THETABTC
THETA H&S Correction Before Next ImpulseBINANCE:THETABTC
It has been an impressive price surge in THETABTC the past few weeks that seems to have peaked overnight. So we can expect a correction. Looking at the daily chart above, we see an RSI that has been bounding around in over-bought territory for a while, and a potential neckline of a Head&Shoulders pattern in formation. Mapping in a general 3-phase Elliott corrective wave and we can see that there is potential for a substantial correction to be made if the neckline is broken on the final C-wave down.
Just thinking out loud.
THETA UpdateStill waiting for HV and RSI to come into historical buy zones. See support around 2490 and 2310. Never know though what whales decide to do. Still have layered orders under 2500 and down, but thus far 2500 has held.
THETA - Finding ReentryTook profits at 2500 on previous pump. Missed 2290 entry by not setting orders before falling asleep. But would have liked have seen a bit of a deeper retrace. Now we have moved to the upper half of the channel on a steeper trend line. Have orders set in the between 2340-2480. Excited to get on this for the next leg up 2800-3000. Want to see the Stoch get into the buy zone first, and then move out rather quickly.
KNC could do big thing safe easy entryadded on the arrow small size so I could add if we get a shake out lowered then I will add on bullish continuation
had similar patters of other alts this week #ltc #ARK #EOS #HC #THETA
THIS IS A POSITION I WILL ADD ON A FALL.... BUT AM CLOSELY WATCHING CORRELATION ACROSSED MARKET.
THETA Support and Resistance Levels 2/9Support: .00001230 and Resistance: .00002120 possibility to shoot beyond but only if BTC holds up. Many new people to this market especially financial wizards from the old dying market built on different principles believe that we can just "replace bitcoin" while holding up "blockchain" with fairy dust and regulation. Let's just take Jesus out of Christianity. What's Jesus got to do with it? I digress if the broader market accepts bitcoin as what it is "the standard of the new economic system" then we can measure our growth according to a standard that grows and we are back to business. THETA and many other projects will win big in such an environment.
Theta taxiing the runway, ready for take off!Last phase of a wyckoff ending before we moon.
As always, use your best discretion!
Good luck in your trades!
LOOK AT THIS SMALL DEMON!! I think it's a good opportunity to try to reach new maxima. Be cautious and place stop loss
Theta Token Breaks Above Resistance (Aims for 100%+)Theta Token (THETABTC) has broken all resistance, in the form of moving average lines, and is aiming for 100%+ (Nov. peak price).
We traded THETABTC back in Nov. which generated good profits... Now comes the second wave.
Signals:
- Bullish RSI.
- Good volume.
- Break above strong resistance MA200.
You can see our old Theta Token analysis here:
This is just a friendly reminder... Not trade advice.
Namaste.
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
in the DISCORD community!!!! LINK is below in the SIGNATURE box!
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 looking to breakoutTHETA has been steadily laddering on the 4hr for the past few days. And has been in accumulation for the past 2 weeks.
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The daily and 4hr chart has THETA laddering towards 1340 sats . Im looking for a break of 1340 leading to the pump. 1340 was tested on the 13th. Currently their is a fat sell wall sitting there, coincidence(maybe)? Volume is still low and has been steadily increasing. My first target is the weekly at 1488. If it occurs im expecting the move within 12 hours, failure to break 1340 should send us back to 1219 area.
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Happy trading!
THETA Holding Strong SupportTheta holding strong support at the bottom
Also, triangle breakout can be seen and more to follow because market is very bullishnow
Buy Zone 1240 - 1270 Satoshi
Sell Zones: 1390 | 1465 | 1525 | 1595 | 1650 | 1698
Mid Term: 1800 | 2000 | 2200 | 2500+
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.
THETABTC THETA HUGE 10-33% PROFIT EXPECTED SHORTLY.LIKE & SHARE THIS ANALYSIS
EXCHANGE: BINANCE | CHART DURATION: 4HR
CURRENT PRICE: 1360
ENTRY PRICE : 1250-1350
TARGETS : 1500-1600-1700-1800
STOP LOSS : 1253
TECHNICAL ANALYSIS
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1. RSI 35
2. MFI TOUCHED 20
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED
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News
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Big update for the Theta project today! We've released the Theta Mainnet source code and version 2.0 of our white paper with lots of exciting development updates.
twitter.com
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