Hi Folks,
THETA TOKEN a nice NFT.
There are is some divergence. I tell you why.
When you look at a daily chart you see a Bullish Engulfing pattern. That is Nice.
When you look at the 4 hour chart you see a Bearish Engulfing pattern.
When you look at the 2 hour chart you see a confirmed spinning top at a high price area.
The price of $4.21.- it acts on now is 2nd support line. If it breaks beneath it will fall back around $4.- if that doesn't sustain we fall back to $3.5.-/$3.65.-
But if the support holds and prices move up we will test resistance around $4.5.-/$4.6.-
Have a good one.
Like for more to come, follow for more.
Twitter; @MoneyMakingMuro
THETA TOKEN a nice NFT.
There are is some divergence. I tell you why.
When you look at a daily chart you see a Bullish Engulfing pattern. That is Nice.
When you look at the 4 hour chart you see a Bearish Engulfing pattern.
When you look at the 2 hour chart you see a confirmed spinning top at a high price area.
The price of $4.21.- it acts on now is 2nd support line. If it breaks beneath it will fall back around $4.- if that doesn't sustain we fall back to $3.5.-/$3.65.-
But if the support holds and prices move up we will test resistance around $4.5.-/$4.6.-
Have a good one.
Like for more to come, follow for more.
Twitter; @MoneyMakingMuro