Accumulation after a huge move + VWAP+ Volume profile
Huge breakout from a long 'time' base and then re-accumulation to digest the gains and shake out the weak hands (I was one lol).
Then media attention dries out, finds support and asset continues its next leg up. Saw these in growth stocks last year and now we might see these in crypto land. Check
Edge compute use cases(ML/AI) that's coming up in Q3 2021 is the most exciting. Remember
App for ledger + NFT marketplace + New network support
The market cap is already $12bn. That said, Theta has maxed out its supply and will have no dilution effect on price (like
Likes of
Blue-chip Crypto. Keep this in your shopping list for crypto winter
Entry: Now or under $11.5
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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.