Thoughts on THETA are this:
- Swing failure double top weakness led to this correction (and H&S pattern at the top)
- Currently fighting to maintain current local s/r level
- 618 fib below is next area of interest if current s/r is lost
- want to see a sweep of the local leg's low then swift reaction/buy-back
Time will tell if the market allows this trade, BTC dependent etc
V
- Swing failure double top weakness led to this correction (and H&S pattern at the top)
- Currently fighting to maintain current local s/r level
- 618 fib below is next area of interest if current s/r is lost
- want to see a sweep of the local leg's low then swift reaction/buy-back
Time will tell if the market allows this trade, BTC dependent etc
V
Vatsik