#THETA moving in wave 2, great opportunity to buy the dipalthough i've already signaled Theta on 1330 sat through my channel, but those who missed that opportunity, can get a second chance to grab the dips. at present level theta is going in a correction wave 2 where it can retrace upto 50-61.8% of wave 1, which can push the prices between 1400-1330 sat zone, if wave 3 starts from this zone, which is most likely, than am expecting it to go upto 2200 sat, you can also buy on a breakout when prices will cross 1700 sat, as there's no guarantee that we'll reach under 1400 buying zone, so better not to miss the opportunity, when prices start rallying.
buy 1330-1400 sat
buy when prices breakout 1700 sat
T1 1840
T2 1980
T3 2200
Stop loss 1100
Theta
A trading opportunity to buy in THETAETHTechnical analysis:
. ThetaToken/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00053000 to 0.00047000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00053000)
Ending of entry zone (0.00047000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00060
TP2= @ 0.00066
TP3= @ 0.00078
TP4= @ 0.00092
TP5= @ 0.00107
TP6= Free