THETAUSDT. ANOTHER BULLISH RALLY AHEAD?
Hello Traders this is my Analysis on this Pair. ( Link to previous analysis is below )
Price has created another Impulse from our last analysis on this pair, and we have seen a retracement back to our 0.382 FIB LEVEL.
from the higher Timeframes, we can Identify these factors.
1. On the Monthly Timeframe, Price is in a strong bullish environment.
2. On the Weekly Timeframe, Price just created a key level and we expect the Bullish Rally to continue from this point
3. On the Daily Timeframe, we have a Continuation and a New Demand Created.
I will be expecting a retest of this previous supply now turned Demand. If this level of Demand Holds, then I expect another strong bullish run.
I will be monitoring Price Action on the Lower Timeframes for Potential Trading Opportunities.
Price has created another Impulse from our last analysis on this pair, and we have seen a retracement back to our 0.382 FIB LEVEL.
from the higher Timeframes, we can Identify these factors.
1. On the Monthly Timeframe, Price is in a strong bullish environment.
2. On the Weekly Timeframe, Price just created a key level and we expect the Bullish Rally to continue from this point
3. On the Daily Timeframe, we have a Continuation and a New Demand Created.
I will be expecting a retest of this previous supply now turned Demand. If this level of Demand Holds, then I expect another strong bullish run.
I will be monitoring Price Action on the Lower Timeframes for Potential Trading Opportunities.
