LONG #THETA USDT from $2.1858 stop loss $2.03
1h TF. The asset is held in the area of 2.14, which is a demand level and the boundary of the local uptrend. The slowdown in movement and the increase in volume at the lows indicate accumulation of positions by buyers. The formation of CHoCH confirms a possible reversal. For confirmation of growth, it is necessary to break the level of 2.25 and establish a position above, which will open the way to higher liquidity zones. Upon successful testing of the zone 2.17–2.14 and the formation of a reversal pattern, there is an opportunity to enter long positions.
Take Profits:
TP1: 2.40 — the nearest liquidity zone.
TP2: 2.55 — key resistance zone.
TP3: 2.75 — area of liquidity and resistance.
Open a trade 👇$THETA