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Chart of the Day – THETA/USDT, 3 DAY CHART
Yesterday was a significant moment for THETA as it confirmed a break out of a 12 month downtrend. In April 2021, THETA hit an all-time high of just under $16, and since then has been on a slow bleed, all the way down to a 12-month low of $2.30 in February this year. That downwards trend has now been broken, with THETA reaching a multi-week high of $3.87. If resistance can be convincly flipped to support, then THETA could be about to begin a run to the upside.
You can find all of Sheldon’s entries, take-profit zones, key support, and resistance areas by signing up to CoinPanel, where over 30 unique charts are regularly updated with all the key levels to watch out for.
