My tip for this weekend, alot of signs for THETA to go.
Yes, I know its abit late but I had things to do and just got home.
My charts and commentary give the justification.
All the best,
Theta is recently shining with its bullish price action and the fundamentals behind. It is sometimes better to look at your investments at a wider perspective and not worry about short term price price fluctuations. In 2021, THETA might possibly outperform ETHEREUM and make its investors happy.
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Looks like we broke up thedescending triangle, nice set up for a long, if you want to be more conservative, its better to wait for a break of the 200MA and then go long.
Let me know what you think
If Theta turn 0.786 FIB level into support then rally towards ETH could shortly start.
0.786 FIB also confluence with key support level based on past trading level at USD ~0.00056.
Taking into consideration that Theta has just launched joint marketing campaign with BRAVE also create boost to price and adoption.
. 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...
. Theta Token/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
. There is a possibility of temporary retracement to suggested support zone (0.00053000 to 0.00047000). if so, traders can set orders based...