Theta Fuel | Another "Same Pattern" Breakout + Targets

3 ביולי 2022

We have the usual pattern that we are taking as proof that a bottom/low has been set.

This is Theta Fuel (TFUELBTC) and we notice the usual low 12-May, lower low 13-June and then bullish action ensues.

We get the "W pattern", bullish divergence, etc.

As for TFUELBTC, we can see prices trading above EMA50 which means strongly bullish.

The light blue space is always support.
The yellow marked space is always for resistance/targets.

We see prices, soon, going higher and higher...
For several months then drop...

Followed by sustained growth.

Namaste.