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Theta

Massive falling wedge on THETATHETA has corrected off its highs for a full 365 days having corrected 85%. Its formed a massive falling wedge on the HTF and come into a weekly demand range with high volume bottom as its come into the zone. Price action contracting and getting squeezed with the last supply zone failing to put in a new low with a new HL being formed. 3D RSI looks reset and above the MA with bullish divergence on the RSI and MACD. MACD on weekly about to to form a bullish crossover as the histogram converges. This looks pretty bullish here and definitely a buy the dip move. I think its going for its high on the next leg up, only a matter of time imo.
Long
by marshyyy
During a recovery from the 1-year low, should buy THETA coin?The theta network coin appears to be in recovery stage, just above the 2022 year's lowest trading zone. Theta coin is watching near the 50-day moving average after maintaining a price above the 20-EMA. Stoch RSI provides notification of overbought areas in the context of the daily price chart. Theta coin's daily price chart is trading above the 50-day moving average after the crypto price remained well above the 20-EMA line (white). The bulls need to cross the 50 EMA for further upside. The Theta Network coin is trading at 0.00007357 satoshis concerning the bitcoin pair, which is up 3.79% in the green zone. Stoch RSI is looking at the overbought area in the context of the daily price chart. At the time of writing, the values of the K and D lines seem to be above the 85-level. The Average Directional Index (ADX) is trending lower and the ADX is now at 7-point, suggesting extreme sideways territory for the Theta coin. Last night's bulls attempted to push the Theta network price higher but failed to close the daily candle above it. Now once again, buyers are aiming to manage the asset price above the 50-EMA. Traders should wait for confirmation above the bullish barrier before making any long positions. Resistance level- $4.5 and $6
Long
by TheCoinRepublic
THETA decision soonTheta is approaching strong resistance from the top median line of the red downtrend Pitchfork as well as the center median line of the counter uptrend Pitchfork. There's a demand zone marked by green rectangle that'll act as support as long as THETA doesn't get rejected hard by the top median line of the red Pitchfork. Once it does break through, there's a supply zone above that'll likely trigger a pull back ideally to the re-test the top median line of the red Pitchfork before moving up.
by mindandwar
THETA, key level FALSE BREAKOUT as a good BUY oportunity!The Theta Network (THETA) is now more in consolidation than in trend ( bullish or bearish ). The $3-3.15 zone is now a resistance for about a month and a liquidity gap zone. We cannot break through that zone, because there is no BUYER above this levels at the moment. After the breakout of the key level of $2.59, the big players can collect the traders' stop losses and it will be a good opportunity for us to take long positions. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
3