THETAUSDT (THETA TOKEN) - UPTREND CONTINUATION Long

Theta Token / TetherUSBinance

Description

⋅ Feb 4, 2021 8:48 AM

ANALYSIS 🔎
- THETAUSDT is testing the ascending channel support.
- Price action is printing a symmetrical triangle pattern.
- This is a bullish pennant continuation pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the symmetrical triangle's inclined resistance.

TARGETS🎯
- Previous swing high horizontal resistance (R1).
- Fibonacci extension levels
- Ascending channel resistance.

SETUP INVALIDATION ❌
- Breakdown below the ascending channel support and symmetrical triangle's inclined support.

Comments

Tradehubng

⋅ Feb 4, 2021 6:45 PM

also consider the bearishness bro

Chibuike_Odoh

⋅ Feb 4, 2021 6:50 PM

@Tradehubng 👍

mercifulPlayer23166

⋅ Feb 4, 2021 2:10 PM

should I buy theta right now

Chibuike_Odoh

⋅ Feb 4, 2021 2:19 PM

@mercifulPlayer23166 this current setup has been invalidated

Chibuike_Odoh

⋅ Feb 4, 2021 2:19 PM

@mercifulPlayer23166 Though the market is printing a bullish ascending triangle on the 4h timeframe

mercifulPlayer23166

⋅ Feb 4, 2021 4:45 PM

should i buy now or wait

Chibuike_Odoh

⋅ Feb 4, 2021 4:50 PM

@mercifulPlayer23166 which coin?

mercifulPlayer23166

⋅ Feb 4, 2021 4:56 PM

@Chibuike_Odoh any coin can you tell which will pump up in 2-3 days

Chibuike_Odoh

⋅ Feb 4, 2021 5:20 PM

@mercifulPlayer23166 Checkout my RLCUSDT idea

mercifulPlayer23166

⋅ Feb 4, 2021 4:45 PM

any idea about egld