Theta Token / Bitcoin
Long

THETA-BTC-DESCENDING WEDGE (daily view)

857
Hello traders and investors!! So great to be here today, let's take a little journey and examine THETA๐Ÿ“‰๐Ÿ‘‡๐Ÿ‘‹



Price touched rims of wedge 4 times, and on the 5th bounce we broke the pattern and exited the wedge.๐Ÿ˜Ž

Now I see it possible that we can go to our targets.



QUICK REMINDER ๐Ÿ˜„๐Ÿคจ๐Ÿ“Œ
Make sure to always use a stop loss ๐Ÿคš๐Ÿ›‘๐Ÿ’ฒ when making trades.๐Ÿ‘๐Ÿ†—๐Ÿ‘Œ

Consider we may get rejected here, rooting for the bulls.. here is why โฌโฌโฌโฌโฌโฌ :

Call me crazy, but I have seen Theta pump when BTC is bearish๐Ÿป๐Ÿ‘, im not missing out on this possibility.

(This chart is different than THETA USDT or USD, we are seeing bullish candles because this chart depicts THETA in relation to BTC price.. BTC dropping, THETA is stronger than the correlational effect that BTC has on it's price.)

This analysis is technical approach. I always recommend considering multiple factors when making any trade!

THETA mainnet launch was recently pushed to JUNE 30th (this month.) This is huge news for THETA and T-fuel.

Let's see and always remember โฌโฌ๐Ÿ˜‰๐Ÿ›‘This is not financial advice๐Ÿ›‘ Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!

Always have a stop loss โœ‹๐Ÿ›‘๐Ÿ’ฒ set

Any thoughts ๐Ÿ’ญ๐Ÿ’ก, questions ๐Ÿ™‹โ€โ™€๏ธ๐Ÿ™‹โ€โ™‚๏ธโ“, good ๐Ÿ‘, bad๐Ÿ‘Ž, happy ๐Ÿ˜„ or sad ๐Ÿ˜ฅ, in the comments always welcome.

Thank you for reading and trade safely!!!!

Jazerbay โ˜ฏ

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