THETAOur bot just sent a $THETA signal. That's the second time it sends a THETA signal over the last week. That's a sign of strength!
THETA looks at long term support which is holding strongly so far.
It has also good upside potential with a first TP at 10% and another around 40%!
MACD also turned bullish today on the daily, RSI is looking good and the daily volume is pretty high!
Entry1: Between $3.828 to $4 (you can place a limit order)
Entry2 : Buy the pullback on the 1H TF.
SL : $3.7
TPs: $4.57, $5.73, $6.3
Theta
Theta THETAUSDT - Bearish descending triangle on the weekly!- Theta was one of the most bullish altcoins in 2020-2021, but now the situation has changed.
- As always i checked all altcoins on Binance and 95% of them are turning bearish, the situation is not looking good.
- The price broke out of the ascending channel on the weekly scale.
- Also we can see a huge descending triangle, which is very close to break down in the near future.
THETA's Future bullish Movement Explained.Hi every one
THETA TOKEN / TETHERUS
we Want To Review Theta To See what is going To happen to it. The Resistance & Support zones are Shown in The Picture. If we consider The Support & Resistance , and make a Parallel Channel out of It, we can Understand That The Price is at the bottom of The Channel & Is ready to ascend Further because There are Regular Bullish Divergence (+RD) On Both MACD & RSI so we can Expect a Good Bullish Movement From Here. another Thing is That if This Expected Bullish Movement Happens, We can See Formation of a Double bottom Pattern is More Likely to happen, which Double Bottom Pattern will also Help The Bullish Situation to Reach the Top of The Parallel Channel.
This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
THETA angling for successTHETA has been holding its support on the 3D timeframe since February 2021 and even with BTC’s recent downtrend, it has been able to (just about) keep above the ascending support (black line).
With BTC finding local support, many alts have begun to push back up into previous channels and I believe THETA may also push toward the upper line in the long-term. I have marked the potential points of resistance (red lines) on its journey toward the upper trendline. If BTC has another sharp drop in the short-term, THETA will most likely head toward its support at ~3.19 (green line) which will be a 20% fall from current prices (~4.22).
With the current market conditions, I have found that trading with tighter TP targets has proved well.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
🆓THETA (THETA) Jan-11 #THETA $THETA
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 3.6$ zone
🔴Buy : 3.6
🔴Sell : 4.4 - 5.2 - 6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 3.6$ zone
🔵Sell : 3.6
🔵Buy : 3
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
THETA TOKEN HAS HIDDEN BULLISH DIVERGENCETHETA TOKEN: HIDDEN BULLISH DIVERGENCE
IN THIS WEEKLY CHART. Theta has been super bullish for nearly 600 days, yes we
did see a long consolidation period, but its coming to a decision time on
the weekly chart. looking at the RSI, its about to break resistance and
remain bullish for a large move up. If history would repeat itself, look
at the projected numbers from a bars pattern perspective. Another note
is that THETA LABS is the only crypto that has the patents to expand
broadband internet. They have said to have nearly 100 patents in the
future. just looking at the chart and some fundamentals. not advice, just
charts here. If you look at what Solana has done, these #'s are possible.
THETA
THETA is bounced from the support of $4.15-$4.25 area. There is also a falling wedge is forming up. The resistance for THETA is $4.6 and $4.9 area. The major resistance is $5.20-$5.25 area. The next support for THETA is $3.85-$3.90 and major support is near $3.60-$3.65 area. We may see a bounce in THETA towards the $4.9 resistance area in coming days.
THETA TOKEN LOOKS EXTRemely BULLISHTHETA TOKEN: WEEKLY CHART-Theta has been super bullish for nearly 600 days, yes we
did see a long consolidation period, but its coming to a decision time on
the weekly chart. looking at the RSI, its about to break resistance and
remain bullish for a large move up. If history would repeat itself, look
at the projected numbers from a bars pattern perspective. Another note
is that THETA LABS is the only crypto that has the patents to expand
broadband internet. They have said to have nearly 100 patents in the
future. just looking at the chart and some fundamentals. not advice, just
charts here. If you look at what Solana has done, these #'s are possible.
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.912).
. 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 60.
Take Profits:
TP1= @ 5.138
TP2= @ 5.272
TP3= @ 5.424
TP4= @ 5.627
TP5= @ 5.947
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 ❤️
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.912).
. 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 60.
Take Profits:
TP1= @ 5.138
TP2= @ 5.272
TP3= @ 5.424
TP4= @ 5.627
TP5= @ 5.947
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 and TFUEL- Dead Or Alive?? Honestly, no opinion here!
I'm asking you: Dead or Alive?
' 'Next generation video and entertainment blockchain powered by you ''. ThetaFuel ranked #93 on Coinmarketcap with 1 Billion dollars...
2 different charts, 2 different views.
Maybe a short on Fuel and a Long on Theta will be my decision..
One Love,
the FXPROFESSOR
THETAUSDT - SETUPTHETAUSDT price successfully climbs up the strong resistance barrier and tries to do some consolidation above the support zone. Price also broke that trendline in a shorter timeframe. Now bulls show some resilience they can easily pull the price towards 6.0 which lies at the resistance zone. Good Luck!
Altcoin comparisons - In case of a correction Following my Wyckoff study two days ago, the potentials for a BTC "Spring" event to effect the Alts needed some consideration. In this study, I have four altcoins for review of their reaction in a BTC correction. I am looking at XPRT, THETA, ADA and DOT. Of all the coins, I find it most difficult seeing THETA making a lower low given it is so far below where I feel BTC will go (in percentage terms). However, anything might happen.