Technical analysis by arzdigitalistha about Symbol THETA: Buy recommendation (1/6/2025)
https://sahmeto.com/message/3141033

arzdigitalistha
Rank: 30369
Analytical Power:
1.3
THETA Long Signal | 130% Profit Potential with 6.8 Risk-Reward
Buy
Price at Publish Time:
$2.59

✅ Key Trade Levels:📌 Entry Point: $2.6🛑 Stop Loss: $2.1🎯 Take Profit: $6📊 Analysis and Explanation:The THETA chart shows a strong Harmonic Gartley pattern, where the price rebounded after touching the 61% retracement level of the XA wave. Additionally, an inverse head and shoulders pattern has formed, and the neckline has been broken decisively. The key resistance at $2.6 is the last barrier. Once this level is broken, a strong upward movement towards the $6 target is highly likely.
Source Message: TradingView