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Thetabinance

THETAUSDT Ascending triangle 2D chart This is my current chart for THETA right now. Currently, I am using long timeframes here because this is a long term trade for me personally. I believe many of us are involved for the long term as well , not a quick money grab. Technical Analysis POV: We have been in a side trend ever since May 15,2022. Pumping hard and crashing hard. Thats what sidetrends are we go up and we go down until we enter a new trend. From the looks of the 2D chart, It looks like we should be attempting a breakout on the "#4?" in the chart. A breakout of the yellow trendline would lead us to a change of the sidetrend into an uptrend. I see low chances of ever reaching 0.7 again or lower, higher chances are we go up right now. I also see a formation of an ascending triangle on the bottom of the chart, which could support my thesis of "this was the bottom". My target price for the long term right now is $3.81 which is more than 300% increase in price. Fundamental Analysis POV Fundamentally, THETA TFUEL has been cooking up A LOT . If you have been in twitter lately, you may know by now what THETA has been up to lately. New partnerships and projects joining THETA's ecosystem as well as more patents for THETAs technology .They just delivered a new roadmap as well and it looks very promising. With the support of ecosystem projects to go live with TNT20 tokens coming up on Q2 any time from April to June price action looks promising. Overall, Q2 looks like a promising month for THETA TFUEL
Long
by CryptoGao1
1
#THETA/USDT 1HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this THETA/USDT 1hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : As we can see from the above-mentioned chart that THETA/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, theta retested the neckline and pumped we can take re-entry at Entry:- $$3.20,$3.25 Traget:- 15% 20% Stoploss:- $3.15 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
Theta Network (THETA) Sell ZoneTheta Network (THETA) Sell Zone -------------------- BIAS Long-Term : Bullish Risk : High After a correction of over 60% from our mid-term low, Theta Network looks for short-term retest support zone. -------------------- $THETA/USDT SHORT SETUP Leverage : x3 - x5 Entry Price : 4 - 4.25 TP 1 : 3.945 TP 2 : 3.865 TP 3 : 3.75 TP 4 : 3.585 TP 5 : 3.46 TP 6 : 3.335 TP 7 : 3.2 TP 8 : 3.08 Stop Loss : 4.44 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Short
by Zerene
3
THETA/BTC Huge Falling Wedge Promises 3.7X Return Minimal Risk BINANCE:THETABTC is in a falling wedge since March of last year. It has broken off the top of the wedge on 24 December and has just touched the top of the structure. I'm betting that this is a retest and that it will reverse upwards from here. Points in favor of this trade: - The falling wedge structure is solid. - We are retesting the downward trendline after breaking it. - We are at the support line of 754 Satoshis which has historic significance. Points Against: - No RSI divergence. We need to see a lower low in price with a higher low in RSI. - We haven't seen a reversal candle yet. - No clear indicator on where to place the stop loss. I would place the stop loss at 20% below the support line because crypto... For the record, this is not good enough of a reason. Trade carefully and good luck. Oh and also, I have NO IDEA what Theta is. This is only a technical trade. No fundamentals involved.
Long
by TechNerdOmar