Macro Bullish Deviation
THETA has been gearing up for a strong reversal ever since the July bottom. Price has faded since then, as strength has picked up ever so slightly. We were stronger at $1.026 in May than we were at the July 21 bottom of $3.53. We are due for a massive reversal, and $1.026 appears to have been the macro low.
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.