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Traders_skooll
Dec 14, 2019 6:32 PM

Trade Idea For THETA/BTC Long

Theta Token / BitcoinBinance

Description

Theta has been into almost 6 months of low volume accumulation period. Recently there is some sort of increase of volume in it. Expecting it to go for a rally soon. So if we close daily and stay above the monthly pivot which is mentioned in the chart, then there will be chances the mentioned target will get achieved. The target mentioned is the safest one and the stoploss would be the previous swing low from your entry.
Will update if we get above the pivot

Comment

Keep an eye Theta is reaching the pivot and lets see if it holds.

Comment

It didn't holded well above pivot so went down
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