Regarding technicals: tfuels follows a bullish trendline with bottom level of 0.07$
I chose it as my first entry (Buy1).
It broke the former resistance line (red line D1) (Buy2). After a strong impulse in buy orders the price even broke the strong resistance level of 0.125$ with a closing candle in (D1) - which I did not expect so here I sold a little bit too early (Sell1), yet taking a little bit of profit and sticking to your gameplan is always reasonable - especially if you want to rebuy.
Because of the overall selling pressure in the market within the last days, the price dropped to the anticipated price level of 0.106$ where my buy limit order was activated (Re-Buy3). (H4)
After positive signals I largend my position with a better price within the 0.104 region (Re-Buy4).
For now the 0.102$ level is a strong support zone. even if the price is dropping below there are strong support levels at 0.95$ and in the 0.8$ ish zones.
But with a proper
#riskmanagement even trading can be enjoyable. The average price for my position is 0.079$ so there's room for managing the trade and
#insights for you.
My next price targets are 🎯 TP1 is 0.1256$
🎯TP2 is 0.14.6$
If you want to know what's going for mid- and long-term investments for tfuel🎯🎯🎯 hit the like button and share it with a friend.
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I almost forgot ... why did I chose #Theta an #Tfuel in the first place?
Well don't miss out the new edgeverse
#ThetaNetwork release on 1st of May - the project seems interesting too me.
For all my fellow Murphyan's out there ... sometimes the fundamentals can be great too lol.
no financial advice ! DYOR!
and as always, share your ideas with me!