Hello,
Within the range we entered on May 12, as I have shown on the figure, the regions with the blue arrows worked as support and the regions with the red arrows as resistance.
The $1.17 - $1.41 range is very clear and it seems like the price has managed to stay within this range after yesterday's Fed meeting.
In the short-medium term, I think Theta/Usdt will reach the target of $1.41.
The second possible target is $1.60.
Hope you like it,
Melvin
Within the range we entered on May 12, as I have shown on the figure, the regions with the blue arrows worked as support and the regions with the red arrows as resistance.
The $1.17 - $1.41 range is very clear and it seems like the price has managed to stay within this range after yesterday's Fed meeting.
In the short-medium term, I think Theta/Usdt will reach the target of $1.41.
The second possible target is $1.60.
Hope you like it,
Melvin
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.
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.