}
Hi dear friends, hope you are well and welcome to the new update on Theta coin with Bitcoin pair.
On a daily time frame chart, the Theta has formed a bull flag .
While moving in the bull flag the price action has formed a bullish Gartley pattern on 4 hourly chart.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00022486 to 0.00021441 btc
Sell between: 0.00023309 to 0.00025284 btc
Stop loss:
The maximum extent of potential reversal zone to 0.00021441 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 17.5% and the loss possibility is 5%.
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 trading ideas you can join