Hello, friends!
We have consolidated above a strong support level and exited the downtrend line. This allows us to consider a bounce from the support level. There was significant buying activity at the exit from liquid zones, indicating interest from major market participants. Since we are analyzing the daily timeframe, the expected dynamics will unfold over more than just one day.
Don't forget about the risks and be sure to manage them!
THETA has unveiled its roadmap for 2024, announcing the launch of EdgeCloud.
We have consolidated above a strong support level and exited the downtrend line. This allows us to consider a bounce from the support level. There was significant buying activity at the exit from liquid zones, indicating interest from major market participants. Since we are analyzing the daily timeframe, the expected dynamics will unfold over more than just one day.
Don't forget about the risks and be sure to manage them!
THETA has unveiled its roadmap for 2024, announcing the launch of EdgeCloud.
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