Crypto: Fibonacci sequence

I thought I would play around with the Fib retracement approach with some of my next entries, using these levels to support potential areas of support and resistance.

1. TFUEL - This coin I have decided to try and pick up, using the retracement area we see support looking to be broken and the levels of resistance (R1, R2, R3) aren't unrealistic.

 Furthermore to this perspective, when looking at this particular coin the volume level is insane, we are seeing a point where volume is sitting at a level of half of the market cap of the whole coin. Volume at $26,515,488 and a market cap of $57,094,636 (Coinmarketcap, 2019). I think this should play out and could be another decent gainer in the next few days.

2. FET - This coin is looking to go parabolic, we are seeing a project with a 24 hour volume of over 4.5x the marketcap level. Something completely crazy is taking place with these new Initial Exchange Offerings.

This is shifting but there is still huge room for growth and using the mighty Fib's I believe it will continue to pump heavy. Interesting to see what will happen and I will try to update on where this coin shifts.

I post more often on my twitter if interested, have a look at @Und3rachiv3r

Anyway, peace.

TradingView.com, 2019
CoinMarketcap, 2019.