Theta Hit Our Downside Target of 20% — Now What? :)
Recently we projected a 20% drop for Theta... and we nailed it.
Check out the replay at...
The 20% drop for Theta was not negative at all. It establishes the previous resistance as a strong support, providing a launch platform for Theta's price appreciation in the weeks ahead.
Due to the negative MACD momentum it may take a few candles for Theta's price to turn back up, but traders will certainly be looking for entry points.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Check out the replay at...
The 20% drop for Theta was not negative at all. It establishes the previous resistance as a strong support, providing a launch platform for Theta's price appreciation in the weeks ahead.
Due to the negative MACD momentum it may take a few candles for Theta's price to turn back up, but traders will certainly be looking for entry points.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
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