THETA – Long signalTHETA is looking ready to re-test the previous highs and make another leg up
-The price has been forming a pennant over the past ~23 days and the range has been compressing
-The 100 EMA has been acting as support
-Price is currently retesting the bottom of the pennant and the 100 EMA. The confluence with these two levels of support suggest the price will bounce up from here
Get long.
Your risk, your reward.
Happy trading.
Thetausdt
THETA > Possible Breakout and Contribution Higher!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #THETA
Hello friends.
This is one of my favorite holdings, and today became one of my biggest holdings before XRP.
Here we have a triangle pattern that indicates accumulation and might be ready for another leg to the upside testing 17.00 almost 40% upside from here.
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
THETA/USDT is going to increase even more!Hi every one
THETA TOKEN / TETHERUS
As you can see THETA/USDT is in a bullish pennant but the break out has not happened yet but there are Hidden bullish divergences on both MACD and RSI indicators that shows us the expected bullish movement is more likely to happen but as you can see the MACD line is under the signal Line of MACD indicator so we can expect a little bit of correction before the bullish movement happens. the expected bullish movement is as much as the flag pole!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
$THETA Current ViewTheta has had a massive run, and I do not see it stopping here.
We have seen the same pattern play our here for a few months now.
Price has a massive bullish uptrend -> consolidation in symmetrical wedge -> massive breakout.
From the current view we have right now, It looks like a breakout is immanent very soon!
We must also monitor the volatility of BTC as the ALT market will trend with BTC if we see downward action.
Theta Loading up for a bigger move!Here's a quick look at THETA 4 hr chart. As we can see, the price has been oscillating in the bigger triangle for some time now, and we might see a breakout soon! When the price breaks the triangle, we might see a 18$+ THETA! Keep an eye on this one!
The idea is: Buy the breakout from the bigger triangle and Take profits at the levels shown in the chart.
Targets:
1. 13.9$
2. 14.9
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
theta technical analysis 13th April 2021hey guys, quick technical analysis on theta, looking very nice and clean hopefully price respects the fibbonacci support area as price is currently in a symmetrical triangle approaching the support trend line very correctively anticipating a bounce from the lower trend line for a bullish move to the upside.
Theta ready for the next leg up
Accumulation after a huge move + VWAP+ Volume profile
Huge breakout from a long 'time' base and then re-accumulation to digest the gains and shake out the weak hands (I was one lol).
Then media attention dries out, finds support and asset continues its next leg up. Saw these in growth stocks last year and now we might see these in crypto land. Check $SE $FVRR $TSLA for reference.
$THETA has a huge number of catalysts/events coming up.
Edge compute use cases(ML/AI) that's coming up in Q3 2021 is the most exciting. Remember $FSLY $NET moves in 2020? Edge computing will grow exponentially this decade(Read the 'future is faster than you think')
App for ledger + NFT marketplace + New network support
The market cap is already $12bn. That said, Theta has maxed out its supply and will have no dilution effect on price (like $BTC)
Likes of $BNB, $GOOGL, Sony and Samsung as enterprise validator nodes. These companies won't launch validator nodes if there is no long term potential.
Blue-chip Crypto. Keep this in your shopping list for crypto winter
Entry: Now or under $11.5
THETAUSDT Expected return 100% next monthHello everyone,
this is my 11th recommendation in the crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of THETAUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 6H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the past 18 months.
Now, let's get to the analysis. In this chart, the long term moving averages (2048, 1024, 512) are smooth and curving up which means that THETAUSDT has low long-term volatility, and it's return is accelerating over the long-term. it also has very strong long-term trend, it doubles on average every month . then, the mid-term moving averages (256, 128), they are getting smoother with time and are curving up, which means that both the mid-term volatility and return are getting better with time. finally, the short-term moving averages (64, 32, 16) are moving in a step-like formation with moderate curvature which indicate moderate short term volatility and step-like price movements over the short-term. Now, the conclusion is that THETAUSDT has desirable return-volatility profile and is expected to be among the best performing crypto-assets in the next few weeks.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them, you can also tip me through my THETA wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
(This address is for Mainnet token deposits only. Please do not deposit ERC20 tokens to this address.)
thanks
Mustafa