THETA/USDT Pennant Break-Out
THETA/USDT managed to push down towards the $1.50 level a couple of days ago. After a sharp rebound in the price of Bitcoin, THETA is on its way to recover some lost ground.
Momentarily, THETA broke-out of the pennant on the upside and manageed to beat the $2 resistance, signaling a new upward move.
I've marked two areas of resistance, R1 and R2, where I expect bearish pressure to occur. If Bitcoin remains bullish for another day or three, we might see a new ATH on THETA with some luck!
Happy trading!
Momentarily, THETA broke-out of the pennant on the upside and manageed to beat the $2 resistance, signaling a new upward move.
I've marked two areas of resistance, R1 and R2, where I expect bearish pressure to occur. If Bitcoin remains bullish for another day or three, we might see a new ATH on THETA with some luck!
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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