THETA 1W
Updated
THETA is close at the $3.5 resistance . I would wait for the weekly closing before taking any other decision about the short term ( next couple of weeks ) for this coin .
Additionally I believe that we could see a retracement before making another attempt to break through the resistance at $3.5 . If we successfully break the resistance the other level I will be watching is around $4.5 , above that we could be ranging between $5 and $9 as we previously did from 17 of May 2021 until 29 of November 2021 .
Additionally I believe that we could see a retracement before making another attempt to break through the resistance at $3.5 . If we successfully break the resistance the other level I will be watching is around $4.5 , above that we could be ranging between $5 and $9 as we previously did from 17 of May 2021 until 29 of November 2021 .
Comment
For THETA I believe a good position would be entering around $3.40 for a small swing trade , if we retrace . But let’s be patience BTC went parabolic and usually there is a retracement .
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.