Theta is retreating! Oppurtunity!
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Theta entrered a consolidation phase and struggling to stay in the ascending channel it been in for almost a week now
if it breaks out of it expect more correction to the down side
big buying oppurtunities at resistance levels based on fibonacci retracement
if it breaks out of it expect more correction to the down side
big buying oppurtunities at resistance levels based on fibonacci retracement
Note
fib levels2,2 (crosses almost with SMA 50, if it fail to support) next supports will be at
2,16
2,06 (also crosses with SMA 100 at approximately 2$)
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