Theta has been on a tear for the past while. But how strong is the momentum, will it continue, and how does it stack up against BTC?
Despite relatively low volume, THETABTC has skyrocketed 75% this month.
There is a concern that low volume could indicate a pullback, however overall this is clearly a strong move and paints a good picture for Theta to maintain its bull trend longer term.
Theta has exceeded its previous highs which means its in 'price discovery mode' and we're only at the very beginning of the expected 2020/21 bull run, which means Theta could be a very strong performer.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Despite relatively low volume, THETABTC has skyrocketed 75% this month.
There is a concern that low volume could indicate a pullback, however overall this is clearly a strong move and paints a good picture for Theta to maintain its bull trend longer term.
Theta has exceeded its previous highs which means its in 'price discovery mode' and we're only at the very beginning of the expected 2020/21 bull run, which means Theta could be a very strong performer.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
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