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Thetaforecast

THETA: SOON TO BREAKOUT.Hello traders, here's an update on THETA in BTC pair for spot trading. Timeframe: 8 hours. Update: Theta token has been a deal breaker for traders in the BTC pair. If you do the backtesting then it has given 40% to 90% profit on the spot. I understand that Theta is under a descending triangle formation and technically it is a bearish pattern but only when it breaks down below the support. If it breaks above the resistance then it becomes a trend reversible pattern. Here's a trade setup if THETA/BTC breaks above the resistance level. Entry: 550 sats to 560 sats. Stop loss: 513 sats. Target 1: 596 sats. Target 2: 632 sats. Target 3: 671 sats. Target 4: 714 sats. Note: We will enter this trade only after the breakout. If you wish to leverage trade use 2x to 3x leverage in BTC pair.
Long
by Dexter_The_Trader
2
THETA usdt Risky businessbtc is doing it's thing so no trade is safe today. however, theta has a nice setup. i will look for a long at 1.111 and i will exit at 1.219 at about 10% profit. since this is clearly a very dangerous trade,i will set a stop loss at 1.085 which is less than 2.5%. i wont wait for candle closes,simple stop loss order because btc is not acting normal today since the risk is small,i will use 2x on this one also,aion from 4 hours ago did great so we some money to spare. FOLLOW FOR MORE!
Long
by POWcharts
4
Theta Breakout on the Horizon!!?Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake this current resistance level we have tested it multiple times and weakening it day after day recently! Now for support we are looking good we have the midline on the pivot bands which i will talk about next but we also have underlying support outside of this triangle, so a false breakout and bounce back in wouldn't be unheard of either. Now the pivot bands, same as the bollinger bands our midline currently serves as support and same goes if we break below it will then be resistance. But my main point with this indicator is that if we do slip out of the bottom of this triangle we will most likely see a bounce back in shortly after, price action touching the green band over and over shows a bounce is likely coming and vise versa with the red top band. Now our RSI is looking bullish aswell, we are finally above the midline once again and this reclaims a confirmed uptrend if we can hold above the 50. the midline serves as support aswell as the yellow SMA which is closely tailing the RSI slightly underneath! Overall we are looking bullish like the majority of the market and i think a breakout to the upside of this bullish triangle is likely coming soon in the next week or a bit more! Not financial advice just my opinion!
Long
by JacobR905
THETA/USDT 4HOUR UPDATE BY CRYPTOSANERSWelcome to this quick THETA/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-THATA/USDT bullish signal and buy green zone and ascending triangle pattern retest Entry:- $2.95 $3.20 Target:- $3.83 $4.22 $4.41 $4.65 Stop loss:-$2.66 Remember:-This is not a piece of financial advice. All investment made by me is under 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
2
THETAUSDT , Its ready to go upGood night guys We back with another powerful project that is working in different kind of property According to the chart you can see the after the price break our trendline resistance (red box) we need some pullback and correction of the breakwave and now , the pullback its finish and the dynamic support is near to price because of this reason the price is ready to go up and reach the target that we shown . Dont forget use stop loss and observe to money management Good Luck Abtin
Long
by Abtin00
Th3ta Chart Analysis By Sajjat Hossen #THETA Usdt Day Chart SIGNAL by Sajjat Hossen Still Theta Following Our Chart Analysis... Just Follow The Rules. How I Said To Buy... Need Breakout Dailly Resistance. Check Here New Chart Analysis.. Keep In Your Watch List. Wait For Breakout Upper Blue Line In Day Or Weekly Time Frame. Entry 1 👉 ✅ If Day Candle Close Above $8.20 Entry 2 👉 ✅ After Breakout Buy On Pullback $6.90 -$7.40 Stop-loss ❌ If Day Candle Close Below The $6.10 Old Chart Analysis....
by SajjatHossen
Theta Looking for a Rebound!!?Theta has been steady rising since the end of september but currently is feeling the heat like the majority of the market due to BTC slightly dropping! We are currently approaching a very heavy support zone and i think it is pretty likely that we get a bounce coming up soon, first we have the support coming from the midline on the bollinger bands, then we have uptrend support coming from the end of september, then support at 6.9$ (USD), likely support at 6.7$ but don't wanna cram the chart, we got the 0.2 FIB level (heavy) and finally very heavy support at 6.1$. So as you can tell we have a ton of big support zones coming up soon so there is a good chance we do see a rebound off one of them, of course though if BTC decided to spike down Theta would likely fall sharply aswell. The MACD isn't looking fantastic, we are seeing a bit of separation right off the bat with the orange MA starting to trail off from the Blue, we want to see the blue stick close to the orange and ultimately get that bullish cross, being too far spread out means it will take a ton more for us to actually get the bull cross, now the histogram is on its second red bar in a row and it has grown bigger from yesterdays and thats not a great sign it shows the bears momentum is increasing but ideally we want to see the bars flatten out and eventually shrink day to day all the way to the midline where we are going to then enter the green zone. Part of the reason i think we are due for a bounce is because on the RSI we also have very heavy support that we are actually currently rebounding off of, we are curling upwards off the first support line we have drawn and then even if we do see more downside we have strong uptrend support and then the midline just below that! Very good chance we see this rebound happen either now on the RSI or when we breakdown to the second and third support levels. The most important thing on the RSI is that we remain above the midline and don't fall below and get stuck underneath, this would put us in a confirmed downtrend and of course that would not be great so we must stay above this level and remain in an uptrend! Not financial advice just my opinion!
