Theta: Symmetrical Trianglethe main pattern, descending triangle, has reached the middle of the target
now there is a symmetrical triangle forming which could lead to the continuation of the bearish trend if broken below 2.27 or upwards above 4.05
Theta
THETAUSDT - SETUPTHETAUSDT price has reached the apex of the triangle and now hovering around the critical support zone, but when the bulls will charge themself it is a big question. On the breaking of this triangle will leads to a good upside move, So be patient and wait for the price action
Drifting downward tomorrow. RVI is humping over, post is lowerContinuing to profit small on volatility and neutral plays
THETA - AnalysisOn a 4-hour timeframe, a suitable output can be seen from the two ranges of static and dynamic resistance, and it has targets of 3.11 and 3.75 in front of it. If it reaches the range of 2.5 and 2.6, it can be suitable for step entry.
$THETA/USDTTHETA after breakout still waiting for retest to take place right now we are above 0.61fib level probably we will bounce from this level or we could make a deviation to retest the trend line , but any place here it's good entry for THETA .
THETA up to break the triangle$THETA is up to break the long triangle. Will it break above finishing this long time of accumulation? The support at $2.3 did a great job holding, next resistance it's at $4.3 level, over that the volume should come in an hopefully break the triangle with a target t $14.
Theta Breakout on the Horizon!!?Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake this current resistance level we have tested it multiple times and weakening it day after day recently! Now for support we are looking good we have the midline on the pivot bands which i will talk about next but we also have underlying support outside of this triangle, so a false breakout and bounce back in wouldn't be unheard of either. Now the pivot bands, same as the bollinger bands our midline currently serves as support and same goes if we break below it will then be resistance. But my main point with this indicator is that if we do slip out of the bottom of this triangle we will most likely see a bounce back in shortly after, price action touching the green band over and over shows a bounce is likely coming and vise versa with the red top band. Now our RSI is looking bullish aswell, we are finally above the midline once again and this reclaims a confirmed uptrend if we can hold above the 50. the midline serves as support aswell as the yellow SMA which is closely tailing the RSI slightly underneath! Overall we are looking bullish like the majority of the market and i think a breakout to the upside of this bullish triangle is likely coming soon in the next week or a bit more! Not financial advice just my opinion!
THETAUSD targeting $5.2250 on a fractal repeat.Theta Token is trading within a Channel Down and has just recently broken above its 1D MA50 (blue trend-line again). Even though the price remains just inside the Channel Down, that break-out on the previous similar Channel Down of April- July 2021 was a buy signal towards the 0.618 Fibonacci retracement level. That is currently at 5.2250. Notice how we are at the exact same RSI spot of that Channel Down break-out.
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THETA close to a possible breakout but not quite there yet...Theta was in a descending triangle until Jan 22 when it broke to the downside to start forming a falling wedge. We're close to the end of the wedge with a very likely breakout to the upside but we may need some weeks more to get there...
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the R1 resistance and is making a pullback to it. It would be a good place to buy and save your profit at the R2 line. There is also the S1 support line which the price has reacted to before and would be a good place to buy. It is likely for the price to come a little lower and then, if Bitcoin is stabilized, pumps to the R2 resistance. If R2 is also broken, the price will go higher and we will update our analysis. The next target it could see would be $7.678.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
SLP smooth love potion 3 day chart finally getting legsSMOOTH LOVE POTION (SLP)
3 day chart...its gaining some legs
as well as some nice volume...lets keep
an eye on this AxieInfinity little bother
token.... prices and resistance listed,
THETA is structurally divergent - Has it decoupled?As seen in the above charts, THETA has diverged structurally from Bitcoin (bottom chart) and the other Alt-coins (middle chart). After completing a 10 month corrective phase THETA appears set to commence another Bull market. In contrast, the other Alt-coins and Bitcoin have only completed the first 3 months of their respective corrective phases.
What do you think? Has THETA decoupled from the Bitcoin market cycle?
$THETA $USDTOver long term bull coin, for now it broke below 4h s. I believe retest is coming maybe till orange ema. Then down to lower zone. Prob wick to 4h support line, so dca from entry point ain't bad.
THETA - TO THE MOON 🚀In our last post, we had 2 areas of interest where we would buy THETA. See below:
Price came down to the lower buy zone and bounced off perfectly! We are currently up 60% from that reversal zone.
Looking for continued bullish momentum. Please note that on the off chance we reject the descending trendline and make an ABCDE descending wedge, watch the double bottom area for a reentry.
Lets take this to the moon.
Theta Network (THETA) - February 12Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(THETAUSD 1W Chart)
(eng)
If the price is maintained above the 1.9172 981-2.9437 615 range, it is expected to create a new wave.
The price needs to rise above the 4.3357 882 point to hold the price in order to turn into an uptrend.
If it declines from the 1.9172 981 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required.
If it moves above the 4.3357 882 point and breaks out of the downtrend line, I expect to find primary resistance near the 6.9164 138 point.
