Hey dear patrons, hope you are well and welcome to the new update on Theta coin.
On the 12 hour chart, the price action of THETA has formed the final leg of the bullish BAT pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $12.01 to $11.76
Sell between: $12.59 to $13.48
Stop loss:
The maximum extent of potential reversal zone $11.76 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 14.5% and the loss possibility is 2.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On the 12 hour chart, the price action of THETA has formed the final leg of the bullish BAT pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the BAT pattern should be:
Buy between: $12.01 to $11.76
Sell between: $12.59 to $13.48
Stop loss:
The maximum extent of potential reversal zone $11.76 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 14.5% and the loss possibility is 2.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.