THETAUSDT Expected return 100% next month
Hello everyone,
this is my 11th recommendation in the crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of THETAUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 6H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the past 18 months.
Now, let's get to the analysis. In this chart, the long term moving averages (2048, 1024, 512) are smooth and curving up which means that THETAUSDT has low long-term volatility, and it's return is accelerating over the long-term. it also has very strong long-term trend, it doubles on average every month. then, the mid-term moving averages (256, 128), they are getting smoother with time and are curving up, which means that both the mid-term volatility and return are getting better with time. finally, the short-term moving averages (64, 32, 16) are moving in a step-like formation with moderate curvature which indicate moderate short term volatility and step-like price movements over the short-term. Now, the conclusion is that THETAUSDT has desirable return-volatility profile and is expected to be among the best performing crypto-assets in the next few weeks.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them, you can also tip me through my THETA wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
(This address is for Mainnet token deposits only. Please do not deposit ERC20 tokens to this address.)
thanks
Mustafa
this is my 11th recommendation in the crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of THETAUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 6H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the past 18 months.
Now, let's get to the analysis. In this chart, the long term moving averages (2048, 1024, 512) are smooth and curving up which means that THETAUSDT has low long-term volatility, and it's return is accelerating over the long-term. it also has very strong long-term trend, it doubles on average every month. then, the mid-term moving averages (256, 128), they are getting smoother with time and are curving up, which means that both the mid-term volatility and return are getting better with time. finally, the short-term moving averages (64, 32, 16) are moving in a step-like formation with moderate curvature which indicate moderate short term volatility and step-like price movements over the short-term. Now, the conclusion is that THETAUSDT has desirable return-volatility profile and is expected to be among the best performing crypto-assets in the next few weeks.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them, you can also tip me through my THETA wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
(This address is for Mainnet token deposits only. Please do not deposit ERC20 tokens to this address.)
thanks
Mustafa
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