(1D chart)
First resistance section: around 6.4637 041
Second resistance section: 8.6007 292-9.6682 416
Support section: 3.2581 665-4.3266 790
The trend is expected to continue out of the 2.9437615-4.8165031 section.
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(THETABTC 1W chart)
If the price holds above the 0.0000 753 point, it is expected that it will lead to an uptrend to create a new wave.
However, to convert to an uptrend, it must rise above the MS-Signal indicator.
Therefore, it should rise near the 0.0001243 point.
Movement around the week that includes February 28 should see if we can break above the MS-Signal indicator above.
If it rises above the 0.0001 243 point, I would expect it to rock up and down on the 0.0001 243-0.0001 473 section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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THETA looks promising!after the successful break yesterday we are waiting on a corretion to enter a long position.
let us know what you think about THETA.
THETALooks like THETA is losing steam and setting up to retrace, but not just yet.
Difference between Buyers and Sellers on THETA Spot and Futures markets is inconclusive, Buyer vs Seller dominance shifts every 5 minutes.
Daily volume % is way up, over 1000% on Spot alone.
I tried counting waves, but don't quite see clear structure yet.
I think THETA will arc towards Target #1, other 3 targets need to be evaluated if Target #1 is reached.
Target #1 3.830
Target #2 3.753
Target #3 3.470
Target #4 3.187
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BINANCE:THETAUSDTPERP
FTX:THETAPERP
OKEX:THETAUSDT
HUOBI:THETAUSDT
HUOBI:THETAPERP
BYBIT:THETAUSDT
$THETA needs to break up out of this channel and do a new ATH If Theta can break out of this downward channel a 10x move is on the cards this year.
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.596).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD 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 67.
Take Profits:
TP1= @ 3.881
TP2= @ 4.303
TP3= @ 4.676
TP4= @ 5.259
TP5= @ 5.907
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 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 ❤️
thetha retest the broken triangle as you can see currently theta is at strong resistance and strong supply area we can be looking for short opportunity
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.596).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD 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 67.
Take Profits:
TP1= @ 3.881
TP2= @ 4.303
TP3= @ 4.676
TP4= @ 5.259
TP5= @ 5.907
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 : USD Wave 5 target $37.60 - $47.41THEATA : USD
Potential wave 5. The fib relationships look good but the time its taken for wave 4 to complete when compared to wave 2 isn't great. EMAs are bearish. That leads me to consider two main options, 1 this is a bear market relief rally or 2 its still a bull market and wave 5 has just begun. The bull flag is enticing and the risk reward on this trade is very good. There's a potential for a 10x with very little downside is stops are places responsibly.
Key Points:
Wave 2: Hit high probability fib target of 0.707
Wave 3: Front run high probability fib target of 1.618
wave 4: Overshot high probability target of 0.382
Bull flag: Break and test from above to continue macro trend
Daily EMAs: We are below the 144, 169, 244 EMAs & they have crossed bearish on the daily. This is not bullish. Needs to breakout and test from above.
The trade:
Entry 1: Around here, $3.42 - 1hr chart has broken out and retested 244 EMA. 169 & 244 EMA has crossed bullish.
Entry 2: Break out and retest of the 244 EMA on the 4h chart combined with bullish cross of 169 & 244 EMAs.
Entry 3: Break out and retest of bull flag: ~$4.20 - $5.20
Stop 1: Break of the 244 EMA on 1h, currently at: $3.24 (-5.6%)
Stop 2: Once 4hr EMAs have crossed bullish and price has tested from above, stops at 244 EMA on 4hr chart.
Target 1: 169 EMA on the daily currently at $5.13 but sloping down and decreasing. (+54%)
Target 2: 0.618 relief rally = $7.80 (+132%)
Target 3: Fib: length of wave 1 projected from the end of wave 4 = $37.60 (=1017%)
Target 4: Algo: 0.236 length of wave 3 projected from end of wave 3 = $47.41 (+1300%)
Notes:
Symmetry looks off.
Relationship between wave 2 & 4 doesn't have the 'right look'
Wave 4 has taken much longer that wave 2.
EMAs bearish on higher timeframes
Never Trust. Verify.
Not taking requests so please don't ask.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
#THETA/USDT, facing dynamic resistanceFundamental:
Theta is one of the assets which working on streaming, due to increase requests for streaming service specially after COVID, invade our world,
this kind of decentral streaming platform might face a high demand in future.
Technical and Trend analysis:
The price face high overbought saturation on 2.5$ and price beautifully react to PRZ and start a bullish divergence, however Theta have a strong dynamic resistance on its way.
if the price could break through the down trend line(yellow one) and again make a pull back to the trend line ,price potentially can pass the static resistance on 4.6$ and upper one around 5.8$.
Caution:
it's not a suggestion for buy or sell, only my idea about the price action and potential movements for THETA.
it would be appreciated if you share your idea with me on comment
thanks for your patience
