THETAUSDTTHETA/USDT on both the daily and the 15 min, there is a brutal oversold with RSI below the neutrality level. In the diary, a triangle was formed where Theta is already in the narrowest part, graphically indicating an upward rupture. The volume of this pair is very high and Theta is a high-octane coin as it will be the first blockchain to run 4k streaming. Impulsive kick in sight!
Thetausdt
THETAUSDT 4HProjecting a trend-based Fibo retracement we have a resistance at $1,303 which is confirmed with MM200 and then $1,378. We are in an overbought region and can visit the $1,048 level, making a triple bottom (We made a double double bottom on July 13, 2022 and September 7, 2022.) before going for the respective resistances. if the LTB (downtrend line).
THETA is undervalued, out of its fair price. Theta is a native blockchain with an open source protocol, which means it allows developers and partners to build decentralized applications on the network, like Ethereum does.
It is a decentralized peer-to-peer video delivery network powered by blockchain technology that enables free delivery of high-bandwidth content. As users watch videos, some of their computing power is leveraged to relay those videos to other users, with top users earning tokens as a reward.
THETA usdt Risky businessbtc is doing it's thing so no trade is safe today.
however, theta has a nice setup.
i will look for a long at 1.111
and i will exit at 1.219 at about 10% profit.
since this is clearly a very dangerous trade,i will set a stop loss at 1.085 which is less than 2.5%.
i wont wait for candle closes,simple stop loss order because btc is not acting normal today
since the risk is small,i will use 2x on this one
also,aion from 4 hours ago did great so we some money to spare.
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THETAUSDT: Long Signal Explained
THETAUSDT
- Classic bullish setup
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long THETAUSDT
Entry Level - 1.225
Stop Loss - 1.013
Take Profit - 1.544
Our Risk - 1%
Start protection of your profits from lower levels
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THETAUSDT:D1Hello friends
📉Based on the chart: Important levels are marked
.We also expect movement: the size of the width of the broken range
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