Theta broke the trendline and retested it late January now we are coming up on a golden cross just the catalyst we need to break 1.32 and head up to the next resistance maybe even right through it
The price is consolidating on 200EMA/node of big volume in an ascending triangle formation, preparing for a next move. It is additionally supported by nearby (and recently touched) zone of support(green) and dynamic support(orange). If this time THETA could break dynamic resistance (blue dashed) and key level resistance (7.25) we could then hope for some...
Theta has been steady rising since the end of september but currently is feeling the heat like the majority of the market due to BTC slightly dropping! We are currently approaching a very heavy support zone and i think it is pretty likely that we get a bounce coming up soon, first we have the support coming from the midline on the bollinger bands, then we have...
Seems that THETA finally decided to stop being a stable coin around the 6/7$ mark and made some kind of move upwards.
If we close above the grey trend line and the $8 mark i bet this is going to teleport to $9.5, i’ll book some profit here since $10 is also a psychological level.
Good luck!
