Get started
brettfb

THETA Possible Cup & Handle

Theta Token / Bitcoin (BINANCE:THETABTC)  
brettfb Updated   
BINANCE:THETABTC   Theta Token / Bitcoin
Cup And Handle
5
2
cupandhandle
Theta looks like it might complete a Cup and Handle. If so it is near the bottom of the handle now. Could buy around 3300 with a stop around 3270 and be relatively safe.
Comment:
The cup and handle pattern was broken, but THETA seems to be holding up fairly well in what looks like a symmetrical triangle. On the shorter TF there appears to be a reversal signal in a bullish Stochastic RSI / MACD divergence.

snapshot
Comment:
Triangle like this:
snapshot
Comment:
This forecast failed. It most certainly was not a cup and handle.
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.