Theta has been tracking up this trend line since Feb 28th. It got a little overvalued, traded sideways for a bit and now we're back at the trend line.
With lower highs and higher lows, I'm expecting to see this thing keep climbing up the trend line and when it breaks through that resistance zone, it's going to make a run.
I'm putting a small profit taking target at $17 and then letting the rest ride for a while.
With lower highs and higher lows, I'm expecting to see this thing keep climbing up the trend line and when it breaks through that resistance zone, it's going to make a run.
I'm putting a small profit taking target at $17 and then letting the rest ride for a while.
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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.