Theta Looking for a Rebound!!?Theta has been steady rising since the end of september but currently is feeling the heat like the majority of the market due to BTC slightly dropping! We are currently approaching a very heavy support zone and i think it is pretty likely that we get a bounce coming up soon, first we have the support coming from the midline on the bollinger bands, then we have uptrend support coming from the end of september, then support at 6.9$ (USD), likely support at 6.7$ but don't wanna cram the chart, we got the 0.2 FIB level (heavy) and finally very heavy support at 6.1$. So as you can tell we have a ton of big support zones coming up soon so there is a good chance we do see a rebound off one of them, of course though if BTC decided to spike down Theta would likely fall sharply aswell. The MACD isn't looking fantastic, we are seeing a bit of separation right off the bat with the orange MA starting to trail off from the Blue, we want to see the blue stick close to the orange and ultimately get that bullish cross, being too far spread out means it will take a ton more for us to actually get the bull cross, now the histogram is on its second red bar in a row and it has grown bigger from yesterdays and thats not a great sign it shows the bears momentum is increasing but ideally we want to see the bars flatten out and eventually shrink day to day all the way to the midline where we are going to then enter the green zone. Part of the reason i think we are due for a bounce is because on the RSI we also have very heavy support that we are actually currently rebounding off of, we are curling upwards off the first support line we have drawn and then even if we do see more downside we have strong uptrend support and then the midline just below that! Very good chance we see this rebound happen either now on the RSI or when we breakdown to the second and third support levels. The most important thing on the RSI is that we remain above the midline and don't fall below and get stuck underneath, this would put us in a confirmed downtrend and of course that would not be great so we must stay above this level and remain in an uptrend! Not financial advice just my opinion!
THETAUSD
THETAUSDT beginning of the new uptrend!THETAUSDT (1D Chart) Technical analysis
THETAUSDT (1D Chart) Currently trading at $8.3
Buy level :Above $8.1
Stop loss: Below $5.4
TP1: $9.6
TP2: $12.7
TP3: $16
TP4: $23
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
THETA - is going to skyrocket 🚀🚀On the THETA chart, it is worth highlighting the trend line, which acted as resistance. This resistance line is now strong support after it has been broken.
Locally, the formation of a symmetrical triangle is worth highlighting. The price broke through the upper boundary of the triangle and according to the rules the target for the breakout is 26%, just the first area of profit-taking.
There could be a good buying opportunity in case of a retest of the trend line.
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.
THETA A LITTLE BIT OF CORRECTION AND A MOVE UP POSSIBLE!Here's the new idea on Theta updated from the last post!
Theta is still following my idea but it is possible that we go for a little bit of correction and retest the 200EMA on 4hr and daily.
Theta can be bought again if we go below $7, dips are for buying as long as we're holding the uptrend :-)
If you've liked the idea please give a like!
THETA LIVE ANALYSES! Going exactly as planned...Here's the live THETA analyses on your requests guys!
Theta is still looking bullish but we'll need some rest and a few more corrections before the next leg up. We're amazingly 25% up on our last Theta trade that was posted on OCT 23rd.
Theta is still following my idea but it is possible that we go for a little bit of correction and retest the 200EMA on 4hr and daily.
Theta can be bought again if we go below $7, dips are for buying as long as we're holding the uptrend :-)
If you've liked the idea please give a like!
Theta Network (THETA) - November 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(THETAUSD 1W Chart) - Mid-Long-Term Perspective
Above 2.9437615 point: Expected to create a new wave.
(1D chart)
First resistance section: 8.6007292-9.6692416
Second resistance section: near point 12.8774792
Support section: 3.2581665-4.3266790
The section 6.4637041-7.1677951 is expected to play an important role in this ascent.
Therefore, if the price is maintained above the 6.4637041-7.1677951 range, the uptrend is expected to continue.
If you fall from the 6.4637041-7.1677951 section, you can touch the support section and need a short stop loss.
However, the move may follow an uptrend line, so you should respond with a short-term trade.
A move above the 8.3238958 point, i.e. above the first resistance section, is expected to accelerate the uptrend.
-----------------------------------------
(THETABTC 1W chart)
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
THETAUSDT - Entry timingBYBIT:THETAUSDT
4H trend chart
-
THETA has build a double bottom after falling from 8.598
Now it broke out the neckline which is 7.930
If price can stand firm here, trading strategy as below.
