After the classical chart technical breakout and the obligatory retest, the bull-run to approx. 0.98 is now pending.
Where does the 0.98 come from?
This results from the low of the cup to the high to the resistance/neck line. This is now a converted support line, which has been confirmed by the re-test.
The pink arrow is then simply duplicated onto the blue...
Theta token looks like a classic break out.
At the moment the double top is taken out of the market.
It is important to close above the breakout level.
Ideally the breakout should be followed by a retest of the breakout level of the top.
Charttechnically there are no hurdles and therefore OpenSky is possible.
However, resistances could build up at 0.77-0.78 as...
THETA/BTC ( Long Term )
Enter between : 0.00001384 - 0.00001298
Target 1 : 0.00001690
Target 2 : 0.00002136
Target 3 : 0.00002532
Target 4 : 0.00003170
Target 5 : 0.00003787
Target 6 : 0.00004855
Stop loss : 0.00001066
Risk/Reward : 20%/260%
Do not risk a large amount of your money
Do not hurry to buy, the price may go down to good places
Hi my friends hope you doing good, there is another bullish wave possible by the price action of Theta token with Bitcoin pair as it is forming another harmonic pattern.
Formation of bullish Shark pattern:
This time on 6 hour chart the Theta token with BTC pair is forming a harmonic bullish Shark pattern and soon it will be entered in potential reversal zone.
...
Theta Token / Bitcoin Cryptocurrency has formed a bullish gartley pattern and entered in potential reversal zone.
The PRZ are can be used as stop loss in case of complete candle stick closes below the this area.
I have defined the targets using Fibonacci sequence.
Buy between: 0.00001111 to 0.00001019
Sell between: 0.00001184 to 0.00001358
Regards,
Atif Akbar (moon333)
THETA had a confirmation of symmetrical triangle breakout followed by retest of the support, and is currently holding above the breakout in a mini wedge. Going higher very soon for another leg up.
$THETA
Welcome to this quick update my friends.
Theta has been doing great since our first entry. All of my charts have been incredibly correct.
I think Theta will keep growing until the mainnet on 27th May. It's better to keep booking profits and holding some portion till the mainnet.
The Rebuy zone is green box if you haven't entered yet.
TargetS...
Welcome to this quick update.
You can see we booked almost 80%+ Profit on Theta already. It seems there's still fuel left in this trade.
Theta is just hitting the resistance zone.
Expecting a bit of retracement here.
If you bought the top or you're stuck with this trade here's the complete setup for you:
Once we see the retracement we can enter this trade:
ENTRY:...
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.
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...
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
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.
Thanks for Taking Interested in my Trading Idea.
THETABTC: wait for break the Level.
Dear followers, the best Gift for me is "will be your likes , comments & Share
Note: This is only for Educational purposes; this is not investment advice.
Thanks for your support!
Based on recent price action...
Everything's noted on the chart, but essentially we potentially have another IHS forming at the moment (see the prior one marked up), where the right shoulder is possibly being suppressed by the 12MA into the bid zone (1180-1210). If it plays out it should bounce around there to a breakout and retest of the neckline for...
Theta has been into almost 6 months of low volume accumulation period. Recently there is some sort of increase of volume in it. Expecting it to go for a rally soon. So if we close daily and stay above the monthly pivot which is mentioned in the chart, then there will be chances the mentioned target will get achieved. The target mentioned is the safest one and the...
