Breakout from Vertical Channel
Observation:
Theta/USDT has broken out of a vertical channel, as indicated on the chart.
Target:
Based on the channel's height, the objective is set at $0.72.
Stop Loss:
A stop loss is advised on a 4-hour candle close below the support level.
Description:
The Theta/USDT pair has showcased a breakout from its vertical channel formation. Using the height of the channel as a projection, we've set our target at $0.72. As always, risk management is paramount; hence, it's recommended to place a stop loss if there's a 4-hour candle close beneath the support. Keep an eye out and trade wisely!
Theta/USDT has broken out of a vertical channel, as indicated on the chart.
Target:
Based on the channel's height, the objective is set at $0.72.
Stop Loss:
A stop loss is advised on a 4-hour candle close below the support level.
Description:
The Theta/USDT pair has showcased a breakout from its vertical channel formation. Using the height of the channel as a projection, we've set our target at $0.72. As always, risk management is paramount; hence, it's recommended to place a stop loss if there's a 4-hour candle close beneath the support. Keep an eye out and trade wisely!
Feragatname
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.