THETAUSD
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 Network (THETA) - May 22Hello?
Dear traders, nice to meet you.
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Please also click "Like".
Have a good day.
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(THETAUSD 1W chart)
(1D chart)
It remains to be seen if it can rise above the 6.75133141 point along the uptrend line.
If it falls this way, you can touch the 4.33578821 point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 8.78208911 point and be supported.
The next volatility period is around May 25th.
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(THETABTC 1W Chart)
(1D chart)
We must see if we can quickly ascend above the 17437 Satoshi point.
If it falls this way, you can touch the 13341 Satoshi point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 18665 Satoshi point and gain support.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
THETA - Risky (As you asked)Most of the time I can do a trading setup for coin easily, but this time I tried to find a setup for THETA but it's really not worth it.
The whole THETA market looks bearish and risky. so I'm just gonna tell your about the support and resistance areas.
There is a small support line on the chart which might keep the price up, but if broken: the price will land on the "main support" area.
and also the same for the resistances... The price might cross the local resistance if the volume builds it up but it will definitely have a difficulty crossing the main resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
Altcoins Update: ThetaVolume and Price action shows:
Target 1: 29
Target 2: 71
Target 3: 160
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
Great buy opportunity in THETA🚀Hello guys
As we can see price was moving in an Ascending triangle from few days and now it confirmed a Breakout by pushing its price above the Green Resistance box and closed above it.
- Could enter right now or wait for the price to Retest the Green Support area.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit: $14.48 or Trail it with a Trailing SL.
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Happy Trading
Picks of today! 07/05/20211, VeChain!
VET has been sleeping for a while. BTC and ETH pair looks ready to take off!
2, Theta Token
Theta has been drowning because of BTC dumping. RIght now it looks ready to go. I wanted to aware you a bit earlier but the movement is just to quick.
3,BTC
This is the most crucial one! (not the most profitable)
I think we can move to 60k pretty soon! You better watch out!
Theta Network (THETA) - May 3Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(THETAUSD 1D chart)
We must see if we can move above the 11.22403904 point and break off the downtrend line.
If there is a movement above the downtrend line, it is expected to continue the uptrend.
If you fall from the 8.78208911 point, you can touch the 6.75133141 point or less, so you need a Stop Loss to preserve your profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
On the CCI-RC indicator, the CCI line fell below 100 points.
It remains to be seen if the CCI line can rise above 100 points.
If the CCI line does not rise above 100 points, there is a possibility that it will turn into a downtrend, so careful trading is necessary.
--------------------------------------
(THETABTC 1D Chart)
We need to see if we can get support at the 19486 Satoshi spot and get off the downtrend line.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls, we need to make sure we get support in the 17437 Satoshi-19486 Satoshi section.
If it falls at the 13341 Satoshi branch, Stop Loss is needed to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
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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THETAUSD Strong long-term buy signalPattern: Channel Up on 1D.
Signal: Buy as the price rebounded within the 1D MA50 (blue trend-line) MA100 (green trend-line) zone, which has been the strongest buy signal since June 2020. Confirmation when the LMACD forms a Bullish Cross.
Target: 115.000 (just below the 3.5 Fib extension and the 1.5 Fib level of the Channel).
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THETAUSDT breakout!THETAUSDT (1H CHART) Technical Analysis Update
THETA/USDT currently trading at $9.37
Buy-level: $9.20- $9.40
Stop loss: Below $8.45
Target 1: $9.98
Target 2: $10.60
Target 3: $11.33
Target 4: $12.35
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.