In last post about THETA it went down after hit TP2 and retest the support .
There is a potential H&S pattern in the chart.
If it can break out the downtrend and we setup the new plan
SL:5.915
TP1:7.013
If it break out the neckline and H&S will be confirmation .
We can hold and wait for next targets below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Note
It could't break out the short term downtrend and went down again.
If it can breakout in the future and we modify the SL to be 5.700
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Bybit Sign up: reurl.cc/5qRreq
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
Telegram 聊天群
t.me/cryptorextalk
Discord:
discord.gg/E5ffrbK9j7
過去的技術分析影片 Youtube channel
reurl.cc/vDrADA
Related publications
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.