๐ Price Movement:
Surge: THETA surged by over 30% in the last two weeks, reaching a rejection level around $1.325.
Correction: The price has begun to correct, and a retracement to around $1.10 is anticipated in the next week or two.
๐ผ Trading Plan:
Retracement Entry: If the $1.10 level holds, consider a spot long trade.
Profit-Taking: Goal to take some profit at $1.325 to $1.40.
Remaining Position: Let the remainder ride to the next resistance area at around $1.60.
Risk Management: Set a stop-loss just below $1.05 to manage potential losses.
๐๐ Note: Keep an eye on market developments and adjust the plan accordingly. ๐๐ก
#THETA #CryptoTrading #PriceAnalysis ๐๐
Surge: THETA surged by over 30% in the last two weeks, reaching a rejection level around $1.325.
Correction: The price has begun to correct, and a retracement to around $1.10 is anticipated in the next week or two.
๐ผ Trading Plan:
Retracement Entry: If the $1.10 level holds, consider a spot long trade.
Profit-Taking: Goal to take some profit at $1.325 to $1.40.
Remaining Position: Let the remainder ride to the next resistance area at around $1.60.
Risk Management: Set a stop-loss just below $1.05 to manage potential losses.
๐๐ Note: Keep an eye on market developments and adjust the plan accordingly. ๐๐ก
#THETA #CryptoTrading #PriceAnalysis ๐๐
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.
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.