$THETA #THETA 📉
Direction: SHORT
Entry zone: 0.1418 to 0.1424
Stop loss: 0.1442
Target 1: 0.1393
Target 2: 0.1371
Theta is trading near 0.1421 dollars, down 8.67 percent in 24 hours, inside a range of 0.1415 to 0.1601 dollars, and the recent hourly closes show a slow bleed down, 0.1472, then 0.1451, then 0.1434, then 0.1437, then 0.1421. 🔴 My reading is that THETA is bleeding lower while the market crashes, because every hourly close is lower than the last and it is sitting right on its 24 hour low after giving back the whole push toward 0.1601. A short from the current zone, with a stop above 0.1442, targets 0.1393 first and then 0.1371 if sellers push through the range low. A rise above 0.1442 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Theta fall to 0.1393 first, or rise above 0.1442? 🤔
Follow for more trades.
#Theta #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.1418 to 0.1424
Stop loss: 0.1442
Target 1: 0.1393
Target 2: 0.1371
Theta is trading near 0.1421 dollars, down 8.67 percent in 24 hours, inside a range of 0.1415 to 0.1601 dollars, and the recent hourly closes show a slow bleed down, 0.1472, then 0.1451, then 0.1434, then 0.1437, then 0.1421. 🔴 My reading is that THETA is bleeding lower while the market crashes, because every hourly close is lower than the last and it is sitting right on its 24 hour low after giving back the whole push toward 0.1601. A short from the current zone, with a stop above 0.1442, targets 0.1393 first and then 0.1371 if sellers push through the range low. A rise above 0.1442 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Theta fall to 0.1393 first, or rise above 0.1442? 🤔
Follow for more trades.
#Theta #Crypto #FuturesTrading #TradingSignals
