$THETA

theta is about to experience an extraordinary price increase, and here is the analysis that supports this argument.

1) In the first image where the price of theta is at 3.04, the depth of the market can be observed. The enormous wall of supply in this image was at the beginning of the first week of December.

2) In the second image, we can appreciate the price action in daily candles of theta throughout the week. It can be observed that theta encountered fierce resistance in the zone of 3.01-3.35; in this entire area was the wall of supply that could be seen in the first image in the market depth.

The interesting thing is that the selling volume diminished during the week, and the price did not suffer a correction greater than 10%. This indicates that the demand throughout the week impressively absorbed that wall of supply that could be observed in the first image.

3) In the last image, we can see in the market depth how the demand for theta surpasses the supply. This confirms the absorption of the supply in the range of 3-3.36; we have cleared the way, now the wall is on the side of demand, and the price action is preparing to rise exponentially.

CONCLUSION: Initially, I expect a week opening with a correction around the zone of 2.90, to later break the zone of 3.35 and from there go to the zone of 3.50. This week, theta could close with a high probability at a price that would range from 3.50 - 3.80 or we could even close above 4 dollars per coin.

BLESSINGS