#Theta is ready to move higher - Top of range $7.20 incoming. Hey Guys,
420 Investments Here with a 4 hour technical analysis update of theta.
Before getting into my analysis I will provide you with the trade details.
Entry - Current price action $5.86
Stop Loss - $5.72
Risk to reward - 7 to 1
Leverage - 10 x recommended or lower
As we can see #theta has formed a trading range and has currently dropped the bottom of the range, i am expecting theta to reclaim the range and head to the top of the range @ target 2 of $7.20 usd.
We also have formed a bullish falling wedge, with three touches to each side confirming it is valid, now we are looking for a break out of this wedge to give us confluence that theta will indeed head to the top of it's trading range.
The 4 hour has also recently shown a Swing Failure pattern reversal pin, showing bulls are trying to take control here.
Best of luck!
Thetatoken
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..
THETA - Correction Before Major UpgradeAnalysis:
- Fibonacci Retracement
- Support & Resistance
- Order Block Flow Analysis
- Market Structure
Target: $2.01
Opinion:
If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days!
I believe they will make another drop before this news is announced to wash out the paper hands
Once they are done correcting I will be looking for buys and I will do a follow up bullish markup
If you haven't done your research on this coin, I highly recommend you do :)
This is top 3 on my list for sure and I am so glad I am able to buy at discounted prices
Accumulate Accumulate Accumulate
TFUELUSDT | Previous goals have been achieved. Uptrend continuesAll previous goals have been achieved. Next target is ≈ $0.70!
Not investment advice. Just an idea.
Check out, please, my previous ideas and let me know what you think about them! All kind of support, opinions, comments are highly appreciated and help me look at the situation from a different angle.
THETA-BTC-DESCENDING WEDGE (daily view)Hello traders and investors!! So great to be here today, let's take a little journey and examine THETA📉👇👋
Price touched rims of wedge 4 times, and on the 5th bounce we broke the pattern and exited the wedge.😎
Now I see it possible that we can go to our targets.
QUICK REMINDER 😄🤨📌
Make sure to always use a stop loss 🤚🛑💲 when making trades.👏🆗👌
Consider we may get rejected here, rooting for the bulls.. here is why ⏬⏬⏬⏬⏬⏬ :
Call me crazy, but I have seen Theta pump when BTC is bearish🐻👍, im not missing out on this possibility.
(This chart is different than THETA USDT or USD, we are seeing bullish candles because this chart depicts THETA in relation to BTC price.. BTC dropping, THETA is stronger than the correlational effect that BTC has on it's price.)
This analysis is technical approach. I always recommend considering multiple factors when making any trade!
THETA mainnet launch was recently pushed to JUNE 30th (this month.) This is huge news for THETA and T-fuel .
Let's see and always remember ⏬⏬😉🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you for reading and trade safely!!!!
Jazerbay ☯
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.
_____________________
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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 - Squeeze of the MAsHere we see the daily logarithmic chart showing price has become squeezed by the support of the rising 1D MA50 and the resistance of the declining 1D MA20. Meanwhile the LMACD has converged to zero and is looking to cross bullish.
Which way will it break? Is it toward infinity and beyond, or a steep and sharp final capitulation?
Either the bottom is in, or there is one final leg down. Tell me what you think.
THETAUSDT Good BUY!THETAUSDT (2H Chart) Technical Analysis Update
Resistance line breakout
THETA/USDT currently trading at $11.35
Buy-level: Above $11.50 (only buy if 1h candle close above 11.50$)
Stop loss: $10.30
Target 1: $11.90
Target 2: $12.50
Target 3: $13.00
Target 4: $13.90
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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