Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the THETA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
This is my current chart for THETA right now. Currently, I am using long timeframes here because this is a long term trade for me personally. I believe many of us are involved for the long term as well , not a quick money grab.
Technical Analysis POV:
We have been in a side trend ever since May 15,2022. Pumping hard and crashing hard. Thats what sidetrends are...
THETA/BTC looking like it can have a breakout to the upside. The symmetrical triangle can hit either direction but with the correct news and updates we could see an uptrend.
THETA is currently in a consolidation phase and trading within a range. The major support zone is between $1.140 - $1.15, and the significant resistance is $1.300 - $1.310. One can use range trading with proper stop-loss until there is no aggressive move from Bitcoin. Additionally, a triangle pattern formation could lead to a setup, so keeping an eye on a breakout...
We've detected a Resistance Breakout and Confirmation on the $THETA / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0000513 | 0.0000548 | 0.0000628 and the major support zones are respectively at 0.0000433 | 0.0000388 |...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the THETA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Hello my friends, I saw a hidden divergence between the momentum indicator and the THETABTC price chart, and on the other hand, the indicators are giving bearish signs. The price of this instrument, if an uptrend wants to move forward based on its hidden divergence, will move up to the moving average of the Alligator indicator, but will return again. The overall...
THETA has an easy path to move upwards with over 100% potential in the coming weeks.
We can see a higher low long-term on this chart, Dec. vs May 2022, and this can lead to a higher high.
This is the THETABTC trading pair.
You can find the targets marked green on the chart while the support levels are marked blue.
Thank you for reading.
Namaste.
Hi dear friends, hope you are well and welcome to the new trade setup of Theta coin with BTC pair.
Previously I shared a long-term trade setup for THETA, which is still in play as below:
Now on a daily time frame, THETA has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
THETA had a range trend during the last week. After the selling pressure, the price of THETA broke the support of the $1 range and pulled back to this resistance, and is still decreasing and moving towards the lower support intended for it. The support is located between $0.765 to $0.590, and if the price hits this area, it can bring a positive reaction. In the...
I am seeing some bullish action but still mixed with weakness...
We will have a better picture in a few days and hopefully things will go towards the bulls, but we can't know for sure.
I have to give you the whole picture.
After the June breakout THETABTC technically remains strong.
The correction took prices as low as 0.618 Fib. retracement which is normal and...
Hello, dear traders. how are you ? Today we have a setup to buy/long the THETA symbol.
We have a break of structural you can buy on close support
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Someone asked me for a $THETA chart yesterday and I found the chart very interesting in that there is a decent case for this correction being done, but also a nice strong support not too far off (approx -20-25% down)...
I drew the support line blue and its just below the red price line. If we don't make a new low, we could bounce here at any moment, but I prefer...
![THETABTC: $THETA/#BTC [#Theta Network]: Resistance_Breakout_Confirmation](https://s3.tradingview.com/i/ixCyHML9_mid.png "$THETA/#BTC [#Theta Network]: Resistance_Breakout_Confirmation")
