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Theta Token / TetherUS

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THETAUSDT trade ideas

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?
Short
by Crypto-Swing
+50% Spot Long Position on THETA/USDTThe movement of THETA has been rightly similar to what we expected in the past, and due to the strong fundamentals of this project, it is also in the category of our main choices for future investments. This currency is now in the upper limits of its initial upward trend, which can prepare itself for the next upward move with a small correction to the specified Fibonacci ranges, which will also be a big move. Therefore, we suggest that you look for buying in the upcoming correction and add Theta to your investment portfolio.
Long
by SasanSeifi
3
THETAUSDTHello Dear friends Currently, the price is in a long-term descending channel. The positive divergence of RSI has also been issued for us in the daily time frame. But on the lower time frames, our resistance range is still in place and the upward trend has not been placed above the $1.296 range. On the other hand, the upward trend line has broken down and the price range of $1.236 is on the way, which is an important area. As a result, we expect to react to this range and form a corrective trend up to the area of $1.085 and $0.989. We would be happy to hear your comments
Short
by FiboTech
4
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for THETAUSDT Here we see R1 that used to be support line and S1 used to be a resistance line and also S2 is our support line at the bottom. Presently, the price is fluctuating below R1 and we believe a decline is waiting for it after it reached R1. In case the price is able to rise again when it falls to S1, the right shoulder of our pattern is formed. It may happen that the price has more decline by reaching S1. Bear in mind that it is better to consider the confirmation candles and then make sure what you are doing in your trade orders. 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
Short
by MarsSignals
7