THETAUSDT trade ideas
THETA UPMOVE COMINGTheta token reached the previous continuation accomulation zone where we expect the bigger players to hold the price.
From a riks-reward standpoint this is a rare and well set up trade.
We do recommend to take multiple profit by smaller parts every potential reversal zone.
Because of the yield inversion in the market the short term interest is favored, so we use trailing stop as well by ATR trailing stop.
THETA - Bearish breakdown?In this study on THETA, you will note the breakdown of the longer-term consolidation over the past two weeks, as THETA has broken through support at $0.95 to form a bearish triangle that also looks to be breaking down. A Fibonacci projection of this drop below support of the longer-term channel presents a few targets; $0.748, $0.648 and possibly $0.485.
Do you think we could get a 30% drop, or more, in the value of THETA? Will this be the final drop to exhaust sellers and conclude the bear market?
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
ARE YOU READY FOR THETA MAINNET 4.0#THETA is going to launch their mainnet 4.0 - THETA Metachain with SDK for developers.
What we expect?
A pump breaks 0.944.
Why 0.944?
It's #ICT - #FVG high.
It's also previous (broken) equal highs.
Targets: 1.031 and 1.115
Stoploss: 0.894
Trade is invalid if price move below previous low which confirms Market Maker Sell Model by ICT
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.
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.
THETA under resistance and looks ready to continue upwards THETA - under resistance - safer entry on retest
👉 enter on 2hr time frame ( TF ) — daily TF shown to show bigger picture
alert set - so I'm not staring at the chart all day
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for THETAUSDT
There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades.
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
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for THETAUSDT
There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades.
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
THETAUSDT | READY TO BREAKTHETAUSDT has been trading under the falling resistance.
The price has printed bullish candles on support level.
The bears looks exhausted.
The bulls need to break above falling resistance.
We are expecting a bullish break out above the falling resistance.
Manage your trades accordingly.
