Long Term Chart for Theta looks amazing. It was a fantastic performer last cycle and appears to have found a bottom and has now formed an inverse head and shoulders.
We also just had a nice bounce from key long term support level and now sitting above all the EMA's. Expecting a nice fat pump if bitcoin holds weekly support and doesn't ruin the party.
Not financial advice.
We also just had a nice bounce from key long term support level and now sitting above all the EMA's. Expecting a nice fat pump if bitcoin holds weekly support and doesn't ruin the party.
Not financial advice.
Comment:
Starting to form a reversal structure on the hourly chart. Going to look to add to my position upon some further confirmations like another local higher high being formed .
Trade active:
Has been ugly but still holding my initial position on this one, Weekly support has not been broken yet, gameplan to buy deep around $2.50 mark if we have one more shakeout and wick down there.