jazerbay

THETA-BTC-DESCENDING WEDGE (daily view)

Long
BINANCE:THETABTC   Theta Token / Bitcoin
Hello traders and investors!! So great to be here today, let's take a little journey and examine THETAπŸ“‰πŸ‘‡πŸ‘‹



Price touched rims of wedge 4 times, and on the 5th bounce we broke the pattern and exited the wedge.😎

Now I see it possible that we can go to our targets.



QUICK REMINDER πŸ˜„πŸ€¨πŸ“Œ
Make sure to always use a stop loss πŸ€šπŸ›‘πŸ’² when making trades.πŸ‘πŸ†—πŸ‘Œ

Consider we may get rejected here, rooting for the bulls.. here is why ⏬⏬⏬⏬⏬⏬ :

Call me crazy, but I have seen Theta pump when BTC is bearishπŸ»πŸ‘, im not missing out on this possibility.

(This chart is different than THETA USDT or USD, we are seeing bullish candles because this chart depicts THETA in relation to BTC price.. BTC dropping, THETA is stronger than the correlational effect that BTC has on it's price.)

This analysis is technical approach. I always recommend considering multiple factors when making any trade!

THETA mainnet launch was recently pushed to JUNE 30th (this month.) This is huge news for THETA and T-fuel.

Let's see and always remember β¬β¬πŸ˜‰πŸ›‘This is not financial adviceπŸ›‘ Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!

Always have a stop loss βœ‹πŸ›‘πŸ’² set

Any thoughts πŸ’­πŸ’‘, questions πŸ™‹β€β™€οΈπŸ™‹β€β™‚οΈβ“, good πŸ‘, badπŸ‘Ž, happy πŸ˜„ or sad πŸ˜₯, in the comments always welcome.

Thank you for reading and trade safely!!!!

Jazerbay ☯

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