Theta must fly on the next few weeksHere we can see tha we are stuck in the poc with low volume and many uncertanty because of 6 months o lateralization. On chart we can easily spot a huge and beautiful triangule that if it breaks out it will probably go to Ath. My actual target is at least 0.78 in fib extensison taking Theta to 14.37 usdt.
Thetausdt
THETAUSDT Update⏳ Spot
💎 THETAUSDT has been moving along the Ascending channel. As we see the large green candle indicates that the bulls are in control now and we expect a bullish move
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🏁 Short & Medium Term
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🎳 Entry at 6.250
☕️ TP1 7.540
🍺 TP2 8.550
🍻 TP3 12.380
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 5.520
Good Luck 🎲
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💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.258).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 6.791
TP2= @ 7.028
TP3= @ 7.437
TP4= @ 8.141
TP5= @ 9.543
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.258).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 6.791
TP2= @ 7.028
TP3= @ 7.437
TP4= @ 8.141
TP5= @ 9.543
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn!
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THETA forming H/S structureTheta forming head and shoulder structure + there are multiple pivot high which is the sign of liquidity for market makers and big guys.
Above each high is stoploss so price can shoot through these highs.
Stop bellow impulse candle and tp at least 1:1 , 1:1,5 and trailing...
Good luck
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
-
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Theta | Theta TokenEntry Point : 6 & 6.1 & 6.2
TP 1 :- 7$
TP 2 :- 9$
TP 3 :- 12$
TP 4 :- 15$
For Hold : 25$
Remember Risk Management ;) and its for long-term
The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions.
You Can Buy Now...
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.
Theta possible breakout and retest on dailyDaily looks like we are in for a surprise from Theta Token.
Weekly looks like we found a double bottom and are forming a big W-pattern.
Possible that we see 24$ at the end of this bullrun.
Or even more if it turns out to be a sleeping giant. Look for a break of 9,73 area for target or entry
THETA - The Bigger PicturePrice has been moving within the parameters of the fibonacci sequence. We can see that price has respected the 61.8 fibonacci on the moves within the bigger ABC pattern.
On the higher timeframe, we saw that price rejected the 50 fibonacci level and is moving towards the double bottom area 3.5.
Will be looking for bear flags down to the 3.5 area and then we'll be looking for buys.
THETAUSD D4: THE BEST Level to BUY/HOLD 700%+ gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
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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.
CRYPTO - Theta - Ascending Triangle. Get longCRYPTO - Theta - Ascending Triangle. One of the more reliable patterns for continuation of trend. Because of the way they play out you can have a short stop level just in case. There should be one more rejection from the top of the triangle before we break through but now is the best time to get long.
Volume is falling as the selling strength runs out.
RSI is holding steady at these levels. Not getting smashed down with the selling.
Stop loss 6.30.
Target 1 7.90