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...
Theta has rejected the resistance level, which in my opinion, indicates a signal to go short.
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...
I think we have a good entry price, becasue: -Rsi divergence -Bearish trend break -Strong level
The price of Theta is currently hovering around a support level on a higher time frame. I have a long position.
📊 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 - $2.35. Strategy: Consider entering the trade at the lower support range for a potentially better entry opportunity. Entry Point: Look for an...
Theta is in downward trend in 1hr and 4 hr and making LL and LH and it can re retraced to 2.24 USD. Overall its a good coin and bullish on a longer time frame because theta managed to Break LL structure for short term and did a recovery. I am expecting that it will bounce back when BTC is stable in price range. Few Entry positions to grab in BTC retracement's to...
My Simple Analysis for Theta Network chart looks interesting DYOR & NFA Make Sure To make ur stop lost Targets in chart Good Luck everyone
possible scenario: dropping to lower levels - vol and price divergence can be seen
theta can back to dip BINANCE:THETAUSDT after can back to 44$
I have taken a long position on Theta due to its rejection from the 4-hour support level.
#THETA is finally correcting a little, it seems replicating what it did in the past, where it consolidates before breaking finally the resistance and taking off for the full bull run. I can see retesting the line support around $2.3 level, and stay there up and down for a little then trying to break out. Stay safe/
An idea favoring a bullish move. A move like this allows for the creation of a larger channel A larger bowl structure is shown with the white dotted line Bullish AI coin
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Due to a break in market structure, Theta is transitioning from a bullish to a bearish trend., I have taken a short position to secure quick profits.