Analysis of THETA/USDT – Ultra Tight Compression, Preparing for a Big Explosion?
Chart: D1 Frame | Indicators: Ichimoku, Bollinger Bands, Stochastic RSI, MACD
⸻
1. Overall trend:
THETA is falling into a sideways accumulation state, strongly coiling in the 0.66–0.75 range. This type of pattern often leads to a significant breakout, but the direction is not yet clearly defined.
⸻
2. Signals from Ichimoku:
• Price is below the cloud – the main trend is still down.
• The future Kumo is still red and sloping down, not confirming a reversal.
⸻
1. Overall trend:
THETA is falling into a sideways accumulation state, strongly coiling in the 0.66–0.75 range. This type of pattern often leads to a significant breakout, but the direction is not yet clearly defined.
⸻
2. Signals from Ichimoku:
• Price is below the cloud – the main trend is still down.
• The future Kumo is still red and sloping down, not confirming a reversal.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,668.06
+0.12%