THETA Crypto Coin Price Prediction 2024 | Finally It Is Happening!

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Hey friends this is a op your Val and welcome to the new update on Theta on a weekly time frame chart Thea has broken out a very very huge resistance of ich moku bearish Cloud you can see that for the past several months and even years

It was breaking as a very very strong and long-term resistance and recently the price L has broken it out and after the breakout the price line has retested the previous resistance of the cloud as a support and geared up and in today’s video we will analyze this move and I

Would also like to show you this huge breakout from this big break down Channel as well you can see that for the past several months it was moving inside this channel also from this falling wedge pattern as well and after getting squeezed inside this badge price L has

Finally proo broken out the resistance of this badge and the resistance of the channel as well but before starting this nowal say if you’re not subscribed to my channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube member

For as a patreon member because there I’m sharing different trading signals for you and you can find the link to join me there in the videos description I’ve shared let’s start analysis and first of all let me to begin with my most recent trade signal for Zeta that I

Shared on 8th of December 2023 with my members and that was a harmonic bullish reversal shark pattern that seta formed on a 4our time frame chart with US dollar pair and this was the complete trade setup this was the buying range and the sell targets Z and this was the

Stop loss and now if I play this chart then you can see that the price and started a very nice reversal from this buying Zone and read the sell Target on here and then we had a bigger pump and this was almost 40% pump only

On this 4H hour time frame chart and if you would like to catch such other pumps before they happen then you can also join me and support me as a YouTube member or as a patreon member because there I’m sharing such trading signal for you on the daily basis and I’ve

Already shared the link to join me there in the videos description you can find now let me to take you uh to the live chart of theta and this is the 7 Days time frame chart and you can see that for the past several month or years it was moving

Inside this quite longterm down Channel and while moving inside this channel you can see that we also broke down this very nice and long-term support of ich moku bullish cloud and after this breakdown you can see it was flipped into a bearish cloud and a very strong

Resistance as well and you can see that for the past several months it was working at a resistance and after breaking out this long-term down Channel and a falling wedge pattern as well by the way we found the support of the wedge here in the month of June 2022 and

Since stand the price and was not testing the support of the channel it was moving between the resistance and support of this falling wedge pattern the resistance of the falling wge pattern was the same which is also working the resistance of the channel as well and finally after getting squeezed

And testing this quite long-term support of 58 C the price line has broken out the resistance of this Channel and this falling wedge pattern and after the breakout imminently it has also broken out this quite long-term resistance of ichoku bearish cloud as well and you can see that after after the breakout the

Price and has successfully retested the previous resistance of the cloud as a support and now it is geared up and now there is a very high probability that for a long term This Cloud will work as a very nice support you can see that uh it is flipped into a bullish Cloud again

Uh here and the bullish Cloud works as a very very strong support uh for the long term especially on this 7 Days time frame chart now if we take a look at the Target the technical Target for this huge Breakout from this big and long-term down channel that Target is

Here at the top of the channel That is between $16 to $20 so this was the update so far I hope that youve likeed the analysis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join

Me and support me as a YouTube member or as a patreon member because there I’m sharing different trading signal for you and you can find a link to join me there in the videos description I’ve shared take care goodbye