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THETAUSD

THETA/BTC (Retest Important Key Support?)💎Technical Analysis Summary💎 BINANCE: THETABTC -Theta Token failed to create a Higher High -The price rejected at around 7000s sat area -It will likely to retest the key support area around 6200s sat -That would be a sign of weakness and the Bears might enter the market -So please be cautious buying at key support -Use proper stop loss location and follow your trading plan A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` 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
12
Theta Looking Heavy — 20% Drop Incoming?The current 2-day candle is attempting to covere the previous 2-day candle, known as a dark cloud cover. If it does by close of the candle tonight, it's a fairly bearish formation suggesting the chart would still technically benefit longer-term with a further price drop. Touching around 55 cents would confirm the previous resistance level as support. So a 20% drop from today's price is more than reasonable as per the current price action. - Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
BINANCE:THETAUSD
by Sparkster
1
Theta surged again more than 295% |We should keep an eye on thisThe priceline of Theta followed the previous predictions that I shared with you and sofar it has produced more than 295% bullish rally: On daily chart the priceline of Theta is moving in up channel and at the moment it is hitting the resistance for breakout. The price action has also broken out simple moving averages with the time period of 25, 50, 100 and 200. On 4 hour chart the priceline is in a perfect up-trend line and at the top it formed a Head & Shoulder pattern. But could not break down the support of up trend line. On daily chart the priceline is using EMA 10 and EMA 20 as good support. For good exit point we can use the combination of EMAs, MACD, Stochastic and momentum indicators. If they will give bearish signals with complete synchronization with each other then it can be taken as a sell signal: Conclusion: Even though the priceline of Theta is very strong bullish. But we should keep an eye on the support of up channel and different indicators as mentioned above. If the support will be broken down and indicators will turn bearish then the trend can be changed from bullish to bearish.
by moon333
THETA/BTC (Strong Uptrend)💎Technical Analysis Summary💎 BINANCE: THETABTC -Theta Token still trading on an uptrend channel -The upward trendline of support still valid -Currently, it is forming a small descending wedge -If a breakout to the upside happens, the target is the recent top -As long as the upward trendline is holding -The Bulls have control of this market `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
15
THETA vs BTCTheta has been on a tear for the past while. But how strong is the momentum, will it continue, and how does it stack up against BTC? Despite relatively low volume, THETABTC has skyrocketed 75% this month. There is a concern that low volume could indicate a pullback, however overall this is clearly a strong move and paints a good picture for Theta to maintain its bull trend longer term. Theta has exceeded its previous highs which means its in 'price discovery mode' and we're only at the very beginning of the expected 2020/21 bull run, which means Theta could be a very strong performer. Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Long
by Sparkster
THETA/BTC (Testing Important Fib Resistance)💎Technical Analysis Summary💎 BINANCE: THETABTC -We can see multiple rejections at the last Fib resistance area -And Theta Token is trying to break above 0.786 -This is Bullish if the daily candle closes green -Provided it can hold above resistance area for at least 5-7 days -But I don't want to be optimistic at this level -Because of the warning signs like RSI, price action, low volume, & pattern -Yes, the price may still increase by up to 16% -But on the risk to reward perspective, it is not good -I would rather wait for a trendline support retest -Before looking for a Bullish/Bearish trade idea `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
14
#Theta #Token #BreakOut & #OpenSky? #tradingviewTheta token looks like a classic break out. At the moment the double top is taken out of the market. It is important to close above the breakout level. Ideally the breakout should be followed by a retest of the breakout level of the top. Charttechnically there are no hurdles and therefore OpenSky is possible. However, resistances could build up at 0.77-0.78 as well as in the range 0.95-0.96. Greeting from Hannover Stefan Bode
Long
by StefanBode
5
THETA/BTC (Sign of Weakness?)BINANCE: THETABTC -Theta Token is trading inside an ascending channel which is Bearish -And a potential Bearish Double Top reversal pattern -The pattern still unconfirmed until the base neckline is broke down -Also, the upward trendline of support still intact -If you have a swing position from the start of its uptrend channel -Please take profit now and move your stop loss at key levels -Because can see signs of weakness especially the RSI and low volume `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
10