The algorithm suggests that THETA's price is currently unstable and that it has potential for even further growth.
If you are looking for a medium-term investment, go for it, but if you want to grab some juicy profit and run away you must consider that it will likely fall below $8 once again to stabilize before consolidating to $8.3 for some time.
So wait for a good entry point (personally, I'll be waiting for the price to drop to 7.75 before I set another buy order) and then enjoy the ride to a tasty profit.
I'll be using permanent futures once again, yet again with leverage 3, but I will only invest half of my destined capital as the price reaches $7.7, given that there is also the possibility for it to fall once again and I may get to enter at a better price.
Remember: only buy THETA is the price drops a little, as the market is currently bullish but unstable, and might turn upside down at a moment's notice.
I'll post an update as soon as the situation changes.
Comment below if you found this information useful, and I'll post more.
If you are looking for a medium-term investment, go for it, but if you want to grab some juicy profit and run away you must consider that it will likely fall below $8 once again to stabilize before consolidating to $8.3 for some time.
So wait for a good entry point (personally, I'll be waiting for the price to drop to 7.75 before I set another buy order) and then enjoy the ride to a tasty profit.
I'll be using permanent futures once again, yet again with leverage 3, but I will only invest half of my destined capital as the price reaches $7.7, given that there is also the possibility for it to fall once again and I may get to enter at a better price.
Remember: only buy THETA is the price drops a little, as the market is currently bullish but unstable, and might turn upside down at a moment's notice.
I'll post an update as soon as the situation changes.
Comment below if you found this information useful, and I'll post more.
Dagangan ditutup: sasaran tercapai
Auto-opened a small position at 7.83 tonight, woke up with a juicy +18%.I'll close the operation now, because the market is still unstable and - while most of it looks bullish - the BTC data makes me think that it will either explode in a SUPER bull run or that it won't last much longer.
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.