THETA Token Approaching Reversal Point.
#THETA / USDT: I've been tracking this pair for a while. Now, there's a new opportunity emerging, a chance to invest some free cash, as the price has fallen approximately -96% from its all-time high. Moreover, it's following two bullish patterns: the Falling Wedge and Bullish RSI Divergence.
These three factors could drive the price significantly higher, and the resistance levels validate this potential.
🎯 Nearest Resistances: 0.72 - 0.77 - 0.92 - 1.21 - 1.48
🛡️ I believe a stop loss below 0.57 could be a wise choice. However, don't be surprised if the price dips further into the 0.50 to 0.35 zone, which appears to be quite significant. Keep a close eye on it if we go below the 0.57 stop loss.
Stay tuned for more updates on this opportunity!
These three factors could drive the price significantly higher, and the resistance levels validate this potential.
🎯 Nearest Resistances: 0.72 - 0.77 - 0.92 - 1.21 - 1.48
🛡️ I believe a stop loss below 0.57 could be a wise choice. However, don't be surprised if the price dips further into the 0.50 to 0.35 zone, which appears to be quite significant. Keep a close eye on it if we go below the 0.57 stop loss.
Stay tuned for more updates on this opportunity!
Note
Seems like a breakout on weekly timeframe!Note
THETAUSDT surged up to 0.85, +34% profits realized for target 1 and target 2, quite solid gains!Transaction en cours
LFG to $2.0
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.