THETA/USDT: Finally a pullback for a new entry.

27 мая 2021 г.

THETA was amongst the best performing coins considering the last 12 months.
Finally we see some pullback for new entry opportunities.
The upwards moving trendline did act very well as support so far.
As gaming and streaming will become bigger and bigger also THETA is likely to increase in value.





Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.