While many alts are popping THETA seems still in accumulating phase. In short term first target to complete i H&S and to break resistance. If can, formation target can trigger Adam & Eve to carry price to the next level.
After broke the trendline, price is approaching to 0.382 fibonacci level. If can stay above of this level i'll label it as wave 2 just before huge wave 3.
If can not stay on this level, next support can be considered as 0.236 fib level.
I think we are completing wave 2 and unless trend support line is broken get ready to big wave 3.
Most of alts have similar setups and after long BTC dominance period i hope we are so close and alt season.
Price is currently above of trend support line and i guess we are so close to an anoouncement of a "HUGE THING" announcement. Additionally we are near to fibo 0.382 level and that could be end of correction.
Any drop below support trend line and confirmation means manually stop.