-
Profit Targets:
a) 8.210~8.323----Fib(1.272~1.382)
c) 8.567----Fib(1.618)
d) 8.960----Fib(2)
Stop losses:
a) 7.040-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
Trading Signal For THETAUSDTTrading Signal:
A Trading Signal is seen in the THETAUSDT Theta Token
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 6.70
⭕️SL : close below 6.35
🔵TP1 @ 8.25
🔵TP2 @ 9.95
🔵TP3 @ 13.15
previous signal
If you liked our ideas, please support us with your likes 👍 and comments .
THETA symmetric triangleOn the week, THETA is in a Symmetrical Triangle and on the basis of the Bollinger Band we can see that the volatility has decreased and so we have to wait for a solid movement. perhaps the *Theta version 3.1.2 release, which will run at block height 12,749,952, at the latest somewhere next Sunday at 6pm Pacific Time, will take care of that movement.
On the 2 hour chart, the course is during the ride to the Cup n Handle target (very lightly marked)
ended up in an Ascending Broadening wedge whose dotted line is the 100% price target (about $6.40).
Because there may be a hidden divergence, the price could give a small rebound, which could possibly be a re-test on the decline in the pattern. Should this play out, a Head and Shoulder pattern could arise which doubles the decline.
Don't forget that we are looking at the 2 o'clock here and that we are heading towards the ridge of the Symmetrical Triangle just mentioned on the week.
a drop would mean looking at the bottom of the triangle again. In case the bulls react so strongly to the just discussed hidden divergence, that could be an attempt 2 to get through the resistance of the symmetrical triangle.
Keep calm, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
THETA Ascending Broadening Wedge
On the week, THETA is in a Symmetrical Triangle and on the basis of the Bollinger Band we can see that the volatility has decreased and so we have to wait for a solid movement. perhaps the *Theta version 3.1.2 release, which will run at block height 12,749,952, at the latest somewhere next Sunday at 6pm Pacific Time, will take care of that movement.
On the 2 hour chart, the course is during the ride to the Cup n Handle target (very lightly marked)
ended up in an Ascending Broadening wedge whose dotted line is the 100% price target (about $6.40).
Because there may be a hidden divergence, the price could give a small rebound, which could possibly be a re-test on the decline in the pattern. Should this play out, a Head and Shoulder pattern could arise which doubles the decline.
Don't forget that we are looking at the 2 o'clock here and that we are heading towards the ridge of the Symmetrical Triangle just mentioned on the week.
a drop would mean looking at the bottom of the triangle again. In case the bulls react so strongly to the just discussed hidden divergence, that could be an attempt 2 to get through the resistance of the symmetrical triangle.
Keep calm, trade safe and manage your risk.
(Disclaimer: This is not financial advice)
THETA - $21.81THETA is trading above the support zone of $6.78. If it stays above this support zone, we could start seeing a move towards $7.12, $7.94, $8.68, $9.10 and $10.59. If the resistance at $10.59 breaks, we could start seeing a much bigger run towards $14.87 and $21.81. Failure to hold the support at $6.78 could lead to a drop towards $6.30, $5.98 and $5.29.
THETA - POTENTIAL GEM WITH BIG GAINS!Hey everyone. THETA is a coin I've researched a little although I'd like to research more. So far I'm very interested and I know there is a strong community here of supporters.
This chart is not intended to be as accurate as the others I usually post BUT what I do see here is BIG TIME POTENTIAL! It looks like it's on the verge of a breakout right now with potential to complete a giant Inverse Head & Shoulders pattern along the way.
The MACD is right in the sweet spot on the 4HR, DAILY, AND EVEN THE WEEKLY. If THETA can break upwards past the green resistance area then the MACD will be more confirmed because right now it's turning up just above the 0 line which is usually very good AS LONG AS THE UPWARDS MOMENTUM continues and BULLS CAN REALLY GET A HOLD here.
Like I said, I don't have as much confirmed information as I'd like to have right now but as the chart progresses, more data will become available to analyze. The MACD looks promising though, combined with the current bullish market.
ITS DEFINITELY ONE TO KEEP AN EYE ON and you can decide for yourself whether to buy and where to buy in. I put a couple ideas on the chart. Hopefully this green resistance gets broken here in the short term and then the situation will look much better and I will have more confidence in it playing out.
