WILL THETA BREAKOUT DESCENDING TRIANGLE AND SPIKE UP?

WILL THETA BREAKOUT DESCENDING TRIANGLE AND SPIKE UP?
Theta Token / Bitcoin BINANCE:THETABTC
altchicasignals

THETA/BTC

THETA is currently pushing to the end of a descending triangle . Generally, this means a break down. BUT, there are other factors at play. The end of this triangle is also the major support zone , as well as a hidden bullish divergence on the 4 hour RSI . In the past, THETA has broken up out of this pattern. Therefore, I expect a break to the upside, breaking above 50 and 100MA and into Hourly Resistance Block at 1122-1166 Sats for T1. Long term target, following some turmoil inside hourly res, will be T2 at 1602 sats .

Possible entries: 980-1020 sats

This TA is also posted on my Telegram channel: https://t.me/altchica/1434

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