THETAUSDT1H trend chart
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THETA is forming a cup and handle pattern.
Now it broke the upper downtrend line but left a shadow line in 1H chart
If price can keep here w/o wicks top, trading strategy as below.
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Profit Targets:
a) 7.198~7.280----Fib(1.272~1.382)
b)7.454----Fib(1.618)
c) 7.737----Fib(2)
Stop losses:
a) 6.638-----Red horizontal ray
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🌔Signal channel: t.me/tradingdiary_cat
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.