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...
Hello friends
You can see the theta chart in the daily time frame, it is in an upward trend, which is close to the important and stubborn resistance of 2.29
The THETAUSDT trading pair is demonstrating a 'Round Bottom' corrective formation following the completion of a five-wave decline, as per Elliott Wave Theory.
Anticipation for a continued uptrend is warranted, and attention should be directed towards the buy back zone as a potential entry point for long positions. The profit-taking levels have been specified on...
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. Thats what sidetrends are...
Theta has recently completed a 1:1 Fibonacci retracement from 0.578(support) to 3.8 (resistance). It's a good indicator that helps teach new investors that this coin is still strong and active. not dead.
After reaching my target area at 3.8 it got rejected strongly so we may see a possible correction inside the 0.578-3.8 range.
If it can break $3.8 THETA can reach $15
#THETA
The price has been moving in a downward channel since July
This descending channel was broken and the trend is now retested
Moving average 100 was also broken higher
Current price 1.012
The first goal is 1.368
The second goal is 1.63
📊 Analysis:
Recent Performance: THETA has shown strong momentum as one of the top-performing altcoins in recent weeks.
Support Level: Currently at a support level, providing an opportunity for a long trade.
Laddering Strategy: Utilize laddering to enter the trade gradually within the specified support range.
Profit Targets: Target the next resistance areas...
Just throwing this old chart up
I actually made some successful trades to the down side
post the 2021 Bull market top
But that's not the point ...
Imagine having a price methodology in your toolbox
that could have let you simply walk away and move to the sidelines.
And sit out that massive drawdown and the pain of witnessing your bags go down over...
🔍Today, being Thursday, presents a favorable opportunity for opening positions as we analyze THETA to anticipate its trend and future movement.On the 4-hour timeframe, after a prolonged uptrend, THETA has reached resistance at $3.574 and is currently undergoing a correction. Closer examination reveals price consolidation in the second leg of the decline, with a...
📊 Analysis:
Market Observation: THETA has shown strong performance and is currently consolidating.
Current Situation: Theta is trading within the $2.60 - $2.80 support range, with potential for a lower entry near $2.15 - $2.35.
Strategy: Consider entering the trade at the lower support range for a potentially better entry opportunity.
Entry Point: Look for an...
Theta is in downward trend in 1hr and 4 hr and making LL and LH and it can re retraced to 2.24 USD.
Overall its a good coin and bullish on a longer time frame because theta managed to Break LL structure for short term and did a recovery. I am expecting that it will bounce back when BTC is stable in price range.
Few Entry positions to grab in BTC retracement's to...
