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THETAUSD

THETA/USDT - Parabola broke, descending triangleTETHA had a crazy parabolic run doing a 3x! Now after we broke the parabola in yellow we are taking a breather and forming a descending triangle which suggest a bearish bias. Moreover, MACD is due to cross over in the negative, another bearish signal. If these are confirmed, then we're very likely to break down the triangle. Do NOT FOMO into this coin, at these levels you should take profit after entering in early December. Wait for the triangle to break before taking action. Bias is bearish for now. Like and follow!
Short
by DU09
THETAUSDT moving at right bullish trackHi friends hope you are well and welcome to the new update on Theta coin. Road map available now: 1st of all I would like to tell you that the road map of Theta coin is finally now available. Ichimoku cloud is strong bullish: On weekly chart, the price action is moving above the Ichimoku bullish cloud and the cloud is moved at the level of $1.45. The lagging span is also bullish and the conversion and base lines of the Ichimoku cloud indicator are also strong bullish. The EMAs: The exponential moving averages with the time period of 10 and 21 on the daily chart are also strong bullish. And the price line is using these exponential moving averages as support very well before the next bullish move. If the priceline will start a correction then it may re-test the EMA 21 which is at $1.58 at the time of writing. The simple moving averages: The simple moving averages with the time period of 25, 50, 100, and 200 have formed an opened alligator mouth as the smallest time period moving average is above all and the bigger time period moving average is below all. Therefore, unless this alligator’s mouth won’t be closed the bullish rally cannot be ended. Bull flags: On the small-time period 4-hour chart, the price action of Theta coin is forming bull flags consistently and as per the sequence of the current bull flag, the next imminent move can be upto $3.1. Conclusion: The price action of Theta is very strong bullish from short-term to long-term. At the start of the year 2020, the price of Theta was around $0.09 and at the end of 2020 it reached $2. So if this pace will be continued then theta can again surge more than 2600% and reach $50 easily.
Long
by moon333
3
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