hey guys, quick technical analysis on theta, looking very nice and clean hopefully price respects the fibbonacci support area as price is currently in a symmetrical triangle approaching the support trend line very correctively anticipating a bounce from the lower trend line for a bullish move to the upside.
I've been looking for good entries on THETABTC. I personally think the bottom of valley could be the possible accumulation zone and the possible distribution target of its high of the candle (high of the swing low) but I'm too of a beginner to make clear decisions. What do you think is the possible buy and sell targets? Share your thoughts.
THETAUSDT (4H CHART) Technical Analysis Update Symmetric triangle breakout THETA/USDT currently trading at $12.60 Buy-level: $12.00- $12.60 Stop loss: Below $11.30 Target 1: $13.60 Target 2: $14.75 Target 3: $17.00 Target 4: $20.00 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share...
Your attention is the global idea on the THETAUSDT chart The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000% It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :) But we turn off the FOMO effect and continue to analyze the graph soberly. THETAUSD...
As RSI showing over buying in this area, we are going to see a strong consolidation in THETA. Right now everything is in favor with THETA for next One Day.
Don't want to be holding onto anything for too long with the choppy conditions BTC is presenting us currently, however THETA has been one of the few projects that has held up well and recovered strongly. We can see its primed for another wave up at the moment! Wanting to take profits just below the 4hr trendline. S/L: 10.95 TARGET 13
What Is Theta (THETA)? Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of...
THETAUSDT (1H CHART) Technical Analysis Update Pennant Pattern THETA/USDT currently trading at $7.34 Long Entry-level: Above $7.58 (only buy if 4h candle closes above 7.58$) Stop loss: below $6.34 Target 1: $9.00 Target 2: $10.00 Target 3: $12.50 Target 3: $15.00 Max Leverage: 2x ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical...
This could very well be the last THETA dip
If you haven`t bought it here: Now even though THETA is bullish on higher timeframes, it gets sell signals on lower ones. Sell on 1 hour chart Sell on 4h chart Buy on 1 day chart If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Hello Traders,, The chart is telling me THETA is bullish. I have a price target of $6-$6.50 Will update as this unfolds.
Hey friends, hope you are well, and welcome to the new update on Theta coin. Parallel channel: On the daily chart, the price action of Theta has formed a parallel channel and moving within this pattern since 1st Jan 20201. In the meanwhile, the price action is also testing the exponential moving averages 10 and 21 as supports. And forming higher lows. SMAs: ...
Bull flag formation: In US Dollar market the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has been formed within this flag then it can reach at $3.5 easily. Cup & Handle move: On daily time frame chart, with the...
all details in the chart:
An interesting project with small daily trading volumes. From March 2020, Theta token is in a solid upward trend. Measuring the percentage of growth which THETA's price made in 7 months, we were amazed. x20! The global support level for the token is in the range $0.2-0.24. It was in this range that buyers managed to stop the aggressive fall from $0.6, ...
Preconditions: Entry could be into trend direction or against. Entries into trend direction have bigger priorities. Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better. Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR. The price moved many days towards the key level...
Theta ~ A lot of demand behind this asset given that there has been a broader market sell off yet market structure is still bullish ! Break of horizontal structure and a retest confirming price action is bullish . Looking for that 618 extension to get hit if bitcoin doesn't get too volatile