Theta / USD - Gravestone DOJI

*Swing trade opportunity*

Following a 1400% rally and overbought condition (green column), a break of RSI support (blue diagonal line - which has now become confirmed resistance), there is now a strong warning a reversal in price action is imminent with the printing of the Gravestone DOJI candle on the above 3-day chart.

1st target 40 cents.

Trade active:

Clearly in melt up phase, RSI @ 92 on 10-day chart! Very overbought.

Comment:

Bearish engulfing crown - expect a nasty drop...

Comment:

"Pi-cycle top" alarm flashes - definitely time to get out.

Trade closed manually