IS THETA a forward indicator for the rest of the market??

this is just an idea. don't take it to heart. just a thought.


THETA has had an absolutely phenomenal run so far.
from bottom to the top basically did a 150X.

very impressive.
However, I do believe that it's done. Its completed its run up. for now at least.


I count 5 major waves, and if you actually look inside each of the waves, you can actually count out another 5 waves. the 2W chart don't show the individual waves as clearly, but if you look at the weekly you can count 5 smaller waves within each of them.

and the waves are valid because the 3rd wave isn't the shortest, theres a 1.1 ratio of the 3rd wave vs the 1st wave so this count is valid.

Additionally, rising wedge on 2W RSI.

I dunno bout you boys, i reckon this is done.

1st major support round:
- $3 range. ranges are pretty broad coz they're weekly OBs.

then
- $2 range

then
$0.70
$0.40
$0.26

this is crypto after all, tbh, I wouldn't be surprised to see $0.70 again, but then again. wth do i know.
im just a joker boys.


Maybe this is a sign of what is to come to crypto? we'll see, i'll be watching this thing though

تعليق:

lmao. this didn't age well.