WickHunter

BEARISH ON THETA/BTC

Short
WickHunter Updated   
BINANCE:THETABTC   Theta Token / Bitcoin
Hello Traders,

Large H+S on THETA/BTC pair just as BTC.D is ripping.



Comment:
It bounced perfectly on the 0.618. Maybe the H+S formation is invalid.
Comment:
Its below the 0.618.
Comment:
The 0.786 target.
Comment:
This retrace still does not feel right, im still bearish.
Comment:
In my head
Comment:
This could be the last leg of this retrace.
Comment:
As I expected 1 more move down. I reckon Theta has completed the retrace onto the 0.786 retrace. I would have expected the final 5th wave of a C Wave retrace to be deep but this one looks kind of short and stubby.
Comment:
That bull div on the weekly looks like confirmation of momentum change.
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