#THETA
LONG🟢
We're currently within a correction wave, which acts as a continuation pattern for the upward trend.
At the moment, the price is near the 61.8% Fibonacci retracement zone, from where it's likely to bounce and continue moving higher.
I'm currently considering a short-term position.
• Opening a position around $3.39, averaging down at $3.30 and $3.20.
• Profit-taking targets: $3.45, $3.53, $3.64, $3.73, $3.82.
• Setting the stop loss just below $3.10, with a buffer.