Theta has been on an excellent run. Jumping from $3.90 to an ATH of $15. Theta now pushing back up to test resistance at $13.78 mark. This could represent a potential Double Top OR it may gain momentum and push to the 27% fib extension marked. Daily looks ready to go, however watching the 240 for signs of bearish divergence or reversal patterns.
Waiting on the sidelines for now to see what opportunity presents itself.
New and learning so welcome to discuss as this plays out.
You see a possible double top, but I don't see that. I see a cup with a handle forming. You should consider evaluating the chart again and you'll see what I mean. This is not even close to a double top