We've seen the development of a nice bull flag/pennant over the past few weeks, but it remains to be seen whether this is indicative of things to come. If it has the momentum and influx of volume, I could see THETA testing the strong resistance trend and perhaps breaking out of established channels.
actually im holding theta for long term but tryin to increase the number of theta by trading . I think there is a chance to do that because there is an ascending triangle formation. For that formation the price expected to increase very quickly / sharply
I will try to make profit from in-trend-line-theta. Green area is buy zone. Red area is sell zone as you know :) Its about %9 profit dont forget to use stoploss just under support line
Penant flag forming along with huge volume. I see much more to this trade.
Looks like Theta is breaking out of the firm downtrend, we'll have to see what kind of channel it establishes. Worth a near term gamble.
After completing its elliot correction wave sequence THETA BTC has broken its descending triangle and had a golden crossover on the MACD, still room to grow on the RSI also. Theta is brand new on Binance hence the 30 min chart. Its a solid project and i think it has much more room to grow. My targets at the moment: 1. ATH of 4000 2. 1.618 fib 5000 3. Open...
Theta is on support of the Gann 8x1 Fib Ray - Current top is the 5th Arc but Theta has already outrun one of my charts and is parabolic - Resistance on the Arcs on the way up - If the arc stops the price it will drop to the previous arc for support and try and catch ascending support off the next fib ray across
Its a new coin so its hard to judge without any history to look back on - Something like this is a possible path before a drop, but could go higher as per the dotted lines - Depends on the hype and fomo factor
Long via Jun15/Mar16 diagonal for $4.37 POP: 50% Max Loss: $4.37 Stop Loss: Price at $64.40 Max win: As of right now, $263 Target: Price at $75 Long Jun15 $66 call: 61 delta Short Mar16 $73 call: 14 delta. I structured this trade to give me the most profit as close to my target as possible (in the case it shoots straight up), while still having a positive theta...