Thetausdt
smart trading with webhook-- LONG THETATheta is a great project with great fundamentals.
Besides that, looking at the coin from a technical analysis point of view it looks like it is forming a big inverted head and shoulders pattern.
With this smart trading we calculate our position size automatically, set stop loss, take profit 1 and trailing stop loss activation.
Looks like this could run un to grab the liquidity at the April - May highs.
Please do your own research , this is not financial advice.
THETA Forms Descending Channel As Bulls Attempt a Bullish Break-THETA has fallen nearly -12% over the last week
-Prices have formed a descending channel
-THETA is being rejected by the 100MA
Theta Token had an amazing start to the year as prices exploded nearly 1000% at its all time high of $15. Since the market downfall that occurred from May to July, THETA has had much trouble regaining the levels it previously traded at. THETA has a unique use case as its blockchain was built specifically regarding video streaming. This project aims to shake up the video streaming industry as in its current form is highly centralized & costly. THETA aims to speed up with this industry with decentralization & surely is the leading project aiming to tackle this industry.
Throughout the last month, THETA has been stuck in an overall downtrend while many other coins have sprouted to new all time highs. This price movement has formed a descending channel that price has respected very well besides its false breakout which occurred from September 5th - September 7th. Bulls & bears have equally defended each trend as price continues to stay within this channel. For THETA to experience a bullish breakout, bulls must break & hold the current resistance zone found from $6.86-$7.25.
Along with this major resistance zone lies the 100 MA which has acted as resistance for over a week now. If bulls manage to break & hold both of these marks, price will then be free for a push to $7.97 at minimum. In the case bears assert more dominance & reject this potential breakout, expect price to stabilize at the major support of $6.35. If this level fails to hold, price will then fall to the next major support of $5.69. This support also lines up with the bottom trend of the channel & is the last place THETA can fall to before breaking its structure.
While looking at the Stochastic RSI, we can see strength just got rejected within its overbought territory. Strength is now heading down to the oversold zone but may turn back around if it manages to hold the 50 value. Anything below the 50 value will land price back to its next major support. The MACD is now curling over & seems to be getting ready for a bearish cross on the MA’s. If the histogram begins ticking red, expect THETA to have a further downfall.
THETA Intraday Analysis
Spot rate: $6.61
Trend: Bearish
Volatility: Medium
Support: $6.31
Resistance: $6.86
THETA will go up from here $19+Theta is consolidating for some time after a massive pump. It's looking great and ready to take off for another run. If we see a pump in upcoming week and break $9-$10 it will surpass $19 easily. Either way, this is a great entry point for Theta (Not a financial advice)
THETAUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 11 and ~12.5
after first target reached move ur stop to breakeven
stop: ~6 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
Good luck everyone!
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THETAUSDT Descending Trend Broken | Bull Rally ExpectedTHETAUSDT Descending Trend Broken | Bull Rally Expected
THETAUSDT was trading under Resistance since April 16, 2021, and it finally had a bullish breakout on August 4, 2021.
I am expecting a bull rally soon from this current position.
NOTE: Do your own analysis. Spor trading only. Do not enter if you don't know how to trade.
Buying Zone: 7.953 - 8.200
TP1: 9.508
TP2: 11.543
TP3: 13.836
TP4: 15.847
SL: 6.660
Net ROI: 95% - 100%
Trade Risk: 16.26%
Do not take more than 15% risk of your account.
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THETA/USDT Bullish falling wedge breakout THETA currently breaking out of bullish falling wedge pattern and looking bullish.
Wait for the 2nd breakout (resistance) for confirmation
Target 1 - $9.419
Target 2 - $10.493
Target 3 - $11.343
Target 4 - $12.79
Target 5 - $14.977
This is not financial advise please DYOR and place stop loss below$6.356 or $5.288
THETAUSDT LONG IN BINANCE AND KUCOIN R/R with first target is about = 1.2 !!!
but you need money management in this trade because of my stoploss price !!!
you can set a "buy stop limit" order on the trigger price !!!
after that sell 50% of your position on tp1 and upgrade your stoploss to your trigger price and wait for tp2 or more ... it means : risk free !!!!
just like and folowfor more ... 8D
THETA - potential trade 🤑🤑Many altcoins are now showing patterns to buy. The Theta chart shows one such pattern. A falling wedge will in most cases break upwards. If the price breaks through and tests the upper limit of the wedge as support, it could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade