Theta looks like it might complete a Cup and Handle. If so it is near the bottom of the handle now. Could buy around 3300 with a stop around 3270 and be relatively safe.
Note
The cup and handle pattern was broken, but THETA seems to be holding up fairly well in what looks like a symmetrical triangle. On the shorter TF there appears to be a reversal signal in a bullish Stochastic RSI / MACD divergence.Note
Triangle like this: Note
This forecast failed. It most certainly was not a cup and handle.
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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.