Thetabinance
THETAUSD a formation of gartley | Upto 136% profitOn week chart the THETAUSD has started the formation of C to D leg and now almost entered the potential reversal zone.
There is already a golden cross formation between 25MA and 50MA on week chart beneath the price action and withing the PRZ area.
The price action has strong supports of 25MA and 50MA.
Soon a massive profit spike is expected insha Allah.
The targets are:
Buy between: $0.10520000 to $0.07659137
Sell between: $0.12757615 to $0.18149723
Regards,
Atif Akbar (moon333)
ThetaToken/Bitcoin (16 May) #THETA $THETA #BTC $BTCTHETA has reached the resistance and I don't think it can pass unless it completely breaks 1500sts zone and closes 12H candlestick above 1500sts. THETA is turning to a short-term downtrend to 900sts
I think we can buy THETA at 890-900sts, but it is still possible to drop out of this area but I think there should be no fear because Devteam is still active and still follow Technical Analytic
Sell zone can be quickly archived after entering buyzone is 2000-2100sts at the end of May
Stoploss if price is lower than 800sts and consider buying back at 500sts
$THETA #trianglegang Edition - Day Trader ExplainsLadies and Gentlemen,
Welcome back to TJ's Trade Corner!
Today we will be taking a look at $THETA, one of the mostly shilled and anticipated trading pairs out there with a really string set up as we will see here soon.
Lets begin with the market structure. We had a really insane pump in the beginning of March yet starte retracing from there almost immediately. The previous support of 2200 did not hold and we had to continue more downwards. Yet, right now we are getting quite pointy and starting to form a falling wedge. Over the last weeks it is getting quite obvious.
Should you go to the 3D chart, then you will see that this whole formation is one big falling wedge. Falling wedge on its own are already bullish, now lets take a look if we can find anything else.
The Volume, is very low and as expected no significant volume on the seller side over the whole retrace period. This is hilarious and only shows, people are not really selling, some maybe taking profits, hitting stop losses, trailing stops and so on. Also, just to make sure, everyone gets it, I will only enter a trade here, when we have significant buy volume on the daily. Yet, I kinda have the feeling that it will be very soon, since we are at the very tip of the triangle and looking at the...
...TJ-Stoch, we can see that it does not respect the 40p for impulse moves, but it really likes the 10p line, where we can see was as well the moment before the second last big pump on Feb 24th.
In addition to all of this, we can see that the TJ-MoneyFlow is slowly rising, same as the TJ-Stoch. Creating a slight bullish divergence against the descending $THETA chart.
This TA and a full trade set up has been published before in my private learning group "ETG".
We are going over many observations and possible trades very frequently.
It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading.
Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested.
Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
Cheers TJ
Theta where to buyTheta looks good but we need a real breaking confirmation.
Should wait it breaks 1Day EMA50 around 2600ish.
so should be patient and wait around 2650+ to have a real buying option.
Sell it before 3200 Sats. Strong resistance here.
And don't forget to monitor BTC as always.
Happy Tr4Ding !
THETA/USDT -> Novice Cup and (Falling Wedge) Handle ReversalPotential Cup and (Falling Wedge) Handle forming for Theta Token.
Breakout could mean a target at $.13518 (met by resistance),
then if broken through there, a second target of $.14355
Invalidated below $.12000 (~50% of the height of the cup)
Expecting a slight increase in trade volume and price around 4 P.M. EDT
due to SLIVER.tv (parent of Theta Network) partnering with NASA
to stream the rocket launch, powered by Theta Network.
THETA - ENGULFING BEARISH SIGNS - WILL WE OVERCOME THEM?THETA / BTC TA
We see overall bearish pattern as we approach trend line. If we manage to hold that level, we will see a retest of prior highs which are highlighted as 'TARGET' areas.
If we do not hold trend line, do expect us to drop down towards first support zone, which should hold THETA together for accumulation. If we do not see that, we will drop back to liquidity grab zone for further accumulation.
Everyone is looking at THETAWould like to see the ADI at or above 25 (or at least trending up).
Price is below the 200/314MA's (white and blue).
All standard indicators are on the up and up on the 1 hour chart\u2028
If volume increases and a position can be taken with Stop Loss set in profit... well I am gonna go for it.
Theta Strong CoinBuy the Correction. Theta have a very good FA and very strong project, so it's not too risky to invest for long.
First buy around 3000ish could be supported by Dayli Pivot zone.
Second Buy around 2600ish ( EMA50 ).
if not bounce and drop under this zone should stop loss at -2500ish.
