THETA Long Signal | 130% Profit Potential with 6.8 Risk-Rewardβ
Key Trade Levels:
π Entry Point: $2.6
π Stop Loss: $2.1
π― Take Profit: $6
π Analysis and Explanation:
The THETA chart shows a strong Harmonic Gartley pattern, where the price rebounded after touching the 61% retracement level of the XA wave. Additionally, an inverse head and shoulders pattern has formed, and the neckline has been broken decisively. The key resistance at $2.6 is the last barrier. Once this level is broken, a strong upward movement towards the $6 target is highly likely.