At the 1H, 3H and 12H timeframe chart we can see a nice unfinished cup&handle formation. Taking into account previous gradual rise and volume decline we will see a handle formation soon. Indicators show a subsequent sharp rise afterwards
Trade closed: target reached
Right from the level we suggested «Handle» was formed and THETA’s price reached our 3rd target. Profit: 13.2%
Duration: 4 Days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.