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Theta

theta continuation conreection short scalp/swing monthly pivotWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels. Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
Short
by Gunslinger2005
1
Plan BGood Morning. THETA has been ascending in a channel, and still is, since beginning of March. The original trade idea, following my “MacD Theory”, entered the trade Mar22 indicated by the red arrows with a target indicated by yellow line. What a great plan but I was at work when the 4hr reversed so I totally missed it, indicated by the red circle. Hey no worries, THETA isn’t dropping out of the sky, so alls cool. Plan B looks like THETA is in a bullish flag and the 4hr MacD has descended to well, the level it was at the beginning of plan A so again, following my “MacD Theory” I anticipate movement indicated by yellow arrows. My thoughts, not advice Oklah. Cheers
by wildboar8
THETA with a high chance to pump it upCheck this token THETAUSDT pair. After a big dip yesterday, a bullish triangle is coming on. How do I know that? Just check the triangle below and look that the price is testing more than once at the resistence region (green line above). Yes, 2 times the price was rejected, but each time with low bearish power. So we have high chance the price pump it up until the next resistence. Of course, set ever your Stop Loss and the you Take Profit. Enjoy the analysis!
Long
by alevandiE
Theta, which way next?I was dead wrong last time about the bull trap. In hindsight, it's because I wanted to get in at a lower price so that's what I was looking for. I ended up having to buy higher but now I have a position. It's a long term hold for me so now it doesn't matter as much whether it goes up or down from here, however it's got to go SOMEWHERE because look at this setup (on log). Will it go up or down? IDK but it has had such powerful upward momentum that it likely won't go down much if it does, say to around $10.30. And if it goes up, once it clears $12.50 it could spring as high as $25 before having a reversal. What do you think?
by greenvention
THETA TOKEN: Is the dip over?In this chart I slightly repositioned the FIB retracement to reflect the recent upward movement (started on Mar 20), and to see where the recent dip lies within that. Theta is recovering beautifully so far in between .5 and .318 fib levels, better than most other coins, I'd say. I've noticed from the past charts, that Theta often does the opposite of what other coins do. The market goes down, Theta goes up, and wise versa. But it's still important to understand that when our boy Beethoven is making big moves, the rest follow. And while I personally did not expect a dip as wild as this one was, I also overlooked the importance of the news about postponement of Mainnet 3.0 to the end of June. Here in the chart I applied a generous 16-weeks EMA, and together with the recent dip it looks quite organic and healthy. All in all, all the vitals are good; and unless something crazy happens, I personally do no expect it to go back to the $10 area. The 4 hour chart looks bullish, with a clear bullish pennant and a consolidation precisely in the middle. The 1 day chart paints a slightly different picture (so far) with a doji candle (still green though), and an overbought RSI of 82. But when did that stop Theta? Not a financial advise: While this consolidation looks just like the ones that happened before, preceding the previous rapid upward moves, we may not be out of the water just yet. I'd be on a lookout for rapid pushes through the .318 fib level over the next 2 days, to confirm Theta's intention to go up.
Long
by EsmeBoussen
1