URGENT UPDATE: The Best Triangle in the WORLD - A $THETA storySince I first drew the triangle in early October of 2021, my email box has been deadened with fan mail. Legions around the globe have deemed this triangle to be the "best triangle in the world". I am not sure about that! But it sure is interesting. Here is an update with current price action. Notice how $THETA constantly respects this triangle that it has now broken from.
The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
So..where do we go from here? Time will tell... But we are now out of the triangle.
OP: The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
Thetausdt
THETA long: +7% in 19 days - New algorithmLadies and gentlemen, after a long pause dedicated to fine tuning and improving my algorithm even further (100% accuracy rate, as testified by my history), I'm back on the playground.
Now the algorithm allows for accurate price prediction up to one month forward in time, rather than just few days!
The algorithmic analysis, in regards to THETA, says "+7% in 19 days", but it really is more like "+ at least 7%, in up to 19 days".
I have bought 24 THETA at the price of $4.65, for a grand total of 111 USD invested in this new trial.
My plan is to hold them until the conditions are right and then sell them for ETH, as suggested by the algorithm.
I'll update this post every time something significant happens.
Keep in mind that the algorithm has run an analysis with the current data, so if something terrible comes up for THETA or the crypto market as a whole, we may decide to abort the trade!
Leave a comment If you found this post useful, and I'll post more!
A good currency, Theta AND 175% Profit !A good currency, Theta
It has a good foundation, it is one of the infrastructures needed for the development of Metavers projects that have become very popular these days. (Certainly in 2022 we will hear more about Metawares, blockchain games and NFT).
As you can see in the chart:
- After a 371-day uptrend and 22968% growth, in the last 266 days, it is correcting 69% of its price.
Weekly time frame:
- According to the drawn symmetrical and fundamental triangles and the good market trend at the end of 2021, we can hope for price growth according to the yellow resistance lines drawn from 23% to 175%.
1. Do not forget capital management.
2. Do not forget to risk management to Reward.
Good Lock.
THETA THETA is a lovely project focusing on decentralized streaming.
As the price goes, as low as 3.80 can be met technically. Need a bullish candle pattern to confirm the start of the trend but I never chase the bottom. As in probability, this has a better chance on upside the way I see it.
These prices seem to be good levels for accumulating and my targets for next alt bull cycle are in the chart.
THETAUSD D2: THE BEST Level to BUY/HOLD 100%+ gains(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-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
-24/7 uptime so constant updates
THETAUSD D2: THE BEST Level to BUY/HOLD 100%+ gains(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: THETAUSD D2 chart review
::: chart looks good /strong
::: setup still valid as of right now
::: still expecting pullback off the highs
::: get ready to BUY LOW later
::: accumulation in range previously
::: then we had 150% gains PUMP
::: we had 2 pump already before this
::: 265% pump - pullback
::: then 150% pump and now pullback mode
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +100% gains later
::: expecting decent gains soon
::: 20-30% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100% 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.
THETA in the support zoneTHETA right now in main support zone, near key support. It was here two times and always bounce from this price range. Second bounce lower then first. Also, THETA don't show higher high on autumn, showing weakness. So there is high possibility of triangle brake down to key support. But flat or bounce up is real scenario. Need to watch it right now. If you will see reversal patterns like Bullish Engulfing, then it's time for LONG position. If we check RSI, cumulative delta, and trends on different timeframes, SHORT will be our main scenario. But there is high chance that THETA already found bottom.
THETAUSDT - your turn to break it out?BYBIT:THETAUSDT
1H trend chart
-
THETA is going to take out its downtrend line on 1H
If price can break it out without long upper shadow line, trading strategy as below.
-
Profit Targets:
a) 5.236----Fib(1)
b) 5.531~5.650----Fib(1.272~1.382)
c) 5.905----Fib(1.618)
d) 6.349----Fib(2)
Stop losses:
a) 4.660-----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!
THETA - Watch These Levels...At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon.
We have 2 key areas which we are looking at.
First area: $3.60
We have the recent lows and the 78.6 fibonacci
Second area: $2 to $2.60
In this area we have the correction support.
Trade idea:
- watch for bullish price action at either of these 2 levels
- enter with stops below the reversal area
- Target $16 as first target and $20 for second target.
Please make sure to use alerts so that you can monitor when its close to reversal!
Goodluck.
Theta UsdtTheta Usdt
Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
Current Price : $4.853755
MARKET CAP (USD): $4,853,754,575
CIRCULATING SUPPLY : 1,000,000,000
1st Buying price: 4.55$
2nd Buying Price: 4.33$
3rd Entery and DCA in case of dip: 3.5$ to 3.8$
On 4Hr time frame
Sell Target:
1: 5.2$
2: 5.5$
On daily Time frame
1: 6$
2: 7$
3: 8 and 10$
If accending traingle break out confirme and retest succefullly we will see more pump. Upto 15$
Always buy and sell in parts.
$ hr time frame for short term trader. Daily time frame for mid term
Thanks
Crypto Scool