THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for THETAUSDT
Here we see R1 that used to be support line and S1 used to be a resistance line and also S2 is our support line at the bottom. Presently, the price is fluctuating below R1 and we believe a decline is waiting for it after it reached R1. In case the price is able to rise again when it falls to S1, the right shoulder of our pattern is formed. It may happen that the price has more decline by reaching S1. Bear in mind that it is better to consider the confirmation candles and then make sure what you are doing in your trade orders.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck