In my other post about THETA I was looking at the grand overview of things. This idea is more of a short term trade.
I've spotted a beautiful bearish triangle which has been forming since the start of 2021. In my opinion THETA needs to cool down a little after the crazy run up it had at the end of 2020.
I've marked a support line on the chart where I expect the price to either consolidate or reverse. I'd place my target around that area. Happy trading!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.