Target is on the chart. Looked like a rising wedge to me, so I was ready when it broke down. Others saw an ascending triangle. If it was a rising wedge then my current target makes sense. If not, if the bulls have their way, I'll be left waiting for a price that 's already come and gone, and I'll have to decide when best to buy back in at a higher price. Good...
Despite Bitcoin volatility today, Theta maintained its uptrend (dotted red line). Solid, steady project.
Tradingview Free Tools that I Use: EMA 8 (shows the moving average--in this case, for every 8 days) EMA 48 EMA 200 Fib Retracement A good way to pick out support/resistance levels -- pay attention to where these line up with, or are close to, big round price numbers that people tend to use: on this chart, 0.00038, for example. Volume Buy or sell...
Ready to go up, and ready to catch you at a lower price if you go down.
Rise and consolidate, rise and consolidate ... nice and orderly, as you see.
Six months accumulation. Meaningful, routine development and updates. Dolphin update put confirmed transaction speed to less than one second. Ledger pruning is on the horizon. Looks great. I'm ready.
On the hourly it looks like we're stepping onto the 50 day ema for support. My stop loss is tight at 3800.