Theta Price Prediction The daily chart shows that the Theta price formed a double-top pattern at $15.87 last week. In technical analysis, this pattern is usually a bearish signal. It basically means that the momentum has started to fade. At the same time, Theta has moved between the 25-day and 50-day exponential moving averages while the Average True Range (ATR) has continued to rise.
Therefore, in my view, I suspect that the price will continue dropping as bears target the next key support at $8.13. This prediction will be invalidated if the price moves above $12.
Thetausdt
TheTa Techical analysisTheta and most altcoins are in a bullish trend. but now !!!
after touching PRZ they must decide to go up or down!
I believe that the correction of the market is not ended. we are in bullish phases of the market and then I expect a bearish trend will begin around 4-5 days later.
So, please watch the market guys.
Who would have thought that bitcoin would come down ( 10K $) ?? so everything is possible.
please share my analysis and also FOLLOW me.
Good luck
BINANCE:THETAUSDT
THETA is a very excellent cryptographic. Walking in the FIBOTechnical analysis regarding the price of THETA NETWORK in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators.
Pros:
- Broke out of consolidation box between 11 and 13.5, now bouncing as support.
- 4hrs bullish divergence. Price made high low when RSI made a lower low.
- It's currently making a bullish wedge after a successful breakout.
Cons:
- Could be a false breakout, with volume significantly decreasing afterward.
- We haven't confirmed the breakout of this bullish wedge yet.
Entries:
- Aggressive buyers could choose to enter now between 12.8 - 13.8.
- Conservative buyers should enter as the price breaks the falling wedge at 13.8.
- The trade is a 3.2 R/R trade indicated on the graph.
Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term)
Personal SL: 11.8
If you find this helpful please give a thumbs-up and good luck trading!
THETA.USDT (Y21.P2.E4).Next phase to startHi All,
The story continues, both Theta and LINK are 2 I have interest in for potential.
BNB is done, profits circulated to other coins and these 2 are likely the ones.
Observations:
Here we have price hitting 1st local target of the 0.618 fib level, with a strong rejection
Next will be the main target of 1 fib level. as it pauses up along the next fib level of 0.5 and again, 0.618.
The retest on the daily resistance is complete or almost complete.
Time to go long.
Target levels
s3.tradingview.com
All the best,
S.SAri
$ THETA vs Usdt in 1d. 17 April
Theta presents a ascendant wedge in which it can have a peak of euphoria that brings the price to 20$ however, the price can quickly return to the average price of the wedge that is in the 11.5$
Probability 1. Fall to $ 10 and return to $ 11.40 - $12.45 continuing with the consolidation process at those prices.
Probability 2. Go up to the price of 7.60$, consolidate at $ 7.1 at $ 8.0 and then go up to $ 9.5 - $ 11.0
Probability 3. Not being able to do a consolidation process between $ 8.5 and $ 10 and quickly falls to $ 5.9 to $ 6.5 to try a consolidation process at those prices.
THETA IDEA UPDATE! Hello, I am updating my first ever idea on THETA. This is my idea based on the technical analysis and what I know about it's fundamentals. Since I have been following THETA, it has had a massive growth and I actually I rate it as one of the best fundamental projects I have been into recently, I recommend you to check it. Many people booked some profit (also some of the events were delayed) and as we can see it has been following quite a small downtrend. But If you look at the indicators, and also the formed, it seems as THETA looks quite bullish right now and it actually is bullish for short and for long if you hold a big bag of it.
In my analysis I have mentioned the trend in the short term. If the trend jumps from the red line, it will be bullish for short, so there is the area for SL if you have bought or if you are willing to buy, just be careful, it has to jump from the red line.
The 2 TP (13.8 - 14.8) are mentioned in the area there quite as the SL(12.3). Personally I see a good profit from 10%-30% in THETA in the short term and if the trend continues sideways in between the TP, we could see new support being formed there and another uptrend soon.
Do your own research too. And be as profitable as possible. :) If you have any comment or any other idea, it would be really helpful. :)
$THETA is pumping. Sell at $20?NOT FINANCIAL ADVICE.
In this study piece of $THETA's recent explosive price action, we see a very strong move to the upside after weeks of Price Action trading in a prolonged triangle of a Wave 4 pullback as shown below:
Here we see how the 0.618 resistance impacted price action as it traded in a channel below this fib level.
That is until it finally broke free of even the 0.886 ceiling, a fresh signal that we could be on Wave 5 underway with a target price of $18~$20.
With such explosive fervour, there's really no telling how much higher $THETA can go in this bull run!
THETA Awaiting Take off THETA/USDT PAIR
Higher Lows and Higher High with the print of a ATH
Currently trading within a symmetrical Triangle with Higher Lows and lower Highs since the ATH ..
Measured Move gives us a 28% move and if this breaks upwards we have confluence with the Fib Extension for a 1-1 at around $17
Either await a break of the Resistance with a candle close as confirmation for entry or buy around 12$ with a Sl below the last swing low $11.30 region .
I have marked on the chart the potential target for a downside move depending on the reaction at breakout/breakdown although I will be taking the long
Know where you are wrong and have a trading plan , always use a SL . Thanks and Like and follow for regular setups
THETA breakout so obvious your MOM can see it - BUY N LARGEYour mom may not be a skillful trader, but anyone can see this is a breakout of a symmetrical triangle/bull flag pennant. And, to put gravy on top of your THETA steak, look at those INDICATORS..... You also have a couple of the top analysts on TV (trading view), like genius of the sea, Plancton0618, also saying the same thing. What are you waiting for, permission from your girlfriend/boyfriend? GO LONG
Free joke
What do traders, who also happen to box, place their money on? The punch line.... (completely original, hilarious no?)