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THETAUSD

THETA can achieve $10 by the end of 2021Hey friends hope you are well, and welcome to the new update on Theta coin. The Ichimoku bullish cloud became more strong bullish: In my previous article we saw that on weekly chart, the Ichimoku cloud was changed bullish and the price action was at $0.27. Now, the price action has spiked beyond $0.91 and the cloud has become more strong bullish. While in this bullish move the price action is also breaking out the $0.80 long-term resistance, this resistance was first found in Sep 2020. Now we need the weekly closing above $0.80. Alligator’s mouth formation by SMAs On daily chart, the price action is moving above simple moving averages with the time period of 25, 50, 100 and 200 and all these SMAs have formed an opened alligator’s mouth. Long-term bullish channel: On weekly chart, the price action of Theta coin has formed an up-channel and moving very nicely between support and resistance of this pattern. If we take a look back in Jan 2020, then price of Theta was $0.09 and while moving within this channel at the end of 2020, now the price action has rallied more than $0.91, and we can expect that it will reach $1 before the end of Dec 2020, so it will be more than 1011% gain. Therefore, on average the theta is producing approximately 85% ROI. The year 2021, is considered more bullish in favor of alts, therefore if we conservatively think, that the growth of 85% will be consistently continued in 2021 then by the end of 2021 we can expect $10.
Long
by moon333
5
✳️Theta Token/USDT (20/11) View + Trading Plan #THETA $THETATHETA has increased 15 times this year and now it looks like it is declining and could definitely drop sharply in the near future. The closest support zone is the 0.55$ zone. And only once THETA conquers the 0.7$ zone it will continue to rise but resistances are quite close 📈BUY- LONG -Buy: 0.55-0.57$, SL if B -Buy: 0.48-0.50$, SL if B -Buy: 0.40-0.42$, SL if B 📉SELL-SHORT -Buy: 0.55-0.57$ if B, SL if A -Buy: 0.48-0.50$ if B, SL if A -Buy: 0.40-0.42$ if B, SL if A ♻️BACK-UP -Buy: 0.68-0.70$ if A, SL if B -Sell: 0.75-0.77$, SL if A -Sell: 0.83-0.85$, SL if A ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Short
by CryptoStation
THETAUSDT - False break out against the trendPreconditions: Entry could be into trend direction or against. Entries into trend direction have bigger priorities. Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better. Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR. The price moved many days towards the key level without decent pullback or range. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Short
by Yuriy_Bishko
6
THETA/USDT (Retest Key Support Again)💎Technical Analysis Summary💎 BINANCE: THETAUSDT -THETA broke its local support are around $0.60 -If the 4hr candle closes it will signal a Bearish momentum -The downside target is its key area of support at $0.55 -Let's see if the Bulls can bounce from a key area if it gets tested A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
6