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Dangermousebanana
May 14, 2021 7:05 AM

THETA - ready for the next move !! Long

Theta Token / BitcoinBinance

Description

THETA seems poised to make the next move !

It has been correcting for 2 months now and is making ping pong in a horizontal channel.

On a sentiment level we can see that when THETA reached these levels (marked by the red vertical lines) the price shot up again.

Watch out !! The next move may have already begun !!
Comments
Jute99
Some great news. Against the USDT Theta looks bad. Against BTC, Theta looks explosive.
Dangermousebanana
@Jute99, I think both charts look great ! Both developing a bull pennant which I guess will show itself as a continuation pattern !!
Jute99
@Dangermousebanana, I am glad you are so confident. I do not want to see a price correction below $7. Not that I don't have faith in Theta, but I am already all in and have no cash to pick up more at a discount. I am learning to wait with patience instead of worry. Theta and Tfuel are my largest holdings. I would love to see them find a new home about 2x from here.
Dangermousebanana
@Jute99, we have to zoom out !! THETA will be triple digits somwhere down the road ! Patience is key !!
Jute99
@Dangermousebanana, I agree. Wishing us all patience and rewards. 100M!
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