TFUEL following CVC?

Setup similar to CVCBTC which pumped hard.
TFUEL seems also to be on the lower end of an upward channel, like CVC. Seems to move to the middle of that channel. With that it would cross an important resistance.
Fast pumps happened for TFUEL in the past.

On the other hand (FA), some fundamental changes will be introduced to TFUEL itself: staking and burning (!).

What do you think?

No advice. I am here to learn.

Trade active:

With the open of the new 4h candle TFUEL seems to start the journey to the upper side of the channel for this week. Plus: BTC dominance currently sinking, adding fuel to the fire. Could go quite fast as in the past.

Trade active:

BTC rising and BTC dominance dropping is very good for Altcoins and TFUEL has a pretty good starting point to go wild. MAs are rising, volume is rising. On the 1h it looks to me like an ascending triangle, which would confirm the upward movement of TFUEL.

Trade active:

Alright, as I guessed, TFUEL pumped quite hard now and has broken out upward of the ascending triangle, confirming further upward movement in my opinion.

Trade active:

On the 4h I see now also an ascending triangle forming. TFUEL bounced of its lower dynamic trendline and it seems to confirm the upward movement ot the upper resistance of that ascending triangle. If it plays out like the last one on the 1h, I guess we can see a jump to 269 satoshi.

Comment:

So far pretty nice upward movement. Let's see if it can break the upper resistance of the channel. I am quite astonished about the volume so far. It seems not that much compared to the last huge spike around May 2020. In other words: A lot of buying and much less selling. Most probably due to the incoming changes to TFUEL mentioned in one of the medium posts of the theta project.

Trade closed: target reached:

All targets reached, nice! Let's see how TFUEL evolves.