the price formed an inverse butterfly pattern (or cypher pattern)on 4h chart and we can expect some upside if we fix above the ichimoku cloud
theta is quite a good project which I honestly personally enjoy and like im invested in it, but this could be a good swing trade expecting at least a 7% let me know what you think about this idea I'm entering the trade if a 4h candle closes above the ichi cloud, just to let you know i want to be transparent so let this be a loss if I'm wrong!
let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
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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.