THETA BREAKOUT: new ATH coming this week!THETA just broke out of its bullish triangle with a new ATH as a target.
BREAKOUT CONFIRMED:
- Good volume
- Retested resistance as support.
- MACD cross
Big move incoming, lets go!
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
THETAUSD
Theta Network (THETA) - April 3 Hello?
Dear traders, nice to meet you.
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We need to see if we can get support at the 11.70032876-12.28271372 section and move up along the uptrend line.
If you decline at 10.53555876, you need a short stop loss.
In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line.
It is important to get support above the 11.22403904 point.
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(THETABTC 1D Chart)
We'll have to see if we can get support on the 0.00019655-0.00020591 section and climb along the uptrend line.
If you fall from the 0.00017785 point, you need a short stop loss.
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If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In this market situation, if you enter along with rising prices, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with same-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point.
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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, 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)
Insanity of Theta to be continuedAs Theta had already a mesmerizing 120x from the bottom.. there's still more going on..
The 3 pink boxes are 3 fractals following up each other with a turning direction. If those fractals, mostly wedges turn from descending to ascending, there's mostly an outbreak at the end which could be quite wild to the upside. I foresee a level of 20 usd manifesting in a short period of time.
If not.. there's a longer consolidation, but it doesn't seem like Theta is willing to correct more atm.
Only bitcoin could mess with the charts.
THETA has plans for youSame old story with THETA; breakout to the upside out of a huge triangle; expecting a decent pump in the next 5 days.
Expecting a good bounce for BTC at 54K area and a new leg up; THETA will follow and outperform BTC together with other major alts. Targets in the chart.
IMPORTANT: This is not financial advice, trade or invest at on your own risk and research.
#THETAUSDT Triangle Breakout, 50% potential Profit!Welcome to this quick trade setup.
THETA broke out of the triangle and currently it is retesting the support.
I am expecting a 50% pump from here.
ENTRY : $11.96 to $12.75
Target :
$13.67
$14.85
$16.45
$17.22
Stop Loss : $11.23
Do your own research before taking this trade.
Do hit the like button if you like my updates.
Thank you
#PEACE
THETAUSDT Expecting big up move!THETAUSDT (4H CHART) Technical Analysis Update
Symmetric triangle breakout
THETA/USDT currently trading at $12.60
Buy-level: $12.00- $12.60
Stop loss: Below $11.30
Target 1: $13.60
Target 2: $14.75
Target 3: $17.00
Target 4: $20.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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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.
_____________________
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THETA 32% rally in jeopardy as immense resistance emerge at $14
THETA rallies towards all-time highs following a bounce from key support at $10.
The MACD has a bearish impulse, suggesting that THETA would correct toward the 50 SMA.
THETA is among the few double-digit gainers in the cryptocurrency market. This token has had a tremendously yielding first quarter of 2021. THETA has quickly grown from a less known cryptoasset, making it into the top ten. It has a market cap of $13 billion and is holding the eighth position in the market.
At the time of writing, THETA is exchanging hands at $13.12 after meeting acute resistance at $14. Holding above $13 will ensure that the accrued gains are not lost and guarantee stability in the market. Note that buyers have their eyes glued on $15, the current all-time high.
On the flip side, massive declines are likely to come into the picture if the token fails to hold at $13. Tentative support areas include $12 and the 50 Simple Moving Average (SMA) on the 4-hour chart.
The Moving Average Convergence Divergence appears to validate the correction. This is a momentum oscillator utilized in trading trends but rarely used to identify overbought and oversold conditions.
The indicator manifests on a chart with a couple of trendlines oscillating with no boundaries. Note that the crossover of these two lines is a trading signal resembling that of the moving average system.
It is essential to keep in mind that crossing above the midline (zero line) is regarded as bullish, while crossing below the same line is bearish. Moreover, when the MACD line (blue) crosses above the signal line, it is bullish. On the other hand, the trend tends to flip bearish when the MACD line crosses under the signal line.
Therefore, THETA is most likely to incur losses instead of continuing with the rally in the short-term.
THETA intraday levels
Spot rate: $13.1
Relative change: -0.05
Relative change: -0.2%
Trend: Bullish
Support: 50 SMA on the 4-hour chart
Resistance: $14
Theta Network (THETA) - March 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We need to see if we can get support from 11.9546-12.5496 and climb above 14.3345 points.
If it falls, you need to make sure you get support at 10.5281.
If you decline in the 8.9797-9.5747 range, you need a short stop loss.
The next volatility period is around March 27 (March 26-28).
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(THETABTC 1D Chart)
You need to make sure you get the support at the point of 0.00023397.
If it falls, you need to make sure you get support in the 0.00019655-0.00020591 range.
Due to the sharp rise, it may fall to the 0.00014978-0.00015914 section, so careful trading is necessary.
If it falls between 0.00014978-0.00015914, a short Stop Losss is required.
-------------------------------------------------- -------------------------------------------
** 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)
THETA QUICK SCALP :)Don't want to be holding onto anything for too long with the choppy conditions BTC is presenting us currently, however THETA has been one of the few projects that has held up well and recovered strongly. We can see its primed for another wave up at the moment!
Wanting to take profits just below the 4hr trendline.
S/L: 10.95
TARGET 13
IS THETA a forward indicator for the rest of the market??this is just an idea. don't take it to heart. just a thought.
THETA has had an absolutely phenomenal run so far.
from bottom to the top basically did a 150X.
very impressive.
However, I do believe that it's done. Its completed its run up. for now at least.
I count 5 major waves, and if you actually look inside each of the waves, you can actually count out another 5 waves. the 2W chart don't show the individual waves as clearly, but if you look at the weekly you can count 5 smaller waves within each of them.
and the waves are valid because the 3rd wave isn't the shortest, theres a 1.1 ratio of the 3rd wave vs the 1st wave so this count is valid.
Additionally, rising wedge on 2W RSI.
I dunno bout you boys, i reckon this is done.
1st major support round:
- $3 range. ranges are pretty broad coz they're weekly OBs.
then
- $2 range
then
$0.70
$0.40
$0.26
this is crypto after all, tbh, I wouldn't be surprised to see $0.70 again, but then again. wth do i know.
im just a joker boys.
Maybe this is a sign of what is to come to crypto? we'll see, i'll be watching this thing though
THETA/USDT - On the moon, can we fall down?Theta is officially on the moon after doing a 300x since March 2020. Crazy right? Only crypto can provide such returns.
Now that we look at the chart and where we are I see a massive wedge forming on this raising parabola. We can still pump nicely a bit, but there is not much room left. Maybe Theta can do another 1x to reach $20, but after that its likely we will turn back and correct some.
This is not the time to buy or FOMO, but slowly secure profits as we go up and especially if the yellow parabola breaks.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
$THETAUSD - Long on the triangle breakoutHello everyone!
Theta is looking to escape the triangle and continue uptrend.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.