THETA/USDT Bounce from the demand. Could THETA Continue Upward ?💎 THETA's recent market performance has garnered a lot of attention. Presently, it has shown a strong recovery from a key demand area, highlighted by the closure of the daily candle with a robust green signal.
💎 If this recovery proves to be a solid indicator, THETA might be poised for an upward trend, potentially reaching the designated bearish OB area.
💎 However, should THETA fail to maintain this upward trajectory and revisit the demand zone, it will be crucial for it to demonstrate resilience and rebound from this level. A failure to do so, resulting in a breakdown of this area, could signify a shift away from the current bullish trend.
💎 In such a scenario, THETA can enter a downward phase, moving towards a support area and potentially even reaching a lower, stronger support region. The market's response at these critical junctures will be essential in determining THETA's future course.
Theta
📉📈 THETA Trade Analysis 📊💹🔍 Recent Price Movement:
THETA faced rejection at $1.45 three weeks ago and has been retracing since.
🎯 Current Resistance Zone:
Now within the $1.15 - $1.20 resistance area.
🔄 Potential Scenarios:
If rejected, further downside could test the next support at $0.975 - $1.026 or even $0.85 - $0.90.
📈 Trade Consideration:
Considering a long trade on THETA amid the potential for cash to shift from BTC into alts.
📅 Timing Around BTC Spot ETF:
Anticipating cash movement from BTC to alts following this week's BTC spot ETF announcement.
📣 Conclusion:
THETA's current position within the resistance area requires careful consideration.
Potential rejections may lead to testing lower support levels.
Trade decision may be influenced by broader market dynamics post BTC spot ETF news.
📰💹 #THETAAnalysis #CryptoTrading #MarketWatch 🌐📊
THETAUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: THETA/USDT
📈 Technical Analysis:
THETA/USDT is signaling a compelling BUY opportunity based on recent technical developments. The price has reflected from the 61% Fibonacci level, indicating a continuation of the uptrend observed over the last 200 days. This bullish momentum is supported by Fibonacci analysis, with the first take profit (TP) target set at 100% Fibonacci and the second TP at 127% Fibonacci.
📊 Trade Details:
Entry Point: ≈$1.10
Target 1 (TP): $1.44
Target 2 (TP2): $1.69
📈 Trade Analysis:
The bounce from the 61% Fibonacci level suggests a strong upward trend for THETA/USDT. The Fibonacci-based targets of $1.44 and $1.69 present attractive profit opportunities as the uptrend continues. The Fibonacci levels act as key indicators, and the 100% and 127% levels are chosen as strategic take profit points.
💡 Risk Management:
Utilize 1%-5% of your capital for this trade to manage risks effectively.
Diversify your investments to spread risk across different assets.
Set a stop-loss at an appropriate level to protect your investment and adjust it as needed.
Exercise patience, allowing the trade to develop without impulsive decisions.
🔄 Additional Buy Zone:
Stay prepared to identify and utilize another buy zone if market conditions necessitate flexibility in adapting to changing trends.
⚠️ Spot Trading vs. Futures:
Spot trading is recommended for its safer and more controlled approach compared to the higher volatility of futures trading.
🚨 Disclaimer:
Cryptocurrency trading involves risks, and past performance does not guarantee future results. Exercise caution, conduct thorough research, and seek professional advice before making any financial decisions.
THETA/USDT bullish continuation from demand? 👀🚀THETA Analysis💎 Paradisers, observe the current pattern of #THETAUSDT, which is signaling a strong likelihood of a bullish turn from its demand zone.
💎 #ThetaNetwork has recently experienced rejection at the $1.448 resistance level, leading to a downward movement. Compounded by recent market uncertainties, the price has been pushed further down. However, if we maintain an optimistic stance and the price sustains its momentum at the $1.001 demand zone, there's a high chance it could rally to overcome the significant resistance above.
💎 Given the dynamic nature of the crypto market, adaptability in our trading strategy is crucial. Should #THETA struggle to maintain its strength at the current demand zone, re-evaluating our approach becomes necessary.
💎 In this scenario, our Plan B would involve preparing for a bullish ascent from a lower demand level, at $0.854. Constant vigilance is essential, as failure to maintain this level could signal a shift towards a bearish market trend. 🌴💰
Resistance That Has Turned Into SupportOn a daily timeframe, THETA has successfully breached the key resistance level of $1.20. This significant move indicates a bullish momentum in the market for THETA.
Following this breakout, the $1.20 level, which previously acted as a barrier to upward movement, is now expected to serve as a strong support zone.