What do you guys think?
I'll have some more charts up in a bit. Its the weekend so I DON'T EXPECT BTC to do much besides sideways action, HOWEVER we are overdue for one of those ODD weekends where it happens and creates a CME gap... that's another story
Anyways, hope you like it. Take care.
Theta near it's resistance, what can we expect ?* Theta is in tight consolidation of Symmetrical triangle, where the above Descending trendline is working as resistance and the below ascending trendline working as support for the price.
* Currently theta is trading around it's resistance. We can expect a huge bull rally it is breaks the above trendline.
* The price may even drop till the below support and bounce back to break the resistance.
THEATUSDT : Are you ready to be H&S pattern ?
Finally ,it broke out the short term downtrend and the short term TP1 is 7.0135
If it can break out the neckline ,trading strategy as below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
THETAUSDT - Buy after stand firm here!BYBIT:THETAUSDT
1H trend chart
-
THETA just broke out and retested the short-term downtrend line(orange line)
Also broke out the long-term downtrend line.
Now, a triangle is forming from the blue horizontal ray and uptrend line.
If price can stand firm at 6.434(blue ray) or 6.147(Fib_0.618) , trading strategy as below.
-
Profit Targets:
a) 7.068----Fib(1)
b) 7.724~7.798---Fib(1.272~1.382)
c)9.479-----Fib(2)
Stop losses:
a) will provide it later
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
Theta Network (THETA) - October 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(THETAUSD 1W Chart) - Mid-Long-Term Perspective
Above the 1.9172981 point: the uptrend expected to continue
Above 4.3357882 point: Expected to create a new wave.
(1D chart)
First resistance zone: near 6.4637041
Second resistance section: 8.6007292-9.6692416
Support section: 3.2581665-4.3266790
We need to break above the first resistance zone and see if we can find support above the 6.9164138 point.
If not, you need to check whether the price is maintained in the range 4.3266790-6.4637041.
If the price declines from the support zone, a short-term Stop Loss is required as further declines may occur.
However, it may touch near the 1.9172981 point and rebound, so you should think about how to react.
To accelerate the uptrend, it needs to rise above the second resistance section.
------------------------------------------
(THETABTC 1W Chart) - Mid-Long-Term Perspective
Above the 0.0000405-0.0000523 section: expected to continue uptrend
(1D chart)
Resistance section: near point 0.0001237
Support period: 0.0000671-0.0000860
If you look at the chart of the BTC market, you can see to some extent whether the price can rise when the BTC price moves sideways after it rises.
When the BTC price rises, the price of the tokens traded in the BTC market naturally decreases.
However, tokens that show support in a certain section of the BTC market token price or show an upward trend are more likely to show a sharp rise when the BTC price moves sideways.
If you look at the THETABTC 1D chart from this point of view, it is maintaining a downtrend, so when the altcoin bull market starts, there is a high probability that the price will rise in the second order.
Among the indicators used in my chart, there are indicators that can confirm the trend, but I think that by checking the chart of the BTC market like this, you can see the trend more accurately.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
New pattern and new plan in THETA 4h
In last post about THETA it went down after hit TP2 and retest the support .
There is a potential H&S pattern in the chart.
If it can break out the downtrend and we setup the new plan
SL:5.915
TP1:7.013
If it break out the neckline and H&S will be confirmation .
We can hold and wait for next targets below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
THETAUSD D4: THE BEST Level to BUY/HOLD 700%+ gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
THETAUSD D4: THE BEST Level to BUY/HOLD 700%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: THETAUSDT D4 chart review
::: updated/revised outlook
::: overall strong chart
::: BULL FLAG pattern
::: focus on buying lower later
::: final swipe lower possible/likely
::: but then expect MASSIVE GAINS
::: chart looks good /strong
::: still valid today / great setup BULLS
::: BULL FLAG setup with massive upside
::: still expecting pullback off the highs
::: get ready to BUY LOW later
::: accumulation in range previously
::: then we had 650% gains PUMP
::: we had 2 pumps already before this
::: 650% pump - pullback
::: then 650% pump and now pullback mode
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +700% gains later
::: expecting decent gains soon
::: 30-40% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +700% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.