$THETA range to play with. Short squeeze soon. Similar to $ICX #Theta hasn't been succesfull in holding the position above the resistance. Will this time be different? I don't think so, but I will buy it again even if it falls beneath this ascending triangle
THETA is moving in a not really good formation : Bearish Flag in Downtrend
But it seems that whales are trying to form the Cup&Handle formation to reverse the price
Current price : 1515
Buyzone : Buy close to 1450 as possible
Sellzone : 1700-2025
Stoploss if price is lower than 1300
$THETA Showing some volume due to the list of its "fuel" on binance called $TFuel..
UCTS not showing a buy signal yet
While last candle has great volume, we need continuation for it to work.
A break over ~1.8ksats (resistance) could act as trigger to a potential entry
You can see it is facing high resistance. The blue line.
And also a strong trend line support. I am expecting a breakout soon.
And everything is explained in chart above. You can see.
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There I am running a 0.1 BTC to 0.5 BTC...
. ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price...