This morning, THETA has finally managed to break out of the triangle where it has been residing for more than a month. THETA was one of the early winners of the latest crypto boom, that's why it has been consolidating during January when other crypto's have been mooning all month.
With today's break out, I see some nice returns coming to THETA in the near future.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on the round numbers $3 and $4. Do your own due diligence.
Happy trading!