Hello everyone!
There is a possible double bottom pattern being formed on THETAUSD.
The token is testing an important resistance level at 2.02, so far the resistance stays strong.
The importance of this level is shown on the chart static resistance and the dynamic resistance which once was a support.
For that being said, I highly recommend to long above 2.05 or 2.06, or wait for the retest of 1.89 and go long.
There is a possible double bottom pattern being formed on THETAUSD.
The token is testing an important resistance level at 2.02, so far the resistance stays strong.
The importance of this level is shown on the chart static resistance and the dynamic resistance which once was a support.
For that being said, I highly recommend to long above 2.05 or 2.06, or wait for the retest of 1.89 and go long.
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