Preface:
Please leave a like and comment if you find value in this post! It is a really quick and effective way to show your support! Also, feel free to follow this channel now for regular day trading technical analysis!
Thank you and have a wonderful day!
---
Strategy:
THETA/BTC broke out yesterday. If BTC ranges between $9150 - $10,000, then I suspect THETA will continue it's bull run. THETA found support at the 0.382 Fibonacci which had confluence with daily horizontal support and a 0.618 Fibonacci (not depicted on this chart).
---
Entry: 0.00002245
Entry Range: 0.00002222 - 0.00002300
T1: 0.00002345
T2: 0.00002385
T3: 0.00002550
T4: 0.00002570
T5: 0.00002695
Stop: 0.00002175
--
R:R: 4.25
Risk: 4.35%
Reward: 18.51%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Please leave a like and comment if you find value in this post! It is a really quick and effective way to show your support! Also, feel free to follow this channel now for regular day trading technical analysis!
Thank you and have a wonderful day!
---
Strategy:
THETA/BTC broke out yesterday. If BTC ranges between $9150 - $10,000, then I suspect THETA will continue it's bull run. THETA found support at the 0.382 Fibonacci which had confluence with daily horizontal support and a 0.618 Fibonacci (not depicted on this chart).
---
Entry: 0.00002245
Entry Range: 0.00002222 - 0.00002300
T1: 0.00002345
T2: 0.00002385
T3: 0.00002550
T4: 0.00002570
T5: 0.00002695
Stop: 0.00002175
--
R:R: 4.25
Risk: 4.35%
Reward: 18.51%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Nota
We can see a nice confluence of support from two Fibs and daily horizontal support. This is when I entered the trade. This entry provided a great Risk:Reward setup! Nota
14.48% Gain in under 12 hours! Let's get this crypto!T1: 0.00002345 - HIT
T2: 0.00002385 - HIT
T3: 0.00002550 - HIT
T4: 0.00002570 - HIT (14.48%)
Nota
T5: 0.00002695 - HIT (18.51% Gain)
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.