🔍 Recent Price Movement:
THETA faced rejection at $1.45 three weeks ago and has been retracing since.
🎯 Current Resistance Zone:
Now within the $1.15 - $1.20 resistance area.
🔄 Potential Scenarios:
If rejected, further downside could test the next support at $0.975 - $1.026 or even $0.85 - $0.90.
📈 Trade Consideration:
Considering a long trade on THETA amid the potential for cash to shift from BTC into alts.
📅 Timing Around BTC Spot ETF:
Anticipating cash movement from BTC to alts following this week's BTC spot ETF announcement.
📣 Conclusion:
THETA's current position within the resistance area requires careful consideration.
Potential rejections may lead to testing lower support levels.
Trade decision may be influenced by broader market dynamics post BTC spot ETF news.
📰💹 #THETAAnalysis #CryptoTrading #MarketWatch 🌐📊
THETA faced rejection at $1.45 three weeks ago and has been retracing since.
🎯 Current Resistance Zone:
Now within the $1.15 - $1.20 resistance area.
🔄 Potential Scenarios:
If rejected, further downside could test the next support at $0.975 - $1.026 or even $0.85 - $0.90.
📈 Trade Consideration:
Considering a long trade on THETA amid the potential for cash to shift from BTC into alts.
📅 Timing Around BTC Spot ETF:
Anticipating cash movement from BTC to alts following this week's BTC spot ETF announcement.
📣 Conclusion:
THETA's current position within the resistance area requires careful consideration.
Potential rejections may lead to testing lower support levels.
Trade decision may be influenced by broader market dynamics post BTC spot ETF news.
📰💹 #THETAAnalysis #CryptoTrading #MarketWatch 🌐📊
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。