Hi dear patrons, hope you are well and welcome to the new trade setup of Theta coin.
Previously we had a nice trade of THETA:
Now this time on a 12-hour chart, the price action of Theta has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $6.91 to $6.56
Sell between: $7.19 to $7.85
Stop loss:
Maximum extent of the buying zone $6.56 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 19.5% and a loss possibility is 5.5%.
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 trade of THETA:
Now this time on a 12-hour chart, the price action of Theta has formed a bullish Cypher pattern:
Buy and sell targets:
Buy between: $6.91 to $6.56
Sell between: $7.19 to $7.85
Stop loss:
Maximum extent of the buying zone $6.56 can be used as a stop loss.
Possible profit ratio:
As per the above targets, this trade has a profit possibility of 19.5% and a loss possibility is 5.5%.
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.
Trade closed: target reached
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.