Theta
THETA scenarios 30th of November 2021Hi guys,
THETA has been consolidating for a couple of months now. I expect a bullish move to happen soon. Some big news are about to hit in the first quarter of 2022.
Bull : after breakout from the triangle at over 8$, first target 11.4$
Bear : breakdown under 5.80$, target at around 3.50$
Not financial advice, for educational purposes only.
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Theta UpdateAll levels of support and resistance in the old Theta analysis are on my page and you can see how accurate the chart worked according to my analysis ...
The $ 3.5 support area performed well and prevented further falls
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theta btc some more downward movement before rally upward doableHTF analysis only versus BTC.
downward movement on HTF seems to be the pathway of least resistance offering a buy opportunity with upward movement
TFUELUSD POTENTIAL SET UPAs you can see on the chart, i will wait he come back on the support and if he doesnt come back i will wait, he breakout the RSI 50 level in Daily timeframe.
SL : 20%
Risk : 1% capital
Bet : 5% of my entire capital
IF SL hit : 1% of my capital will be lost (20% of 5% : 1%)
I'll update when i will enter
feel free to comment
📹THETA- Squeeze is coming, 200EMA chopThe price is consolidating on 200EMA/node of big volume in an ascending triangle formation, preparing for a next move. It is additionally supported by nearby (and recently touched) zone of support(green) and dynamic support(orange). If this time THETA could break dynamic resistance (blue dashed) and key level resistance (7.25) we could then hope for some consolidation under major resistance, which could lead to a breakout, and possibly the beginning of a new uptrend. But it's too early to speculate, for now the ultimate goal is to break local resistances.
Entry: buy at current price
Targets:
7.25
7.59
8.32
9.93
11.01
13.22
14.97
15.91
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About THETA:
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet 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.
Source: coinmarketcap
THETA IS ON A VERY GOOD SMARTMONEY MODEL!this is so strong that I trade every kind of it
when you have a strong drop over 4H chart
you need to see the first CHOCH for changing the major trend
after a clear CHOCH you need a good BOS
to break the last HIGH
and the important part for smart money is to GET THE RETAIL SHOKED!
and break their LIQUIDITY!
no there is a strong DEMAND here at the origin
we can enter where smart money entered!
or where a origin make by them
we may lost a little pips
but its more sure! :)
helped by price action and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT
sincerely BEARBOURSE
THETA - Long PositionTHETA (THETA) is currently the #34 cryptocurrency by market cap at $6.6B USD. Trading volume for THETA over the last 24 hours is $212.2M USD. There has been 1 news story on THETA over the last 7 days. The most common news source covering THETA is Theta token Twitter and the most common news category is Project Announcements.
THETA - Good IndicatorsSince BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement.
As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for determining potential energy levels is my way of describing it.
THETA has been in an accumulation stage since like June. It has a solid position in the video and NFT areas of the blockchain. Amazingly, the MacD and RSI are in about the same as late Feb when it gained 500% in 37 days.
Using similar gains the potential MacD and RSI energy, I see a rapid rise to either $11-12 if it stays within the blue parallel channel or up to the $22-26 range before the end of year.
My thoughts, not advice Oklah. Cheers
THETA pumping soonas you see we have a great fib channel and we have two SUPPORT and RESISTANCE line that are having a great reaction so we have to see the pump soon , u can buy once at the support area and another step of buying after breaking the resistance area
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