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Theta

$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators. Pros: - Broke out of consolidation box between 11 and 13.5, now bouncing as support. - 4hrs bullish divergence. Price made high low when RSI made a lower low. - It's currently making a bullish wedge after a successful breakout. Cons: - Could be a false breakout, with volume significantly decreasing afterward. - We haven't confirmed the breakout of this bullish wedge yet. Entries: - Aggressive buyers could choose to enter now between 12.8 - 13.8. - Conservative buyers should enter as the price breaks the falling wedge at 13.8. - The trade is a 3.2 R/R trade indicated on the graph. Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term) Personal SL: 11.8 If you find this helpful please give a thumbs-up and good luck trading!
Long
by Mattyx227
THETA.USDT (Y21.P2.E4).Next phase to startHi All, The story continues, both Theta and LINK are 2 I have interest in for potential. BNB is done, profits circulated to other coins and these 2 are likely the ones. Observations: Here we have price hitting 1st local target of the 0.618 fib level, with a strong rejection Next will be the main target of 1 fib level. as it pauses up along the next fib level of 0.5 and again, 0.618. The retest on the daily resistance is complete or almost complete. Time to go long. Target levels s3.tradingview.com All the best, S.SAri
by ssari
$ THETA vs Usdt in 1d. 17 April Theta presents a ascendant wedge in which it can have a peak of euphoria that brings the price to 20$ however, the price can quickly return to the average price of the wedge that is in the 11.5$ Probability 1. Fall to $ 10 and return to $ 11.40 - $12.45 continuing with the consolidation process at those prices. Probability 2. Go up to the price of 7.60$, consolidate at $ 7.1 at $ 8.0 and then go up to $ 9.5 - $ 11.0 Probability 3. Not being able to do a consolidation process between $ 8.5 and $ 10 and quickly falls to $ 5.9 to $ 6.5 to try a consolidation process at those prices.
by ndogg776
THETA breakout so obvious your MOM can see it - BUY N LARGEYour mom may not be a skillful trader, but anyone can see this is a breakout of a symmetrical triangle/bull flag pennant. And, to put gravy on top of your THETA steak, look at those INDICATORS..... You also have a couple of the top analysts on TV (trading view), like genius of the sea, Plancton0618, also saying the same thing. What are you waiting for, permission from your girlfriend/boyfriend? GO LONG Free joke What do traders, who also happen to box, place their money on? The punch line.... (completely original, hilarious no?)
Long
by Ifyouonlyknew
3
Theta sets up for long day tradesTheta has made a solid push after a decent flush on the 210 min chart. This has big potential to go alot higher from here. But... it has run into some real resistance (pink dashes/black box.) This creates an environment that is conducive to higher than average probabilities for day trades on the long side, in the intermediate term. Now, crypto moves quick... real quick... So, this setup may only be good for today (4-16-21); whereas something like this would last for weeks in days gone by. All the same, Theta will be on he radar for some day trades which we post privately. If you would like to join in on the discussion for our day trades go ahead and hit the follow! Remember though... we trade charts not coins. So if your preference is to argue over which coin is going to moon next... we are probably not the group for you. Blessings
Education
by HumbleFutures
2