THETA Token Approaching Reversal Point.#THETA / USDT: I've been tracking this pair for a while. Now, there's a new opportunity emerging, a chance to invest some free cash, as the price has fallen approximately -96% from its all-time high. Moreover, it's following two bullish patterns: the Falling Wedge and Bullish RSI Divergence.
These three factors could drive the price significantly higher, and the resistance levels validate this potential.
๐ฏ Nearest Resistances: 0.72 - 0.77 - 0.92 - 1.21 - 1.48
๐ก๏ธ I believe a stop loss below 0.57 could be a wise choice. However, don't be surprised if the price dips further into the 0.50 to 0.35 zone, which appears to be quite significant. Keep a close eye on it if we go below the 0.57 stop loss.
Stay tuned for more updates on this opportunity!