THETAUSDT 4H

Projecting a trend-based Fibo retracement we have a resistance at $1,303 which is confirmed with MM200 and then $1,378. We are in an overbought region and can visit the $1,048 level, making a triple bottom (We made a double double bottom on July 13, 2022 and September 7, 2022.) before going for the respective resistances. if the LTB (downtrend line).
THETA is undervalued, out of its fair price. Theta is a native blockchain with an open source protocol, which means it allows developers and partners to build decentralized applications on the network, like Ethereum does.
It is a decentralized peer-to-peer video delivery network powered by blockchain technology that enables free delivery of high-bandwidth content. As users watch videos, some of their computing power is leveraged to relay those videos to other users, with top users earning tokens as a reward.

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Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.

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