. ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price...
THETA looks like its completed a large degree 1 and a 2 that has retraced 0.618.
from here i'm expecting a wave 3 that will have a minimum length of wave ones 420%, and probably more.
I've also place a conservative target at all time high just in the interest of caution.
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