Thena: Simply Bullish (555% Potential)
It is no longer necessary to proof that the bottom is in for the Altcoins market, this is clearly confirmed as it happened a while ago, more than three weeks ago.
Here, on the THEUSDT (Thena) chart, it can be seen as a low hit 3-February. With a higher low hit Tuesday (25-Feb), this pair is turning green.
This is easy, simple but bullish.
The blue line on the chart marks the downtrend. A descending trendline. As soon as the action moves above this line the downtrend is confirmed broken. The market bias changes from bearish to bullish. THEUSDT is now in the bullish zone with bullish potential. The higher low reinforces this notion/signal.
Notice how after the 12-February bullish breakout there are three reactions on the same down-trendline that was once a strong resistance. Resistance turned support. This trendline was tested and it holds. Now that it holds prices can easily move up. It is still early though.
Another signal comes from the 0.148 Fib. extension level. The action is moving above this level today. A close above this level further strengthens a bullish case.
Finally, we have EMA13, the orange line on the chart. Once the day closes above it bullish tendencies are confirmed. Simple, yet bullish.
We have two targets mainly based on the short- and mid-term. One target goes for 325% and the next one goes for 555%.
Patience is key.
Buy and hold.
The Altcoins market is bullish now.
Thank you for reading.
Namaste.
Here, on the THEUSDT (Thena) chart, it can be seen as a low hit 3-February. With a higher low hit Tuesday (25-Feb), this pair is turning green.
This is easy, simple but bullish.
The blue line on the chart marks the downtrend. A descending trendline. As soon as the action moves above this line the downtrend is confirmed broken. The market bias changes from bearish to bullish. THEUSDT is now in the bullish zone with bullish potential. The higher low reinforces this notion/signal.
Notice how after the 12-February bullish breakout there are three reactions on the same down-trendline that was once a strong resistance. Resistance turned support. This trendline was tested and it holds. Now that it holds prices can easily move up. It is still early though.
Another signal comes from the 0.148 Fib. extension level. The action is moving above this level today. A close above this level further strengthens a bullish case.
Finally, we have EMA13, the orange line on the chart. Once the day closes above it bullish tendencies are confirmed. Simple, yet bullish.
We have two targets mainly based on the short- and mid-term. One target goes for 325% and the next one goes for 555%.
Patience is key.
Buy and hold.
The Altcoins market is bullish now.
Thank you for reading.
Namaste.
🚨 Long-term Success & Freedom Available Now! (Avoid Mistakes) —PREMIUM Channels 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
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.
🚨 Long-term Success & Freedom Available Now! (Avoid Mistakes) —PREMIUM Channels 👉 lamatrades.com (Since 2017)
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
🥇 9999% Results
t.me/alansantana1111/5935
t.me/anandatrades/971
🏆 FREE Trade-numbers
anandatrades.com
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.