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Crypto_Master100
Jun 10, 2021 3:15 AM

THETA - Correction Before Major Upgrade Short

BINANCE:THETAUSDT1D
Theta Token / TetherUSBinance

Description

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Analysis:

- Fibonacci Retracement
- Support & Resistance
- Order Block Flow Analysis
- Market Structure

Target: $2.01

Opinion:

If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days!

I believe they will make another drop before this news is announced to wash out the paper hands

Once they are done correcting I will be looking for buys and I will do a follow up bullish markup

If you haven't done your research on this coin, I highly recommend you do :)

This is top 3 on my list for sure and I am so glad I am able to buy at discounted prices

Accumulate Accumulate Accumulate

Comment

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Looking good so far

We have about 8 days until their big news announcement

Comment

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Respect those lines Theta! :)

Comment

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News Announcement incoming this week be prepared for some serious price action

Comment

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Decision Time

How will Theta react when its news comes out?

As always patience

If my target is hit then wonderful but if not I have no problem purchasing at higher prices

Theta is a long term play for me and I plan on holding these coins for years :)

Comment

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Well I was expecting more of a reaction when news came out but lets see how this plays

BTC influences the alts so if BTC retest its low that might drag Theta down

I am confident my target will hit with these last few days of price action but again in due time I will know more

Comment

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Down we gooooo

Will my target be reached?

Lets wait and see :)

Comment

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We might NOT hit my target BUT I am going to BUY anyways because they are following my strategy

The target was based off a fib projection

Lower is always better like i previously mentioned but what i care more about is direction and following my strategy

Once we break this current line I will be looking for BUYS

Accumulate Accumulate Accumulate

Comment

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I am going to start accumulating the next few days...

Theta is going to have a RUN and I will follow up with another chart soon

I called the TOP of THETA few months back and now I am calling the bottom :)

you can in fact catch tops and bottoms consistently despite what they tell you

Its how I make my living ;)

Comment

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I will be looking for buying opportunities over the next few days

BTC has started a bull run so theta will rise without a doubt

I will do a new markup and link it to this one

THETA when moon?

Comment

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Love when price respects my lines

Theyre almost like magnets :)

Comment

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Uh oh will my target still hit?!?!?

Sometimes I do move on a little too fast from my markups

I will be honest I wasn't sure if they would turn it back around so lets see

Either way I know the overall market is bullish and on a bull run so once I have more clarity I will do a follow up markup

In the meantime IF my target is hit wonderful

IF not then thats okay as well

So far I cant complain as Theta has respected my maze :)
Trend AnalysisChart PatternsWave AnalysisthetathetausdtthetatokencryptoCryptocurrencyBearish Patternsshortsetupcryptosignalscryptotrader
Comments
Deknown
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Doesn't look like theta is going for the pump soon
Crypto_Master100
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@thechallengeralihassan, Looks can be deceiving especially when your eyes are not as well trained as mine are ;) the chart is still playing out quiet down
Deknown
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@Crypto_Master100, After you!
Crypto_Master100
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@thechallengeralihassan dude please stop wasting my time with your nonsense. Post a chart of your own or move on. Real traders chart. If I’m wrong cool if I’m right cool. I have many charts on my page. I am always confident until they don’t play out. This isn’t my first theta chart and it won’t be my last 🤫
Deknown
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Hey master,
excuse me for i'm a newbie. When do you expect Theta to hit the target 2.01? Will it take some pump before the dip?
Thanks in anticipation.
Crypto_Master100
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@thechallengeralihassan I was once a newbie myself I don’t mind. The when I am not sure of. I focus on the how. How we get there is how I drew my chart. It could be a few days so let’s wait and see. Have to let the chart play out
Deknown
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@Crypto_Master100, thankssss a lottt
Deknown
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Hey master,
that's a very great Idea, thanks.
I had gone short @6.5 , just holding it for a while will work?
lemme know please.
Crypto_Master100
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@thechallengeralihassan Have to wait and see the next few days. Good luck on your short
Deknown
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@Crypto_Master100, Thank You!!!!!!!!!!!!!!!!!!
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