THETA is that coin that's respecting EW channeling a lot. It's every macro move is in a channel.
We have confluence in the horizontal support are and the falling channel. You have two scenarios:
1. Wait for the drop to the support at $0,7
2. Wait for the breakout of the channel
All depends on your risk tactic.
We have confluence in the horizontal support are and the falling channel. You have two scenarios:
1. Wait for the drop to the support at $0,7
2. Wait for the breakout of the channel
All depends on your risk tactic.