Cryptorphic

#THETA Broke the Inverse H&S Now what?

Short
Cryptorphic Updated   
BINANCE:THETABTC   Theta Token / Bitcoin
Welcome to this quick update guys.
Theta just broke out of the inverse head and shoulders.
The price bounced and I think it is a good position to book some profits.
And left 25% of position to ride in case it follows any of the scenarios shown the chart.

If you're not holding Theta or missed this trade. DON'T FOMO.
Buy on the retest of the trendline and put an SL 20 to 30 sats below your entry point.

Some of targets given in my previous updates have been fulfilled.
Comment:
Followed the green line so far.
Trade active:
Welcome to this quick update.
You can see we booked almost 80%+ Profit on Theta already. It seems there's still fuel left in this trade.
Theta is just hitting the resistance zone .
Expecting a bit of retracement here.
If you bought the top or you're stuck with this trade here's the complete setup for you:

Once we see the retracement we can enter this trade:
ENTRY: 1480 TO 1540

TARGETS:

1820
1925
2080
2180

SL: 1428

Hit the like button and follow me for more updates.
I will soon post many profitable altcoin setups.

#Peace
Comment:
Here's the chart:

Trade active:
Theta has been doing great since our first entry. All of my charts have been incredibly correct.
I think Theta will keep growing until the mainnet on 27th May. It's better to keep booking profits and holding some portion till the mainnet.

The Rebuy zone is green box if you haven't entered yet.

TargetS are:
1920
2020
2141

SL: 1580
The targets given in the last update is also valid there's just little difference.

Please hit the like button if you like this update.


#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.