THETA quickie :DTHETA is on of my favorite coins.
I wrote a big article about it on my Quora profile (you can find link in the descriotion)
Sentiments aside. Good setup for a quick swingie
1) Bullish momentum (Higher lows + MACD convergence)
2) Confirmation on all timeframes (even daily)
3) Going against BTC trend
So the actual strategy would be:
1) Enter at 0.5 fib retracement (0.1045$) Why not 0.618? Because the trend is strong it may not go that far.
2) Stop loss around 0.786 (if lower trend is broken = no reason for losing more money here)
3) Take profit potentially everything that is below 0.128$ (historical resistance + high volume trade zone)
Move your stops to new higher lows to make the most out of this trade. Selling half just before 0.128$ may not be that bad idea!
Good luck! Hit that like button if you don't mind!
See you around :)
Youjin
Hedera HasgraPH is tradable enouGHHey TW community. Congrats on first bull movements this year :)
I spotted this sleeping momentum monster and decided to share with you.
To be honest I don't know much about Hedera Hashgraph except for it's being listed on Binance. So please don't judge me if it's a complete shitcoin. I'm seeing it from a trader's perspective :)
Ok let's get down to business:
1) MACD divergent bullish momentum since Dec 17th
2) We're dancing near the high-volume zone (if not bounce here then where?!)
3) Recent alt pump hasn't affected HBAR by any means. (Mind that it's a Binance coin!)
Am I bullish? Yes but 75%
That 25% goes to the recent lower highs. Still not sure what chart is trying to say me by that =\
Will I take this trade? - Hell YES with a tight stops just below the 0.01 zone.
I've put target zones on the charts. (VPVR high volume zones aligned with historical supports)
See you around! Hit that like button if you don't mind. Thanks