THETA 1D Global idea, support and resistance levels
Your attention is the global idea on the THETAUSDT chart
The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000%
It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :)
But we turn off the FOMO effect and continue to analyze the graph soberly.
THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days.
And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue.
The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50
And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone.
However, if you have an average or large deposit, then to agrees our risk management, THETA should not take more than 10-15% into your portfolio.
Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone.
The critical level is $10. Below this level, a long and deep correction may begin.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000%
It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :)
But we turn off the FOMO effect and continue to analyze the graph soberly.
THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days.
And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue.
The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50
And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone.
However, if you have an average or large deposit, then to agrees our risk management, THETA should not take more than 10-15% into your portfolio.
Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone.
The critical level is $10. Below this level, a long and deep correction may begin.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.