This Move Of Theta Coin Will Lead You To A Real Financial Freedom | Theta Price Prediction 2023
Theta Analysis Update
In this video, Atif provides an update on Theta's price movement and analyzes its long-term down channel. He also shares his recent trade signal for Theta.
Recent Trade Signal for Theta
- Atif shared a harmonic bullish versus bad move that Theta formed with US dollar pair on a four-hour time frame chart.
- He advised waiting for the price line to drop more down and enter the buying zone before expecting the next vice versa from there.
- The Priceline dropped more down, completed the leg, and had a nice pump beyond the sell targets.
Long-Term Down Channel Analysis
- Theta is moving inside a very long-term down channel since April 2021.
- On the daily time frame chart, we have broken out of both the resistance of this down channel and descending triangle pattern.
- The target for the breakout from the triangle is approximately at $1.16 cents, while that of the down channel is at $1.30 cents.
- If Theta reaches $1.30 cents, it can break out of this long-term resistance of the down channel as well.
Conclusion
- Atif concludes by inviting viewers to like and subscribe to his channel for more trading signals.
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