luizhcruz

TFUEL looking for new maxims, are we facing the fifth wave?

Long
BINANCE:TFUELUSDT   Theta Fuel / TetherUS
Technical analysis regarding the price of THETA FUEL in relation of dollar Tether for the next scenarios, based on 4 hour movement.

My speculation in the face of the current scenario.
Price has been moving upwards, with higher tops/bottoms and following the principle of Raulph Nelson Elliott ~Elliott waves~ we have the formation of his last impulse wave, number 5 and, I believe there may be an A~C correction, in my perception.
By designing a Fibonacci with expansion of channels and also based on the upward trend that is found, I obtain such price regions that you can reach.
This cryptographic is co-related with THETA, which is very promising and has been growing a lot over the period. Well, in my view, this crypto is great for the long term and tends to value even more. The price is correcting (healthy/organic correction) and wave 1 may start soon. 🏄🏼‍♂️


disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***

Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏

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