Theta formed bullish Shark for upto 79.5% rally

By moon333 | moon333 | 21 May 2021


Hi friends, hope you are well and welcome to the new update on Theta coin.

The previous trade setup of Theta produced nice profits:

AiEDRTbO_big.png

https://www.tradingview.com/chart/THETAUSDT/AiEDRTbO-THETA-formed-bullish-Gartley-A-good-long-opportunity/ 

 

After execution:

1.png?token-time=1622851200&token-hash=j8htFgOPy0IpekFiejdtnYRrtW28DePuEF8Kq1Bn1B0%3D

 

 

Now this time on a 2-day chart, the price action of THETA has formed a harmonic bullish Shark pattern.

XRy80of6

https://www.tradingview.com/chart/THETAUSDT/3zAsfj8Q-Theta-formed-bullish-Shark-for-upto-79-5-rally/ 

 

Buying and sell targets for Shark move:
Buy between: $7.77 to $6.54

Sell between: $9.08 to $11.77

Stop loss:
The maximum extent of the potential reversal zone to $6.54 can be used as a stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 79.5%, and a high loss possibility up to 16%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

How do you rate this article?


3

0

moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.