THETA - Correction Before Major Upgrade

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Analysis:

- Fibonacci Retracement
- Support & Resistance
- Order Block Flow Analysis
- Market Structure

Target: $2.01

Opinion:

If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days!

I believe they will make another drop before this news is announced to wash out the paper hands

Once they are done correcting I will be looking for buys and I will do a follow up bullish markup

If you haven't done your research on this coin, I highly recommend you do :)

This is top 3 on my list for sure and I am so glad I am able to buy at discounted prices

Accumulate Accumulate Accumulate

Ghi chú
Looking good so far

We have about 8 days until their big news announcement
Ghi chú
Respect those lines Theta! :)
Ghi chú
News Announcement incoming this week be prepared for some serious price action
Ghi chú
Decision Time

How will Theta react when its news comes out?

As always patience

If my target is hit then wonderful but if not I have no problem purchasing at higher prices

Theta is a long term play for me and I plan on holding these coins for years :)
Ghi chú
Well I was expecting more of a reaction when news came out but lets see how this plays

BTC influences the alts so if BTC retest its low that might drag Theta down

I am confident my target will hit with these last few days of price action but again in due time I will know more
Ghi chú
Down we gooooo

Will my target be reached?

Lets wait and see :)
Ghi chú
We might NOT hit my target BUT I am going to BUY anyways because they are following my strategy

The target was based off a fib projection

Lower is always better like i previously mentioned but what i care more about is direction and following my strategy

Once we break this current line I will be looking for BUYS

Accumulate Accumulate Accumulate
Ghi chú
I am going to start accumulating the next few days...

Theta is going to have a RUN and I will follow up with another chart soon

I called the TOP of THETA few months back and now I am calling the bottom :)

you can in fact catch tops and bottoms consistently despite what they tell you

Its how I make my living ;)
Ghi chú
I will be looking for buying opportunities over the next few days

BTC has started a bull run so theta will rise without a doubt

I will do a new markup and link it to this one

THETA when moon?
Ghi chú
Love when price respects my lines

Theyre almost like magnets :)
Ghi chú
Uh oh will my target still hit?!?!?

Sometimes I do move on a little too fast from my markups

I will be honest I wasn't sure if they would turn it back around so lets see

Either way I know the overall market is bullish and on a bull run so once I have more clarity I will do a follow up markup

In the meantime IF my target is hit wonderful

IF not then thats okay as well

So far I cant complain as Theta has respected my maze :)
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