I'll be honest, I did not expect Algo out of all of them to start pumping like there's no tomorrow the moment BTC crashed. I love this little coin! But it's been really quiet for a long time. Here's a simple set up on an hourly chart. I love using fibonacci channel when I see a clear trend up or down like this. That way I can see the levels it's less likely to go...
In this chart I slightly repositioned the FIB retracement to reflect the recent upward movement (started on Mar 20), and to see where the recent dip lies within that. Theta is recovering beautifully so far in between .5 and .318 fib levels, better than most other coins, I'd say. I've noticed from the past charts, that Theta often does the opposite of what other...
Crazy last couple days for Theta token! It smashed through a few ATHs with very little resistance, and, well, it looked SCARY. Looking at its previous moves, and at what other coins do my logic screamed it HAD to retrace. My FOMO made me buy some at the semi-high. Ouch. So here's some Fib levels. It clearly retraces back to .382, to around $12.8, where it has the...
OXEN has experienced an incredible bull run of almost 80% in the last 2 weeks, and is now retracing back, hitting every FIB level on its way down. Hard to make a prediction since it's not a crazy high volume coin yet. IF we see a LTF correction in the next few days between 0.382 and 0.5 (drawing a bullish pennant), it may indicate its readiness to resume the upward trend.
Disclaimer: A complete noobie here. Excuse my lingo. I've been looking at Theta token for a few weeks now, trying to find an optimal long entry point after a few big impulses that took it to almost +100% within days. I did a little backtesting analysis with what little knowledge I possess. Take a look, and tell me what you guys see. THETA moon? or still a chance...