Momentum is building with this Falling Wedge. See the live chart action.
Reversal pattern. Price likely to break upwards.
Expanding volatility. Sign of instability.
Reversal pattern after a downtrend.
Traders are watching Theta Network (THETA) as price action tightens. Price has moved to $0.15 (2.14%) amidst recent volatility. Algorithmically, a Double Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $0.2, targeting $0.26 with support near $0.17 (R:R 2.0).
What is your outlook on THETA?