THETA is on of my favorite coins.
I wrote a big article about it on my Quora profile (you can find link in the descriotion)
Sentiments aside. Good setup for a quick swingie
1) Bullish momentum (Higher lows + MACD convergence)
2) Confirmation on all timeframes (even daily)
3) Going against BTC trend
So the actual strategy would be:
1) Enter at 0.5 fib retracement (0.1045$) Why not 0.618? Because the trend is strong it may not go that far.
2) Stop loss around 0.786 (if lower trend is broken = no reason for losing more money here)
3) Take profit potentially everything that is below 0.128$ (historical resistance + high volume trade zone)
Move your stops to new higher lows to make the most out of this trade. Selling half just before 0.128$ may not be that bad idea!
Good luck! Hit that like button if you don't mind!
See you around :)
I wrote a big article about it on my Quora profile (you can find link in the descriotion)
Sentiments aside. Good setup for a quick swingie
1) Bullish momentum (Higher lows + MACD convergence)
2) Confirmation on all timeframes (even daily)
3) Going against BTC trend
So the actual strategy would be:
1) Enter at 0.5 fib retracement (0.1045$) Why not 0.618? Because the trend is strong it may not go that far.
2) Stop loss around 0.786 (if lower trend is broken = no reason for losing more money here)
3) Take profit potentially everything that is below 0.128$ (historical resistance + high volume trade zone)
Move your stops to new higher lows to make the most out of this trade. Selling half just before 0.128$ may not be that bad idea!
Good luck! Hit that like button if you don't mind!
See you around :)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.