THETA// Potential Trend Break
After being in a strong downtrend for the past few months, THETA seems to have built the strength for a break due to a market wide rally.
Theta was one of the first coins to begin these pumps and has been consolidating for quite a few days.
Given we get a daily close outside the TL, we can expect THETA to rally from here. First target would be the previous high where price touched the TL and so forth. Fib levels also show this bias. *Given we have the break.
Previous analysis linked.
Theta was one of the first coins to begin these pumps and has been consolidating for quite a few days.
Given we get a daily close outside the TL, we can expect THETA to rally from here. First target would be the previous high where price touched the TL and so forth. Fib levels also show this bias. *Given we have the break.
Previous analysis linked.
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These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