There is an opportunity to test this support area, and currently, there is potential for a price recovery.
THETA/USDT Poised for Bullish Breakthrough? 👀 🚀Theta Analysis💎 Paradisers, focus on #THETAUSDT as it unfolds a compelling narrative in the trading arena. Currently nestled in a demand zone, the asset is gearing up for what appears to be a promising bullish ascent.
💎 Tracing back #THETA's market journey reveals a pattern of deftly navigating descending channels, breaking through to embrace upward trends. Now, in a captivating turn of events, following a brush with resistance at $1.008 and an intriguing sweep of liquidity above it, it finds itself back in the demand zone.
💎 This strategic position sets the stage for another potential surge to breach the resistance. With an upper echelon of strong resistance awaiting, a successful breakout here could significantly amplify the bullish momentum. MYX:THETA sets its sights on the resistance echelon at $1.315, riding the waves of this upward thrust.
💎 For the astute #ThetaNetwork traders, vigilance is key. Be primed for a bullish resurgence from the support marker of $0.854, especially if the breakout narrative takes an unexpected turn. Yet, a descent below this critical juncture could hint at complexities in sustaining the bullish trend.
💎 In the dynamic tapestry of today's market, the blend of strategic acumen and precision decision-making stands paramount. The art of trading in such a landscape demands a holistic strategy, one that weaves together sound money management with an intricate understanding of support and resistance tapestries. 🌴💰
Theta Network ($THETA) - Time to Continue Momentum Thoughts on THETA are this:
- Swing failure double top weakness led to this correction (and H&S pattern at the top)
- Currently fighting to maintain current local s/r level
- 618 fib below is next area of interest if current s/r is lost
- want to see a sweep of the local leg's low then swift reaction/buy-back
Time will tell if the market allows this trade, CRYPTOCAP:BTC dependent etc
V
SasanSeifi 💁♂ theta / Price Consolidation in Weekly Time FrameHi everyone!
As you can see in the weekly time frame, after a downtrend, the price has been accompanied by positive fluctuations after ranging from the 0.56 price range. With the break of the downtrend line, it was able to grow to the 1.17 price range. Currently, it is trading in a range at the 1.023 price range.
We can consider a scenario in which the price continues to range and accumulate volume and then resumes positive fluctuations. If it consolidates above the 1.30 resistance range, we can see growth to the 1.70 liquidity range. In the case of growth, to better understand the continuation of the movement, we need to see how the price reacts to the target range.
The important support level in the weekly time frame is 0.56. Otherwise, if the price penetrates below the 0.56 LOW range and consolidates, the possibility of further correction can be considered.
🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors before making any trading choices. Best of luck! ✌️
❌ (DYOR)
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
THETA NETWORK!It's not necessary to talk a lot about this Youtube, Twitch, Netflix... metachain, so will go directly to talk about price.
After seeing how insiders manipulated the price of BTC (with provided proofs) and it didn't go to the natural retracement zone (0.618 Fib), I forcedly became bullish. We can see now another possible bullish pattern. We just need BTC to go up so Theta can break it upwards.
THETA/USDT Break Alert! it required bounce to continue movement💎 THETA has certainly captured the market's attention. At present, THETA has impressively surged past the supply zone, marked by a robust green candle accompanied by significant volume. However, upon encountering the major supply area, THETA faced a notable rejection.
💎 This suggests that THETA might be gearing up for a retest at the demand zone, which previously served as a supply area. There's a likelihood that THETA could either bounce from this point or swiftly resume its upward trajectory, Probability aiming for our designated major supply target.
💎 On the downside, if THETA struggles to uphold the demand zone and dips below, it could indicate a false breakout, pushing THETA back into its previous accumulation or consolidation phase. This would spell a bearish trend for THETA, with potential moves towards its primary support levels.
THETA - Next Step is BullrunHi All,
Here a new analysis.
I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph .
I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone!
We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave that I'm gonna focus during the next months.
This wave should be made up of 5 sub-waves (fuchsia color). I think the first sub-wave is over and maybe the second sub-wave has been over also. If so, we're going to have a nice pump in the next few months, maybe weeks.
Plan:
- Trying to sell the top 3 sub-waves (To be determined);
- Trying to buy the bottom 4 sub-waves (To be determined);
- Tying to sell the top 5 sub-waves (target 1: 24$ and target 2: 257$).
Let's get the ball rolling!
Stay safe!
PS: it's not a Financial Advice. Only my plan.
