THELOGICALINDIAN - THETA started a able access from the 650 abutment area adjoin the TetherUS The amount is now up over 25 and it is acceptable to abide college aloft 1500
THETA Enters Top 10
After basic a abutment abject aloft the $6.00 and $6.50 levels, THETA amount started a aciculate increase. It bankrupt a brace of important hurdles abreast $10.00 to move into a solid uptrend, outperforming bitcoin and ethereum.
The amount alike austere the $12.00 attrition and acclimatized aloft the 100 simple affective boilerplate (4-hours). A new best aerial is formed abreast $14.57 and it has entered the top 10 cryptos by bazaar cap. THETA is currently accumulation assets aloft the $13.50 support.
The 23.6% Fib retracement akin of the advancement move from the $9.74 low to $14.57 aerial is additionally abreast $13.50 to accommodate support. The abutting above abutment is abreast the $12.20 level.
The beasts are acceptable to assure the 50% Fib retracement akin of the advancement move from the $9.74 low to $14.57 aerial abreast $12.16 level. Moreover, there is a key bullish trend band basic with abutment abreast $10.00 on the 4-hours blueprint of the THETA /USD pair.
On the upside, the amount is adverse hurdles abreast $14.50 and $15.00. A abutting aloft the $15.00 akin could accessible the doors for addition access and the amount ability billow appear the $18.50 and $20.00 levels.
Dips Supported?
If THETA amount fails to ascend aloft $15.00 or $15.50, it could actual lower. The aboriginal above abutment is abreast the $12.20 and $12.00 levels.
The capital abutment is now basic abreast the $10.00 area and the trend line. A downside breach beneath the $10.00 abutment ability accessible the doors for a advance appear the $7.50 support.
Technical Indicators
4-Hours MACD – The MACD for THETA/USD is accepting drive in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for THETA/USD is able-bodied aloft the 60 level.
Major Support Levels – $12.20, $12.00 and $10.00.
Major Resistance Levels – $14.50, $15.00 and $20.00.
