Technical analysis by jahanzaibbukhari about Symbol THETA: Sell recommendation (5/23/2024)
https://sahmeto.com/message/1861875
jahanzaibbukhari
Rank: 6187
Analytical Power:
1.6
:Sell
Price at Publish Time:
$2.45
Profit Target:
(+12.12%)$2.15

Overall I am quite bullish on THETA-USDT. Market is quite choppy and I am looking for sell setup, ascending trend has broken, distribution phase has completed, 1) Started making LH,LL.2) Bearish Divergence3) Form Reversal pattern in distribution phase (Supply zone)4) Expected to reach in Demand zone at 2$.Key levels with entry and TP are defined.
Source Message: TradingView