THETA - Risky (As you asked)Most of the time I can do a trading setup for coin easily, but this time I tried to find a setup for THETA but it's really not worth it.
The whole THETA market looks bearish and risky. so I'm just gonna tell your about the support and resistance areas.
There is a small support line on the chart which might keep the price up, but if broken: the price will land on the "main support" area.
and also the same for the resistances... The price might cross the local resistance if the volume builds it up but it will definitely have a difficulty crossing the main resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Theta
Theta $25 long term price movement based on Elliott Wave TheoryTheta has test its .5 fib level and it shows that it has successfully bounce away from it. But Theta may test its .382 fib level based on Elliott Wave Theory to complete its correction wave for a price continuation. I would put a buy order right below the wick of the previous low after the all time high.
Based on the MACD indicator, it further validate the Elliott Wave Theory as the signal line are going to cross and form a bearish cross where it indicates a corrective movement. What I expect from Theta is a strong bounce after it touch the .382 fib level.
Price prediction for the end of the bull run will be around $25
Not financial advice, happy trading!
THETA - Creeping Up Slowly... 🤫After breaking the descending correction, we saw an ABC pattern play out for a move higher. The move wasn't as impulsive which leads us to believe we may go for a deeper correction. If there's no bounce on the inner trendline, watch for the major trendline for buying pressure.
THETA - Creeping Up Slowly... 🤫After breaking the descending correction, we saw an ABC pattern play out for a move higher. The move wasn't as impulsive which leads us to believe we may go for a deeper correction. If there's no bounce on the inner trendline, watch for the major trendline for buying pressure.
Great buy opportunity in THETA🚀Hello guys
As we can see price was moving in an Ascending triangle from few days and now it confirmed a Breakout by pushing its price above the Green Resistance box and closed above it.
- Could enter right now or wait for the price to Retest the Green Support area.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: $14.48 or Trail it with a Trailing SL.
If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
. . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory
Your Support is very much 🙏 appreciated!
Happy Trading
THETA.USDT (Y21.P3.Vide01).Go with it this weekendHi All,
My tip for this weekend, alot of signs for THETA to go.
Yes, I know its abit late but I had things to do and just got home.
My charts and commentary give the justification.
All the best,
S.SARi
🔥 THETA Bullish Triangle Break OutTHETA has been recovering very slowly from the sell-off of two weeks ago. Most coins already surpassed their local high from before that, but not THETA. THETA is lagging behind the market by some the degree, making it an ideal candidate to see some serious gains in the coming days.
This break out could lead to a new ATH in the coming days, if BTC manages to keep its cool. Current target would be around $15.
Happy trading!
THETAUSDT --> Possible breakout for 30%+THETA has this loooong established trend line with a couple fake breakouts. We have seen a few recent violent breakouts like LTC and DASH which may get you thinking everything breaks! But be careful with this THETA break, it likes to trick you!
I would like to see the retest of the upper trend line to confirm. Then lets go to the moon.
-=-=-=-=-=-=-=-
THETA TRADE
-=-=-=-=-=-=-=-
ENTRY = Buy after trend line retest
TARGET = $15
STOP = 4H close below upper trend line or BTC taking large poop
-=-=-=-=-=-=-=-
Be careful trading guys, BTC is volatile!