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Theta

Theta And TFUEL | Watch Out For Another BreakoutHey dear friends, hope you are well, and welcome to the new update on Theta and Tfuel coins. Release of Mainnet 3.0: only 7 days are left in the release of Theta Mainnet 3.0 and we have already seen that Tfuel has broken out the resistance and rallied beyond $0.60 but Theta coin is still moving in a down channel and could break out the resistance so far. Market crash and completion of bullish harmonic moves: Yesterday there was a complete market crash and all the cryptocurrencies were moving down. Theta and Tfuel both also followed the market trend, but while moving down both cryptocurrencies completed the bullish harmonic moves. The Theta formed a bullish BAT and Tfuel formed a bullish Shark pattern. Shark move of Tfuel: Bullish BAT move of Theta: Tfuel re-tested the resistance as support: The price action of Tfuel found a strong resistance after 13th March. Finally, the priceline broke out this resistance in the month of June. After that, it has re-tested this previous resistance as support three times. But this support is very strong and is not broken down even after several attempts. Every time when the Theta fuel moves to the upside from the support, it is getting rejected again and again by the $0.60 resistance level. Now after the recent bounce from the support we can expect that the price action of the Tfuel can make another attempt to break out the resistance of $0.60. Theta has reached the support of down channel: On the daily timeframe chart, the price action of the Theta coin has formed a down channel. The formation of this channel was started in the month of March 2021. The price action of Theta is moving between the resistance and the support of this channel very well. Now recently the price action is getting bounced by the support and we can expect that while the Tfuel is moving up to hit the $0.60 resistance at the same time the Theta can also make another attempt to break the resistance of this channel. Conclusion: The price actions of Theta and Tfuel both coins have formed the bullish harmonic moves at the same time. Whilst the price actions of both cryptocurrencies are at the strong supports. Therefore, this time this bullish bounce can lead them to break out the next resistance levels.
Long
by moon333
THETA - Correction Before Major UpgradeAnalysis: - Fibonacci Retracement - Support & Resistance - Order Block Flow Analysis - Market Structure Target: $2.01 Opinion: If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days! I believe they will make another drop before this news is announced to wash out the paper hands Once they are done correcting I will be looking for buys and I will do a follow up bullish markup If you haven't done your research on this coin, I highly recommend you do :) This is top 3 on my list for sure and I am so glad I am able to buy at discounted prices Accumulate Accumulate Accumulate
Short
by Crypto_Master100
25
THETABTC Potential Long @ 0.00024000THETABTC Potential Long @ 0.00024000, upon successful retest of the 200MAs with strong candlestick and volume confirmation. Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below. Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins. Why follow? 1. Community of Technical Analysts sharing analysis and trades 2. Live tracking of whale wallet movements 3. Live update of the latest important news 4. Live syncing of popular crypto tweets 5. Ebook covering how to be profitable in the cryptocurrency market As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Long
by cryptotraderog
2
Theta Cup & Handle patternBullish cup and handle patters are one of my favorite. They incorporate the two most successful patterns your statistically trade in your trading careers. The premise behind a cup and pattern is the rounded bottom gains the momentum of the move, once the momentum brings the price action back up to the price where the decline of the selling pressure began, the investors who bought “paper hands” sell at break even which pushed the price action down again while smart investors see the potential of the momentum in price action and start loading up their bags. This then creates a bull flag. Once the price action comes to the lip of the cup and breaks past, the price target heads to double the height of the cup from bottom to top. The best place place to put your stop loss beneath the cups handle. Keep in mind that the entry point is when the lip of the cup starts to break out!! This is very important! You can also play it safer and wait until the breakout comes back to retest the top of the cup flipping the resistance of the cup into support. This is the safest entry point as you know now that you have a support line. It is smart to move you stop loss to break even once the price action gets about one and a half cup sized up, then you’d place your stop loss at the lip of the cup. Here are the price targets and stop losses for this setup on theta! Stop loss: $7.34 Entry:$9.964 Target: $14.95
Long
by Savvythe1
4
THETA Breakout??THETA has some big news coming out in the next few weeks. It is at a critical level. A breakout out of this pattern or resistance shown could lead to some big gains. At this current level there have been several sell off wicks showing that THEAT has significant work to do. The stochastics and indicators present the idea that there is significant interest in the project for this to break out. A breakout of this level would lead to a possible test of the $13.70. Within the daily pattern, a possible BULL flag is presenting itself. Happy trading. Ted
by lockhartT
THETA - Consolidated (As you asked)THETA has consolidated enough on this price range Meaning that if we get a little more support we can pass this resistance shown on chart. Also if the price doesn't get any support, it might fall to the lower price range which I've shown on chart. I'm more positive about the pump because indicators are showing strength and also trading platforms are showing high Buy volume which supports this pump as it should. Current Market Price: $8.832 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
1