TradingView
Zerene
Jan 11, 2022 10:34 AM

Theta Network (THETA) Buy Zone Long

Theta Token / TetherUSBinance

Description

Theta Network (THETA) Buy Zone
--------------------
BIAS
Mid-Term : Bullish

Risk : Medium

On 4 hours time frames, Theta Network rejection at the expected long term double bottom. Expecting a strong reaction from our entry zone our second retest.
--------------------
THETA/USDT LONG SETUP
Leverage : x3 - x5

Entry Price : 3.75 - 4

TP 1 : 4.135
TP 2 : 4.33
TP 3 : 4.65
TP 4 : 5
TP 5 : 5.49
TP 6 : 5.9
TP 7 : 6.435
TP 8 : 7.3

Stop Loss : 3.432

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------

Comment

Theta Network (THETA) Update
--------------------
BIAS
Mid-Term : Bullish

The Theta Network remaining relatively stable while the rest of the market is starting to reach new local highs. This is one of the most bullish short term indicators we've seen in the last week.

Our Entry Zone ($3.75 - $4) is holding price action with confidence, making it less likely to have a dip below it before our daily close.
--------------------
Comments
Kennelijk
You might want to try this with Tfuel as well. And compare the volatility.
More