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



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Hey friends this is a op Val and welcome to the new update on Thea on a 7 Days time frame chart Thea has broken out a quite longterm down Channel you can see that since after the month of March 2021 it was moving inside this Channel and

From the month of May 2022 it found another uh downtrend line support and this support was the reason that was not letting the price line to test the support of the channel after the month of May 2022 and since then you can see that the price and was getting squeezed

Between the resistance of this Channel and this downtrend L support and after testing this quite long-term support here at 58 cents that has been previously breaking as resistance here and resistance here and support here with several weeks again it worked as a pretty nice support and finally the

Price L geared up and broke out the resistance of this Channel and we had a nice short value but the price line got rejected by this long-term resistance of $130 and at the same time you can see that Theta has also broken out this quite big and huge resistance of ich

Moku bearish Cloud as well you can see that first we broke out got rejected by the resistance of $130 retested the previous bearish Cloud as a support and now it is geared up and I’m expecting that this time it can again uh break this resistance of $130 and in today’s video we will

Analyze this move but before starting this analysis if you’re not subscribed to my channel then do subscribe it and for more Trading you can also join me and support me as a YouTube member or as a patreon member because there I’m sharing different trading signals for you and you can find

A link to join me there in the video description I’ve shared let’s start analysis and first of all let me begin with my most recent trade signal for Thea that I shared by the way in the month of December on 8th of December uh 2023 with my members and that was a

Harmonic bullish reversal shark pattern that seta formed on a 4-Hour time frame chart with US dollar pair and this was the complete trade setup this was the buying range and the sell Targets on and the stop loss now if I play this chart and you can see that the price has

Started a very nice reversal from this buying on and ried to the sell Targets on and this was almost 40% pump on this 4our time frame chart and if you would like to cast each 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 S Trading signal for you on the daily basis and I’ve already shared the links to join me there in the video description you can find now let me to take you to the live chart of theta and

This is the weekly time frame chart and you can see that for the past several months it was moving inside this quite longterm down Channel and this was a multi-year space resistance of this Channel and finally we broke it out and so far uh from this

Low to this high you can see that it has ped almost 143% and also has broken out this quite long-term resistance of ich bearish Cloud as well you can see that recently we have again retested the previous resistance of the cloud as a support and geared up and previously you

Can see that when we broke out the ichimoku cloud uh by the way we broke it out here in the month of April 2020 uh we had a very very powerful rally that was by the way from this low to this High uh almost uh here more than 35 35,000 per rally

And I’m expecting that this time again after breaking out this huge Cloud resistance it can start a very massive rally for the longterm you can see that the cloud is also flipped into a bullish from bearish and we have also received this bull Cross by stochastic oscillator that is also suggesting for the

Continuation of this bullish momentum now if we take a look at the F Target for this huge breakout from this big down channel that technical Target is here at the top of the channel That can be between $16 to $20 so this was the update so far I hope that you’ve 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 the link to join me

There in the videoos description after shared take care goodbye

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