Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
-Theta revived nearly 70% the last week
-Price is getting halted at major trend line resistance
-400MA has held prices down for nearly 80 days
Theta Token experienced a massive bull run over the last year as prices rose 1000s of percent. Despite these gains, Theta fell victim of market movements and fell nearly -80% from its ATH of $15.90. As Bitcoin starts its...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
THETA is sitting around strong demand zone in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: THETA is forming a channel pattern in red but our...
I've mentioned elsewhere the prospects for Theta and how it seems to be leading the recovery in the major alts, at least the ones I'm watching, so I thought I should share here.
As seen in the daily chart above, Theta has formed a very nice right shoulder to a potential Inverse Head & Shoulders pattern. The neckline is at $6.75, which is within spitting distance...
After our successful Signal for LTC which hit all targets with about 60% profits 👌 (the original post below this article)
we were waiting for another low risk trade to share freely with you here..
Theta coin is a good based project but for short term I think there will be another last correction which will happen within July n August, and then we may have the...
What we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume, showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for...
THETA / USDT
price is moving inside long falling wedge
Now its testing downtrend line (strong resistance)
Only after clear breakout/retest we can expect new bullish wave ...But for now its just watchlist
Before buy or sell do your own research
Best of luck
All info have been provided on chart. Observe well before taking position.
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Theta is a native blockchain with an open-source protocol, meaning that it allows developers and partners to build decentralized applications on the network, as Ethereum does. It is a decentralized, peer-to-peer video delivery network powered by blockchain technology that enables free, high-bandwidth content delivery.
Theta’s main business concept is to...
It would be interesting to see THETA/USDT to break above the Yosoku Sen and Daily Kumo and set a new trend and aim for previous highs.
I'm watching the lower time frames to see if this can build up to a breakout. (4 Hour and 30 min currently looking ok for more upside)
The daily time frame isn't exactly trending but there is a possible Tenkan sen/ Kijun sen cross...
Trend line retest, Overextended M pullback into an area of previous support, Fib zone pullback into 38-50% zone, Downtrend trend line touch; all bearish signs.
Long entry would only be once price breaks above 61% and finds strong support.
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