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Theta

🌳THETA'S Expected MovementHello every one THETA TOKEN / TETHERUS THETA has Done a Massive Bullish Movements But Has been Reduced a lot Recently as well. If we observe The Chart at Weekly Timeframe, We can Understand That The Price is in a Pretty Big Descending Triangle. The Support zone which is at the Bottom of This Pattern has Done Greatly and Held The Price above 3.4$. There Might be a New Bullish Run Soon because If you observe The MACD you Can Understand That There is a Regular Bullish Divergence (+RD) on It & It Is a Great Sign of a Incoming Bullish Movement.There Is a High Chance For a Break out To Happen But We Shall Wait and See If It Is gonna Happen or not (No Confirmation) The Resistances Are Shown on The Chart So It Is Expected That The Price Would React To It if The Said Break out Happens. The Price will Be able To Reach It's ATH if The Break out happens. 🟡What Is Theta (THETA)? Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta main net operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch. Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes. Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users. 🔴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
by CobraVanguard
10
Which day of the month to buy THETA at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias. In some of our portfolios we have THETA, which we buy every month in Dollar Cost Averaging (DCA). As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price. On the 21 and 27 the price of THETA tends to fall and therefore on these days, we can buy at market whenever we want, considering that the day is calculated at midnight UTC . Also we can combine the BIAS information by looking at the graph where is presented: - Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786 - Support and Resistances provided by Ichimoku/Chikou If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator How do you guys calculate your DCA entries?
by TheSocialCryptoClub
2
THETA - then I went shoppingYesterday I thought I worked out a pretty good paper trade for THETA. My wife and I needed to go run some errands and shop so I activated the trade (yellow arrow), then I went shopping. Ya I probably got stopped out while I was choosing radishes and cucumbers for the dinner salad. Anyway, theres something to learn here and I thought I’d share. The set up; Here’s part of my journal entry for yesterday morning prior to trade: Thu 20Jan22 - 1130 - $4.569 * 1m - RSI@51, Lowest Ever, no DV, LVLG - sRSI@40, sml data, DSC RG - EFI +0 sml DSC * 1w - RSI@43, hasn’t been this Low since Mar, lwr C DV 03Jan TCUP - sRSI@39, sml DSC RG LNS CNV - EFI -0 ASC - MacD - SD 29Nov on SL, LNS DSC PRT CNV, DCR RB * 1d - RSI@ 52, BTM “V” 13Dec, upr C ONG DBL DV TCUP, lwr C DV 17Jan cont TUP - sRSI@46, LRG ASC GR - EFI +0 STR ASC since 07Jan - MacD - BD 16Jan BLW SL, sml LNS ASC, INC GB - MA - ABV 20ma, @ 50ma, W BLW 200ma - VOL - 3 nice GB * 12h - RSI@60, upr ONG C DV TCUP, lwr cont UPTR - sRSI@76, XX 19Jan ASC GR - RFI +0 sml ASC - MacD - BD 11Jan BLW SL, LNS ASC to SL, INC GB * PA - MSW inout RM since 03Dec, PRT B ABV RM & sml TL to sml SA @4.58 - PA BO new SA sitting on 20ma ASC Jibersish right? Well long term RSI seemed to be levelling but the sRSI and EFI’s were somewhat inconclusive showing signs of an uptrend. Shorter time frames showing uptrendish indications. As you see in the 30 min chart, PA ascended to a support area and bounced creating resistance support range which are indicated by the 2 small blue trend lines. The Trade; Having now identified a possible trade entry happening, to confirm the uptrend, I was waiting for the PA to touch the lower trend line as a retest and bounce up to and past the upper trend line. It did bounce off the lower trend line ascending as hoped, now just wait for it to break above upper trend line and we’re good to enter, but I have to go shopping. So I entered prior to my second confirmation. Learn; - Nothing in the indications could have predicted BTC’s drop so … it might have worked if bit didn’t …. - Could have just waited till I return from errands and see if I have second confirmation. - Could have set a market buy order at or just above the upper trend line and gone shopping. - deeper - while BTC and the market are in a downtrend, looking for uptrend trades is a crap shoot So there we have it. If you see anything I missed or have constructive input by all means add a comment. cheers My thoughts, not advice Oklah. Cheers
Long
by wildboar8
2
Theta Network (THETA) Buy ZoneTheta Network (THETA) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium On 4 hours time frames, Theta Network rejection at the expected long term double bottom. Expecting a strong reaction from our entry zone our second retest. -------------------- $THETA/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 3.75 - 4 TP 1 : 4.135 TP 2 : 4.33 TP 3 : 4.65 TP 4 : 5 TP 5 : 5.49 TP 6 : 5.9 TP 7 : 6.435 TP 8 : 7.3 Stop Loss : 3.432 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1
THETA, the price is already near this resistance. THETA is in a trading range between the $5.2 and $3.6 levels. In addition, the price has already approached the trend line and the middle of the range. These are strong resistance levels and if they are overcome, price is likely to head towards the upper end of the range. A breakout of the resistance could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. 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.
Long
by Yuriy_Bishko
5
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
Long
by CryptoKoryoDefi
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
Long
by CobraVanguard
5
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!
Long
by kush23456