Hey guys, I've been practicing TA for a little while now and it's time to put it to test in an accountable environment. Theta is quite an exciting project as it is trying to solve one of the biggest problems on the internet; video bandwidth.
It has all the hallmarks of success and after a nice little run it's now heading back down into a sweet spot. I haven't...
THETAUSDT has breaked a good resistance . there is good potential trade here with forecasted target shown in the chart above and a real targeted by using Indicators below .
Indicator used :
AZV
Volume Power
Volume Analysis
THETAUSDT Long. I have signalled this trade as a Long Trade(Buy), as there are alot of indications signing this. Closure above the Ichimoku Cloud. Daily Candle Closure above the 20 day and 50 Day M.A. Also a trend reversal/switchover on the 20-200 day Moving Average Exponential ribbon.
Below 0.07750 is a long-term investment area.
Fortunately, it is supported by the downtrend line.
If you continue to be supported by the downtrend line, you are likely to rise to challenge the 0.08560 point.
0.09950 ~ 0.10582 We need to gather the power needed to climb above the box section.
Priceline of Theta Token / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09094 to 0.08931
Sell between: 0.09227 to 0.09541
Regards,
Atif...
The main points of THETA are 0.09950 ~ 0.10582 and 0.12874 ~ 0.13648.
If you pass this critical point at once and hold it from above, you are expected to create a flow to ascend further.
If the price falls below 0.07750, it is considered a long-term investment area.
If you want to invest in THETA over the long term, it's best to buy slowly below 0.07750.
If...
Theta completed with the correction pattern, and shown a serious bounce after hitting the bottom trendline towards 0.076 zone. This bounce take the form of Ascending broadening wedge.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY...
Hi Theta traders.
It's a supplemental mid-long term THETA technical analysis to my article written
on my blog: youjin.pro
Main takeways:
1) We are in the long term superchannel. Perfect fit for swing traders
2) EMA 20 crossed EMA 50 with volumes meaning that we may experience
turbulence zone in theupcoming months
3) 0.1 USD appears as great add-one (or entry...
$THETA range to play with. Short squeeze soon. Similar to $ICX #Theta hasn't been succesfull in holding the position above the resistance. Will this time be different? I don't think so, but I will buy it again even if it falls beneath this ascending triangle
![THETAUSDT: THETA Mid-long term perspective [+fundamentals]](https://s3.tradingview.com/o/oxfN5nVI_mid.png "THETA Mid-long term perspective [+fundamentals]")
