THETA/USDT nice break out long term!Theta made a nice breakout today out of the bearish Pattern. Target for a pause around $1,45-1,55
THETAUSDT trade ideas
THETA VOLUME AND TREND ANALYSISTHETA TREND ANALYSIS
THETA is breaking out of a triangle to the upside, which indicates to take longs only at the moment.
The Breakout is being supported by the 50 EMA, which could be a good entry point.
The EMA pullback is being combined with the Trend retest.
VOLUME ANALYSIS
The volume profile shows us 3 different key zones:
The Value Area Low: The Value Area Low can be seen on the retest area and by a technical standpoint this two indicator combined most of the times leads to a move.
The Point of Control: The point of control is where the highest most amount of THETA is being traded. This could act as a resistance so it is recommended to take some profit on that zone.
The Value Area High: The Value Area High shows a pretty good resistance at the moment where most of the position should be realized. As a trailing strategy it is a good option to realize as much as possible and let the rest of the position run in the mentioned reversal area.
OVERALL CONCLUSION
This Trade Setup has a really high chance to play out, but never forget to take some profit. Always look at the macros and look at the overall crypto market how it behaves.
We still haven't seen a depegging event from the traditional markets, so as long as the SPX rises, we are safe, but as soon as it starts to fall, we would exit the position.
THANKSGIVING
I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!
(IN THIS TRADE WE WILL NOT SHARE MULTIPLE SCENARIOS, LIKE IN THE OTHER TRADES, BECAUSE ALL THE POSSIBILITIES ARE MENTIONED ABOVE)
THETA long possible 3 trades setupImo, On HTF, 3 swing trades are possible
1- If stays above $1, target $1.50-1.70 area.
2- Once 1.75 is flipped, target 2.25 and 2.60
3- Once its in expected range, target 4.25-4.50
Ichimoku Analysis for THETAclosing above this block will be a good long for at least 20% profit. Need to keep sl at 0.97 thoug
THETA/USD out of steem ?We traded Theta to the upside and made some nice profits. My last TP point is almost hit around $1.08. On the 4Hr chart I see some weakness so I took some profit on Theta allready and wait till I see some new strength.
THETA - Lift Off !!! 🧑🏻🚀I predicted THETA would crash 95% from $12 and be an excellent buy sub $1 links below
And so it would appear it bottomed at $0.7.
This has been a long descending channel with plenty of pressure building up and we've also been eyeing up THETA/BTC - a beautiful curved descending structure.
And now it is a rocket!!!
Been eyeing this one up a very long time.
Where were you 😸?
Not advice.
THETA at MA200Theta literally right at the MA200. Could do a trade with a super tight stop loss (short).
THETA/USDT.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
THETA/USDT broke resistancesHello guys
Let's get ready for upcoming week. Well we see here that THETA has been forming Cup & Handle pattern which secure the neckline zone and is currently moving to test upper resistance zones. Well as you understood we see a good chance for a bullish movement here so might be time for some DCA as a spot holdings.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Theta USDT Prediction This Theta/USDT formation of Inverse head and shoulder, entry point #1 : 0.85 entry point #2: 0.82 .
Target : 1.2
ThetausdtOver All Moving In Falling WEdge (Bulish PatterN)
On Lower TfS Falling Wedge Has Already Broken Now Im Expecting A Test Of Main Trendline Between 0.88 to 0.92 Area And If Got Cleared Then Expecting Move Towards 1.30 and 1.70
Safe Sl Would Be Below Recent Low Entry Can Be Taken On Lower Tfs Retest
THETA Good time to accumulatetheta is is fundamentally strong coin, and technically we can see bullish divergence in weekly time frame and personally I believe 1 $ under it is good time to accumulate in log term. Not a financial advice
THETAThinking something like this for THETA , unless we just finished the 3rd wave I would expect a 4th now. But the 4th would head to almost $2.50 and cause a breakout of the triangle.
Which would be a serious counter trend move & I'd expect my count is off if that happened.
THETA | THETA daily analysis.On the daily time frame, THETA remains volatile within a descending wedge. I added a trendline inside the wedge. THETA is challenging the trendline as resistance. Under the condition that the market continues to recover, the price breakthrough will bring us to the upper boundary.
If you like and support our analysis, please give us a like and leave your comment. 😘
Good luck~☘
Theat usdt Potential shortTheta reached its potential resistance level it seems to be short from here. till 0.70 NFA
Testo// Set the moving average period
period = 10
// Calculate the moving average
ma = sma(close, period)
// Set the entry and exit conditions
entryLong = crossover(close, ma)
exitLong = crossunder(close, ma)
// Use the luxAlgo function to create the Lux Algo signal
luxAlgo(entryLong, exitLong)
THETA will crash 95%+ and provide an EXCELLENT entry SUB $1THETA's goose is about to be cooked in tandem with Bitcoin retracing back to AT LEAST 20K area. Could THETA have one last surge? - yes of course, but with Bitcoin cliff-walking and Ethereum going parabolic it looks like this chapter of the show will be over soon enough. THETA has been a big hitter but what goes up must come down and price is looking corrective. Target for entry is currently sub $1.
Break the trend line and shoot upThis token has formed a new LTF higher high signalling a good opportunity for long but if it does come down it will retest the white demand to clear liquidity, invalidates that and it's heading for the weekly support which is the blue line below
THETAUSDT wants the breakout?the price is creating a descending channel on the demand zone on 0.8$
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 🦐
theta weekly resistance In the short term, there may be a double bottomed rise. if it slides down, the bottom support is activated
Theta Falling Wedgefalling wedge seems bullish and at the same time it is on support and the red volume is decreased which also indicates the coming pump in theta