🚧THETA is Bullish now🚧 & many Traders don't see it 👀!!!THETAUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
I hope you make good money in these exceptionally good days🤌
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Important support and resistance areas : 0.713-0.774Hello?
Hello traders!
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(THETAUSDT chart)
The key is whether the price can be maintained by rising above 0.929-1.341.
(1D chart)
To do so, it is important to be able to receive support and rise in the 0.713-0.774 range.
Since the M-Signal indicator on the 1W chart is passing around 0.697, it is necessary to check whether it can receive support around 0.697 and rise above 0.713.
If it falls below 0.635, there is a possibility of a new low, so caution is required.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
THETA Daily Looking BullishThis is a daily line chart of THETA and looking at the wave trend oscillator we can see as price has been coming down for the past weeks money flow has been rising and the wave trend also pushing up.
Current Trading Plan
3-5% stop loss invalidation area from our current level
Target 1 will be top of our fair value gap approximately 12% higher at .710
Target 2 will be just below our last unbroken local swing high approximately30% higher at .825
I have included a TP 3 if feeling really bullish approximately 70% higher at the POC of this bottom price range at 1.08.
Trade Well......
THETA is THE TIME now? 12-hr view.I have been seeing Theta in top LunarCrush coins for a while now, today's it's #1. Decisive break of 50 RSI combined with 14MA on RSI coming up on the 50 level evenly. Out of the cloud to the upside. 13 EMA finally crossing the 34. Look for a hit of the 144. Added a stacked channel that we are inside of currently. Watch for attack on top of this channel @ 0.683. SL @ 0.607.
THETA LONG TERM analysis ⏰theta MYX:THETA :: strong project #dyor
Old good project used in meta+ai which helps in future generation ☺️
BUY :: $0.34-44
Month Below $0.19 ( invalid ⚠️ ) #sl
Sell :: $1.5 - $3.7 - $6
Not expecting above $6 but trend and money flow increase breaking $12
Lead to $26 & $38
#principaltrade :: $2
Navigating Resistance, Reacting to DowntrendsOver the past month, THETA has consistently decreased in value. We noticed that when the price reached around $0.86, it encountered a strong resistance level, which indicated a point where there was an excess of supply. As expected, the price reacted negatively when it reached this level again. This negative reaction was particularly pronounced during the second instance of encountering this price range, allowing buyers to make a profit.
Adding to this, the price decrease coincided with a general market downturn, leading to a significant drop. This drop was substantial enough to break through the support at the $0.72 range. The price then dropped to the lower boundary of a medium-term channel. Interestingly, it reacted positively when it reached a static support range of $0.60 to $0.57.
To gauge the potential for a shift in the trend, it's advisable to monitor the 4-hour time frame for signs of an upward trend reversal. Presently, the prevailing trend is within a 4-hour range, which could turn bullish if the resistance at the $0.66 range is breached.
THETA 60% pump is incoming MYX:THETA :: short ⏰ period analysis 📌 #scalping
#rajcrypt0 #dyor #crypto
#futuretrade :: 3-4x :: risk high 📌
Buy :: $0.7-0.765 🟡 line
🛑 #SL :: day close below $0.67 ( red box below )
#sell :: $0.88 & $1.064 ( move stop 🚏 lose when target 1 reached )
Share and support 👻
Just short period set-up if this worked need to work on long term set-up 📐
📌
Upward Trend Faces Crucial ResistanceOver the past month, THETA has been on an upward trend, with persistent efforts from buyers to sustain this positive momentum. Initially, there was a negative reaction when facing resistance at the $0.77-$0.81 range. However, this resistance level has now transformed into a short-term support level. It's essential to note that there is a more significant and crucial resistance ahead at the current price range is $0.86 level.
Should the short-term upward trend line be breached, it could signal a negative development, leading to a potential decrease in the currency's value and a return to lower support levels. A relevant factor to consider is the Relative Strength Index (RSI) indicator on the chart, which is currently at 53 in the daily timeframe. This indicates that the market is not oversold or overbought but is somewhat balanced.
In case the mentioned support level is broken, the next support range to watch for would be at $0.71. This particular area might hold the potential for a positive reaction and could be a crucial level to monitor for potential market movements.
Theta/usdt Update Thetausdt
I am expecting theta price to face rejection here and retest again the channel support
The next channel support will decide next move of theta
All we have to wait for the next 2 candles for confirmation
Let's see
Note : Do your own research before taking any decision this is just an idea
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Crypto By Ghazi