Potential Breakout for THETAUSDT

BINANCE:THETAUSDT   Theta Token / TetherUS
I have laid out two scenarios in which THETAUSDT could break out to a 600% upside. It is based upon these fundamental fibonacci channels which I recognized in combination with the recent fakeout above the top resistance line.

This could be a valuable entry point right here, but let me know your thoughts on this.