Theta Token / Bitcoin
Updated

Is Theta ready for another breakout?

114
Theta is currently following a downward, narrowing channel. If BTC can hold it's current position, there is potential for a nice breakout of Theta soon.
Trade active
This may be the start of the breakout.
snapshot
Trade active
Broke through the 3300 resistance
snapshot
Trade active
Still looking good
snapshot
Trade active
So far, Theta has seen a 9.5% increase since breaking out of the descending wedge.
snapshot
Trade closed manually
I Closed this trade at .00003640. Theta didn't have the momentum to reach much higher.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.