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Zerene
Apr 2, 2022 6:34 PM

Theta Network (THETA) Sell Zone Short

Theta Token / TetherUSBinance

Description

Theta Network (THETA) Sell Zone
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BIAS
Long-Term : Bullish

Risk : High

After a correction of over 60% from our mid-term low, Theta Network looks for short-term retest support zone.
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THETA/USDT SHORT SETUP
Leverage : x3 - x5

Entry Price : 4 - 4.25

TP 1 : 3.945
TP 2 : 3.865
TP 3 : 3.75
TP 4 : 3.585
TP 5 : 3.46
TP 6 : 3.335
TP 7 : 3.2
TP 8 : 3.08

Stop Loss : 4.44

*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Trade closed: target reached

All Targets Profit 47.25% 📈 with Leverage x4
Comments
Solinaz
Can I please ask you what promted you for this short? Wanna know other people point of views. Thank you. Mine was lower highs and the round top.
mohammadp4545
please update
Solinaz
stop loss of $4 is enough. it has broken support of 3.98
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