THEATUSDT : Are you ready to be H&S pattern ?
Finally ,it broke out the short term downtrend and the short term TP1 is 7.0135
If it can break out the neckline ,trading strategy as below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Theta
Bitcoin follows the beat of its own drum! - VLOG #60BTC making me look like a clown!
Been a while since my last VLOG. Bitcoin has been wiping the floor with me, i had a call for top at 53k and BTC just destroyed me lmao.
Despite BTC breaking every bit of TA you can throw at it, breaking out of a descending triangle to the upside?!?!... despite that this is actually the most I've traded so far this year.
Important to be flexible with your bias, there have been good triggers for longs here, and even if I think its fookin whack that BTC breaks 50k, if it does it does and I gotta long! No choice!
Today I also took a look at LSS / STEP / THETA and RUNE
Spent some time reviewing LSS, was criminally undervalued and got a great correction. Seeing similar patterns to LSS across the alt space right now with HTF descending upper trend lines that are squeezing against major support.
PREDICTION = Could see a flush to below 60k soon, id love to see chop here and give alts a chance to moon.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
2:00 = BTC doing the impossible
5:00 = Flipping bias
6:00 = Clear graph, fresh look
9:00 = BTC 1 weekly
9:30 = Terrible steak analogies
11:30 = LSS - Lossless - LSSUSDT
13:40 = LSS fundamentals
16:40 = STEP - STEP finance - STEPUSDT
18:05 = THETA
19:10 = RUNE
19:30 = Closing words
------------------
NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
THETAUSDT - Buy after stand firm here!BYBIT:THETAUSDT
1H trend chart
-
THETA just broke out and retested the short-term downtrend line(orange line)
Also broke out the long-term downtrend line.
Now, a triangle is forming from the blue horizontal ray and uptrend line.
If price can stand firm at 6.434(blue ray) or 6.147(Fib_0.618) , trading strategy as below.
-
Profit Targets:
a) 7.068----Fib(1)
b) 7.724~7.798---Fib(1.272~1.382)
c)9.479-----Fib(2)
Stop losses:
a) will provide it later
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
Theta | Theta TokenEntry Point : 6 & 6.1 & 6.2
TP 1 :- 7$
TP 2 :- 9$
TP 3 :- 12$
TP 4 :- 15$
For Hold : 25$
Remember Risk Management ;) and its for long-term
The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions.
You Can Buy Now...
Theta Network (THETA) - October 21Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(THETAUSD 1W Chart) - Mid-Long-Term Perspective
Above the 1.9172981 point: the uptrend expected to continue
Above 4.3357882 point: Expected to create a new wave.
(1D chart)
First resistance zone: near 6.4637041
Second resistance section: 8.6007292-9.6692416
Support section: 3.2581665-4.3266790
We need to break above the first resistance zone and see if we can find support above the 6.9164138 point.
If not, you need to check whether the price is maintained in the range 4.3266790-6.4637041.
If the price declines from the support zone, a short-term Stop Loss is required as further declines may occur.
However, it may touch near the 1.9172981 point and rebound, so you should think about how to react.
To accelerate the uptrend, it needs to rise above the second resistance section.
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(THETABTC 1W Chart) - Mid-Long-Term Perspective
Above the 0.0000405-0.0000523 section: expected to continue uptrend
(1D chart)
Resistance section: near point 0.0001237
Support period: 0.0000671-0.0000860
If you look at the chart of the BTC market, you can see to some extent whether the price can rise when the BTC price moves sideways after it rises.
When the BTC price rises, the price of the tokens traded in the BTC market naturally decreases.
However, tokens that show support in a certain section of the BTC market token price or show an upward trend are more likely to show a sharp rise when the BTC price moves sideways.
If you look at the THETABTC 1D chart from this point of view, it is maintaining a downtrend, so when the altcoin bull market starts, there is a high probability that the price will rise in the second order.
Among the indicators used in my chart, there are indicators that can confirm the trend, but I think that by checking the chart of the BTC market like this, you can see the trend more accurately.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of 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 yet been released.
(Because it is not public, 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.)
New pattern and new plan in THETA 4h
In last post about THETA it went down after hit TP2 and retest the support .
There is a potential H&S pattern in the chart.
If it can break out the downtrend and we setup the new plan
SL:5.915
TP1:7.013
If it break out the neckline and H&S will be confirmation .
We can hold and wait for next targets below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
BOSON ALT SEASON FORECAST (The underdogI would love you to review my previous ideas so you can understand what I entail here. As my previous ideas would show. I do find good cup and handle formations during the alt season that has the chance to break the previous ATH. Not just for any alt, but for alts with good fundamentals. In the past, I have made forecasts for coins like Btc, Theta, and Kai with this same cup and handle formation which turned out right with shocking accuracy. People would call me an artist from the future who just merely paints what he has seen before. Today, we are going to feature Boson. Boson reminds me so much of theta and kai. A good project with powerful fundamentals but whose price has been suppressed for so long and it is so obvious on the cup and handle. There are two targets for me here, the first is the normal one which is indicated in blue arrows. The last leg in green arrows which is the final one is a result of the incoming Bullrun/ alt season which coins really blow up crazy. In the past, my forecasts have been under-targeted as the price tends to blow way past my target although, in retrospect, it looked unbelievable. In this one, I try to be more optimistic.
Please share this analysis, let's all make this internet money, also, share your thoughts, and like this idea.
Theta possible breakout and retest on dailyDaily looks like we are in for a surprise from Theta Token.
Weekly looks like we found a double bottom and are forming a big W-pattern.
Possible that we see 24$ at the end of this bullrun.
Or even more if it turns out to be a sleeping giant. Look for a break of 9,73 area for target or entry
THETA - The Bigger PicturePrice has been moving within the parameters of the fibonacci sequence. We can see that price has respected the 61.8 fibonacci on the moves within the bigger ABC pattern.
On the higher timeframe, we saw that price rejected the 50 fibonacci level and is moving towards the double bottom area 3.5.
Will be looking for bear flags down to the 3.5 area and then we'll be looking for buys.
THETA - The next stage comethFollowing the rally in BTC is it likely we will see THETA and other alts follow suit? If so, will we get a cross of the 1D MA20 over the 1D MA50 to trigger a similar impulse to a high as we have previously seen? If so, how high will THETA go?
Let me know in the comments.
THETAUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
🆓THETA (THETA) Oct-8 #THETA $THETATHETA is at its strong support zone and in this October, it could move towards 8$ and 9.5$ zones or even higher but it will take us much more time to conquer the 9.5$ zone. But if it loses 6$ zone, it will fall down to 5$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 6.5 - 6
🔴Sell : 8 - 9.5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 5
❓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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone