Here we have Theta Token on the weekly timeframe... THETABTC Has more to give.
We can see THETABTC breaking above EMA50 weekly and printing over 555% of growth...
After peaking, we have 8 consecutive red candles, a massive correction and the drop stops at EMA50 once more.
We have EMA50 tested as support.
Now we have 4 consecutive green candles, signaling "bullish consolidation", with prices now trading above EMA21 and EMA10.
This whole setup can lead to massive growth...
We stay 100% bullish above EMA50, but we switch back to bearish/adapt, if THETABTC moves and close below this line.
This is not financial advice.
Thanks a lot for reading.
Your support is truly appreciated.
Namaste.