Hey friends, hope you are well, and welcome to the new update on Theta coin. Parallel channel: On the daily chart, the price action of Theta has formed a parallel channel and moving within this pattern since 1st Jan 20201. In the meanwhile, the price action is also testing the exponential moving averages 10 and 21 as supports. And forming higher lows. SMAs: ...
The flag has been a nice trend continuation pattern in the pair, so the current flag is complete and I expect it to drop further. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
Technical analysis regarding the price of THETA NETWORK in relation of dollar Tether for the next scenarios, based on 4 hour movement. The price formed its impulsive and corrective waves and did not seek the previously projected target. However, I keep the projections intact, as the price formed an accumulation on this 4H chart and could possibly break through...
Theta has a monster setup for huge upside here. A touch at 2.0165 should trigger the institutional buying here and could take it to the moon! A stop at 1.850 sets up with a 1:5 + risk to reward zone... massive potential in this one.
Hi friends hope you are well, and welcome to the new update on Theta coin. On the 12-hour chart, after the formation of a BAT move the price action of Theta is completing the final leg of another bullish BAT and soon it will be entered the potential reversal zone. There is also 100 simple moving average support below the buying zone. On breaking down 50 SMA the...
Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You need to make sure you can get support at point 2.2521. If it falls, we need to make sure we get support at 2.11. With support at the...
THETA seems on a reversal by consistently forming Lower Highs, Long now. Remember High risk High return
THETAUSDT H16: BEST Level to SHORT IT 35% gains(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. HIGH RISK setup. proceed ahead with caution. DO NOT USE HIGH LEVERAGE. 🔸 Summary and potential trade setup ::: THETAUSDT chart review/outlook ::: 35% correction incoming soon ::: XABCD BEARS setup point D/PRZ...
- Theta is in a bullish momentum and forming a continuation a continuation pattern with a breakout. - According to the technical analysis, this cryptocurrency can give us momentum on its triangle breakout, just like the previous momentum. - The time to enter is at the continuation of the daily candlestick in case it closes above the bullish pennant.
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...
Based on PA, a bearish trend should be underway, adding confluence is a weakness of BTC Expecting price to hit TP outlined below, should the trend continue i expect other TP lines to be hit as well. Let's see
THETA has lost $2 zone and is falling back to $1.5 zone, which is very strong support since it helped THETA recover on January 11th. Over the next few days, I think THETA will return to $2 zone. . If THETA conquers $2 zone, it can move up sharply to $2.5 or even $3 If it continues to be rejected at $2, it will fall sharply to $1.1 to test the MA200 of 1Day...
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...
Hello everyone! There is an inverted head and shoulders pattern spotted on an hourly chart of THETAUSDT. I made this pattern yesterday, and was waiting for the confirmation, the best confirmation point was at $1.83, where the dynamic resistance is, however Theta rebounded earlier. $2.27 and $2.357 are the must test points based on the pattern, $2.51 is very...