Long
by JacobR905
1
MUST BREAK LEVEL FOR THETA!!Theta has been stuck inside a downtrend channel since around the end of march and has been unable to fully breakthrough out of this channel, the most we have seen is a few wicks above the channel, if we want to see theta go on a big run here we will need to see a break of a few key levels, first the top of the descending channel, the 0.2 FIB level which is lying directly above the top of our channel and then finally the first point of resistance coming from the pivot points. we have actually crossed the bullish pivot point but not by too much, our candles recently have been sitting almost right on this point and i feel we gotta make a move upwards soon before we risk falling back below this level. Looking at the bollinger bands a very key thing that could happen would be price action grabbing onto that top band and going for a rollercoaster ride upwards, which i think would completely blow us right through these few key points i was talking about, in order for that to happen though we need to atleast breakthrough the top of the descending channel, once that is done the top bollinger band will be right in our reach! Looking at the MACD we are seeing good separation within the MA's but i notice the blue ma is starting to come down a bit towards the orange, now this is very important because if we don't see a bounce on the MACD due to a runnup in price we are playing with a possible bearish cross which could definitely set us back even more, we could start to see a little bear cycle on the MACD if our histogram continues to shrink the bars its printing! Not financial advice just my opinion!
BINANCE:THETAUSD
by JacobR905
THETA 1D Where to sell and where to buyLet's take another look at THETAUSDT on the global chart today Since the 75% drain of the coin cooled the dust of small investors a little. First, let's look at our previous idea THETAUSD , which was published 2 months ago. Then we wrote that if the price is kept above $11, then there will be a chance for growth to $18. We did not see $18, but the market fixed the maximum +45% at $15.88. And then the price was drastically lost in two passes. We should recall the words from the last sentence of the previous idea: "a cool head suggests that big money went to THETA in the region of $2" The minimum price of THETA during the drain was $3.85 and then a corrective rebound began, which continues to this day. An important area on top is $9.15-11.30 , where current growth can be expected. It is hard to believe that the THETAUSDT price will break this zone up from the first time. And then we again return to the liquidity zones from the bottom, where the coin was bought with a lot of money. The first zone is $1.50-2.40 The second zone is $0.55-0.75 (of course, sellers will first need to push the price below $4) For the future, place buckets for purchases in these zones if the negative background continues to push cryptocurrency prices down. P.S: Let's not say that we want these prices, but theoretically, they are real on the crypto market because the price of THETAUSD has grown from $0.04 to $15.88 in a year. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
38
THETA 1D Global idea, support and resistance levelsYour attention is the global idea on the THETAUSDT chart The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000% It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :) But we turn off the FOMO effect and continue to analyze the graph soberly. THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days. And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue. The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50 And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone. However, if you have an average or large deposit, the n to agrees our risk management, THETA should not take more than 10-15% into your portfolio. Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone. The critical level is $10. Below this level, a long and deep correction may begin. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30
TFUELUSDT another bullish reversal moveHey friends hope you are well. In my previous article on Tfuel I posted two charts. One was with US dollar pair and other was with Bitcoin pair. In both charts the price action of Theta fuel formed a bullish Gartley pattern on the 4 day chart. If we take a look at the Tfuel with US dollar chart then it has produced 108% profit so for and this trade has been executed successfully as the price action has entered in sell targets zone that I defined as per Fibonacci sequence of Gartley. Previous idea of Tfuel with US Dollar pair: Now if we take a look at the Tfuel with Bitcoin pair’s Gartley move idea then the priceline moved up from potential reversal zone and after more than 50% rally it is dropped down again in the PRZ level. Therefore this trade is still in progress and hope it will be executed successfully very soon. Previous idea of Tfuel with Bitcoin pair: The SMAs: Recently the price action broke down the 100 simple moving average support for a while. This moving average is working as a very strong support since after may 2020. This was for the first time that the price action broke down this level but soon candlesticks of Tfuel started moving above the 100 simple moving average. Now finally the price action has broken out the 25, 50, and 100 simple moving averages at the same time. We also have a long-term support of 200 simple moving average at a very long distance below the price action. The different support and resistance levels: Now if we take a look at the Theta fuel with US dollar pair daily chart again. Then after more than 108% rally the price action of Tfuel was moved down again in the potential reversal zone of the Gartley pattern. And after retesting the previous support at $0.008 recently it was moving within $0.01 to $0.008 level. Finally it has broken out the $0.01 level again. Now it can re-test the previous resistance of one cent as support and move up to the next resistance at $0.013. Another bullish Gartley move: Now if we switch to the long-term weekly chart then the price action of the Theta fuel with US Dollar pair has again formed and another very big bullish Gartley pattern and entered in the potential reversal zone. The buying and sell targets as per Fibonacci sequence of the Gartley can be as below: Conclusion: The priceline of Theta fuel is forming the different harmonic moves with Bitcoin and US Dollar pairs as well. In the meanwhile, we also have a significant event of test net smart contracts expected on 30th September. This even can be also helpful for Tfuel’s price action to achieve these targets. The price action might hit these sell targets before or after this event. This time the Tfuel has again the potential to produce up to 250% rally.
Long
by moon333
2