THETAUSDT huge triangle on daily support zone

17 במאי 2021

After a 400% increase in just 23 days over Feb and March, THETA has created a massive descending triangle during its 2 month consolidation phase. It is getting pretty close to being forced out of the pattern but even if it breaks below (which it might do because of latest market dip), it will fit a strong 1D support zone which should hold. I reckon it's time to stock up again if the price drops another $1!