THETA has retraced over 40% since it's ATH, giving us a potential position for new growth!
Very strong confluence of indicators here... From the Top:
CLEAR bullish ABCD pattern RSI oversold with confirmation from volatility this is a likely bottom MACD downtrend appears to be ending. TD9 red sequence just finished. with the current candle being our zero candle.. Fib levels seem to be respected in the drop so far.
Overall, these are very bullish indicators. volume is rapidly building and we may see another leg up here soon, or at the very least a retest of upper boundaries.