THETA's goose is about to be cooked in tandem with Bitcoin retracing back to AT LEAST 20K area. Could THETA have one last surge? - yes of course, but with Bitcoin cliff-walking and Ethereum going parabolic it looks like this chapter of the show will be over soon enough. THETA has been a big hitter but what goes up must come down and price is looking corrective. Target for entry is currently sub $1.
Note
THETA may have formed a wave 2 in a first impulsive move down. If it holds then first target for a wave 3 is $3.4 area.Price may well climb higher than $12.2. If it does I'll re-adjust wave 2. Invalidation is $15.9.
Its quite funny to see the emotion of negative commenters. Clearly they are not looking at the chart with any interest because if they were they would notice the significance of a sudden 55% collapse down to $7.2. But of course they don't need to look at charts because "fundamentals" and whatever else are going to take them to Mars.
Apparently crypto-investor1999 is going to pay me $10K if my target is hit. You are welcome.
Note
THETA is looking weak. Maybe 45000% is Moon and Mars already.Note
Top is in. THETA is about to get CRUSHEDNote
Nearly there 😄Note
This was a perfect call, could be going lower from here...Your FA guru can't read a chart💭
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.