THETA - $1 Hit, Now Time To Buy 🚀

I wasn't going to make a thread on THETA but since my bearish call went so well for it from $12 down to $1 in tandem with BTC to hit 20K, I thought I will make one for the potential reversal here.

The only reason I didnt make a thread is that THETA isn't the cleanest chart here. As yet it has not reversed at any particular Fibonacci juncture, it didn't quite reach support and it didn't quite go oversold on the weekly RSI.

And of course it could go a bit lower and fulfil those things, but unless BTC does also then I dont think it will and i think its a reasonable chance BTC bottom is in. And thats crypto - fast, wild and volatile and you dont always get the cleanest chart.

But what you do get with THETA is multipliers and if it did bounce in this area then a typical 0.7 (could be more) retracement would be a x7 from the low, so this one is well worth having imo.

I have linked the thread from 2021 when THETA was at $12 a year ago. Quite funny and some fairly vulgar comments 😸.

Not advice.