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Theta

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
THETA FUEL - Rocket Fuel 🚀Theta Fuel is the operational token of the Theta protocol. Users will use Theta Fuel to complete transactions like paying a relay node to provide you with a video stream, or for deploying or interacting with smart contracts. Relay nodes earn Theta Fuel for every video stream they relay to other users on the network. Both Technically and fundamentally speaking this is a GREAT project (THETA) and just like in Polkadot case (where i invested in Kusama), TFUEL will very likely keep being on fire. Rocket? the FXPROFESSOR
Long
by FX_Professor
3
THETA and Theta Fuel (TFUEL) soar ahead of June 30 mainnetOne of the new projects we tend to like more and more by the day, THETA is matching strong fundamentals and good technical characteristics at the same time. Promising New developments , Promising looking chart analysis and a nice branding: The Theta blockchain is a decentralized infrastructure that seeks to improve video streaming and delivery . A specific purpose, kinda reminds me the success we had earlier with Enjin. Go THETA! the FXPROFESSOR
Long
by FX_Professor
4
DETAILED LIVE VIDEO- What to Buy on This Dip now?Our detailed video with updated charts on the 10 major cryptocurrencies. Earlier today you had been warned at a PERFECT TIME about ETHEREUM, just a few minutes before it dipped. Now is time to examine the options of buying something after this dip. BNB, Litecoin and Ripple seem to be good options but REMEMBER: You buy the dip, if the price breaks this support levels get out and buy again on next support. If the price goes up, remember to take profits at the next resistance. Hope it helps guys One Love, the FXPROFESSOR
by FX_Professor
THETA HAS A HUGE POTENTIAL!!!On this analysis, I would like to share my opinion on Theta Coin. I'm not a fundamental guy, mostly my analysis is coming from the chart, and what I found on the chart is quiet surprising. First of all, a Descending Broadening Wedge Pattern is forming in the Daily Timeframe, this pattern shows a bullish indication after the Breakout on the Resistance. But, I also saw a Rising Wedge Pattern forming that give us a sign for a further correction before we can see the Bullish continuation comes back on. Disclaimer: This content is not a Financial Advise.
Long
by Kevin_Sailly
3
THETA / USDT - Watch for BreakoutTHETA has been one of the altcoins that's had a pretty rough fall from grace during the May crash. I don't know much about the project itself, other than it has a strong community. Lots of stakers. Similar to LUNA , in that regard. You can see some levels here on the 6-hour Chart . I've added in "price projections" using the Musical Harmonics indicator, which has proved itself solid in the crypto space. Idk why. Either way, if THETA breaks out above $10.02 here this Week / today, here's how I'm going to be playing it. If BTC and ETH both fail here this Week, then it's going to be more downside--or, at best, sideways action. If we see *either one of those* King Coins shoot their shot, THETA will erupt. Mark my words. Well, I'll just mark them myself by publishing this chart. This is not financial advice. Again, I don't know anything about THETA other than its chart over the past couple of weeks has looked increasingly Bullish . That being said, I've been very tuned-in during this past year especially, and have a fairly good feel for the crypto space. The Laws of Physics need not apply here. Remember how AAVE and MKR were front-running every other coin earlier this year? Those two may be headed for Round 2, for sure, but THETA's looking willing and able to throw its hat into the ring here as well. MATIC has spiked, sure, but then it's also spiraled right back down pretty quick. THETA 's actually "held the line", literally, pretty well. Also again: first watch BTC , ETH , ETHBTC . If any of those start to breakdown, or stall out against resistance, exit stage right. Presuming we swing back into " DeFi Summer 2.0 " ( note: watch the DeFi Exchange Tokens, like UNI , SUSHI , 1Inch , CAKE , etc leading up to EIP-1559 ), THETA will leave this earth's orbit on its moon mission. Like, Ganymede . 🚀🌜👍
Long
by ericpaulmangin
Theta and Tfuel a big move expectedWelcome to the new update on Theta and Tfuel. The Theta Mainnet 3.0 is scheduled to be released on the 30th of June, therefore Theta and Tuel both can make big moves before this event. Tfuel breakout of broadening formation: The price action of Tfuel has broken out the resistance of a broadening formation. Now we have the price level resistance at $0.46. Today the price action is also breaking out the $0.46 if the daily closing will be above $0.46 then it can be ideal buying. The technical target of this pattern is $0.60 however, there is Theta Mainnet 3.0 release expected on 30th of June. Therefore we can expect higher profits. The previous resistance of this broadening formation can be used as a stop loss and the previous price level support of $0.40 can also be used for this purpose. Tfuel and the different SMAs: The price action of Theta Fuel has also broken out the different simple moving averages on the daily time period chart, like, 25, 50, 100, and 200. Theta reached the resistance of channel: The price action of Theta has formed a down channel on a daily time frame. Within this channel the price action of Theta first formed a falling wedge and after breaking down the support of the wedge it formed another bullish pennant. Now the price action is breaking out the resistance of the bullish pennant. If the pennant will be broken out then the price action can easily break out the resistance of the channel as well. Theta and the different SMAs: On the daily time frame chart, the price action of Theta has taken a nice bounce from 200 SMA, and now while it is breaking out the bullish pennant at the same time it is also breaking out the 25, 50, and 100 simple moving averages. Conclusion: Before the previous event of Theta 2.0 Mainnet launch, the price action of Tfuel produced more than 1200% profit and Theta generated more than 700%. Therefore this time we can expect that Tfuel can produce more gains than Theta.
Long
by moon333
Theta Network (THETA) - June 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (THETAUSD 1W Chart) If support is found above the 7.12330856 point, we expect the uptrend to continue. (1D chart) We should see support at the 8.78208911 point and see if we can move above the 9.87327158 point. If it falls from the 6.59972404 point, Stop Loss is required to preserve profit and loss. ------------------------------------- (THETABTC 1W chart) It remains to be seen if the price can be maintained above the 18665 Satoshi-20984 Satoshi section. Since it touched near the 12434 Satoshi point and rose, I think the possibility of a second wave of an upward wave falling below the 12434 Satoshi point is open. If the 12434 Satoshi point is falling to find support, it is important to see if it can move up along the uptrend line (1). (1D chart) We will have to wait and see if we can move above the 25631 Satoshi point along the uptrend line. If it falls from the 17437 Satoshi point, Stop Loss is required to preserve profit and loss. ------------------------------------------ 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
3