Keeping the target projection at THETAUSDT 4H - Price optimism
Technical analysis regarding the price of THETA NETWORK in relation of dollar Tether for the next scenarios, based on 4 hour movement.
The price formed its impulsive and corrective waves and did not seek the previously projected target. However, I keep the projections intact, as the price formed an accumulation on this 4H chart and could possibly break through this region of resistance that was formed to seek the projections. The price has been moving upwards, and this cryptography has always appreciated over time, so I believe that it will seek more accentuated tops and funds as it goes on!
RSI cooling and below 50, and price forming bottom / rising tops.
The price has already broken through the Exponential Moving Average of 34 and 89 periods. I believe you can search for the support region you formed (before the stop) and go back up!
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
The price formed its impulsive and corrective waves and did not seek the previously projected target. However, I keep the projections intact, as the price formed an accumulation on this 4H chart and could possibly break through this region of resistance that was formed to seek the projections. The price has been moving upwards, and this cryptography has always appreciated over time, so I believe that it will seek more accentuated tops and funds as it goes on!
RSI cooling and below 50, and price forming bottom / rising tops.
The price has already broken through the Exponential Moving Average of 34 and 89 periods. I believe you can search for the support region you formed (before the stop) and go back up!
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
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