Theta Network
做空

THETA Shooting Star Short

128
THETA just printed an enormous wick on the daily chart.

This is most likely a minor degree blow off top, signalling the next wave down.

Wicks can be surpassed, but in crypto a wick like this is unlikely to be surpassed without first slumping further down.

The wick is equal to the distance before the next liquidity pool at and below the 6 Feb wick.

This sets up a simple 1:1 trade to take profit before that pool.

Entry: Now
TP: $0.158
SL: $0.2530

Not advice.
註釋
Slight correction: the 1:1 completes at the wick low. To avoid the liquidity pool simply take profit before 0.1587 - almost a 1:1

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