Theta Network Risk
Updated
We read charts and we read signals.
We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains.
When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great.
Look at Theta Network (THETAUSDT) now, bottomed out.
If one is smart and do decide to buy after doing their research, the stop-loss can be at tight, at 10-20%...
And if you get it right and the market turns...
You can be looking at 40%, 60%, 90%, 150%, 200% or more on the way up.
That's the beauty of trading cryptocurrency or anything for that matter.
We have a maximum risk of 100%.
But the potential profits have no limits... And we know that crypto grows 10, 20, 30x on bullish cycles. A few Xs in every bullish wave.
Of course, there is no need to risk 100% ever.
A tight stop-loss as mentioned before, limits your risk to 10-20%.
So you only need to plan, win a few ones and many can go wrong and you still win in the end.
We have to be smart though...
We have 4 daily candles closing green.
The trading volume is still low, nothing is yet confirmed.
But after a lower low, short and long-term, with bear volume going lower and lower... We know for sure that soon the market will turn.
How you approach it is your own choice.
I am just sharing my thoughts.
This is not financial advice.
Thank you for reading my friend.
Happy weekend.
Happy holidays.
Thanksgiving, all that stuff.
I love you.
Namaste.
We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains.
When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great.
Look at Theta Network (THETAUSDT) now, bottomed out.
If one is smart and do decide to buy after doing their research, the stop-loss can be at tight, at 10-20%...
And if you get it right and the market turns...
You can be looking at 40%, 60%, 90%, 150%, 200% or more on the way up.
That's the beauty of trading cryptocurrency or anything for that matter.
We have a maximum risk of 100%.
But the potential profits have no limits... And we know that crypto grows 10, 20, 30x on bullish cycles. A few Xs in every bullish wave.
Of course, there is no need to risk 100% ever.
A tight stop-loss as mentioned before, limits your risk to 10-20%.
So you only need to plan, win a few ones and many can go wrong and you still win in the end.
We have to be smart though...
We have 4 daily candles closing green.
The trading volume is still low, nothing is yet confirmed.
But after a lower low, short and long-term, with bear volume going lower and lower... We know for sure that soon the market will turn.
How you approach it is your own choice.
I am just sharing my thoughts.
This is not financial advice.
Thank you for reading my friend.
Happy weekend.
Happy holidays.
Thanksgiving, all that stuff.
I love you.
Namaste.
Note
Our trade signal for Theta Network vs Tether (THETAUSDT)ENTRY: $0.830 - $0.888
TP1: $1.015
TP2: $1.150
TP3: $1.320
TP4: $1.515
TP5: $1.670
TP6: $2.000
TP7: $2.222
STOP: Close daily below $0.800
🔝 Daily Cryptocurrency Technical Analysis
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followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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