#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
Thetausdt
Theta appears with a bullish pattern* Theta in 1D time frame appears with a Falling Wedge
* The price has a important support around $2.35 and the upper descending trendline is acting as resistance to the price.
* In order to make a bullish move towards $4.6 and $5.9 the price needs to break the falling wedge pattern
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.
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.
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.
Theta Theta looks amazing as an investment right now. IMO, it will create a bullish divergence on daily before a bullish trend. you can buy 50% around 2.5 and another 50% around 1.6. This means if you wanna invest $1000, then buy $500 worth around 2.5 and other $500 at 1.6. Theta/btc looks really interesting. Sharing the weekly chart below.
Target : $6 and $8.
Investment horizon: 6 months-1 year
XRP, MKR, ALGO,THETA: Curved Tops Suggest Incoming CapitulationHi All!
As highlighted in my last analysis, BTC has two choices to make regarding the 100W MA and 200W MA. This choice will likely propel that market in that direction.
Shown here are 4 altcoins that have formed a bearish "pattern" - curved top of the downtrend, similar to a parabolic uptrend, but just pointed this opposite way.
There are many examples of this curved top ending in some strong bearish move to the downside with an example being here:
Each of these coins have also broken their 400+ day trend lines in a bearish way.
Each chart has two support lines that show the high demand & deep liquidity zones.
Not everything in the market looks this way, but these coins may suggest of whats to come for the rest.
To void these curved cliffs, price must break over and hold for some days.
As always, this is my opinion & NOT financial advice!
Thanks for reading,
Please comment and like!
🌳THETA'S Expected MovementHello every one
THETA TOKEN / TETHERUS
THETA has Done a Massive Bullish Movements But Has been Reduced a lot Recently as well. If we observe The Chart at Weekly Timeframe, We can Understand That The Price is in a Pretty Big Descending Triangle. The Support zone which is at the Bottom of This Pattern has Done Greatly and Held The Price above 3.4$. There Might be a New Bullish Run Soon because If you observe The MACD you Can Understand That There is a Regular Bullish Divergence (+RD) on It & It Is a Great Sign of a Incoming Bullish Movement.There Is a High Chance For a Break out To Happen But We Shall Wait and See If It Is gonna Happen or not (No Confirmation) The Resistances Are Shown on The Chart So It Is Expected That The Price Would React To It if The Said Break out Happens. The Price will Be able To Reach It's ATH if The Break out happens.
🟡What Is Theta (THETA)?
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta main net operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Theta - Where to buy and sellBased on the Tom DeMark trading system, we accumulated in the weekly buy zone, formed a descending triangle, and have now broken below.
The green lines are our support. The red areas above are the current sell zones. The sell zones may need to be reevaluated with time.
Happy trading!
THETAUSD WITH BIG OUTLOOK WEEKLYTHETA/USDT
Descending Triangle
In this pattern, have 2 probability this pattern not the continous but Billateral so the result is 2 condition.
So wee need the CONFIRMATION
We cant speculate for now
Because market very not good
Stay safe guys
Im sory late update, better wait and see, after BTC back normal
#tipsfortradingplanning
Theta Network (THETA) Buy ZoneTheta Network (THETA) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Risk : Medium
On 4 hours time frames, Theta Network rejection at the expected long term double bottom. Expecting a strong reaction from our entry zone our second retest.
--------------------
$THETA/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.75 - 4
TP 1 : 4.135
TP 2 : 4.33
TP 3 : 4.65
TP 4 : 5
TP 5 : 5.49
TP 6 : 5.9
TP 7 : 6.435
TP 8 : 7.3
Stop Loss : 3.432
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
--------------------
THETAUSDT-SHORTBased on technical factors there is a short position in :
THETAUSDT Theta Network
Score 2️⃣
🔴Short Now or set on Key Level 4.435
🟢Target 1 4.145
🟢Target 2 3.900
❌Stop loss 4.550
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
$THETA upcoming catalyst + bullish sign price action13 days left of theta upcoming ecosystem also their airdrop token, well market especially BTC on major downtrend with LTF ranging now but maybe ill look to scoop this token on pullback around $4.2 (not rlly meme). Try play the narrative supported with not really bad PA. Its bounced twice from support line tho.
THETA, the price is already near this resistance. THETA is in a trading range between the $5.2 and $3.6 levels. In addition, the price has already approached the trend line and the middle of the range. These are strong resistance levels and if they are overcome, price is likely to head towards the upper end of the range. A breakout of the resistance could be a good buying opportunity.
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.
THETAOur bot just sent a $THETA signal. That's the second time it sends a THETA signal over the last week. That's a sign of strength!
THETA looks at long term support which is holding strongly so far.
It has also good upside potential with a first TP at 10% and another around 40%!
MACD also turned bullish today on the daily, RSI is looking good and the daily volume is pretty high!
Entry1: Between $3.828 to $4 (you can place a limit order)
Entry2 : Buy the pullback on the 1H TF.
SL : $3.7
TPs: $4.57, $5.73, $6.3