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Thetatokenethereum

THETA/BTC Great breakout from THETA/BTC on our weekly chart, also being fuelled by some good volume. We have seen a clear bullish engulfing candle close above our moving average resistance on our weekly chart, which in general is quite bullish. Our daily chart is also trading back above our 200 ma, a level it hasn’t traded above since January 2019; we believe this is a clear change in trend and can expect this coin to see some good gains over the next few weeks, matched with a stable increase in volume.
Long
by fatpigsignals
2
A trading opportunity to buy in THETAETHTechnical analysis: . ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00050) Ending of entry zone (0.00044) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000600 TP2= @ 0.000657 TP3= @ 0.000814 TP4= @ 0.000941 TP5= @ 0.001067 TP6= Free
Long
by ForecastCity
2
A trading opportunity to buy in THETAETHTechnical analysis: . ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00050) Ending of entry zone (0.00044) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.000600 TP2= @ 0.000657 TP3= @ 0.000814 TP4= @ 0.000941 TP5= @ 0.001067 TP6= Free
Long
by ForecastCity
2