Description
⋅ THETA / BTC
Trying to break out (low volume..) from ascending triangle while flipping resistance into support at ~1100sats
Crossed over EMA50
UCTS Buy signal on the 12H & 1D
MACD Bullish div
Started to cross Ichi cloud to the bullish side.
As targets ~1230 / ~1340sats
#THETA Comment
⋅ update on THETA,
Reached 1st target and is already moving toward our second one..
Crossed above EMA200, volume still growing
RSI reaching overbought levels
Make sure to update your SL to lock profit if it reverses at any point
#THETA Comment
⋅ update on THETA
Moving above our 1st target at ~1200sats
Volume is really low & anyone can turn this upside down quick
If you are still riding this trade, make sure to update your Stop loss to EMA200(red) level, just in case it decides to reverse!
As target ~1350sats
#THETA Trade closed: target reached
⋅ Update on THETA
Current level matching Triangle Height + bearish divergences on the RSI...
Make sure to lock profits at a nice level with a SL or just take profits manually in case that we get rejected from here...
#THETA