Aside from the strong fundamentals on this coin, we can see a falling wedge pattern on THETA.
With the number of falling wedge patterns, I do consider whether it is time to begin accumulating alts again.
With regards to the THETA chart, the spike in the volume that formed a doji candle (indecision) has caught my attention. A break above this candle could trigger a strong move out of the the falling wedge pattern to our initial profit target at the 38.2% Fib. Stop loss orders below the swing low after the trigger.
Set your alerts for a possible strong bull move.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
With the number of falling wedge patterns, I do consider whether it is time to begin accumulating alts again.
With regards to the THETA chart, the spike in the volume that formed a doji candle (indecision) has caught my attention. A break above this candle could trigger a strong move out of the the falling wedge pattern to our initial profit target at the 38.2% Fib. Stop loss orders below the swing low after the trigger.
Set your alerts for a possible strong bull move.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Ordine annullato
No love shown to THETA. No tradeNota
Updated falling wedge pattern:Nota
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.