Theta
THETA - Bulls Took Over! Target => 🎯Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Weekly: Left Chart
THETA rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes.
Daily: Right Chart
on DAILY: THETA formed a valid inverse head and shoulders and the bulls took over after a momentum candle close above the gray neckline.
🎯 Targets => Our first resistance / target would be around 2.5 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 4.0 would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
8% after brikinghi I get my 7.5% profit I hope you too, since the last Crypto's drope down I note that the THETA and TRX has a nice up trend..
Upward trend this week?Hello to all members of TradingView and my followers.
THETA is trading in the support range of $1.08 to $1.190 for this week. This chart should consider that the downward trend line inside the channel has broken upwards, and the price has pulled back on this trend line. But as long as the resistance in the $1.24 range is not broken, there will be no possibility of an upward trend this week. On the daily time frame, the price has formed a range channel at the bottom of the channel, and given the price reaction on both sides, there is potential for this range to continue for the current week.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Theta Network 111%+ Potential Target MappedTheta Network (THETABTC) did not produce a lower low on 13-June, instead it happened earlier, signaling that this is one of the strong pairs.
We can see THETABTC already trading above EMA100;
Also strong above EMA50.
This pair can easily continue growing.
Note: On a drop/flash crash, the low set at 0.00003718 will work as support.
As long as this level holds -(THETABTC) stays above it- we are bullish.
Below this level things can change.
This is not financial advice.
Thanks a lot for your amazing and continued support.
Namaste.
$NKE Iron Condor IdeaAfter being struck down -7% post ER and general weak market, I like the idea of selling puts on NKE via an Iron Condor (bull put spread and bear call spread).
With a demand zone 95-100 area, I opened 2x position 100/95p bull spread and 1x position 125/130c bear spreads with another 1x to be added on next green week ( assuming we get one) to capture better call premium .
Opex a few months out will give this trade idea time to work and capture more premium.
If you're more bearish than I on this name, an idea would be to adjust the calls closer to the underlying , say 110/115, however after today's purge I favor the probability on the upside hence the 2x put spread
Iron condors are nice because you can adjust the position as the stock moves (adding more legs, etc. ) with the trade making max profit if Nike is between 100 and 125 in the coming months.
Cheers
THETA: BREAKOUT, RETEST, AND BOUNCE. EXPECTING 20% GAIN.THETA/USDT Trade setup:
THETA is recently bouncing back after the breakout and retest. Expecting a 15% to 20% gain soon.
Entry: $1.345 to $1.435.
Stop Loss: $1.29
Target: 15% to 20%.
Leverage: 5x to 10x.
Note: Accumulate the dip and use low leverage.
50% Crashes below the 2 year Moving Average for #BTC Have been end of bear cycles events --- ignoring the CV19 crash which was a correlation 1 event.
It could be an extremely profitable 6 months putting new capital to work in the #Crypto space.
Creating a shopping list of coins that will outperform should be your main priority these coming months.
#ETH
#HEX
#LTC
#THETA
#BNB