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Theta

THETA: Hold on tight for a bumpy ride & Watch the Trading Range!I know this is a shaky and bumpy ride, but the real question is: Do you believe in the technology and vision? There are so many coins that have no intrinsic value, but a few actually do: PUNDIX offers real physical products for paying with crypto, VeChain can actually solve supplier-chain issues and Theta does not only help with fair bandwidth allocation, but enterprise validator nodes are run by "Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, DHVC and gumi. Theta leverages its user base of millions of viewers on the Theta Network to seed its peer-to-peer video network along with premium content partnerships with Lionsgate, MGM Studios, NASA, and others. Popular video platforms integrated with Theta infrastructure include CONtv Anime, Party Poker, World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, GFUEL and other OTT media, entertainment, and live streaming services. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments (BDMI), Creative Artists Agency (CAA), and Silicon Valley VCs including DCM and Sierra Ventures." - docs.thetatoken.org There are actually some more valuable coins (in my opinion) like Dent, SiaCoin etc., but you have to do your own due-diligence. So, back from advertising to trading ;) I have highlighted the trading range for $THETA with a yellow box - our candles should close within that (especially weekly and monthly candles). Wicks can be outside of the box, but that's it. When 4hr candles close outside of the trading range, you will see them as a wick on the weekly or monthly chart - no need to be alarmed there and it takes strong nerves, because these shakeouts are sometimes pretty heavy. Large operators try to get the coins/shares as cheap as possible from retail investors, so they flood the market with supply; retail investors panic, sell their coins to "the market" (actually whales) and then the price takes off and large operators will sell the coins back to the same naive investors, who sold their coins at a bargain to them - kind of sickening isn't it? All I can say is hold on tight for a bumpy ride and of course this is no financial advise, just some prep talk :D Remember: "Nothing worth having comes easy." ― Theodore Roosevelt For reasons of transparency: I am invested in $Theta with 1/4 of my account size. 3/4 are kept for buffer cash to buy sudden drops in price. Stay healthy everyone!
Long
by RedFoxTrading
6
THETA - Buy the dip! Or sell at loss?Once again it has been a while folks and I hope you are all healthy and well! The market is still moving in its wide trading range of an accumulation phase and I hope all of you have strong nerves! We have experienced several automatic rallies, that got rejected at the previously established price levels (purple for weekly and white for monthy levels). Theta price had experienced a spring (downward movement, followed by a spring upwards) and now we have just seen another shakeout. Remember: Shakeouts can follow after a price advance has started, with rapid downward movement to induce retail traders and investors in long positions to sell their shares to large operators. As long as the price moves within this trading range, we are fine and I wait for a sign of strength, followed by a last point of support. Usually one should watch out for low volume and diminished spread, which will serve as a confirmation. Finally the price should take off. The only problem is that noone can really say how long it will take, so rather then selling at a loss, I used some of my buffer cash to buy a little bit more and averaged down. For price target references I use my monthly levels of resistance (white lines) or supply zones (red boxed), where I will then sell the amount I have just used to average down. Example: Let's say you bought in at 10$ a coin with 1000$, making a total of 100 coins and then the price fell to 5$ (-50%). You can now rebuy another 100 coins with 500$ and average down your purchase from 10$ per coin to (1000$ + 500$) / 200 coins = 7,5$ per coin (-25%). Now, when the price goes back up to 7,5$ from 5$ you are out of the previous loss (-25%) and back at 0%, with the option to sell 500$ worth of coins (~66,6) and keeping the average price. Your initial coin size of 100 would increase to ~133,3 with an average of 7,5$ per coin. That sounds easy, right? It actually is, but the biggest elephant in the room are our emotions... Controlling emotions is a never ending task, which you can get better a by practicing - unfortunately not with demo accounts, but real trading - just start small. As always, do your own due diligence. This is no financial advice, so trade with care! For reasons of transparency: I am invested in $THETA with 1/4 of my account size. The rest is buffer cash for buying dips.
Long
by RedFoxTrading
1
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!
Long
by opop777
#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...
Long
by CryptoSanders9563
💡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 ❤️
Long
by ForecastCity_World
5
💡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 ❤️
Long
by ForecastCity
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!
Long
by Cryp_Trades