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Tracking Projects and Looking at Theta

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Written by   33
4 months ago

Thinking to start a couple days a week to share chart analysis that I am looking at. Please do not hesitate to add comments or point out something different with what you see.

Theta token has been on quite a ride over the last 12 months. As you can see with the massive run-up, there is a now almost year long consolidation period. It would seem that we are approaching the time for one last liquidity grab or the start of a slow grind up again.

We have seen it before where the rotations turn and it happens right under everyone's nose. It's not even apparent until it runs up the other way. Let's see.

Either way, Theta is in one of those zones where it looks like the spring is coiling and there is potential for a liquidity event to a daily level below or just as easily moving in the other direction rapidly.

Disclaimer: Anything provided in this submission is intended to be educational and something that I am using in my personal capacity. Nothing should be taken as advice, direction, or influence in the reader's decisions. Investments into crypto and digital assets is a high risk activity and the value of investments can drop to zero at any given time. Do your own research. You are responsible for your own financial decisions.

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Written by   33
4 months ago
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