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Thetausdtanalysis

THETAUSDT Will It Rebound or Dive Further?Yello, Paradisers! Are we on the brink of a #THETAUSDT rebound, or are darker days ahead? Let’s dive into the latest analysis to find out! 💎Currently, #THETA is hovering around the support zone. We might see a rebound here, which could test the supply area at $1.72. For confirmation of this probability upward move, we need a breakout above this supply area. If this happens, we could see a strong bullish momentum as THETA breaks the descending resistance, aiming for our target resistance level. 💎However, if THETA fails to rebound and breaks below the support zone, this could spell trouble. In this scenario, we might see the price drop further, probability hitting the Bullish OB area around $1.66. 💎If THETA makes a bullish rejection at the OB area, this could be a good sign. The best confirmation would be for THETA to reclaim the support area, indicating a potential upward movement. 💎If the price fails to rebound from the OB and breaks below it, this invalidates the bullish scenario and suggests a deeper decline. To make it far in your crypto trading journey, consistency and patience are key. Discipline, patience, and robust strategies are your tickets to long-term success in this market. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
THETA/USDT It required break for back to the bullish movement!💎 Paradisers, #THETA is indeed a coin worth monitoring closely. 💎 Currently, THETA is encountering resistance around the 2.55 area. If THETA successfully breaks out of the descending trendline with a strong green candle, it would signal bullish momentum. 💎 THETA has been testing the resistance area for three consecutive days. If it fails to break above the resistance and instead forms a bearish rejection candle, there's potential for a retracement towards the demand area at 2.26 before resuming the upward movement and attempting another breakout of the resistance. 💎 However, if THETA manages to break above the resistance at 2.55 without retracing to test the demand area, it could indicate a strong bullish sentiment, potentially leading to further upward movement towards our target strong resistance area. 💎 The bullish invalidation would come into play if THETA breaks below a major support level, confirmed by a daily candle close below it. In such a scenario, there's a high probability that the price would continue its downward trajectory, possibly experiencing further dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
THETA/USDT Overbought, Keep an eye on the demand area.💎 THETA has recently demonstrated noteworthy market dynamics, currently indicating an overbought condition, suggesting a potential impending downward movement. 💎 It would be prudent to await a price retracement to the Bullish Order Block (OB) around $2.2, where a bounce probability could signal further upward momentum towards our target area around the Bearish OB and supply zone. 💎 However, if THETA fails to bounce at the Bullish OB and instead breaks below this area, the next likely destination is the demand area. 💎 THETA must bounce decisively from the demand area, as a failure to do so would signal a concerning shift back to a bearish trend. In such a scenario, the price may continue its downward trajectory, potentially experiencing further declines.
by MyCryptoParadise
2
THETA/USDT Bounce from the demand. Could THETA Continue Upward ?💎 THETA's recent market performance has garnered a lot of attention. Presently, it has shown a strong recovery from a key demand area, highlighted by the closure of the daily candle with a robust green signal. 💎 If this recovery proves to be a solid indicator, THETA might be poised for an upward trend, potentially reaching the designated bearish OB area. 💎 However, should THETA fail to maintain this upward trajectory and revisit the demand zone, it will be crucial for it to demonstrate resilience and rebound from this level. A failure to do so, resulting in a breakdown of this area, could signify a shift away from the current bullish trend. 💎 In such a scenario, THETA can enter a downward phase, moving towards a support area and potentially even reaching a lower, stronger support region. The market's response at these critical junctures will be essential in determining THETA's future course.
by MyCryptoParadise
2
THETA/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. THETA Long some now and add more in the dip. Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries. Re -Entry range:- $2.770-$2.7 Target:- 15% to 30% SL:- $2.5 Lev:- 10x This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
THETA BRACKOUT! READY TO PUMP 90%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. #LONG theta/USDT is ABOUT TO breakout this SYMMETRICAL TRIANGLE pattern. ENTRY: CMP ( CURRENT MARKET PRICE ) and add up to $3.22 SELL- 90% STOP LOSS: $3 This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
8
THETA/USDT 1 HOURS ANYLYSISWelcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. THETA/USDT is making this bullish expanding Triangle pattern. Entry: CMP and upside the 2.88 Targets: 20% Stop Loss: $2.75 Stay tuned What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
Theta Breakout on the Horizon!!?Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake this current resistance level we have tested it multiple times and weakening it day after day recently! Now for support we are looking good we have the midline on the pivot bands which i will talk about next but we also have underlying support outside of this triangle, so a false breakout and bounce back in wouldn't be unheard of either. Now the pivot bands, same as the bollinger bands our midline currently serves as support and same goes if we break below it will then be resistance. But my main point with this indicator is that if we do slip out of the bottom of this triangle we will most likely see a bounce back in shortly after, price action touching the green band over and over shows a bounce is likely coming and vise versa with the red top band. Now our RSI is looking bullish aswell, we are finally above the midline once again and this reclaims a confirmed uptrend if we can hold above the 50. the midline serves as support aswell as the yellow SMA which is closely tailing the RSI slightly underneath! Overall we are looking bullish like the majority of the market and i think a breakout to the upside of this bullish triangle is likely coming soon in the next week or a bit more! Not financial advice just my opinion!
Long
by JacobR905