Theta Fuel (TFUELBTC) is starting to heat up with prices now safely trading above EMA50 and EMA10 while challenging EMA100 (purple line).
We have really good volume come in the past few days to support the break above EMA10 and EMA50. The volume indicator can work as a confirmation signal for the break of resistance.
The RSI is super strong while the MACD continues trending higher, now moving above 0 which is bullish.
EMA100 is sitting at 0.00000036, which is also te 0.618 Fib. extension resistance. If this level can be conquered, we can expect to see TFUELBTC move much higher and fast, as shown by the first green arrow.
Remember to always have a plan/strategy if you decide to trade. This is not financial advice.