Thetausdt
THETA/USDT BULLISH MOVE UPWARDS EXPECTEDTHETA is currently in my trigger zone here, A retest is still pending. If we see a daily close above my trigger zone that will add more confluence to the whole setup here. It would be best to buy at retest the next day if that happens. Whenever I mention a trigger, it means that a momentum candle (no wick) close above it (gray area) and then a retest and we're off towards our targets.
Enjoy the trade. Cheers!
-Mr. Khan
THETAUSDT Moving Along the Bullish Channel
Welcome back Traders, Investors, and Community!
THETAUSDT on H4 after breakout and retest on its way going up
⬆️Buy now or Buy at 5.890
⭕️SL @ 5.17
✅TP1 @ 7.90
✅TP2 @ 10.0
✅TP3 @ 13.12
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THETAUSDT Bullish Trendline Breakout4h chart THETAUSDT Bullish Trendline Breakout.
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MUST BREAK LEVEL FOR THETA!!Theta has been stuck inside a downtrend channel since around the end of march and has been unable to fully breakthrough out of this channel, the most we have seen is a few wicks above the channel, if we want to see theta go on a big run here we will need to see a break of a few key levels, first the top of the descending channel, the 0.2 FIB level which is lying directly above the top of our channel and then finally the first point of resistance coming from the pivot points. we have actually crossed the bullish pivot point but not by too much, our candles recently have been sitting almost right on this point and i feel we gotta make a move upwards soon before we risk falling back below this level. Looking at the bollinger bands a very key thing that could happen would be price action grabbing onto that top band and going for a rollercoaster ride upwards, which i think would completely blow us right through these few key points i was talking about, in order for that to happen though we need to atleast breakthrough the top of the descending channel, once that is done the top bollinger band will be right in our reach! Looking at the MACD we are seeing good separation within the MA's but i notice the blue ma is starting to come down a bit towards the orange, now this is very important because if we don't see a bounce on the MACD due to a runnup in price we are playing with a possible bearish cross which could definitely set us back even more, we could start to see a little bear cycle on the MACD if our histogram continues to shrink the bars its printing! Not financial advice just my opinion!
THETAUSDT { THETA TOKEN } - BULLISH SETUPANALYSIS 🔎
- THETAUSDT was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- slStop limit entry: Breakout above the horizontal resistance level (@6.75).
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (10.103).
- Horizontal resistance level (@15.88).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (@3.47).
THETA - Breakout Pending...As with most other cryptocurrencies, we saw a double bottom reversal chart pattern indicating that we are at the end of the bear trend. We are now hovering just below the trendline that will determine whether or not we are in for a bullsih reversal.
We can see that price made a move up and now hovering - basically a bull flag. For confirmation, it would be wise to wait for a bullish candles breaking both the consolidation period we're in and the descending trendline.
We could be at the start of the next big break!
THETA - Breakout Pending...As with most other cryptocurrencies, we saw a double bottom reversal chart pattern indicating that we are at the end of the bear trend. We are now hovering just below the trendline that will determine whether or not we are in for a bullsih reversal.
We can see that price made a move up and now hovering - basically a bull flag. For confirmation, it would be wise to wait for a bullish candles breaking both the consolidation period we're in and the descending trendline.
We could be at the start of the next big break!
THETAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, you see the price tightness below the resistance line, which we intend to break our resistance line and start moving upwards. In case of breaking the resistance line and stabilizing above the line, we will enter the trade for the above goal.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Theta Eyes Breakout Of Multi Month Descending Channel-Theta revived nearly 70% the last week
-Price is getting halted at major trend line resistance
-400MA has held prices down for nearly 80 days
Theta Token experienced a massive bull run over the last year as prices rose 1000s of percent. Despite these gains, Theta fell victim of market movements and fell nearly -80% from its ATH of $15.90. As Bitcoin starts its revival off lows, Theta has been attempting to begin a bull trend for the first time in many months.
While looking at the chart, we can see THETA has attempted two breakouts of its multi month channel resistance (green). Price has been respecting this channel for some time as bulls and bears have equally defended it. Along with this trend line lies a major resistance zone from $6.47-$6.85. If bulls succeed in breaking & holding this zone, Theta will be in position for a strong push to the given targets.
Along with these two resistance marks lies the 400MA. This MA has held prices down for nearly 80 days as it has been a strong mark for bears to defend. Breaking above this & holding it will likely allow the push to targets as mentioned above. If the bulls fail to break this mark, THETA will be in for a short term downtrend. Price will find support at $5.25 & $4.40.
While looking at the relative strength index, we can conclude strength just visited the overbought mark and has since been heading down to bearish territory. RSI must hold above the 50 value to save it from a fall to its next supports. The MACD has been consolidating within bullish territory above the 0 value. This is a good sign that buyers have not yet left the market and as soon as the histogram can tick green, THETA will try another push to its targets.
THETA Intraday Analysis
Spot rate: $5.71
Trend: Bullish
Volatility: Medium
Support: $5.25
Resistance: $5.88
THETAUSD D1: THE BEST Level to BUY/HOLD 500% gains(SL/TP/UPDATE)Why get subbed to me on Tradingview?
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THETAUSD D1: THE BEST Level to BUY/HOLD 500%+ gains(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: THETAUSDT D1 chart review
::: updated/revised outlook
::: 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 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 +500% gains later
::: expecting decent gains soon
::: 20-30% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +500% 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
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