Theta Token
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업데이트됨

Risky Trade on Theta

355
THETAUSD

THETABEARUSD

Theta had a huge parabolic move of about 1,400% in the last 75 days, from about $0.04 USD to about $0.60 USD. And now, a big correction started two days ago.

The correction does not seems to be over, we had an initial down move, which I will call Wave (a), which clearly tracks 5 waves to the downside, and now it seems like we are making a bounce, which I will call Wave (b), which should consist of three waves, a,b,c, of which it seems we are missing wave c. After that, I will be expecting another 5-waves to the downside to complete Wave (c).

So, what I will try to do is to short around the $0.40 USD area this week, with a price target of about $0.20 USD. If I don’t get a chance to short around that area this week, I will not make the trade.

To do the trade I’m using my account in ftx.com/ , you can either go for the Futures, ftx.com/trade/THETA-PERP , or the Bear Leverage Tokens, ftx.com/trade/THETABEAR/USD .

On the ThetaBear Tokens, the idea would be to buy around $2,500 USD, and to sell them later at around $7,500 USD sometime next week. On the futures to sell at $0.40 USD and close them at $0.20 USD, 5X leverage max.

And since it is a risky trade, you are not supposed to put all your money in it.

Good Luck to You
노트
Here is an update on the Theta trade, still waiting for that last push up before shorting.

스냅샷
주문취소됨
It’s breaking down already, I didn’t get a good entry. Didn’t do the trade. Trade cancel.

면책사항

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