THETA/USDT Long for Swing Trade
Theta is following my fib projection where I made +4,2% in this small rebound. If it follows the orange line like it did recently we can have some interesting gains to swing trade cause it is going to look for these 2 blue lines.
My idea is make an entry when it touches the the yellow line again, set a 3 ratio Limit/Stop-loss with partial at 3.9126 and wait to see where it goes. If it rebounds and look back for the Fib 0.786 you will lose nothing, if it follows the orange pathway we will have interesting gains.
Take care with the blue resistance lines.
PS: It is not financial advice and I'm not a pro, so have your own decision.
Cheers!
My idea is make an entry when it touches the the yellow line again, set a 3 ratio Limit/Stop-loss with partial at 3.9126 and wait to see where it goes. If it rebounds and look back for the Fib 0.786 you will lose nothing, if it follows the orange pathway we will have interesting gains.
Take care with the blue resistance lines.
PS: It is not financial advice and I'm not a pro, so have your own decision.
Cheers!
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