FUEL / BTC 1h chart: Technical Analysis of the current situation

in bitcoin •  7 years ago 

Price is forming a symmetrical triangle (in the yellow circle) , probably it's getting ready for a strong movement.

EMA 200 is another important support (pink line)

3rd supporti is located @ 0.00001684 btc (blu line)

Possible target price in case of upword movemt:
@ 0.00002457 btc, +17% (vs current price) -> 61% of fibo extension (1st green line)
@ 0.00002923 btc, +40% (vs current price) -> previus top(2nd green line)

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any thoughts on GNO and GTO ?

GNO looks real good in the mid-term. You can take a look at my yesterday analisys here:
https://steemit.com/bitcoin/@milionarioo/gno-btc-nice-1d-chart-price-action-analisys-and-buying-strategy-explained
For GTO I will look at it.
Thanks!