Pair: THETA/BTC (also available against USDT) Exchange: Huobi or Binance Trade Duration: Medium Risk: Medium Signal Strength: High Our Entry Zone 0.00001045 - 0.00001119 Our Targets 1: 0.00001326 2: 0.00001584+ Our Stop Loss: 0.00001004 If you liked this analysis, hit that thumbs up! Enjoy your day! Axsonex Team...
THETAUSDT (June 2-2019_12:40 PM My Time)
Did you return to the top of the channel again?
- Strong support zone - Falling wedge - "W" or double bottom
Ladies and Gentlemen, Welcome back to TJ's Trade Corner! Today we will be taking a look at $THETA, one of the mostly shilled and anticipated trading pairs out there with a really string set up as we will see here soon. Lets begin with the market structure. We had a really insane pump in the beginning of March yet starte retracing from there almost immediately....
Potential Cup and (Falling Wedge) Handle forming for Theta Token. Breakout could mean a target at $.13518 (met by resistance), then if broken through there, a second target of $.14355 Invalidated below $.12000 (~50% of the height of the cup) Expecting a slight increase in trade volume and price around 4 P.M. EDT due to SLIVER.tv (parent of Theta Network)...
* bullish divergence on RSI, MACD and Stochastic * we are almost at 78.6% Fib Retracement of the initial run * @binance added $THETAUSDT trading pair * 1st target 50MA
Hello! Just do not pay attention to where the selling area is, I think it will come to this goal earlier. goal based on analyzing the whole chart ITS NOT financial advice!