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PolarHusk
Sep 20, 2020 2:38 PM

THETA/BTC (Sign of Weakness?) 

Theta Token / BitcoinBinance

Description

BINANCE: THETABTC


-Theta Token is trading inside an ascending channel which is Bearish
-And a potential Bearish Double Top reversal pattern
-The pattern still unconfirmed until the base neckline is broke down
-Also, the upward trendline of support still intact
-If you have a swing position from the start of its uptrend channel
-Please take profit now and move your stop loss at key levels
-Because can see signs of weakness especially the RSI and low volume



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Not Financial Advice
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Comments
InkyGrip
Vey good job!
PolarHusk
@plancton0618, thank u!
KaltoireCapital
Very good work. Thank you
PolarHusk
@SynergyCapital, thanks mate!
Dave-FX-Hunter
I wold wait on the top of the channel.
PolarHusk
@DaweFXHunter, nice idea, thanks!
LuXoGuerra
You know about Theta project? Could go lower yes, low volume and liquidity beacuase everyone is staking tfuel...
PolarHusk
@LuXoGuerra, I don't check the Fundamental side, only Technical :)
ProjectSyndicate
detailed overview and nice summary. well done!
PolarHusk
@ProjectSyndicate, thanks man!
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