Stretchio

Bullish on Theta while dependent on BTC

Long
Stretchio Updated   
BINANCE:THETABTC   Theta Token / Bitcoin
Theta/BTC has been in a downward channel since May where we saw the big drop in the entire crypto market. Main-net 3.0 did not see the run up in value we had for 1.0 and 2.0. If BTC holds in this 50-53k range we could easily see a pump to, and above ATH.

Much of the Theta is circulation is locked up by the corporate validators. Supply shock if very possible.
Comment:
Still in the channel - look for breakout
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.