THETABTC completed another bullish reversal for new ATHBull flag formation:
In US Dollar market the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has been formed within this flag then it can reach at $3.5 easily.
Cup & Handle move:
On daily time frame chart, with the Bitcoin pair the price action of Theata has completed the formation of Cup & Handle pattern. Now it has also tested the support of 100 SMA and the 50 SMA has formed bull cross with 100 SMA as well. If we take the measurement from the breakout point to support and place it at the breakout point or resistance of the Cup. Then our next target can be 0.00011755 btc and if the priceof BTC will be $35000 then 0.00011755=$4.
Ichimoku cloud and Rising Wedge:
On long term weekly chart, the price action of Theta with Bitcon pair has formed a rising wedge pattern and also broke out the Ichimoku bearish cloud as well. The cloud is now bullish so we can expect that the priceline migh make another attempt to break out the resistance of this cloud.
Conclusion:
The price action of Theta is setting new all time highs in every rally. Now we can expect another rally that can be 100% up from the current price level.
Thetausdt
$THETAUSDT - Inverted head and shouldersHello everyone!
There is an inverted head and shoulders pattern spotted on an hourly chart of THETAUSDT.
I made this pattern yesterday, and was waiting for the confirmation, the best confirmation point was at $1.83, where the dynamic resistance is, however Theta rebounded earlier.
$2.27 and $2.357 are the must test points based on the pattern, $2.51 is very reachable if Theta breaks above $2.357
#Theta, you know I like you ,Don't you?theta heading for 4.6-4.7 in the long term
we already got our profit previously after our entry from 0.8 with more than 100 % profit
tomorrow 15 Jan , is a time pivot for bullish wave , so let's take advantage of it
manage your risk and take advantage of any correction to hop into that one
don't forget to like this idea if you already like it, your support is appreciated , TIA
watch links for related ideas to see our pervious trades
those trades are based on #Gann methods
for training courses , contact me
THETA/USDT - Parabola broke, descending triangleTETHA had a crazy parabolic run doing a 3x!
Now after we broke the parabola in yellow we are taking a breather and forming a descending triangle which suggest a bearish bias. Moreover, MACD is due to cross over in the negative, another bearish signal.
If these are confirmed, then we're very likely to break down the triangle. Do NOT FOMO into this coin, at these levels you should take profit after entering in early December. Wait for the triangle to break before taking action.
Bias is bearish for now.
Like and follow!
$THETAUSD - Double bottom, wait for confirmationHello everyone!
There is a possible double bottom pattern being formed on THETAUSD.
The token is testing an important resistance level at 2.02, so far the resistance stays strong.
The importance of this level is shown on the chart static resistance and the dynamic resistance which once was a support.
For that being said, I highly recommend to long above 2.05 or 2.06, or wait for the retest of 1.89 and go long.
THETAUSDT moving at right bullish trackHi friends hope you are well and welcome to the new update on Theta coin.
Road map available now:
1st of all I would like to tell you that the road map of Theta coin is finally now available.
Ichimoku cloud is strong bullish:
On weekly chart, the price action is moving above the Ichimoku bullish cloud and the cloud is moved at the level of $1.45. The lagging span is also bullish and the conversion and base lines of the Ichimoku cloud indicator are also strong bullish.
The EMAs:
The exponential moving averages with the time period of 10 and 21 on the daily chart are also strong bullish. And the price line is using these exponential moving averages as support very well before the next bullish move. If the priceline will start a correction then it may re-test the EMA 21 which is at $1.58 at the time of writing.
The simple moving averages:
The simple moving averages with the time period of 25, 50, 100, and 200 have formed an opened alligator mouth as the smallest time period moving average is above all and the bigger time period moving average is below all. Therefore, unless this alligator’s mouth won’t be closed the bullish rally cannot be ended.
Bull flags:
On the small-time period 4-hour chart, the price action of Theta coin is forming bull flags consistently and as per the sequence of the current bull flag, the next imminent move can be upto $3.1.
Conclusion:
The price action of Theta is very strong bullish from short-term to long-term. At the start of the year 2020, the price of Theta was around $0.09 and at the end of 2020 it reached $2. So if this pace will be continued then theta can again surge more than 2600% and reach $50 easily.
THETA LONG TRADE 20210103THETA LONG TRADE 20210103
Blue -> Green * 2
Trade close manually when: the above ribbons turns Yellow or better Red.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Theta is retreating! Oppurtunity! (update)After failing at entering the old ascending channel and forming some kind of symmetrical triangle on the way down
SMA 50 fails to support
Theta bounces at 2,07 strong support almost as same range as 0,786 fibonacci retracement level
If it bounces back will hit multiple resistance on the way up
if this support fails then 1,92 will be next support (yesterday swing low) only if sma 100 fails to support
THETA ROCKET +1538%We went long THETA on 26 June 2019. The cryptocurrency had an amazing run throughout 2020 and has broken the $2 level on New Years day 2021. It only seems like a few days ago when I reported on the price smashing through the $1 barrier, which did occur on 22 December last.
THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge problem with a "self-funding" decentralized broadband expansion technology.
Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis. It's fast, secure and extremely cheap to use.
Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet last month. Smart contract funcionality opens up a whole new set of user experiences and new attribution models for DApps built on the THETA network
Also, the team announced the next generation THETA blockchain: THETA Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning.
We are +1538% on this trade and remain bullish on THETA. It is yet to be listed on Coinbase and the project is still very much under the radar.
ANÁLISE EM 15MIN DE TETHA/USDTANÁLISE EM 15min COM TEMPO GRÁFICO DE 5MIN PARA SWING
CRIPTOMOEDA EM FORTE TENDÊNCIA DE ALTA, VEM GANHANDO ESPAÇO E MAIS VALOR A CADA DIA QUE PASSA. DITO ISSO, REALIZAREMOS OPERAÇÕES DE CALL (COMPRA), NOS POSICIONANDO E ESPERANDO CORREÇÕES DE PREÇO EM REGIÕES FORTES PARA NOS REALIZAR NOSSOS TAKES!!]
PRIMEIRO NÍVEL DE TAKE NA LINHA VERDE E DE STOP NA LINHA VERMELHA.
RSI >60