Get started
fugasok

Theta rising wedge. Is massive dump next?

Short
Theta Token / Bitcoin (BINANCE:THETABTC)  
fugasok  
BINANCE:THETABTC   Theta Token / Bitcoin
Trend Analysis Chart Patterns THETABTC theta thetausdt THETAUSD THETAETH tfuel
4
2
trendanalysis chartpattern thetabtc theta thetausdt thetausd thetaeth tfuel
After weeks of growth Theta created rising wedge. Usually this pattern breaks down massively.
It can go higher but it's very dangerous to buy/hold at this levels.
StocRSI also cant sustain at this levels. I see stocRSI falling below 20, creating another buying opportunity in coming months.

I think this will play out in 1-2 weeks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.