Theta
THETA - cypher pattern + ichimoku breakoutthe price formed an inverse butterfly pattern (or cypher pattern)on 4h chart and we can expect some upside if we fix above the ichimoku cloud
theta is quite a good project which I honestly personally enjoy and like
im invested in it, but this could be a good swing trade expecting at least a 7%
let me know what you think about this idea
I'm entering the trade if a 4h candle closes above the ichi cloud, just to let you know
i want to be transparent so let this be a loss if I'm wrong!
let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
#THETA/USDT 1HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this THETA/USDT 1hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see from the above-mentioned chart that THETA/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, theta retested the neckline and pumped we can take re-entry at
Entry:- $$3.20,$3.25
Traget:- 15% 20%
Stoploss:- $3.15
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.221).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 3.575
TP2= @ 3.948
TP3= @ 4.352
TP4= @ 4.828
TP5= @ 5.257
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
THETA Network Bull flagThis pattern is one of the many reasons why I’m so bullish on this token. THETA has formend a massive bull flag over the past months and I believe that once it breaks out, we could see some major upside once again. The target of the flag would place THETA at a market cap similar to Ethereum. Do I think it will go that high this cycle? No, but based on the bright future of the Network, I believe that it could hit and even surpass the target of over $300 before 2030!
There is a Short opportunity on THETAUSDTBased on technical factors there is a short position in :
📊 THETAUSDT
🔴 Short Now 3.138
🧯 Stop loss 3.320
🏹 Target 1 2.900
🏹 Target 2 2.650
🏹 Target 3 2.310
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Theta Network (THETA) Sell ZoneTheta Network (THETA) Sell Zone
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BIAS
Long-Term : Bullish
Risk : High
After a correction of over 60% from our mid-term low, Theta Network looks for short-term retest support zone.
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$THETA/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 4 - 4.25
TP 1 : 3.945
TP 2 : 3.865
TP 3 : 3.75
TP 4 : 3.585
TP 5 : 3.46
TP 6 : 3.335
TP 7 : 3.2
TP 8 : 3.08
Stop Loss : 4.44
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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🆓THETA (THETA) Apr-10 #THETA $THETA
THETA is approaching the $3 zone to retest this zone, this is a good opportunity for us to start buying THETA again and expect a new rally to $4.4 and $5.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 3$ zone
🔴Buy : 3.2 - 3
🔴Sell : 3.8 - 4.4 - 5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 3$ zone
🔵Sell : 3
🔵Buy : 2.6
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section