THETA - A Risky But High RR ShortSome frothy ALTs have been pushing up while BTC looks very corrective hovering around 0.618 of the previous local peak. Reasonable chance THETA will tag 0.886 from the top-to-crash-bottom before heading down. Also if recent price just printed a minute wave 2 then a 5th wave would almost exactly hit the 0.886 at $13.5. I have a small short order in this area.
Not advice.
Theta
THETA/BTC last resistance THETA / BTC
Despite the drop in USDT pair
In BTC pair we see THETA almost touched ATH again !
it already brokeout a bull flag or decending channel
The last resistance for it is previous ATH ...After Breaking this resistance it can fly easily
It can also retest 0.00021 level which is very important level to hold for continuation of bullrun in this coin
Invalidation : daily close below 0.00021
Dont forget to like my ideas for more good calls and analysis 🙏
Tfuel 26 days to Main Net 3.0 = Sleeping Godzilla?!Hi, thank you for reading this idea!
we are looking at the Daily timeframe.
as you can check on the official Theta Lab Website (www.thetatoken.org), We have only 26 days left To the lunch of Mainnet 3.
as you may not know: this update is focusing on the Tfuel Staking through their Edge Node and etc.
Based on the Ichimoku cloud, there are two points that I have marked in the chart that we have to watch carefully.
if the Ichimoku completes its move to the upside, a Massive Price break out is very possible.
This is only an Idea, Always stick to your own analyses, keep studying charts and
Wish you all the bests.
Alert Rocket Ship Pattern Forming TFUELAfter a long trying anaylsis of the charts, I have discovered a Rocket Ship pattern emerging in the TFUEL market.
The Rocket Ship pattern is one of the rarest patterns in chart analysis, because it has very little to do with chart anaylis and more to do with project analysis.
Mainnet 3.0 JUNE 30TH 2021
When you see a Rocket Ship pattern it is best to load up, strap in and HODL on!
Come back July 1st to see if we made it to Adromeda Galaxy or have simply stopped at the edge of the Milky Way for some RR.
ThetaBTC going long Theta just broke out again in BTC pair... target is set measuring the pole without the wick, although we could be witnessing a new ATH for Theta this time, but still I am playing it safe here.
What do you think? Will there be a new ATH record here, or will BTC volatility cut it short?
THETA - Make Or BreakTheta is at a critical level at the moment. It's facing the 100EMA dynamic resistance and previous structure at $8.50 level. If we manage to break that level, we can consider buying Theta. Until then, it looks very corrective and bearish and we could see a move lower.
Keeping a close eye on the $8.50 level to see how price reacts.
THETA - Make Or BreakTheta is at a critical level at the moment. It's facing the 100EMA dynamic resistance and previous structure at $8.50 level. If we manage to break that level, we can consider buying Theta. Until then, it looks very corrective and bearish and we could see a move lower.
Keeping a close eye on the $8.50 level to see how price reacts.
The most bullish chart in crypto!Hi crypto traders,
Using the Anchored VWAP, we can clearly see that we are in a bullish macro trend but short term correction. Bulls are in control and we will not close on the daily lower then 2.7usd.
Price targets for THETA are just mind-blowing. We could see even 200usd per THETA. But better exit, it will be once the price touches again the yellow log scale up trend
Thank you,
THETAUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has lost its support and is starting to move down. We wait for the price to break its resistance and then we enter the trade. We have identified the next resistance for you that we can make a profit in that area. And we have specified the support for you that can be supported in case the price falls.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
THETA 1D Where to sell and where to buyLet's take another look at THETAUSDT on the global chart today
Since the 75% drain of the coin cooled the dust of small investors a little.
First, let's look at our previous idea THETAUSD , which was published 2 months ago.
Then we wrote that if the price is kept above $11, then there will be a chance for growth to $18. We did not see $18, but the market fixed the maximum +45% at $15.88.
And then the price was drastically lost in two passes. We should recall the words from the last sentence of the previous idea: "a cool head suggests that big money went to THETA in the region of $2"
The minimum price of THETA during the drain was $3.85 and then a corrective rebound began, which continues to this day.
An important area on top is $9.15-11.30 , where current growth can be expected. It is hard to believe that the THETAUSDT price will break this zone up from the first time.
And then we again return to the liquidity zones from the bottom, where the coin was bought with a lot of money.
The first zone is $1.50-2.40
The second zone is $0.55-0.75
(of course, sellers will first need to push the price below $4)
For the future, place buckets for purchases in these zones if the negative background continues to push cryptocurrency prices down.
P.S:
Let's not say that we want these prices, but theoretically, they are real on the crypto market because the price of THETAUSD has grown from $0.04 to $15.88 in a year.
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THETA - The Bigger They Are The Harder They FallI'm not shorting THETA but as with all alts it is on the brink of collapse right here. Tagged the 0.886 as did many others, I doubt it will go higher. Price could really collapse here in tandem with Bitcoin capitulating out of a wave 4 flat correction into a devastating wave 5. See my Bitcoin thread below for details.
@kevlemarin,
"Gas" token are bullish"Gas" tokens are pumping today. ONG showing the best performance. Probably will come back to 2100 / 1800 where it will be the best buy. Pay attention to ONT as well.
TFUEL can be picked at 660 / 620. Pay attention to THETA as well.
GAS at 2600 / 2300. Pay attention to NEO as well.
Theta Network (THETA) - May 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(THETAUSD 1W chart)
(1D chart)
It remains to be seen if it can rise above the 6.75133141 point along the uptrend line.
If it falls this way, you can touch the 4.33578821 point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 8.78208911 point and be supported.
The next volatility period is around May 25th.
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(THETABTC 1W Chart)
(1D chart)
We must see if we can quickly ascend above the 17437 Satoshi point.
If it falls this way, you can touch the 13341 Satoshi point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 18665 Satoshi point and gain support.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Theta formed bullish Shark for upto 79.5% rallyHi friends, hope you are well and welcome to the new update on Theta coin.
The previous trade setup of Theta produced nice profits:
Now this time on a 2-day chart, the price action of THETA has formed a harmonic bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $7.77 to $6.54
Sell between: $9.08 to $11.77
Stop loss:
The maximum extent of the potential reversal zone to $6.54 can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 79.5%, and a high loss possibility up to 16%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#Theta Bull pennant - Swing Long $THETA $18 incoming. Entry - current Price
Stop - 9.40
Exit - $18
Leverage - 10 x
#Theta Analysis - Strong Bullish Pennant Formed (bulls in control)
4 Hour time frame analysis
Indicators - Bull Divs Locked in, reclaiming supports, bullish price action.
Set Up - Bullish Pennant (faked out to down side)
Fibs - Currently trading inside the golden pocket.
Price Target - $18
THETAUSDT huge triangle on daily support zoneAfter a 400% increase in just 23 days over Feb and March, THETA has created a massive descending triangle during its 2 month consolidation phase. It is getting pretty close to being forced out of the pattern but even if it breaks below (which it might do because of latest market dip), it will fit a strong 1D support zone which should hold. I reckon it's time to stock up again if the price drops another $1!