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Theta

💡Don't miss the great buy opportunity in THETAUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (6.425). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . THETAUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 7.528 TP2= @ 8.538 TP3= @ 10.099 TP4= @ 11.338 TP5= @ 13.195 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
THETA - Leading the recovery?I've mentioned elsewhere the prospects for Theta and how it seems to be leading the recovery in the major alts, at least the ones I'm watching, so I thought I should share here. As seen in the daily chart above, Theta has formed a very nice right shoulder to a potential Inverse Head & Shoulders pattern. The neckline is at $6.75, which is within spitting distance from here, and a break to the upside of this line of resistance projects a rally to $10, back into the double digit valuation. The corrective structure can be seen to be completed in Wave Counts, and there is a nice bullish engulfing bar at the bottom signaling a trend reversal. With head height in the RSI and lots of space for the MACD to extend, things are looking decidedly bullish for THETA. Will we see $10 and higher soon?
Long
by Crypto-Swing
2
THETAUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time frame. The price was able to climb well. As you can see, at the moment, the price has been able to break its resistance and start moving upwards. As long as it is above its support line, we call the trend bullish. But in case of breaking the support line and stabilizing the fall, we consider the next support. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
4
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