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Theta Token / TetherUS PERPETUAL CONTRACT

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THETAUSDT.P trade ideas

THETAUSDT wants the breakout?the price is creating a descending channel on the demand zone on 0.8$ How to approach it? IF the price is going to have a breakout from the channel and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
10
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for THETAUSDT In this chart we have R3 and R1 as the resistance areas that include the unsuccessful attempts of the price to rise. R2 used to be a support area. And S1 and S2 are our support areas which contain the well support of price since the past. At the moment, we have the fluctuation of price below R1 and we predict the price to continue its rising trend upward and by a rejection and decline to lower amounts, again it experiences another increase to reach R2. Even there is a possibility that the price is not supported at R1 or it will fall below S1 and face more decline in the coming days. It is highly recommended to activate your stop-loss points due the unstable situation of the market. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
4
There is a possibility of retesting the resistance!THETA had a range trend during the last week. After the selling pressure, the price of THETA broke the support of the $1 range and pulled back to this resistance, and is still decreasing and moving towards the lower support intended for it. The support is located between $0.765 to $0.590, and if the price hits this area, it can bring a positive reaction. In the daily time frame, we see a correction wave with 38% correction, which considering the price reaction to this range, we can still consider the power of sellers to be higher. Therefore, the minimum we expect is a retest of the previous support level in the range of $0.85. Also, we can see a range trend in the 4-hour time frame. Before the price continues to fall, there is a possibility of retesting the resistance in the range of $0.95 to $1. Because in the 1-hour time frame, the ascending trend line has broken down, and in the event of divergence, the probability of falling to the supports increases. The additional point is that the current resistance that the price reacted to in the last candles also overlaps with the midline of the descending channel and has great power to push the price back toward the supports.
by MonoCoinSignal
2
Theta Network RiskWe read charts and we read signals. We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains. When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great. Look at Theta Network (THETAUSDT) now, bottomed out. If one is smart and do decide to buy after doing their research, the stop-loss can be at tight, at 10-20%... And if you get it right and the market turns... You can be looking at 40%, 60%, 90%, 150%, 200% or more on the way up. That's the beauty of trading cryptocurrency or anything for that matter. We have a maximum risk of 100%. But the potential profits have no limits... And we know that crypto grows 10, 20, 30x on bullish cycles. A few Xs in every bullish wave. Of course, there is no need to risk 100% ever. A tight stop-loss as mentioned before, limits your risk to 10-20%. So you only need to plan, win a few ones and many can go wrong and you still win in the end. We have to be smart though... We have 4 daily candles closing green. The trading volume is still low, nothing is yet confirmed. But after a lower low, short and long-term, with bear volume going lower and lower... We know for sure that soon the market will turn. How you approach it is your own choice. I am just sharing my thoughts. This is not financial advice. Thank you for reading my friend. Happy weekend. Happy holidays. Thanksgiving, all that stuff. I love you. Namaste.
Long
by AlanSantana
2