THETAUSDT (Theta Token) is retracing within an ascending channel... I can make up a few scenarios from the looks of this chart.
We can see further retrace for THETAUSDT until it hits the lower end of the green channel (green arrows) just to bounce up and resume its uptrend.
If the channel is broken, we would see lower support levels tested (red arrow) before prices try again and resume the up move.
This is a quick analysis by request.
Thanks a lot for reading.
Namaste.
We can see further retrace for THETAUSDT until it hits the lower end of the green channel (green arrows) just to bounce up and resume its uptrend.
If the channel is broken, we would see lower support levels tested (red arrow) before prices try again and resume the up move.
This is a quick analysis by request.
Thanks a lot for reading.
Namaste.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.