Hey friends, hope you are well, and welcome to the new update on Theta coin. Previously we have seen that on a 12-hour chart the price action was expected to complete the final leg of bullish BAT. Now finally the price action completed the leg and so far it has rallied more than 24%. The SMAs on the daily chart: O daily chart the price action of Theta broke...
ANALYSIS 🔎 - MATICUSDT is consolidating in a symmetrical triangle pattern . - Breakout is imminent. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: horizontal resistance levels (R1, R2), fibonacci extension...
Continued pump or further correction. Crossing the purple decision boxes will decide. If it is an ABC correction then target is 2883 sats. Not necessarily needs to be an ABC correction. Supports and targets outlined in green.
Theta token price is moving in triangle breakout above the 5800 satoshi
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...
********************************** Price: 1.93 USDT Entry LVL: 1.7-1.9 USDT TP_LVL I: 2.4-2.45 USDT TP_LVL II: 2.8-2.85 USDT TP_LVL II: 3.5-3.7 USDT SL: 1.7 USDT Expected Return: 29%- 48%- 94% Reward/Risk: 3.2 **********************************
Finishing up a 5th wave into the green area. I haven't done any time analysis. The green area is merely an idea.
If THETA can hold above the breakout line, the result could be a real blast off. If we take into consideration the very very large inverse Head & Shoulder formation the target could be somewhere over the rainbow !! My only regret is that I took profits too soon (with 50% of my holdings) ...
THETA looking like it wants to rekt early H&S shorters / pattern traders who don't know what they're doing. Just above support and trendline, already hit the 0.618 of the move from 4300s to 6700s, about to make a higher low. Conservative / safer entry would be to wait for a break and close above 5520s.
IS theta due for a temporary pull back? I think so Theta has had a solid past few weeks after rallying over 100% and much over 1,000% on the year. Pull back would from here is likely and normal. Accumulate on the dips Short the tops off or Hodl (Hold on for dear life) (Not financial advice)
$THETA Pushing against 4700 sats level w/ slightly increasing volume UCTS also showing a buy signal on the daily chart (20%+ up already) For now I'm waiting for this level to cross/flip into support, If happens aiming for continuation toward higher targets (~5400 sats) #THETA
price made really amazing cup format breakout above will send the price in price discovery zone new all time high we are going towards in theta usdt pair buy above All time HIGH on breakout or enter at the retest
THETABTC is looking good but to reach the peak it needs to break 4800~5400
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
$THETA Something to watch & see if its able to hold above ~3900 sats 🔥 on a potential IH&S pattern.. Volume showing a higher spike today as UCTS is switching into buys on lower timeframes.. Aiming for ~4700 sats as 1st target (15%) #THETA
I don't even know what are the fundamentals, chart speaks for it self. This coins is correlated with nothing, pumps when nothing is pumping not even Alts. Unlike the majority of Alts, Theta is in a rising channel indicating long term strength. Recently it reached the bottom of the channel and formed a very bullish divergence. Today it broke over key level in the...
I'm observing theta. formatting cup and handle pattern. if the candle breaks resisntance- buy