THETAUSDT trade ideas
Theta 800$ four hundred days later?Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
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THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the R1 resistance and is making a pullback to it. It would be a good place to buy and save your profit at the R2 line. There is also the S1 support line which the price has reacted to before and would be a good place to buy. It is likely for the price to come a little lower and then, if Bitcoin is stabilized, pumps to the R2 resistance. If R2 is also broken, the price will go higher and we will update our analysis. The next target it could see would be $7.678.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
THETAUSDTBeen offline due to exams and some work irl. But i have resumed learning process. Theta is making a beautiful C&H on daily TF with target at 5.9. The project is itself supported with strong fundamentals.
I'm still new and learning. Sorry for mistakes do correct me. Also support me
Trc20 usdt:- TNZYq3agpLhZxgZwho1BGeqkpQ2gBAiyWR
THETA is structurally divergent - Has it decoupled?As seen in the above charts, THETA has diverged structurally from Bitcoin (bottom chart) and the other Alt-coins (middle chart). After completing a 10 month corrective phase THETA appears set to commence another Bull market. In contrast, the other Alt-coins and Bitcoin have only completed the first 3 months of their respective corrective phases.
What do you think? Has THETA decoupled from the Bitcoin market cycle?
THETA - TO THE MOON 🚀In our last post, we had 2 areas of interest where we would buy THETA. See below:
Price came down to the lower buy zone and bounced off perfectly! We are currently up 60% from that reversal zone.
Looking for continued bullish momentum. Please note that on the off chance we reject the descending trendline and make an ABCDE descending wedge, watch the double bottom area for a reentry.
Lets take this to the moon.
THETALooks like THETA is losing steam and setting up to retrace, but not just yet.
Difference between Buyers and Sellers on THETA Spot and Futures markets is inconclusive, Buyer vs Seller dominance shifts every 5 minutes.
Daily volume % is way up, over 1000% on Spot alone.
I tried counting waves, but don't quite see clear structure yet.
I think THETA will arc towards Target #1, other 3 targets need to be evaluated if Target #1 is reached.
Target #1 3.830
Target #2 3.753
Target #3 3.470
Target #4 3.187
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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