$THETA this post is a continuation of the last post where I explained the comparison of price growth with that of last year around November.
In this image, as I mentioned, you can observe a signal of two different months; the first is the left one and corresponds to November, and the volume of this month is the second to last bar in ascending order of this impulse, causing the price to grow more than 136%. Meanwhile, the volume bar of this month is the first of a series of volume bars that will also be increasing since the volume is supporting the trend, and so far this month it is interesting that, being the first buying volume bar of a series that will be increasing, it has likely already caused a price revaluation of theta by approximately 86%. We compare this month with the second to last month of last year's bullish impulse, and in this first month, we have already grown 61% compared to the second to last month of last year, where in that impulse there were approximately several months with increasing volume, where the last bars were the largest, while in the present, the current volume bar is almost as large as the second to last bar of last year's impulse.
This indicates the buying frenzy that is brewing in theta, which projects a closing price of theta for the year of $3.80 to $4.00 per coin if everything continues like this, and the December bar is larger than November's and the pattern of increasing volume in trends is fulfilled again. If this month theta grew by 86%, next month it could grow by 90 to 100%, bringing theta to approximately $4.00.
Of course, this analysis may have a margin of error, but more technical signals indicate a progressive and brutal revaluation, and I think it will surprise many.
Blessings 😁