CobraVanguard

THETA's Future bullish Movement Explained.

Long
BINANCE:THETAUSDT   Theta Token / TetherUS
Hi every one
THETA TOKEN / TETHERUS

we Want To Review Theta To See what is going To happen to it. The Resistance & Support zones are Shown in The Picture. If we consider The Support & Resistance , and make a Parallel Channel out of It, we can Understand That The Price is at the bottom of The Channel & Is ready to ascend Further because There are Regular Bullish Divergence (+RD) On Both MACD & RSI so we can Expect a Good Bullish Movement From Here. another Thing is That if This Expected Bullish Movement Happens, We can See Formation of a Double bottom Pattern is More Likely to happen, which Double Bottom Pattern will also Help The Bullish Situation to Reach the Top of The Parallel Channel.

This is only an idea and not a financial advise ( NFA )🔴

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Thank you for seeing idea .
Have a nice day and Good luck

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