And like always keep an eye on BTC.
Happy Tr4Ding !
Theta/BNB rallied for a 21% Profit. Hello Everyone,
This is an update to my last idea which is attached below. After watching the trends I decided to make an entry at the areas in green circles which were labeled possible entry point forming on my last Theta/BNB chart. This was an accurate label which is where I entered. Theta just currently shot up for a nice little quick flip rally giving a 21% profit. Exit position labeled in red.
The overall mood on the 4 hr chart is currently still in a red down trend so I have already put in for my next position which is roughly around 0.00900. I will adjust accordingly if needed but, I currently like .0900 for a long position because it has been trending back to this area and lower, on average, after rallies. Prior to February 24th it liked this area as well. The current 24 hr low was .00863 so we shall see!
The trend is still favoring you short traders.
Long Positions are not advisable at this time, in my opinion, unless the bulls are able to take over. This appears to be a rally and the bears are still very much in control based on my trend indicators. It is riding above the upper bollinger band with the supporting volume, however volume at the time of riding this is starting to fizzle out, but not by much. Theta is also currently above all of the moving averages.
RSI is at 71, Stochastic is at 87 which are both on the overbought side of the line.
This rally could be because of the news building up to the main net release on March 16th and, the 1:5 token drop of Theta Fuel that's being supported by the exchanges. I say this because Theta just RAPIDLY powered through the major resistance area AND the upper descending triangle with the next target a long way away at the 1.618 fib.
At this point I have closed my previous position and have re-entered. As of now I will go back on the sidelines and wait for my next play.
Please hit like if you found this information useful or helpful!
Good Luck and Happy Trading!
AWC
**For educational purposes only, this is not meant for any buy/sell advice.** I truly enjoy technical analysis and sharing my thoughts/ideas with others!
THETA!!! For the LONG win. THETA is a decentralized video streaming platform powered by users and an innovative new blockchain. Steven Chen Co-Founder of Youtube is quoted saying:
"Theta’s innovation is set to disrupt today’s online video industry much in the same way that the YouTube platform did to traditional video back in 2005. One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams,” said Steve Chen, Co-Founder of YouTube. “I’m excited to be part of the next evolution of the streaming space, helping Theta create a decentralized peer-to-peer network that can offer improved video delivery at lower costs."
Live video streaming accounts for over two-thirds of all internet traffic today, and it is expected to jump to 82% by 2020, according to Cisco’s June 2016 Visual Networking Index report. In the US, millennials between the ages of 18 and 34 are driving the growth of video streaming, and are heavy users of services like Netflix, Youtube, and HBO. Streaming video among this group has jumped 256% from an average of 1.6 hours per week to 5.7 hours per week according to an SSRS Media and Technology survey, and mobile devices are leading the charge in video consumption growing 44% in 2015 and 35% in 2016. The top five video streaming players in the US are Facebook, Google/Youtube, Twitter, and related properties, Live.ly and Twitch.
Being a crypto OG I'm biased and everything seems like BS until I dig into the code. After doing so I am assured that Jieyi Long is working hard to make this project a reality and as I dig into the code I can see the broader vision of Theta Token. He has a deep understanding of the idea that I've had for a decade. The amount of commits to Github seem to be speeding up averaging 3 a day since February.
"F@#k that I'm a trader.", you say? Well just follow this channel buy and sell in the dark areas set your stops to bail if it breaks.
Theta Token consolidated and it is now time for breakout! Whats up my crypto friends!!! I shared a signal on this coin earlier around the 1500's level to my premium binance members.
I needed to do this analysis on Theta Token as i noticed it approaching a breakout point
so i checked the charts and discovered that this will most likely go to the illustrated projected
target range of 2100-2500. The current VOLUME on Binance is under 1,000 btc which makes for
a great set up for a nice pump in this coin. I see 1920's as the KEY resistance stopping this from really
breaking out into the 2500's range which from current price level of 1720 sats would be a profit of
nearly 46% following 2500 sats if reached i will be expecting a retrace.
Also if you want more ACTIVE UPDATES on my PERSONAL POSITIONS involving BINANCE and BITMEX ASK me about becoming a VIP member
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Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
Theta long term wedge looking to break 200 day on the 12hTheta is trying to close out the 12 hour 200 day MA. It's using the ending of a long term wedge as support.
Entry at 1390 sats
Exit at the level you feel comfortable
Stop out at the % you feel comfortable using. My levels are guidelines.
I wouldn't suggest stopping below 1311, hence why I didn't mark it on the chart.