#$THETA $BTC theta has benefited from the general market momentum, taking dynamic action in its price accordingly. In that line of thought, we can observe the confirmation of the breakout of the main downward trend line. The next confirmation objective for the trend change in daily fractality is the 200-period moving average, which is located at the price of 1.52 USDT.

Now, important characteristics that contribute to a possible breakout:

1) Bullish market sentiment in general.

2) Increasing buying volume

3) RSI at 60, which indicates that the asset

4) Weekly candle opening above the downward trend line from about 8 months ago

5) Confirmation of a bullish double bottom pattern.

The summation of all these aspects contributes to a continuous bullish momentum that is quite promising.

WE WILL KEEP INFORMING