THETA seems well positioned for a long with a minimal downside with a tight stop-loss.
A counter short could also be an option with a even better stop-loss than a long.
BINANCE:THETAUSDT chart made a bullish wedge on daily timeframe also MACD momentum is getting weaker.
if breakout happen we may see BINANCE:THETAUSDT price between 6.0$ - 5.5$.
#NFA
Like and share if this helped.
this is just an idea. don't take it to heart. just a thought.
THETA has had an absolutely phenomenal run so far.
from bottom to the top basically did a 150X.
very impressive.
However, I do believe that it's done. Its completed its run up. for now at least.
I count 5 major waves, and if you actually look inside each of the waves, you can actually count out...
I'm Doing Short From 0.58 .
Risk & Rewad Is Same.
Use Tight Stop-loss, Also Look At Weekly Chart.
Theta Coin Now Forming Bearish Divergence.
Do Your Own Anylysis Before Take Any Trade.
Don't Buy In Fomo. I'm Not Responsible For Your Loss Even Profit.
Stop-loss & Take Profit Is Availabe On The Chart.
If U Appreciate Analysis,
Hit The 👍👍 Button.
