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Theta

THETAUSDT Bullish Trendline Breakout4h chart THETAUSDT Bullish Trendline Breakout. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
1
THETA - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. THETA is sitting around a strong demand zone in green so we will be looking for buy setups. on H4: THETA formed an inverse head and shoulders pattern but it is not ready to go yet. Before we buy , we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, THETA would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
42
MUST BREAK LEVEL FOR THETA!!Theta has been stuck inside a downtrend channel since around the end of march and has been unable to fully breakthrough out of this channel, the most we have seen is a few wicks above the channel, if we want to see theta go on a big run here we will need to see a break of a few key levels, first the top of the descending channel, the 0.2 FIB level which is lying directly above the top of our channel and then finally the first point of resistance coming from the pivot points. we have actually crossed the bullish pivot point but not by too much, our candles recently have been sitting almost right on this point and i feel we gotta make a move upwards soon before we risk falling back below this level. Looking at the bollinger bands a very key thing that could happen would be price action grabbing onto that top band and going for a rollercoaster ride upwards, which i think would completely blow us right through these few key points i was talking about, in order for that to happen though we need to atleast breakthrough the top of the descending channel, once that is done the top bollinger band will be right in our reach! Looking at the MACD we are seeing good separation within the MA's but i notice the blue ma is starting to come down a bit towards the orange, now this is very important because if we don't see a bounce on the MACD due to a runnup in price we are playing with a possible bearish cross which could definitely set us back even more, we could start to see a little bear cycle on the MACD if our histogram continues to shrink the bars its printing! Not financial advice just my opinion!
BINANCE:THETAUSD
by JacobR905
THETAUSDT { THETA TOKEN } - BULLISH SETUPANALYSIS 🔎 - THETAUSDT was bounded in a descending triangle pattern. - Price brokeout above the descending triangle's inclined resistance. - This is a bullish signal. BUY ENTRY ⬆️ - Market entry: current market price. - slStop limit entry: Breakout above the horizontal resistance level (@6.75). - Limit entry: Retest of the descending triangle's resistance. TARGETS 🎯 - Horizontal resistance level (10.103). - Horizontal resistance level (@15.88). SETUP INVALIDATION ❌ - Breakdown below the descending triangle's horizontal support level (@3.47).
Long
by Chibuike_Odoh
$Theta: Inverted Head and Shoulders Incoming and $10 Inview$Theta has been one of the tokens on my radar for the past weeks and with the decrease in $Bitcoin Dominance, one would expect that certain alts will have breathing spaces. Theta has shown itself to be one of such tokens with Prospective pumps incoming, this prediction talks about its trading level to level. we are approaching the July ATH and this will complete its pattern to form the inverted Head and Shoulders which in itself is a Bullish Pattern, if that holds then we approach the June Mid Range and if we can find another support around there then we push towards $10 which is the June ATH. Its invalidation will be if it breaks below August Open thereby making a movement below $5.5
Long
by theGideonAjose
THETA - Breakout Pending...As with most other cryptocurrencies, we saw a double bottom reversal chart pattern indicating that we are at the end of the bear trend. We are now hovering just below the trendline that will determine whether or not we are in for a bullsih reversal. We can see that price made a move up and now hovering - basically a bull flag. For confirmation, it would be wise to wait for a bullish candles breaking both the consolidation period we're in and the descending trendline. We could be at the start of the next big break!
by Altsignals
1
THETA - Breakout Pending...As with most other cryptocurrencies, we saw a double bottom reversal chart pattern indicating that we are at the end of the bear trend. We are now hovering just below the trendline that will determine whether or not we are in for a bullsih reversal. We can see that price made a move up and now hovering - basically a bull flag. For confirmation, it would be wise to wait for a bullish candles breaking both the consolidation period we're in and the descending trendline. We could be at the start of the next big break!
