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Theta Token / Bitcoin
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BEARISH ON THETA/BTC

Por WickHunter
Atualizado
Hello Traders,

Large H+S on THETA/BTC pair just as BTC.D is ripping.



Nota
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
snapshot
Nota
Its below the 0.618.
snapshot
Nota
The 0.786 target.
snapshot
Nota
This retrace still does not feel right, im still bearish. snapshot
Nota
In my head snapshot
Nota
This could be the last leg of this retrace.
snapshot
Nota
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby.
snapshot
Nota
That bull div on the weekly looks like confirmation of momentum change.
CryptocurrencyFibonacciHead and ShouldersSupport and ResistancethetaTHETABTC
WickHunter

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