THETA Mid-long term perspective [+fundamentals]
Updated
Hi Theta traders.
It's a supplemental mid-long term THETA technical analysis to my article written
on my blog: youjin.pro
Main takeways:
1) We are in the long term superchannel. Perfect fit for swing traders
2) EMA 20 crossed EMA 50 with volumes meaning that we may experience
turbulence zone in theupcoming months
3) 0.1 USD appears as great add-one (or entry zone for a long run)
General recommendations:
1) Stop losses near 0.1
2) Don't lose position if you are in. Measure your risk-reward and
probably add more on lower levels
3) Minimize amount of deals closer to the mid channel (0.13-0.17 USD levels)
Thanks. Please share your thoughts in the comment section!
It's a supplemental mid-long term THETA technical analysis to my article written
on my blog: youjin.pro
Main takeways:
1) We are in the long term superchannel. Perfect fit for swing traders
2) EMA 20 crossed EMA 50 with volumes meaning that we may experience
turbulence zone in theupcoming months
3) 0.1 USD appears as great add-one (or entry zone for a long run)
General recommendations:
1) Stop losses near 0.1
2) Don't lose position if you are in. Measure your risk-reward and
probably add more on lower levels
3) Minimize amount of deals closer to the mid channel (0.13-0.17 USD levels)
Thanks. Please share your thoughts in the comment section!
Trade active
Entry zone reached. Slowly buying
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.