January 28, 2026

THETABTC is creating a descending channel

THETABTC is creating a descending channel

THETABTC is creating a descending channel

THETABTC is creating a descending channel

Theta Token / Bitcoin BINANCE:THETABTC
plancton0618


THETABTC is creating a descending channel

The price retraced more than 80% since his double top .
On the daily timeframe , the market created a double top and now is creating a descending channel .
We are monitoring the price for a breakout of 0.0000880.

How to approach?
IF the price is going to have a breakout from the descending channel with Volume , According to Plancton’s strategy, we can set a nice order
–––––
Keep in mind.

  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

–––––
Follow the Shrimp 🦐

Previous Article

BTCUSD ❕ returned to the range

Next Article

Luna scalp trade

You might be interested in …

Measured move on GMT

Measured move on GMT

Measured move on GMT GMT / TetherUS BINANCE:GMTUSDT PaddyThePriest The token for the STEPN game. I think a measured move is definitely possible here.

SOLANA /USDT

SOLANA /USDT

SOLANA /USDT SOLUSDT Perpetual Contract BYBIT:SOLUSDT antonsilveston SOLANA FORMING RISING WEDGE PATTERN….downside breakout and now retest the resistance area sol may go to 37 to 25 area because of bad global market condition…if change the […]

BTC 28k?

BTC 28k?

BTC 28k? BTCUSDT Perpetual Swap Contract OKEX:BTCUSDTPERP moad-legend BTC HAD A 5 waves up and this move was kinda fake to trap traders the move start on 26 may and it was fake move for […]