THETA/USDT Break Alert! it required bounce to continue movement

1 nov 2023

💎 THETA has certainly captured the market's attention. At present, THETA has impressively surged past the supply zone, marked by a robust green candle accompanied by significant volume. However, upon encountering the major supply area, THETA faced a notable rejection.

💎 This suggests that THETA might be gearing up for a retest at the demand zone, which previously served as a supply area. There's a likelihood that THETA could either bounce from this point or swiftly resume its upward trajectory, Probability aiming for our designated major supply target.

💎 On the downside, if THETA struggles to uphold the demand zone and dips below, it could indicate a false breakout, pushing THETA back into its previous accumulation or consolidation phase. This would spell a bearish trend for THETA, with potential moves towards its primary support levels.

17 nov 2023

Trade chiuso: obiettivo raggiunto

Just like clockwork, #THETA is tracing our forecast, hitting that sweet 57.93% growth mark.