Long

Etherparty (FUEL) Easy 44% Target (Over 185% Mapped)

We are looking at FUELBTC (Etherparty) with multiple bullish signals... This one I believe has a pending bullish move that is imminent now, can move within days... Let's get started!

On the light blue area/square, we have a Doji signaling the end of the retrace (a reversal candle) and also what will end up being a "fake breakdown"... Prices are very likely climbing back up above support.

- Trading volume is still low but starting to increase in favor of the bulls.
- A bullish divergence can be spotted with the MACD and also with the RSI.
- We also a falling wedge pattern and MA200 curving... Remember that prices tend to "gravitate" towards this line.

All these signals are pointing up!

  • Our first target is sitting at 38 satoshis (0.00000038) for 44%+ of potential profits.
  • Many more targets are mapped on the chart but the main one is the 2 Fib. extension which is sitting at 74 satoshis for a total of 185%.


This is not financial advice.
Remember to read, research, study, practice, take your time before you trade.

Thanks a lot for reading.

Namaste.
alanmastersaltcoinsBeyond Technical AnalysisbinancebittrexcryptoetherpartyFUELFUELBTCTechnical IndicatorsTrend Analysis

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