THETA analysis: THETA is forming a falling wedge on lower ti | VIP Crypto Signals™

THETA analysis:

THETA is forming a falling wedge on lower time frames. A falling wedge is a bullish pattern and usually breaks in the upward direction. The resistance for THETA is $4.5 area and $5-$5.2 area. The local support is $3.8 area and major support is $3.65 area. Wait for a breakout of the falling wedge or test of the lower support area.