THETA is close at the $3.5 resistance . I would wait for the weekly closing before taking any other decision about the short term ( next couple of weeks ) for this coin .
Additionally I believe that we could see a retracement before making another attempt to break through the resistance at $3.5 . If we successfully break the resistance the other level I will be...
So THETA has made a new high and then dropped due to BTC dump.
Right now THETA has been making a higher low and forming a nice triangle which could lead us all the way up to 15 or all the way down to 7...
In my opinion, we wouldn't go down to 7... I think we would stop at 10.
Just watch the chart and also watch BTC!
If it dumps again... we all get screwed!
Set...
Ticker: WMT
*This trade is a little more complex, than the others, as it has 2 separate spreads, but stick with me
Position: 1st leg
- Call debit spread
- 21st Feb 2020 expiry
- Long 114 Strike call = $4.85 - D = 0.99
- Short 115 Strike call = $4.25 - D = 0.95
- Net cost of 1st leg = $0.6
Position: 2nd leg
- Put debit spread
- 21st Feb 2020 expiry
- Long...
