Thetausdt
THETAUSDT --> Possible breakout for 30%+THETA has this loooong established trend line with a couple fake breakouts. We have seen a few recent violent breakouts like LTC and DASH which may get you thinking everything breaks! But be careful with this THETA break, it likes to trick you!
I would like to see the retest of the upper trend line to confirm. Then lets go to the moon.
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THETA TRADE
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ENTRY = Buy after trend line retest
TARGET = $15
STOP = 4H close below upper trend line or BTC taking large poop
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Be careful trading guys, BTC is volatile!
THETA on its way back to $ 15 quite possibly in 4 hours. 03 MayTheta technically fights now with the resistance at $ 12. If you exceed it we can have daily candle 5% to 15% towards your next goal is 13.5$
Probability 1. (50% occurrence): Consolidation between $11.4 to $ 12 to break the resistance of $ 12.5k - $13.5k in the next hours or weeks
Probability 2. (25% occurrence): break the last resistance in 4 hours of $ 13.5 and go up to $ 14.5 - $ 15 while maintaining the price
Probability 3. (25% occurrence): Fall sharply and quickly to $ 10.45 and if Theta fails to consolidate at this price, the next drop is to $ 9.5 or $10
THETA - Squeeze of the MAsHere we see the daily logarithmic chart showing price has become squeezed by the support of the rising 1D MA50 and the resistance of the declining 1D MA20. Meanwhile the LMACD has converged to zero and is looking to cross bullish.
Which way will it break? Is it toward infinity and beyond, or a steep and sharp final capitulation?
Either the bottom is in, or there is one final leg down. Tell me what you think.
THETAUSDT Good BUY!THETAUSDT (2H Chart) Technical Analysis Update
Resistance line breakout
THETA/USDT currently trading at $11.35
Buy-level: Above $11.50 (only buy if 1h candle close above 11.50$)
Stop loss: $10.30
Target 1: $11.90
Target 2: $12.50
Target 3: $13.00
Target 4: $13.90
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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THETA Coin Breaks Above 50-EMA, Going To Hit $14.55THETA coin price traded at $10.96 with a loss of 3.60% in the last 24-hour and 8.98% up in the weekly time frame. Furthermore, THETA coin price bounced from the support of $8.15. In contrast, the market capitalization stands at $369 million. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $14.55 in future trading sessions.
Resistance: $14.55
Support: $8.15