Hi dear patrons, hope you are well and welcome to the new trade setup of Theta coin.
Previously we had a nice harmonic trade of Theta:
Now on a daily time frame, THETA formed bullish BAT pattern. Right now it is moved a little up after completing the final leg, therefore, we can wait for the correction to buy it from the buying zone.
Buy between: $6.021 to $5.690
Sell between: $7.002 to $8.040
Stop loss:
Stop loss can be set below the maximum extent of buying zone which is $5.690
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 41% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice harmonic trade of Theta:
Now on a daily time frame, THETA formed bullish BAT pattern. Right now it is moved a little up after completing the final leg, therefore, we can wait for the correction to buy it from the buying zone.
Buy between: $6.021 to $5.690
Sell between: $7.002 to $8.040
Stop loss:
Stop loss can be set below the maximum extent of buying zone which is $5.690
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 41% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
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.