Theta has broken the trend and market structure. As per Dow theory, It started making LH -LL and can expect another LL in couple of weeks. Defined resistance and support in the chart. I am expecting that Theta will back to 2.5 to 2.7 range, if it break than we can see that it will move to 3$ if not we can expect another pull back and find another LL..
THETAUSDT Market update This is my current chart for THETA right now. Currently, I am using long timeframes here because this is a long term trade for me personally. I believe many of us are involved for the long term as well , not a quick money grab. Technical Analysis POV: We have been in a side trend ever since May 15,2022. Pumping hard and crashing hard....
I suggest considering a potential long position entry with the idea of compression and liquidity collection from all levels above, targeting up to 3.8. At this level, participants with short positions using up to 3x leverage from the current global volume cluster are going to be liquidated.
Following a period of upward movement, the price experienced a downturn and stabilized around the 2.4 level. Currently, a descending triangle shape has emerged, with the resistance of the pattern being breached. This development signals the dominance of the buyers, leading me to anticipate further upward movement.
Bullish Pennant formation on 12H #THETA chart. Currently, it is bouncing off from the weekly support zone. Now it is facing MA50 and the trend line. In case of a successful breakout, targets are: $3.151 $3.820
#THETA The price is moving in a triangle on a 12-hour frame, which it adheres to perfectly. We have a major support area at the level of 0.1165. We have a trend for stability above moving average 100. We have a downtrend on the RSI indicator that supports the rise and is about to break higher Entry price is 2.50 The first goal is 2.77 Second goal 3.14 Third goal 3.56
Hello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring THETAUSDT for a buying opportunity, THETAUSDT UPDATE Breakout and Retest of the Falling wedge pattern has almost completed in 8H timeframe✴️ Maximum chance to gain +40% profit💰💸 in next few days 💯 ✅ ✍️
Theta Coin is forming a nice triangle formation where the price is pushing towards the lower support zone (no volume yet from bulls). If all plays are nice, we should see good downward momentum here! Swallow Team
Buy #THETA Before it's too Late ✍️✍️.. Hold with patience
# THETA The price is moving in a downward channel on a 4-hour frame and we have a green support area at the 2.40 level Now we have a breakout that is about to occur well after bouncing from the green zone Our RSI indicator has a trend that is about to break to the upside Entry price is 2.80 First goal 3.06 Second goal 3.40 Third goal 3.80
ThetaUsdt making a series of LHs and LLs also show a downtrend in RSI at 1h timeframe.
🛤️🔺 THETA Long Spot Trade Setup! 🔺🛤️ 📊 Analysis: Support Area: THETA is currently at a strong support zone, indicating a potential rebound. Bullish Setup: Favorable setup for a long spot trade. Upside Potential: Targets set at resistance levels above. 📈 Trade Plan: Entry: Consider entering in the $2.50 - $2.70 support area. Take Profit: Aim for profits at...
Bullish scenario Resistances 3.1 upper limit bull flag, 3.47, 4.36, 4.9 bull flag target Bearish scenario Supports 2.6, 2.45 in 50 ema, 2.169, 1.84 lower limit bull flag
#THETAUSDT UPDATE THETA Is on the way as predicted already in good gain. Now this is making bullish pennant pattern. Here it has maximum Chances we can see gain upto 40%+ soon ✍
The falling wedge pattern has been broken, along with a series of lower highs and lower lows. The formation of a higher high is a positive sign for buyers. On the upside, buyers can target resistance levels at 3.24 and 3.35.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
💎 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...
Theta is rejecting an order block, which could potentially lead to an increase in price.