Theta is currently following a downward, narrowing channel. If BTC can hold it's current position, there is potential for a nice breakout of Theta soon.
Trade active
This may be the start of the breakout.Trade active
Broke through the 3300 resistanceTrade active
Still looking goodTrade active
So far, Theta has seen a 9.5% increase since breaking out of the descending wedge.Trade closed manually
I Closed this trade at .00003640. Theta didn't have the momentum to reach much higher.
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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.