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
Thetausdt
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
Theta Token Weekly Pipe Dream that can come trueIS theta due for a temporary pull back? I think so
Theta has had a solid past few weeks after rallying over 100% and much over 1,000% on the year.
Pull back would from here is likely and normal.
Accumulate on the dips
Short the tops off
or Hodl (Hold on for dear life)
(Not financial advice)
THETA USDT AnalysisEngineering Robo and I are bullish about THETA at the moment. All Buy signals are present at the moment! You will have to watch price closely as it is currently at ATH territory.
If you are holding THETA, continue to hold and watch for EngineeringRobo sell signals. You can also sell at the uptrend line.
If you are interested in buying THETA, you can wait for the 1.1257 line to become support level, or you could buy again at the 0.68308 support level
No matter what level you buy or sell at, you should pay close attention to EngineeringRobo signals!
If you're looking to use EngineeringRobo, DM me!
THETA 1D. Worst-case scenario is the test of $0.3An interesting project with small daily trading volumes.
From March 2020, Theta token is in a solid upward trend. Measuring the percentage of growth which THETA's price made in 7 months, we were amazed. x20!
The global support level for the token is in the range $0.2-0.24. It was in this range that buyers managed to stop the aggressive fall from $0.6, which began at the end of May 2020.
On 4 October, the token set a new historical high $0.794 . If we draw a trend line for two highs , we see that the growth trend angle can change.
The critical point of this token is at $0.5. It is difficult to measure the probability of one scenario or another so far.Therefore, we will follow the nature of the price movement and make updates.
The worst-case scenario for THETA at the moment is a deep correction to $0.3.
This scenario is quite possible if BTC and the entire crypto market are corrected.
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THETA Heading Towards The Unknown TerritoryTHETA has upcoming bullish news for December 10, 2020 however, this is not the only reason why THETA is gaining bullish momentum. Fundamentals are very strong and THETA is gaining popularity among crypto enthusiasts.
This is the DAILY chart which gives a very clear projection of what is going on with the current price of THETA.
It is very soon that THETA will break 1 USD and hold it as support.
THETA can achieve $10 by the end of 2021Hey friends hope you are well, and welcome to the new update on Theta coin.
The Ichimoku bullish cloud became more strong bullish:
In my previous article we saw that on weekly chart, the Ichimoku cloud was changed bullish and the price action was at $0.27.
Now, the price action has spiked beyond $0.91 and the cloud has become more strong bullish. While in this bullish move the price action is also breaking out the $0.80 long-term resistance, this resistance was first found in Sep 2020. Now we need the weekly closing above $0.80.
Alligator’s mouth formation by SMAs
On daily chart, the price action is moving above simple moving averages with the time period of 25, 50, 100 and 200 and all these SMAs have formed an opened alligator’s mouth.
Long-term bullish channel:
On weekly chart, the price action of Theta coin has formed an up-channel and moving very nicely between support and resistance of this pattern. If we take a look back in Jan 2020, then price of Theta was $0.09 and while moving within this channel at the end of 2020, now the price action has rallied more than $0.91, and we can expect that it will reach $1 before the end of Dec 2020, so it will be more than 1011% gain. Therefore, on average the theta is producing approximately 85% ROI.
The year 2021, is considered more bullish in favor of alts, therefore if we conservatively think, that the growth of 85% will be consistently continued in 2021 then by the end of 2021 we can expect $10.
THETA.USDT (Y20.P5.E2).Chart of the dayHi All,
As the chart suggests, its broken the main resistance and currently has a nice pullback and potential bullish flag forming on an uptrend.
Yes, it looks like a cup formation.
How to trade this?
On the 4 HRLY
Enter after a bullish candle or bullish formation on the lower time frames.
All the best,
S.Sari