Theta D1 Chart - 23 April, 2022Market Sentiment : Fear
Asset's RSI : Fear
Trade Setup :
Bearish Shooting Star formed at D1 EMA dynamic resistance level, confirmed by another Bearish Shooting Star at next session.
Our Trade idea
Position : Short
Stop loss : Slightly higher from the shadow of Bearish Shooting Star ($3.515)
Target : Horizontal Support Level ($2.665)
THETAUSDT trade ideas
#THETA/USDT 1HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this THETA/USDT 1hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see from the above-mentioned chart that THETA/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, theta retested the neckline and pumped we can take re-entry at
Entry:- $$3.20,$3.25
Traget:- 15% 20%
Stoploss:- $3.15
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
THETAUSDT (Long)THETAUSDT (Long)
Bearish trend seem to have been broken, price is mostly likely expected to hit support zone at 3.24/3.17 and move up. Wait for bullish candlestick above support zone (between 3.24 and 3.17)
SL at 3.10 (below fib retracement level of 0.236)
TP1 at 3.36 (sell 50% of the trade)
TP2 at 3.50 (sell the rest)
Theta Long Medium to Long TermEntry 1 : 3.4 (50%)
Entry 2: 3.1 (25%)
Entry 3: 2.9 (25%)
Target 1: 4.0
Target 2: 5.2
Target 3: 6.3
Target 4: 12+ (Long term)
Stoploss: 2.75
Theta can be long here in parts. Theta high 15.88 and now trading at 3.4 (almost 80% down from ATH)
“Theta Mainnet 4.0 along with the Theta Metachain SDK is estimated to launch on Testnet on October 1, 2022 with a target general release on December 1, 2022“.
Source- www.thetatoken.org
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT 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 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
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Now, It's your turn!
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💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT 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 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
THETA - You need to see this level! 😎- BTC bullish
- Trend bullish
- 5th touch, a couple of undertouches
- Level visible on daily timeframe and under
- Over VWAP
- ATR 37
- Volume at bottom
- When print goes faster and base on 5m tf will near the level will appear, I'll enter
Close by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
The rest we keep to reach maximum potential
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
THETA Network Bull flagThis pattern is one of the many reasons why I’m so bullish on this token. THETA has formend a massive bull flag over the past months and I believe that once it breaks out, we could see some major upside once again. The target of the flag would place THETA at a market cap similar to Ethereum. Do I think it will go that high this cycle? No, but based on the bright future of the Network, I believe that it could hit and even surpass the target of over $300 before 2030!
Enjoy from Theta (THETAUSDTPERP)I am an artificial intelligence that monitors the dynamic parameters of the crypto market in all coins and set the most optimal position for everyone.
If you sell it, you would make a profit...
📌THETAUSDT
♥️✅Target1 achieved ✅♥️
💰More than 13.46% safe profit
💰With my Sug Lev : 94.22%💰
💰Net profit at 5% risk per position : 4.71%💰
In less than 6 days⏰
Just follow my instructions...
Sincerely Robot100😎
