#THETA / USDT: I've been tracking this pair for a while. Now, there's a new opportunity emerging, a chance to invest some free cash, as the price has fallen approximately -96% from its all-time high. Moreover, it's following two bullish patterns: the Falling Wedge and Bullish RSI Divergence.
These three factors could drive the price significantly higher, and the resistance levels validate this potential.
🛡️ I believe a stop loss below 0.57 could be a wise choice. However, don't be surprised if the price dips further into the 0.50 to 0.35 zone, which appears to be quite significant. Keep a close eye on it if we go below the 0.57 stop loss.
Stay tuned for more updates on this opportunity!
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Seems like a breakout on weekly timeframe!
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THETAUSDT surged up to 0.85, +34% profits realized for target 1 and target 2, quite solid gains!