I have been following this trend for some time now, and it has been pretty accurate every time, so believe me or not, but I think #Theta is going to get a new bull run within only a few weeks, maybe even days. So buckle up and prepare for mass gains on Theta!!!
Pattern: Channel Up on 1D.
Signal: Buy as the price rebounded within the 1D MA50 (blue trend-line) MA100 (green trend-line) zone, which has been the strongest buy signal since June 2020. Confirmation when the LMACD forms a Bullish Cross.
Target: 115.000 (just below the 3.5 Fib extension and the 1.5 Fib level of the Channel).
** Please support this idea with...
I longed THETA, the risk reward profile on this one seems decent, will close 50% at tp1 and 50% of remaining at tp2. Rest for a free ride to the $100 mark 🚀
🚀. Stop set around $9. Volatility looks to be increasing in alts so we could see some large moves soon if we see btc appreciate to the 62K mark and beyond
#THETA possible targets for 2021
TARGET1: 18 $
TARGET2: 38 $
TARGET3: 56 $
TARGET4: 115 $
FIRST STOP LOSS: 7.8 $
STOP LOSS AFTER REACHED TP1- 10.6$
STOP LOSS AFTER REACHED TP2- 23.5$
STOP LOSS AFTER REACHED TP3- 31$
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(THETAUSD 1D chart)
We must see if we can move above the 11.22403904 point and break off the downtrend line.
If there is a movement above the downtrend line, it is expected to...
THETA coin price traded at $10.96 with a loss of 3.60% in the last 24-hour and 8.98% up in the weekly time frame. Furthermore, THETA coin price bounced from the support of $8.15. In contrast, the market capitalization stands at $369 million. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases...