Sparkster

Theta Hit Our Downside Target of 20% — Now What? :)

Long
BINANCE:THETAUSD   Theta Token
Recently we projected a 20% drop for Theta... and we nailed it.

Check out the replay at...


The 20% drop for Theta was not negative at all. It establishes the previous resistance as a strong support, providing a launch platform for Theta's price appreciation in the weeks ahead.

Due to the negative MACD momentum it may take a few candles for Theta's price to turn back up, but traders will certainly be looking for entry points.

Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.

Disclaimer

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.