FieryTrading

THETA/USDT Triangle: Price Action on the Horizon

Short
BINANCE:THETAUSDT   Theta Token / TetherUS
THETA/USDT is inside perfect triangle. Officially speaking, it's a bearish triangle since the support is holding and the highs are getting lower every time the upper resistance is hit. Although that's the case, I'm not sure we will see a strong decline in the Alts anytime soon, especially with the volume and interest that Bitcoin is generating.

My advice would be to either ride the waves inside the triangle, or to wait for a strong break of the triangle on either the upside or the downside. Patience is key!

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