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

تم فتح الصفقة:

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.

تعليق: