THETA.USDT (Y21.P2.E1).Small breakout trade
Hi Traders,
Theta is still in the re-accumulations stages and right now stalking a breakout trade.
Observations on the 1 hrly
- MACD supports upward momentum
- 2 real touches;
- 13/50 ema cross over pending
- Lower high in this structure with 2 double bottoms
- 0.5 being the resistance level
Thoughts:
1 to 1 trade. sell at the next fib level.
All the best,
S.SAri
Theta is still in the re-accumulations stages and right now stalking a breakout trade.
Observations on the 1 hrly
- MACD supports upward momentum
- 2 real touches;
- 13/50 ema cross over pending
- Lower high in this structure with 2 double bottoms
- 0.5 being the resistance level
Thoughts:
1 to 1 trade. sell at the next fib level.
All the best,
S.SAri
Trade active:
I sold at the target and re-entered based on the 1 hrly trend. This can go long based on this structure...looks like re-accumulation is finished.
Comment:
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
