THETA's Future bullish Movement Explained.

By CobraVanguard
Hi every one
THETA TOKEN / TETHERUS

we Want To Review Theta To See what is going To happen to it. The Resistance & Support zones are Shown in The Picture. If we consider The Support & Resistance , and make a Parallel Channel out of It, we can Understand That The Price is at the bottom of The Channel & Is ready to ascend Further because There are Regular Bullish Divergence (+RD) On Both MACD & RSI so we can Expect a Good Bullish Movement From Here. another Thing is That if This Expected Bullish Movement Happens, We can See Formation of a Double bottom Pattern is More Likely to happen, which Double Bottom Pattern will also Help The Bullish Situation to Reach the Top of The Parallel Channel.

This is only an idea and not a financial advise ( NFA )🔴

💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Thank you for seeing idea .
Have a nice day and Good luck
Chart PatternsDouble BottomTechnical IndicatorsthetaTHETAUSDthetausdtTrend AnalysisWedge
CobraVanguard
✅My signals On Telegram:
t.me/CobraVanguard
✨Join my trading platform and start trading there!
bingx.com/invite/T66GYB/
✅KYC-Free Crypto Exchange, Signup for 20% Fees Off and $45,145 Rewards.
partner.zoomex.com/aff/ZX902593

Related publications

Disclaimer