THETAUSDT formed bullish Gartley | Upto 51.5% gains expectedPriceline of Theta / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09558 to 0.08378
Sell between: 0.10483 to 0.12712
Regards,
Atif Akbar (moon333)
Thetabinance
THETA/BTC (Potential Relief Bounce?)THETA/BTC
-strong uptrend is now over
-upward trendline of support is already broken
-the price hits a previous consolidation area
-and immediate reacted to it as potential support
-if this drop will respect the 3400s as support
-we might expect a relief bounce to retest the trendline
-daily consolidation is right on the table now
#THETA/BTC 90% UP since Initial Entry, Now what?Welcome to this quick update my friends.
Theta has been doing great since our first entry. All of my charts have been incredibly correct.
I think Theta will keep growing until the mainnet on 27th May. It's better to keep booking profits and holding some portion till the mainnet.
The Rebuy zone is green box if you haven't entered yet.
TargetS are:
1920
2020
2141
SL: 1580
The targets given in the last update is also valid there's just little difference.
Please hit the like button if you like this update.
#PEACE
#THETA/BTC Right spot to longWelcome to this quick update.
You can see we booked almost 80%+ Profit on Theta already. It seems there's still fuel left in this trade.
Theta is just hitting the resistance zone.
Expecting a bit of retracement here.
If you bought the top or you're stuck with this trade here's the complete setup for you:
Once we see the retracement we can enter this trade:
ENTRY: 1480 TO 1540
TARGETS:
1820
1925
2080
2180
SL: 1428
Hit the like button and follow me for more updates.
I will soon post many profitable altcoin setups.
#Peace
#THETA Broke the Inverse H&S Now what?Welcome to this quick update guys.
Theta just broke out of the inverse head and shoulders.
The price bounced and I think it is a good position to book some profits.
And left 25% of position to ride in case it follows any of the scenarios shown the chart.
If you're not holding Theta or missed this trade. DON'T FOMO.
Buy on the retest of the trendline and put an SL 20 to 30 sats below your entry point.
Some of targets given in my previous updates have been fulfilled.
THETA/BTC (Bullish Candle Breakout?)THETA/BTC
-strong breakout of descending trendline resistance
-daily candle must maintain above trendline resistance
-we need to see follow through the next candle
-bull cross of 50ma and 20ma
-upside potential is the swing high at 1800 sats
-our stoploss is below 50ma
THETA/BTC (New Local Bottom?: up to 35% profit)THETA/BTC
THETA bounced at the previous accumulation zone during the Jun-Nov 2019 trading history.
Also, a downward trendline of support is built which could act as immediate support if the price has to pull back again.
This will be our stop-loss area if this bullish scenario becomes invalid. The upside potential is up to 1400 sats or higher.
THETA/BTC (new)A nice breakout of this falling wedge paired with a bullish macd convergence on the daily chart and a good response in volume;Price is also holding well above key MA's. Generally we believe this pair is quite bullish for the short/mid term.While we remain above 1200 sats on our daily chart (closings) , we can anticipate an increase in price in the short/mid term.As usual , i have indicated some resistance levels you can use as take profit points.
As Always , happy trading !
- Fat Pig Team
Theta Token-Theta USDT Can Go Up Slightly.BINANCE:THETAUSDT is Currently at Resistance WHich Apprently looks like breaking off soon.
BINANCE:THETABTC pair is also testing DMA200 last time it took place in Feb-2019.
Plz Do not Fomo and Wait for a Close Above the Resitance also note that BTC is being very volatile at the moment the risk is high in the market.
Happy Trading.
A thought for ThetaBased on recent price action...
Everything's noted on the chart, but essentially we potentially have another IHS forming at the moment (see the prior one marked up), where the right shoulder is possibly being suppressed by the 12MA into the bid zone (1180-1210). If it plays out it should bounce around there to a breakout and retest of the neckline for continuation.
Targets:
1533
1644
1858 (and re-assess)
2122 (and re-assess)
This is invalidated by a breakdown below the potential right shoulder (in which case, forget the trade) or a more immediate break and retest of the neckline (in which case, bid the retest of the neckline).
Trade Idea For THETA/BTCTheta has been into almost 6 months of low volume accumulation period. Recently there is some sort of increase of volume in it. Expecting it to go for a rally soon. So if we close daily and stay above the monthly pivot which is mentioned in the chart, then there will be chances the mentioned target will get achieved. The target mentioned is the safest one and the stoploss would be the previous swing low from your entry.
Will update if we get above the pivot
THETA/BTC Great breakout from THETA/BTC on our weekly chart, also being fuelled by some good volume. We have seen a clear bullish engulfing candle close above our moving average resistance on our weekly chart, which in general is quite bullish. Our daily chart is also trading back above our 200 ma, a level it hasn’t traded above since January 2019; we believe this is a clear change in trend and can expect this coin to see some good gains over the next few weeks, matched with a stable increase in volume.
Possible 112% Move For ThetaLooking primed and ready to rise for a measured move of 112%. A breakout of the descending triangle could give this a great price swing to the upside. This will take time for the setup, but looking good.
Crossing over on the 4 hour chart of the 7/50 EMA.
Macd crossover coming up.
Low RSI,
volume picking up.
Risk/Reward - 2.11 to the 1199 sat level and 3.29 to the 1306 level.
THETAUSDT formed bullish Cypher | A good long opportunityPriceline of Theta Token / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09094 to 0.08931
Sell between: 0.09227 to 0.09541
Regards,
Atif Akbar (moon333)
THETA / BTC Price almost clamped in the corner. Denouement soonTHETA / BTC Price almost clamped in the corner. Denouement soon
The buy zone is at the breakout of the pattern (yellow line), and it is better to roll back so that it is clear that the price has fixed and the trend will change.
Stop Loss Below is the support level for your risk management (red line). I’ll add that the existing support is below the historical minimum, breaking through it will mean - the bottom is not limited by anything.
Targets - levels on the chart. You need to understand that this is a pump coin and can stop at any level. The width of the figure is 84%. Therefore, the movement in any direction can be at this percentage.
THETA/BTCTheta seeing a great breakout above our trendline resistance, while also seeing a good increase in volume. Our stoch-rsi is also showing a very bullish divergence, suggesting more upside in the short term. Our new support level is around 1110 sats ; has many coinciding supports in this region (.382 fib/breakout point/daily candle minimum). Resistances are at 1400 followed by main resistance around 1800 sats.
Theta Token is Repeating Trend. Potential Bull Run is noticedBINANCE:THETABTC is trading in the same trend as of Sept 18 (R1) we are going under replacement.
We are facing quite strong of a resistance at 1020 sats and we failed to break above it too. if the current candle closes above 1020 in 4h time frame we are clear to hit to the next target where we need a little more volume to confirm breakout.
1046, 1090 and then wait till bull run is confirmed. Your max of short to mid term target should be 1320.