THETAUSD
#THETA/USDT 1HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this THETA/USDT 1hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see from the above-mentioned chart that THETA/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, theta retested the neckline and pumped we can take re-entry at
Entry:- $$3.20,$3.25
Traget:- 15% 20%
Stoploss:- $3.15
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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Thank you...
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
THETA - You need to see this level! 😎- BTC bullish
- Trend bullish
- 5th touch, a couple of undertouches
- Level visible on daily timeframe and under
- Over VWAP
- ATR 37
- Volume at bottom
- When print goes faster and base on 5m tf will near the level will appear, I'll enter
Close by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
The rest we keep to reach maximum potential
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
There is a Short opportunity on THETAUSDTBased on technical factors there is a short position in :
📊 THETAUSDT
🔴 Short Now 3.138
🧯 Stop loss 3.320
🏹 Target 1 2.900
🏹 Target 2 2.650
🏹 Target 3 2.310
💸Capital : 1%
We hope it is profitable for you ❤️
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THETA is able to reach 3.8$ now!THETA has Done a Break out Since Last Time we Spoke about It ! It was in a Descending Triangle But The Bullish Break out Has Happened & The Scenario Has been Changed ! Target & Resistance For Now Is 3.8$ Support Sits around 2.4$
Previous Analysis
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Have a nice day and Good luck
THETA DECISION TIMEHello everyone,
Theta weekly timeframe is offering a good setup and all biais are showing green as well with BTC pushing higher too!
Over the past week we saw theta developping a higher low on the weekly TF and if we manage to clear that descending trendline we have been rejecting since November 2021, i believe we can see Theta retesting the $6-$7 in the coming weeks/months.
Theta Will Bounce SoonTheta Network is a solid one, with good fundamentals.
Metaverse, NFT's, Streaming, DeFI incoming, etc.
For now it's down 80% from ATH of last year. It's possible to have a rebound till 6$ minimum if btc settles in this area for a while.
Starting to accumulate at 3$ and below, till 2$.