BINANCE:THETAUSDT has a somewhat similar configuration to the BINANCE:LPTUSDT we talked about in previous weeks. It is showing a very strong retracement, allowing it to come back to the upper region of a huge accumulation range. This type of movement is often a real opportunity for late buyers! Especially as this zone on the Theta Network is completed by the...
THETA's trajectory has taken a decisive turn, piercing through a critical level and retracing back to it. This area now serves as the last bearish resistance, hinting at a potential decline from here on. Keep a close watch for pivotal movements.
Theta is another great project in the crypto market that has grown significantly. The impulse wave is followed by a corrective wave which seems finished at the 0.5 Fibonacci retracement. Now, Theta is trying to break the first downtrend line. Also, Fibonacci time analysis suggests the end of this corrective wave is near. let's see what happens.
💎 Paradisers, direct your focus to #THETAUSDT as it currently charts a significant course in the market. Positioned within a demand zone at $2.6684, it's gearing up for another attempt to breach a formidable resistance level, hinting at a strong potential for a bullish movement. 💎 Delving into the #THETANETWORK market history, we observe its adherence to a...
💎 Paradisers, keep a keen eye on #THETAUSDT as it's currently shaping up for a bullish turn, trading actively in a key demand zone. 💎 Recently, #THETANETWORK has been navigating through the demand-1 zone at $0.969, showing potential for an upward trajectory. The expectation is for an initial surge, possibly facing a setback from the supply zone at $1.186,...
💎 Paradisers, observe the current pattern of #THETAUSDT, which is signaling a strong likelihood of a bullish turn from its demand zone. 💎 #ThetaNetwork has recently experienced rejection at the $1.448 resistance level, leading to a downward movement. Compounded by recent market uncertainties, the price has been pushed further down. However, if we maintain an...
💎 Paradisers, focus on #THETAUSDT as it unfolds a compelling narrative in the trading arena. Currently nestled in a demand zone, the asset is gearing up for what appears to be a promising bullish ascent. 💎 Tracing back #THETA's market journey reveals a pattern of deftly navigating descending channels, breaking through to embrace upward trends. Now, in a...
Thoughts on THETA are this: - Swing failure double top weakness led to this correction (and H&S pattern at the top) - Currently fighting to maintain current local s/r level - 618 fib below is next area of interest if current s/r is lost - want to see a sweep of the local leg's low then swift reaction/buy-back Time will tell if the market allows this trade, ...
An analysis of Theta (THETA) indicates oversold conditions, potential upside, and highlights key levels, providing insights for market participants. Key Insights: Current Price: Theta is observed to be trading at $1.1 and is considered oversold. Potential Upside: The analysis suggests that the price could be on its way to test $1.15 - $1.20. Key Resistance...
Since October 19, THETA has increased by 50%, primarily due to the upward trend on the BTC chart, which remains a driver for the entire cryptocurrency market. Last night, the price of THETA surged by 15% once again, setting a new local high at $0.833. Buyers still have a greater influence on the Theta Network price than sellers, making a continued upward scenario...
💎 THETA is primed for a bullish surge, as it's currently situated in a high-demand zone and is anticipated to break above the channel. 💎An intriguing observation is that it is maintaining a strong position above the EMA 50. If it manages to close another candle above , it would signal an opportune moment for trading. 💎The Box could see a price bounce-back. If...
They reached the long-awaited targets. He stopped at the entrance Once again, I congratulate everyone who reads my reviews. More information in the profile description THETAUSDT - OPTIMAL ENTRY POINT FOR A LONG POSITION THETAUSDT - ENTRY
It looks great, there is a good zone of interest, the entrance is either from 0.5 fvg, or from the zone of interest with a broken structure. Do not forget that the enrty was only after confirmation. That is - holding the price, volume and LFT confirmation. The targets will be liquidity withdrawal marks indicated on the trading chart. It all depends on your...
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.
We read charts and we read signals. We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains. When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great. Look at Theta Network...
In this study on THETA, you will note the breakdown of the longer-term consolidation over the past two weeks, as THETA has broken through support at $0.95 to form a bearish triangle that also looks to be breaking down. A Fibonacci projection of this drop below support of the longer-term channel presents a few targets; $0.748, $0.648 and possibly $0.485. Do you...
btc is doing it's thing so no trade is safe today. however, theta has a nice setup. i will look for a long at 1.111 and i will exit at 1.219 at about 10% profit. since this is clearly a very dangerous trade,i will set a stop loss at 1.085 which is less than 2.5%. i wont wait for candle closes,simple stop loss order because btc is not acting normal today since...
Theta Network (THETABTC) did not produce a lower low on 13-June, instead it happened earlier, signaling that this is one of the strong pairs. We can see THETABTC already trading above EMA100; Also strong above EMA50. This pair can easily continue growing. Note: On a drop/flash crash, the low set at 0.00003718 will work as support. As long as this level holds...