Theta update- trying to test .161 Closed my short position at break even and going to see if theta can continue this bullish run. My thought is theta will fail .16 retest and if so, I will sell short 25% of theta position above .155 and look to re enter near support levels. If theta breaks .161 then .17 is a possible TP target
Theta testing first line of support. .145 *In my previous update i called for .145 theta today Before adding to my position I need to see how support levels hold (green lines) Also need to see how btcusd performs as it is currently retesting 9300-9600 Any dump can lead to a bigger alt coin dump so safeguard your position w SL unless you are Theta HODL Im...
Looks like BTC is forming a classic bearish divergence pattern and going to retest lower levels. (As long as BTC doesn’t clear 9500 soon) That being said. I would not be surprised if Theta retests .158 before correcting. Forming a similar pattern with btc. I would not go long and try and scalp trade this because when and if BTC corrects. You can get caught...
Well. BTC final retest in mid 9k range. I am short bitcoin at these levels and am waiting for correction unless BTC breaks 9600. Theta currently trending down on btc which means there could be a decent correction ThetaUSDT if bitcoin pulls back. Looking for support on both ThetaBTC and ThetaUSDT before re opening a long position. Support on theta btc coming...
Short theta @ .155 usd And looking to find support in .13 range as long as BTCUSD finds support. Will update this set up. SL @ .165 Trade safe JW
Pretty simple. Im short theta at .155 USD and am looking to add more to my position after correction. As you can see here theta looks to be trending down on btc which is trending down on the US dollar on a 4 HR trend. I will keep updating this set up and provide long entry’s with SL if this plays out. JW
Theta token ready to retest .135 levels in 10 hour timeframe. If BTC holds 8400 I will look to add to my Theta position. I will keep updating this and provide Entry and SL within next 10 hours if this plays out.
Quick update. Looks like btc wants to retest low 9k range. This could lead to a potential break out but I would lean toward a failed retest of this zone. Btc has been on a run so I can’t rule breakout off the table. Currently DXY is looking to rally, and not sure how bitcoin will respond. I would imagine equities may take a bow here. And waiting to see how btc...
Welcome to this quick update guys. Theta just broke out of the inverse head and shoulders. The price bounced and I think it is a good position to book some profits. And left 25% of position to ride in case it follows any of the scenarios shown the chart. If you're not holding Theta or missed this trade. DON'T FOMO. Buy on the retest of the trendline and put an SL...
$THETA Looking for continuation after R/S flip around ~1500 sats level... UCTS Buy signal on the 4H and High timeframes as bullish sentiment EMA50/200 golden cross on the daily. If trend continues, then aiming for high 17xx as target. #THETA
Rough draft of my analysis. Will bring more detail soon! Longs, be careful here. But we are close my friends! I will update with a detailed analysis this weekend. Stay safe out there!
Hello everyone, Firstly read the previous THETA update. i'LL DROP THE LINK IN THIS UPDATE. How it played out perfectly and what I expect now? Here's the chart Observe it. I believe we might get some retracement from here to 1290 to 1400 region which will be my BUY levels. Current Resistance levels are 1540ish.. BREAK ABOVE IT WILL CONFIRM NEW LOCAL...
THETA/BTC -strong breakout of descending trendline resistance -daily candle must maintain above trendline resistance -we need to see follow through the next candle -bull cross of 50ma and 20ma -upside potential is the swing high at 1800 sats -our stoploss is below 50ma
Theta looking for a rally. We have been in an accumulation phase and its ready to break upwards, towards 1500 sats.
Theta has its Mainnet at the end of MAY. Expecting some decent moves from this coin. It dipped more than I expected Got the opportunity to accumulated more. Why Bullish: Strong Fundamentals. Broke above the channel Trading above 200D MA. Targets: Target 1: 1207 Target 2: 1342 Target 3: 1490 Target 4: 1670 Stop Loss: 1030
THETA Mainnet V 2.0 is coming on 27 MAY its official so a pump is coming
$THETA Breaking from symmetrical triangle pattern as it bounces from support at ~1120sats.. UCTS Turning green (Buy) across all Lower timeframes.. If volume keeps flowing in, we may aim for continuation toward ~1300 sats (10%+) #THETA
THETA/BTC THETA bounced at the previous accumulation zone during the Jun-Nov 2019 trading history. Also, a downward trendline of support is built which could act as immediate support if the price has to pull back again. This will be our stop-loss area if this bullish scenario becomes invalid. The upside potential is up to 1400 sats or higher.