THETAUSDT has been trading under rectangle for three months. The price has reached to the resistance level of 1.5$ where price can face little hurdle. A break above the range will give hefty return.
Tell us what do you think of the idea
Warning: our thoughts are ours; not financial advice.
Our short-term target for Theta is price heading to $5.5 before a cool off or a possible breakout of the trend to the upside.
THETA is in a massive 30% channel that seems to have held the price between its levels for some time now. Breaking out of this range will indicate where we are headed next.
On the larger timeframe, THETA is in a massive ascending channel that still has one more leg up in my opinion, but before that we need to correct or cooldown a bit more after this last...
