THETAUSDT formed bullish Gartley | Upto 51.5% gains expectedPriceline of Theta / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09558 to 0.08378
Sell between: 0.10483 to 0.12712
Regards,
Atif Akbar (moon333)
THETAUSD
Risky Trade on ThetaBINANCE:THETAUSD
FTX:THETABEARUSD
Theta had a huge parabolic move of about 1,400% in the last 75 days, from about $0.04 USD to about $0.60 USD. And now, a big correction started two days ago.
The correction does not seems to be over, we had an initial down move, which I will call Wave (a), which clearly tracks 5 waves to the downside, and now it seems like we are making a bounce, which I will call Wave (b), which should consist of three waves, a,b,c, of which it seems we are missing wave c. After that, I will be expecting another 5-waves to the downside to complete Wave (c).
So, what I will try to do is to short around the $0.40 USD area this week, with a price target of about $0.20 USD. If I don’t get a chance to short around that area this week, I will not make the trade.
To do the trade I’m using my account in ftx.com , you can either go for the Futures, ftx.com , or the Bear Leverage Tokens, ftx.com .
On the ThetaBear Tokens, the idea would be to buy around $2,500 USD, and to sell them later at around $7,500 USD sometime next week. On the futures to sell at $0.40 USD and close them at $0.20 USD, 5X leverage max.
And since it is a risky trade, you are not supposed to put all your money in it.
Good Luck to You
Wait for a bullish accumulation and buy on the breakout on THETAHello Traders,
TETHA is on strong uptrend movement on the last couple of days and now felt some resistance, so we must wait for some bullish accumulation pattern or a stronger correction to enter in this asset, especially when BTC is PUMPING
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
THETA/BTC (Potential Relief Bounce?)THETA/BTC
-strong uptrend is now over
-upward trendline of support is already broken
-the price hits a previous consolidation area
-and immediate reacted to it as potential support
-if this drop will respect the 3400s as support
-we might expect a relief bounce to retest the trendline
-daily consolidation is right on the table now
THETAUSD Bear Elliot Wave CountFollowing the dramatic moves weve seen on THETA the last few weeks i thought il give it a go to chart this. To me looks like a clear impulse to complete a C wave of a flat correction . Bullish count would have this impulse as a larger wave 1, but would still mean we would see a hell of a correction. Be prepared if you are in a position right now.
#THETA/BTC 90% UP since Initial Entry, Now what?Welcome to this quick update my friends.
Theta has been doing great since our first entry. All of my charts have been incredibly correct.
I think Theta will keep growing until the mainnet on 27th May. It's better to keep booking profits and holding some portion till the mainnet.
The Rebuy zone is green box if you haven't entered yet.
TargetS are:
1920
2020
2141
SL: 1580
The targets given in the last update is also valid there's just little difference.
Please hit the like button if you like this update.
#PEACE
#THETA/BTC Right spot to longWelcome to this quick update.
You can see we booked almost 80%+ Profit on Theta already. It seems there's still fuel left in this trade.
Theta is just hitting the resistance zone.
Expecting a bit of retracement here.
If you bought the top or you're stuck with this trade here's the complete setup for you:
Once we see the retracement we can enter this trade:
ENTRY: 1480 TO 1540
TARGETS:
1820
1925
2080
2180
SL: 1428
Hit the like button and follow me for more updates.
I will soon post many profitable altcoin setups.
#Peace
ThetaUSDTheta update- trying to test .161
Closed my short position at break even and going to see if theta can continue this bullish run.
My thought is theta will fail .16 retest and if so, I will sell short 25% of theta position above .155 and look to re enter near support levels.
If theta breaks .161 then .17 is a possible TP target
THETAUSD updateTheta testing first line of support. .145
*In my previous update i called for .145 theta today
Before adding to my position I need to see how support levels hold (green lines)
Also need to see how btcusd performs as it is currently retesting 9300-9600
Any dump can lead to a bigger alt coin dump so safeguard your position w SL unless you are Theta HODL
Im still short from .155 USD and will keep updating when i plan to go Long Theta next with Entry & SL
Trade smart.
Follow for crypto trade set ups
THETAUSD Possible Scenario Looks like BTC is forming a classic bearish divergence pattern and going to retest lower levels.
(As long as BTC doesn’t clear 9500 soon)
That being said.
I would not be surprised if Theta retests .158 before correcting. Forming a similar pattern with btc.
I would not go long and try and scalp trade this because when and if BTC corrects.
You can get caught in a risky alt position.
I am placing a sell order @ .158
with a SL @ .165
Again looking to add to Theta position after correction.
JW
THETA BTC THETA USD 24 HR OUTLOOKPretty simple.
Im short theta at .155 USD and am looking to add more to my position after correction.
As you can see here theta looks to be trending down on btc which is trending down on the US dollar on a 4 HR trend.
I will keep updating this set up and provide long entry’s with SL if this plays out.
JW
THETA/BTC (Bullish Candle Breakout?)THETA/BTC
-strong breakout of descending trendline resistance
-daily candle must maintain above trendline resistance
-we need to see follow through the next candle
-bull cross of 50ma and 20ma
-upside potential is the swing high at 1800 sats
-our stoploss is below 50ma
THETA/BTC (New Local Bottom?: up to 35% profit)THETA/BTC
THETA bounced at the previous accumulation zone during the Jun-Nov 2019 trading history.
Also, a downward trendline of support is built which could act as immediate support if the price has to pull back again.
This will be our stop-loss area if this bullish scenario becomes invalid. The upside potential is up to 1400 sats or higher.
THETABTC Bullish Breakout Update and fresh setup hereTHETA/BTC now current price is 1582 Satoshi.
After hit our 1st and 2nd Targets we can see some retramecment
Retracement would be 1250-1350 Satoshi also posible.
I can buy more when it will come down.
because now I can expect retest at previous breakout support.
Support :1171/1266 Satoshi
Resistance : 1831/2625 Satoshi
And hope you also booked 30% profit from first entry.
I also booked.
So keep an eye on every update
And please like and follow me for latest crypto updates.
thank you