THETA is looking ready to re-test the previous highs and make another leg up
-The price has been forming a pennant over the past ~23 days and the range has been compressing -The 100 EMA has been acting as support -Price is currently retesting the bottom of the pennant and the 100 EMA. The confluence with these two levels of support suggest the price will bounce up from here
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.