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fatpigsignals
Dec 12, 2019 5:51 PM

THETA/BTC  Long

Theta Token / BitcoinBinance

Description

Great breakout from THETA/BTC on our weekly chart, also being fuelled by some good volume. We have seen a clear bullish engulfing candle close above our moving average resistance on our weekly chart, which in general is quite bullish. Our daily chart is also trading back above our 200 ma, a level it hasn’t traded above since January 2019; we believe this is a clear change in trend and can expect this coin to see some good gains over the next few weeks, matched with a stable increase in volume.
Comments
fatpigsignals
Hit our 2nd resistance, Congratulations to those that followed. Up nearly +35% since we shared this study here.
fatpigsignals
Congrats to those that entered long around 1200 sats . You would be up over +15% already.
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