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Thetanetwork

During a recovery from the 1-year low, should buy THETA coin?The theta network coin appears to be in recovery stage, just above the 2022 year's lowest trading zone. Theta coin is watching near the 50-day moving average after maintaining a price above the 20-EMA. Stoch RSI provides notification of overbought areas in the context of the daily price chart. Theta coin's daily price chart is trading above the 50-day moving average after the crypto price remained well above the 20-EMA line (white). The bulls need to cross the 50 EMA for further upside. The Theta Network coin is trading at 0.00007357 satoshis concerning the bitcoin pair, which is up 3.79% in the green zone. Stoch RSI is looking at the overbought area in the context of the daily price chart. At the time of writing, the values of the K and D lines seem to be above the 85-level. The Average Directional Index (ADX) is trending lower and the ADX is now at 7-point, suggesting extreme sideways territory for the Theta coin. Last night's bulls attempted to push the Theta network price higher but failed to close the daily candle above it. Now once again, buyers are aiming to manage the asset price above the 50-EMA. Traders should wait for confirmation above the bullish barrier before making any long positions. Resistance level- $4.5 and $6
Long
by TheCoinRepublic
THETA/USDT: Finally a pullback for a new entry.THETA was amongst the best performing coins considering the last 12 months. Finally we see some pullback for new entry opportunities. The upwards moving trendline did act very well as support so far. As gaming and streaming will become bigger and bigger also THETA is likely to increase in value. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
🆓Theta Network/USDT Analysis (25/4) #THETA $THETA8.5$ zone is a good zone to start accumulating THETA because it could have a recovery up to 11$ zone in the next few days or even 15$ in May. However, THETA still has a big change to move down to 7$ zone again or even lower as 5$ so we must know this risk 📅EVENTS 👉Mar 31 : NFT Marketplace 👉Jun 30 : Theta Mainnet 3.0 📈BUY -Buy: 8.4-8.8$. SL B -Buy: 10.7-11.3$ if A. SL B 📉SELL -Sell: 10.7-11.3$. SL if A -Sell: 14.6-15.4$. SL A ♻️BACK-UP -Sell: 8.4-8.8$ if B. SL A -Buy: 6.8-7.2$ if A. SL B -Buy: 4.8-5.2$ if A. SL B ❓Details Condition A : "If 12H candle closes ABOVE this zone" Condition B : "If 12H candle closes BELOW this zone"
Long
by CryptoStation
🆓Theta Network/USDT Analysis (26/3) #THETA $THETATHETA is under a strong selling force and it could be the end of THETA uptrend and THETA will move down to 7$ in early April if losing the 11$ zone. If there is a buying force at 11$ zone to help it conquering the 13$ zone, it will have a possibility to reach 19$ zone 📅EVENTS 👉Mar 31 : DEX Release 👉Mar 31 : NFT Marketplace 👉Jun 30 : Theta Mainnet 3.0 📈BUY -Buy: 10.7-11.3$ if A. SL if B -Buy: 7-7.35$ if A. SL if B 📉SELL -Sell: 12.7-13.3$. SL if A -Sell: 10.7-11.3$ if A. SL if A ♻️BACK-UP -Buy: 12.7-13.3$. SL if B -Sell: 18.5-19.5$. SL if A ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Short
by CryptoStation
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