Theta Looking Super Bullish - Pump incoming
Updated
Long Term Chart for Theta looks amazing. It was a fantastic performer last cycle and appears to have found a bottom and has now formed an inverse head and shoulders.
We also just had a nice bounce from key long term support level and now sitting above all the EMA's. Expecting a nice fat pump if bitcoin holds weekly support and doesn't ruin the party.
Not financial advice.
We also just had a nice bounce from key long term support level and now sitting above all the EMA's. Expecting a nice fat pump if bitcoin holds weekly support and doesn't ruin the party.
Not financial advice.
Note
Starting to form a reversal structure on the hourly chart. Going to look to add to my position upon some further confirmations like another local higher high being formed .Trade active
Has been ugly but still holding my initial position on this one, Weekly support has not been broken yet, gameplan to buy deep around $2.50 mark if we have one more shakeout and wick down there.
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.