THETAUSDT - SETUPTHETAUSDT price successfully climbs up the strong resistance barrier and tries to do some consolidation above the support zone. Price also broke that trendline in a shorter timeframe. Now bulls show some resilience they can easily pull the price towards 6.0 which lies at the resistance zone. Good Luck!
Theta
Altcoin comparisons - In case of a correction Following my Wyckoff study two days ago, the potentials for a BTC "Spring" event to effect the Alts needed some consideration. In this study, I have four altcoins for review of their reaction in a BTC correction. I am looking at XPRT, THETA, ADA and DOT. Of all the coins, I find it most difficult seeing THETA making a lower low given it is so far below where I feel BTC will go (in percentage terms). However, anything might happen.
THETA/USDTHello Everyone,
You know about the future of WEB 3.0 is bright & this is the right time to invest in WEB3.0 Tokens. You should take benefit of this dump & accumulate your favorite coins/tokens for a good profit.
so here I have the best ever & strong web3.0 token for you. THETA is a WEB3.0 token that ranks in the top 50 of the Worldwide ranking & right now undervalued. currently laying ono strong demand zone. THETA is Always pumped from this zone & this time again moving up after retesting.
Conclusion:
Buy More & More THETA WEB3.0 & Say me Thank Later.
Good luck.
URGENT UPDATE: The Best Triangle in the WORLD - A $THETA storySince I first drew the triangle in early October of 2021, my email box has been deadened with fan mail. Legions around the globe have deemed this triangle to be the "best triangle in the world". I am not sure about that! But it sure is interesting. Here is an update with current price action. Notice how $THETA constantly respects this triangle that it has now broken from.
The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
So..where do we go from here? Time will tell... But we are now out of the triangle.
OP: The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
THETA BTC
if it breaks upwards we have officially had a test of the previous ath versus btc.
I keep an eye on green box. If there is a strong reaction in this zone, I open a lung.
Otherwise I'll wait for the rejection at the red box. wait for the switch from bear to bull on the lower timeframes.
Thats it trade safe champs.
Ps; for me it is a strong signal when I come across a morning doji at a support. It's really a strong forcast that bottom has been reached. see circles.
A good currency, Theta AND 175% Profit !A good currency, Theta
It has a good foundation, it is one of the infrastructures needed for the development of Metavers projects that have become very popular these days. (Certainly in 2022 we will hear more about Metawares, blockchain games and NFT).
As you can see in the chart:
- After a 371-day uptrend and 22968% growth, in the last 266 days, it is correcting 69% of its price.
Weekly time frame:
- According to the drawn symmetrical and fundamental triangles and the good market trend at the end of 2021, we can hope for price growth according to the yellow resistance lines drawn from 23% to 175%.
1. Do not forget capital management.
2. Do not forget to risk management to Reward.
Good Lock.
THETA THETA is a lovely project focusing on decentralized streaming.
As the price goes, as low as 3.80 can be met technically. Need a bullish candle pattern to confirm the start of the trend but I never chase the bottom. As in probability, this has a better chance on upside the way I see it.
These prices seem to be good levels for accumulating and my targets for next alt bull cycle are in the chart.