THETAUSDT { THETA TOKEN } - BULLISH SETUP Long

Theta Token / TetherUSBinance

Description

⋅ Aug 5, 2021 2:26 PM

ANALYSIS 🔎
- THETAUSDT was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.

BUY ENTRY ⬆️
- Market entry: current market price.
- slStop limit entry: Breakout above the horizontal resistance level (@6.75).
- Limit entry: Retest of the descending triangle's resistance.

TARGETS 🎯
- Horizontal resistance level (10.103).
- Horizontal resistance level (@15.88).

SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@3.47).