by Altsignals
Theta Network (THETA) - August 2Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (THETAUSD 1W Chart) If the price holds above the 2.94376146 point, it is expected that the uptrend will continue. In particular, if the price is maintained above the 7.16779511 point, it is expected to create a new wave. (1D chart) If the price is maintained in the 4.32667899-6.46370407 range, it is expected to turn into an uptrend. In particular, it remains to be seen if the 6.46370407 point is above the point and can make a move to break through the 8.60072915-9.66924163 section upwards. If it goes down, you should check to see if it finds support at the 3.25816651-4.32667899 zone. ------------------------------------- (THETABTC 1W chart) If the price holds above the 7534 Satoshi point, it is expected that the uptrend will continue. In particular, if the price is maintained above the 12434 Satoshi point, it is expected to create a new wave. (1D chart) If the price is maintained in the 12371 Satoshi-16144 Satoshi section, it is expected to turn into an uptrend. In order to continue the uptrend, it must rise above the 18031 Satoshi point. If it falls from the 12371 Satoshi point, the support section is weak, so you can touch the 6710 Satoshi-8797 Satoshi section. Accordingly, careful trading is required. ------------------------------------------ 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 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (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.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:THETAUSD
by readCrypto
1
Theta Eyes Breakout Of Multi Month Descending Channel-Theta revived nearly 70% the last week -Price is getting halted at major trend line resistance -400MA has held prices down for nearly 80 days Theta Token experienced a massive bull run over the last year as prices rose 1000s of percent. Despite these gains, Theta fell victim of market movements and fell nearly -80% from its ATH of $15.90. As Bitcoin starts its revival off lows, Theta has been attempting to begin a bull trend for the first time in many months. While looking at the chart, we can see THETA has attempted two breakouts of its multi month channel resistance (green). Price has been respecting this channel for some time as bulls and bears have equally defended it. Along with this trend line lies a major resistance zone from $6.47-$6.85. If bulls succeed in breaking & holding this zone, Theta will be in position for a strong push to the given targets. Along with these two resistance marks lies the 400MA. This MA has held prices down for nearly 80 days as it has been a strong mark for bears to defend. Breaking above this & holding it will likely allow the push to targets as mentioned above. If the bulls fail to break this mark, THETA will be in for a short term downtrend. Price will find support at $5.25 & $4.40. While looking at the relative strength index, we can conclude strength just visited the overbought mark and has since been heading down to bearish territory. RSI must hold above the 50 value to save it from a fall to its next supports. The MACD has been consolidating within bullish territory above the 0 value. This is a good sign that buyers have not yet left the market and as soon as the histogram can tick green, THETA will try another push to its targets. THETA Intraday Analysis Spot rate: $5.71 Trend: Bullish Volatility: Medium 
Support: $5.25 Resistance: $5.88
by CoinGape
THETA - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. THETA is sitting around strong demand zone in green so we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? on H4: THETA is forming a channel pattern in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, THETA would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
43
THETA;Next generation video delivery: (THETAUSDT analysis)Theta is a native blockchain with an open-source protocol, meaning that it allows developers and partners to build decentralized applications on the network, as Ethereum does. It is a decentralized, peer-to-peer video delivery network powered by blockchain technology that enables free, high-bandwidth content delivery. Theta’s main business concept is to decentralize video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs on a native blockchain, with two native tokens, known as Theta (THETA), Theta Fuel (TFUEL), powering the internal economy. Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising and subscription revenues. Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens. coinmarketcap --- thetatoken.org -------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As you can see in the weekly time frame for THETA/USDT, the price is trading around 4.67$ . The general theta trend is bullish and almost unlike many other altcoins it has been able to maintain its bullish trend in the recent bearish market. If the next uptrend starts from this area, it can be considered as 5 Elliott wave and can reach the specified targets by the end of the year, and in the descending scenario, if its weekly candle closes below the trendline, it will fall near the support area. -------------------------------------------------------------------------------------------------------------------- 💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .) 💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯 🙏with Best Regards and successful trades❤️ 💜 if you like my analysis, give a big thumbs 👍 and drop a comment
Long
by PRO_SMART_Trader
2
THETA/USDT DON'T MISS THE TRAIN BREAKOUTGoodmorning Folks, NFT's going strong lately so will THETA be.. I have done my due diligence on THETA and appreciate what they stand for and what they do and want to achieve. I strongly recommend reading about it and do some research on. On the daily chart we have a Bullish breakout confirmation because price closed above the open price of the black candle.. The price is available in a low price area, bullish breakout is confirmed, RSI around 40 and price fluctuating at the down range of the Bollinger Bands. If you wanna make a strategized trade this is the time.. See the chart for support levels en price target level.. Quote of the day; Let the market be your guide. Like the content if you like and follow for more to come!
Long
by MoneyMakingMuro