Theta is on support of the Gann 8x1 Fib Ray - Current top is the 5th Arc but Theta has already outrun one of my charts and is parabolic - Resistance on the Arcs on the way up - If the arc stops the price it will drop to the previous arc for support and try and catch ascending support off the next fib ray across
Note
The candle has opened on support of the 4th arc pair - If support holds it is likely that the candles will track sideways to find ascending support from one of the fib rays Note
Total breakdown at the 4th arc pair - When the price finally finds support i will update Note
Theta caught support around the 2nd arc pair after hitting the Gann 3x1 fib ray Note
Theta has support on the 2nd arc pair - it has done well to puosh back thru using ascending support off the Gann 3x1 fib ray - Resistance against the Gann 4x1 fib which is currently acting as the top of the channel Note
The 3x1 is still providing support - Possibities if it holds or breaks is shown in the arrows Note
Still life in Theta it seems Note
Theta is definitely heading for the next arc around 0.0000347 - It may rebound there or it may push thru - We will see <><> Note
sMaShEd it - Resistance on the arcs Note
Theta is really struggling with this price - If it cant break thru 0.00003483 we'll see some more downside Note
Theta has consolidated nicely without losing too much price - The candles are moving towards the ascending support of the Gann 1x1 fib ray - Volume is still pretty good, 3800 Btc, its possible we could see a raise in the price when the candles hit the 1x1 Note
I'm quite liking the look of Theta here across these 2 charts - we can see on the bear set up chart on the right that theta has held good support and has broken a downtrend and is now moving towards rejoining the uptrend - Nothings ever 100% sure in cryptos, but this has promise Note
1x1 support failed totally - Possible bounce zones in yellow Note
Theta seems to like the fib rays on this chart and has hit the 8x1 - This is normally the major uptrend on a Gann chart making Theta a buy - However market conditions are extremely uncertain today and any trade entered carries a greater risk of being stopped out - Good luck *) Note
looks like the bottom for Theta 
Related publications
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.
Related publications
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.