TradingView
tmsarn
Aug 16, 2021 2:55 PM

THETA- SHORT IDEA- EXIT LIQUIDITY Short

Theta Token / TetherUSBinance

Description

Analysis: By looking at the chart of THETA we can clearly see an amazing downtrend forming on the market. We are at the top of a swing cycle where the GREATEST risk reward ratio is for those who are looking to short the market. Right now we are in a peak where I would like to see a dramatic crash way back to the normal 1$ level. Once we managed to hit that price level the risk reward ratio on the market will be in the favour of bulls. As a conclusion, I am looking to enter the market with the following SHORT position:

Trade: SHORT
Entry: 7.800$
1st target: 3.2$
2nd target 1.1$
S/L: 8.57$ (-9.8% RISK)
Comments
kiki456
It would be better for you to sell donuts somewhere on the beach than to trade cryptocurrencies!
tmsarn
@kiki456, thank you for your feedback sir! Hope you are still good! ;)
InkyGrip
Quality content 💪🏻 🦐
tmsarn
@plancton0618, thank you sir
Ayene
Are u kidding :-)))))) Do uo know what Theta is?
tmsarn
@Ayene, its the greatest coin ever, and we are going to be rich by investing into the next bitcoin? Bees don’t have time to explain why hones is better than shit, buy bitcoin from 10k and you will be happy after a few years..
mr_willmedina
Bro seriously $1 bucks come on dude
ahmedfauzan13
tmsarn
@ahmedfauzan13,I like the sentiment of the comments, it helps me a lot
More