Your attention is the global idea on the THETAUSDT chart
The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000% It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :) But we turn off the FOMO effect and continue to analyze the graph soberly.
THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days. And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue.
The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50 And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone.
However, if you have an average or large deposit, then to agrees our risk management, THETA should not take more than 10-15% into your portfolio. Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone.
The critical level is $10. Below this level, a long and deep correction may begin. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Wow, what a great TA, is there any other coin with this potential or have I missed all the boats?
P_S_trade
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@Jrehman, Thanks for rating. We are also looking for)
HumbleFutures
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my favorite coin without question... love that log chart too. I dont use the log chart, but taking a peak at it now and again does reveal some real solid S/R nuggets. TY for posting.