💡Don't miss the great buy opportunity in THETAUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.813).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52
Take Profits:
TP1= @ 2.980
TP2= @ 3.090
TP3= @ 3.251
TP4= @ 3.410
TP5= @ 3.546
SL= Break below S2
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THETAUSDT.P trade ideas
THETAUSDT - Long - Potential 32.42%THETAUSDT - Long - Potential 32.42%
Exchanges: Huobi.pro, Binance, KuCoin
Signal Type: Regular (Long)
Entry Targets:
1) 3.290
Take-Profit Targets:
1) 3.434
2) 3.665
3) 4.353
Stop Targets:
1) 3.031
Entry Triggers - slight pullback entry from yesterdays market pump. May retrace to Pivot at 3.11 but high probability of trailing BTC's bullish pump if we hold above EMA200
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: $2.75
Stay tuned
What's your thought on this?
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Thank you
#PEACE
THETA up to break the triangle$THETA is up to break the long triangle. Will it break above finishing this long time of accumulation? The support at $2.3 did a great job holding, next resistance it's at $4.3 level, over that the volume should come in an hopefully break the triangle with a target t $14.
THETA 130% growth potentialTHETA TOKEN has completed a harmonic pattern, in addition to exiting a bullish wedge pattern as a double confirmation. It has an upside potential of 127%. You can start collecting the token in parts to dollar cost average. It could also be a low leverage swing trade in futures.
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!