$THETA is pumping. Sell at $20?
NOT FINANCIAL ADVICE.
In this study piece of
THETA's recent explosive price action, we see a very strong move to the upside after weeks of Price Action trading in a prolonged triangle of a Wave 4 pullback as shown below:
Here we see how the 0.618 resistance impacted price action as it traded in a channel below this fib level.
That is until it finally broke free of even the 0.886 ceiling, a fresh signal that we could be on Wave 5 underway with a target price of $18~$20.
With such explosive fervour, there's really no telling how much higherTHETA can go in this bull run!
In this study piece of
THETA's recent explosive price action, we see a very strong move to the upside after weeks of Price Action trading in a prolonged triangle of a Wave 4 pullback as shown below:Here we see how the 0.618 resistance impacted price action as it traded in a channel below this fib level.
That is until it finally broke free of even the 0.886 ceiling, a fresh signal that we could be on Wave 5 underway with a target price of $18~$20.
With such explosive fervour, there's really no telling how much higher
THETA can go in this bull run!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.