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[![](https://ipfs-3speak.b-cdn.net/ipfs/bafkreiftp6sd3mhwwpftm646irojdwkfhtxcdmhdhgj5mk6hhgko3teovy/)](https://3speak.tv/watch?v=moon333/rftnwcsj)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=moon333/rftnwcsj)

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Descending triangle:
On a long-term weekly time frame, Theta coin has broken down the support of a descending triangle and als broke down the weekly 100 SMA support. Now it has found a strong price support at $2.25.

Down channel:
Recently Theta has formed a down channel on a daily time frame and getting bounced form the support of this channel. Now if it breaks out the resistance of this channel then it can re-enter the big triangle back.




In order to play and watch the current performance of the chart you need at least a free account on tradingview:




If you like the video then don't forget to upvote/tip and share, thanks




You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333




In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3




Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 







Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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▶️ [3Speak](https://3speak.tv/watch?v=moon333/rftnwcsj)