A good currency, Theta AND 175% Profit !A good currency, Theta
It has a good foundation, it is one of the infrastructures needed for the development of Metavers projects that have become very popular these days. (Certainly in 2022 we will hear more about Metawares, blockchain games and NFT).
As you can see in the chart:
- After a 371-day uptrend and 22968% growth, in the last 266 days, it is correcting 69% of its price.
Weekly time frame:
- According to the drawn symmetrical and fundamental triangles and the good market trend at the end of 2021, we can hope for price growth according to the yellow resistance lines drawn from 23% to 175%.
1. Do not forget capital management.
2. Do not forget to risk management to Reward.
Good Lock.
Theta
THETA THETA is a lovely project focusing on decentralized streaming.
As the price goes, as low as 3.80 can be met technically. Need a bullish candle pattern to confirm the start of the trend but I never chase the bottom. As in probability, this has a better chance on upside the way I see it.
These prices seem to be good levels for accumulating and my targets for next alt bull cycle are in the chart.
Theta coin formed bullish Gartley for upto 190.5% rallyHi dear friends, hope you are well and welcome to the new trade setup of Theta coin.
Previously we had a nice trade of THETA:
Now on a weekly time frame, theta has formed a bullish Gartley pattern. There is also 100 simple moving average support in buying zone.
THETAUSDT - your turn to break it out?BYBIT:THETAUSDT
1H trend chart
-
THETA is going to take out its downtrend line on 1H
If price can break it out without long upper shadow line, trading strategy as below.
-
Profit Targets:
a) 5.236----Fib(1)
b) 5.531~5.650----Fib(1.272~1.382)
c) 5.905----Fib(1.618)
d) 6.349----Fib(2)
Stop losses:
a) 4.660-----Red horizontal ray
-
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Have a nice trading!
THETA - Watch These Levels...At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon.
We have 2 key areas which we are looking at.
First area: $3.60
We have the recent lows and the 78.6 fibonacci
Second area: $2 to $2.60
In this area we have the correction support.
Trade idea:
- watch for bullish price action at either of these 2 levels
- enter with stops below the reversal area
- Target $16 as first target and $20 for second target.
Please make sure to use alerts so that you can monitor when its close to reversal!
Goodluck.
Theta UsdtTheta Usdt
Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
Current Price : $4.853755
MARKET CAP (USD): $4,853,754,575
CIRCULATING SUPPLY : 1,000,000,000
1st Buying price: 4.55$
2nd Buying Price: 4.33$
3rd Entery and DCA in case of dip: 3.5$ to 3.8$
On 4Hr time frame
Sell Target:
1: 5.2$
2: 5.5$
On daily Time frame
1: 6$
2: 7$
3: 8 and 10$
If accending traingle break out confirme and retest succefullly we will see more pump. Upto 15$
Always buy and sell in parts.
$ hr time frame for short term trader. Daily time frame for mid term
Thanks
Crypto Scool
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.
CryptoMarket Update (#47) : Supply & Demand Forces 101Here's your weekly update ! Brought to you each weekend with years of track-record history..
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