On FireTheta (TFUEL) Fuel On Fire And Breaking Out Every Resistance!

Hey friends this is Atif hope you’re well and welcome to the new update on TV in my previous videos I have been showing you a very big falling wedge pattern and this is one of those videos and if you want to read the resistance of that big falling wedge pattern and

Now if we take a look at the live chart then you can see it is still moving very close to this resistance and in today’s video we will take a look at this move and I would also like to show you this breakout that has recently happened on

The four hour time frame chart as well but before starting this analysis if you are not subscribed to my channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube member Red’s patreon member because here I’m sharing different trading signals for you and

You can find the link to join me here in the video subscription I’ve shared so let’s start the analysis and first of all let me begin with my most recent trade signal for tea fuel that I share few days back on 6th of my 2020 three with my members and that was the

Harmonic bullish versus Cipher pattern that t feel formed on The Daily time frame shot with US dollar up here and if I play this chart then you can see that the price end started a very nice reversal from this buyings on and here it reached the cell Targets on and this

Was better than more than 26 pump on this daily time frame chart now if we take a look at the library the time frame chart then this is the falling wedge pattern that t fuel needs to break out in order to start a big Rally from

Here and you can see this is a quite long term resistance we found this resistance of the wedge here back in June 2021 and so far the price line is not able to break out this very long term resistance even after several attempts and you can see every time it

Is getting rejected by the resistance of this falling wedge pattern and here we have the support of this Edge right now the price and it’s getting more and more screens between this descending triangle and this support that we have here at five cents now if we take a look at the

Smaller time frame chart than previously T fuel formed this down Channel then broke out the resistance of the channel after the breakout it re-tested the previous resistance of the channel as a support then we had a nice short rally the Priceline could not continue its move to the upside because it found

Another downtrend line resistance and recently it has also broken out the next down trend line resistance of this channel and after the breakout it has retested the previous resistance of the channel as a support and confirmed this breakout and now it is moving up once again now

If we take a look at the target for this smaller channel that is here at the top of the channel approximately at six cents and if we take a look at the target for this bigger channel on the same four hour time frame chart then the target for the bigger channel is here

That is approximately at seven cents and if we watch the target for this bigger falling wedge pattern because once the Priceline will be reached here to hit the target for this bigger Channel at 7 cents and it can also break out the resistance on the weekly time frame

Chart for this falling batch pattern as well because the resistance is approximately at seven cents and once the price end will be able to break out this bigger resistance then our final Target for this vag pattern will be here at the top of the West that will be

Approximately at 70 cents so this was the update so far I hope that you’ll like the analysis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join me and support me as YouTube member Rez patreon member because here

I’m sharing different trading signals for you and you can find a link to join me here in the video’s description I have here take care goodbye

Here is the report for the trading signals for the month of Feb, 2023:
https://www.patreon.com/posts/78214905

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