On this analysis, I would like to share my opinion on Theta Coin.
I'm not a fundamental guy, mostly my analysis is coming from the chart, and what I found on the chart is quiet surprising.
First of all, a Descending Broadening Wedge Pattern is forming in the Daily Timeframe, this pattern shows a bullish indication after the Breakout on the Resistance.
But, I also saw a Rising Wedge Pattern forming that give us a sign for a further correction before we can see the Bullish continuation comes back on.
Disclaimer: This content is not a Financial Advise.
I'm not a fundamental guy, mostly my analysis is coming from the chart, and what I found on the chart is quiet surprising.
First of all, a Descending Broadening Wedge Pattern is forming in the Daily Timeframe, this pattern shows a bullish indication after the Breakout on the Resistance.
But, I also saw a Rising Wedge Pattern forming that give us a sign for a further correction before we can see the Bullish continuation comes back on.
Disclaimer: This content is not a Financial Advise.