THETA AnalysisTHETAUSD is approaching a crucial point, it will likely break to the upside from this dominant position above the mean trendline of the current run
This breakout theory is exacerbated by the BTC pair which is retesting the top of a falling wedge, which is quite bullish for price and will likely result in a large bounce
I have not looked much into THETA technicals, this is my first analysis of the coin..
Thetalong
THETABTC Potential Long @ 0.00024000THETABTC Potential Long @ 0.00024000, upon successful retest of the 200MAs with strong candlestick and volume confirmation.
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#Theta Bull pennant - Swing Long $THETA $18 incoming. Entry - current Price
Stop - 9.40
Exit - $18
Leverage - 10 x
#Theta Analysis - Strong Bullish Pennant Formed (bulls in control)
4 Hour time frame analysis
Indicators - Bull Divs Locked in, reclaiming supports, bullish price action.
Set Up - Bullish Pennant (faked out to down side)
Fibs - Currently trading inside the golden pocket.
Price Target - $18
Theta possible new ATH???So THETA has made a new high and then dropped due to BTC dump.
Right now THETA has been making a higher low and forming a nice triangle which could lead us all the way up to 15 or all the way down to 7...
In my opinion, we wouldn't go down to 7... I think we would stop at 10.
Just watch the chart and also watch BTC!
If it dumps again... we all get screwed!
Set your stop-loss!!!
theta technical analysis 13th April 2021hey guys, quick technical analysis on theta, looking very nice and clean hopefully price respects the fibbonacci support area as price is currently in a symmetrical triangle approaching the support trend line very correctively anticipating a bounce from the lower trend line for a bullish move to the upside.
Best price you will ever get $THETA - Samsung Partnership - BUY$THETA has been climbing recently and for very good reason (Samsung Deal).
This is probably the best project we have ever seen come from the crypto space.
It has a little bit of a pullback they we likely never to see again at this price.
The TA clearly shows us it's trying to breakout again here with the MACD and RSI looking very good.
It will most likely bounce off the trend line here pictured and we'll never see the $6 range ever again.
WATCH VIDEO: Here is the Samsung - THETA video: www.youtube.com
THETA: www.thetatoken.org
THETA Is Set To Outperform ETHEREUM In The Long RunTheta is recently shining with its bullish price action and the fundamentals behind. It is sometimes better to look at your investments at a wider perspective and not worry about short term price price fluctuations. In 2021, THETA might possibly outperform ETHEREUM and make its investors happy.
THETA Heading Towards The Unknown TerritoryTHETA has upcoming bullish news for December 10, 2020 however, this is not the only reason why THETA is gaining bullish momentum. Fundamentals are very strong and THETA is gaining popularity among crypto enthusiasts.
This is the DAILY chart which gives a very clear projection of what is going on with the current price of THETA.
It is very soon that THETA will break 1 USD and hold it as support.
THETABTC Is Forming Bullish Shark | Upto 229% rallyHi my friends hope you doing good, there is another bullish wave possible by the price action of Theta token with Bitcoin pair as it is forming another harmonic pattern.
Formation of bullish Shark pattern:
This time on 6 hour chart the Theta token with BTC pair is forming a harmonic bullish Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern and its Fibonacci sequence should be:
Buy between: 0.00002320 to 0.00001555 sats
Sell between: 0.00003286 to 0.00005126 sats
Stop Loss:
The potential reversal zone area that is up to 0.00001555 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 229% and as per above mentioned stop loss, the loss possibility is 33%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.