IS THETA a forward indicator for the rest of the market??this is just an idea. don't take it to heart. just a thought.
THETA has had an absolutely phenomenal run so far.
from bottom to the top basically did a 150X.
very impressive.
However, I do believe that it's done. Its completed its run up. for now at least.
I count 5 major waves, and if you actually look inside each of the waves, you can actually count out another 5 waves. the 2W chart don't show the individual waves as clearly, but if you look at the weekly you can count 5 smaller waves within each of them.
and the waves are valid because the 3rd wave isn't the shortest, theres a 1.1 ratio of the 3rd wave vs the 1st wave so this count is valid.
Additionally, rising wedge on 2W RSI.
I dunno bout you boys, i reckon this is done.
1st major support round:
- $3 range. ranges are pretty broad coz they're weekly OBs.
then
- $2 range
then
$0.70
$0.40
$0.26
this is crypto after all, tbh, I wouldn't be surprised to see $0.70 again, but then again. wth do i know.
im just a joker boys.
Maybe this is a sign of what is to come to crypto? we'll see, i'll be watching this thing though
Thetabtcshort
THETA/BTC BREAK THE LINE a.k.a BREAKDOWN================ BINANCE:THETA/ BTC ================
THETA/BTC in downtrend
THETA HIT THE BREAKDOWN LINE
maybe it's time the weakness ??
in rsi theta overbought
maybe need correction now.
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THETA Coin Next Probability I'm Doing Short From 0.58 .
Risk & Rewad Is Same.
Use Tight Stop-loss, Also Look At Weekly Chart.
Theta Coin Now Forming Bearish Divergence.
Do Your Own Anylysis Before Take Any Trade.
Don't Buy In Fomo. I'm Not Responsible For Your Loss Even Profit.
Stop-loss & Take Profit Is Availabe On The Chart.
If U Appreciate Analysis,
Hit The 👍👍 Button.
#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
THETABTC breaking new highs!I know it's been a while since I've posted a publication...needless to say I've had my hands full.
I don't want you guys to miss out on this signal or have to FOMO/FUD -- and those familiar with my previous publications know I have a tendency to go on a tangent (though educational!) at times...but I'm afraid that'll have to wait for now!
I will update later with a detailed OPED including where I've been, what I've been up to, what I'm doing...my thoughts on the BTChalving, and more.
As usual green horizontals represent TP1-3 & the most important OFC: the red === stop-loss.
Peace & Love.
-MT
Disclaimer
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
#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.