THETAUSDT trade ideas
THETAUSDT needs the breakoutThe price is testing the daily support on 1.050$ and now the market is testing the 4h resistance on 0.382 Fibonacci level.
How to approach it?
If the price is going to have a breakout from the resistance and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
THETAUSDT | BREAKOUT AHEADTHETAUSDT previously broken the rising support and fall below it. Now the price action is continuously taking rejection from rising support. The rising support now acts as a resistance.
We are expecting a bullish trend after break of rising support now acting as resistance. The bears will be only in control below the resistance.
Trade your levels accordingly.
theta usdtthis indicator shows you base and momentum candles
base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones.
Base candles are white in the chart, and you can place your order at the good zone.
Rally candles and drop candles are momentum candles, and bold rally and bold drop show that it is more powerful than its before candle
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for THETAUSDT
Based on our last analysis on June 28, we predicted a falling trend and here you see that our prediction has come true. In this chart, we have R2 which used to be a support area. R1 acts as the resistance area and includes the unsuccessful triumphs of the price in order to rise. And S1 is our support area. At the moment, we see the price fluctuating in a neutral channel and on S1 area. We believe it will fall to the bottom of S1 area and if it falls below S1, it may experience more decline. Also, this is so much probable that the price rises toward R1 and by moving over it and fixing there, it will face more increase to the other resistance area.
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 | BEARS IN CONTROLTHETAUSDT after taking support from risisng trend line approached to falling trendline. The Strong bearish candle formation near falling trend line indicates a strong bearish trend continuation. The support has already broken out.
Now the break of rising trend line will give strength to bears, While on the higher side closing above support level will require bulls to overcome bears.