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Thetausdt

Theta Breakout on the Horizon!!?Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake this current resistance level we have tested it multiple times and weakening it day after day recently! Now for support we are looking good we have the midline on the pivot bands which i will talk about next but we also have underlying support outside of this triangle, so a false breakout and bounce back in wouldn't be unheard of either. Now the pivot bands, same as the bollinger bands our midline currently serves as support and same goes if we break below it will then be resistance. But my main point with this indicator is that if we do slip out of the bottom of this triangle we will most likely see a bounce back in shortly after, price action touching the green band over and over shows a bounce is likely coming and vise versa with the red top band. Now our RSI is looking bullish aswell, we are finally above the midline once again and this reclaims a confirmed uptrend if we can hold above the 50. the midline serves as support aswell as the yellow SMA which is closely tailing the RSI slightly underneath! Overall we are looking bullish like the majority of the market and i think a breakout to the upside of this bullish triangle is likely coming soon in the next week or a bit more! Not financial advice just my opinion!
Long
by JacobR905
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has broken the R1 resistance and is making a pullback to it. It would be a good place to buy and save your profit at the R2 line. There is also the S1 support line which the price has reacted to before and would be a good place to buy. It is likely for the price to come a little lower and then, if Bitcoin is stabilized, pumps to the R2 resistance. If R2 is also broken, the price will go higher and we will update our analysis. The next target it could see would be $7.678. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals
Theta Network (THETA) - February 12Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (THETAUSD 1W Chart) (eng) If the price is maintained above the 1.9172 981-2.9437 615 range, it is expected to create a new wave. The price needs to rise above the 4.3357 882 point to hold the price in order to turn into an uptrend. If it declines from the 1.9172 981 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required. If it moves above the 4.3357 882 point and breaks out of the downtrend line, I expect to find primary resistance near the 6.9164 138 point. (1D chart) First resistance section: around 6.4637 041 Second resistance section: 8.6007 292-9.6682 416 Support section: 3.2581 665-4.3266 790 The trend is expected to continue out of the 2.9437615-4.8165031 section. -------------------------------------- (THETABTC 1W chart) If the price holds above the 0.0000 753 point, it is expected that it will lead to an uptrend to create a new wave. However, to convert to an uptrend, it must rise above the MS-Signal indicator. Therefore, it should rise near the 0.0001243 point. Movement around the week that includes February 28 should see if we can break above the MS-Signal indicator above. If it rises above the 0.0001 243 point, I would expect it to rock up and down on the 0.0001 243-0.0001 473 section. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, 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 be able to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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. (Since it was not disclosed, 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.) ---------------------------------
BINANCE:THETAUSD
by readCrypto
#THETA/USDT, facing dynamic resistanceFundamental: Theta is one of the assets which working on streaming, due to increase requests for streaming service specially after COVID, invade our world, this kind of decentral streaming platform might face a high demand in future. Technical and Trend analysis: The price face high overbought saturation on 2.5$ and price beautifully react to PRZ and start a bullish divergence, however Theta have a strong dynamic resistance on its way. if the price could break through the down trend line(yellow one) and again make a pull back to the trend line ,price potentially can pass the static resistance on 4.6$ and upper one around 5.8$. Caution: it's not a suggestion for buy or sell, only my idea about the price action and potential movements for THETA. it would be appreciated if you share your idea with me on comment thanks for your patience
Long
by behzadjl
THETA: Metaverse is sill alive!Hello guys. Hope you are having a nice day. Today I have decided to perform an analysis of THETA. Technically, THETA is in a descending wedge in the weekly timeframe, which is USUALLY a bullish sign. The ceiling and floor of the wedge are reliable factors as they have determined the price behavior in a significant fashion in the past. Critical levels are designated in red. One of the major factors that stands out when the chart pops up is the steady volume throughout the last year. The reason why I have chosen MA60 is the fact that the price has been remarkably reactive to it recently. As a trader, I always strive to find the indicators that match the price behavior of an asset. I know MA60 is not a common unit; however, I find it significant due to the reason I just laid out. What I see for THETA is the way up. Not that it is the only possibility, but I think it is highly probable. I always remind myself that nothing is guaranteed, and every decision must follow confirmations. The price may end up below the descending wedge and explore new lower lows, but do I find it likely? TBH, No! However, I have plans set for doomsday as well. You might ask, "Will the price reach a new ATH?" I don't have the answer to that unless I see price behavior near 12. Fundamentally, I find a lot of promise in the project and how it has put itself on the map. Please push the like button if you find the idea of value. If not, I look forward to your helpful comments.
Long
by Djawad_Afsharirad
4
THETA/USDT 4HOUR UPDATE BY CRYPTOSANERSWelcome to this quick THETA/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-THATA/USDT bullish signal and buy green zone and ascending triangle pattern retest Entry:- $2.95 $3.20 Target:- $3.83 $4.22 $4.41 $4.65 Stop loss:-$2.66 Remember:-This is not a piece of financial advice. All investment made by me is under 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 Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
2
THETA massive contracting falling wedge1W/1D Charts THETA forming a contracting falling wedge bullish pattern and come into a weekly demand zone with high volume as we come into the zone on the bottom. Bullish divergence on daily MACD and converging and showing signs of strength on weekly MACD. Price action on the weekly looks nice on this with impulse moves up and corrective pullbacks into HTF weekly demand zone. Fundamentals are great on this imo, with some solid partners and backing. Ive picked some up at $3 and will DCA more if we pull back deeper into the weekly demand zone.
Long
by marshyyy
1