Most of the time I can do a trading setup for coin easily, but this time I tried to find a setup for THETA but it's really not worth it.
The whole THETA market looks bearish and risky. so I'm just gonna tell your about the support and resistance areas.
There is a small support line on the chart which might keep the price up, but if broken: the price will land on the "main support" area.
and also the same for the resistances... The price might cross the local resistance if the volume builds it up but it will definitely have a difficulty crossing the main resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
The whole THETA market looks bearish and risky. so I'm just gonna tell your about the support and resistance areas.
There is a small support line on the chart which might keep the price up, but if broken: the price will land on the "main support" area.
and also the same for the resistances... The price might cross the local resistance if the volume builds it up but it will definitely have a difficulty crossing the main resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
