✴️ Theta Token | Easy 100%+ (Name Your Altcoin #37)

The drawings were already done here so this makes my job so much easier...

Theta Token is trading daily above MA200, this level was conquered recently and tested as support.
Staying above it signals long-term growth potential.

What we are seeing now is a small (small as in time duration) consolidation phase.
Consolidating the previous bullish breakout. It was so strong that several weeks are needed just for the market to adjust to the new prices.

The fact that we get consolidation rather than correction is a signal of strength.

We can easily see a 57% jump and even higher, to 115% in a matter of several weeks.
This can vary but the chart reads strongly bullish as it is.

Support and resistance levels are mapped on the chart.

Remember, the charts can always change... That's why we prepare for all possible scenarios when we trade.
No surprises, wiser choices when decision time comes.

Namaste.