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Theta

THETAUSDT is getting ready to go burstThis 2W chart reveals many interesting things. Price action has been boring but very telling: the 1$ mark has been rock solid for the past 6 months. If we're indeed at the end of an ABC correction on the 5th Elliot Wave, then 3 important crosses are bound to happen for a new bullrun to start: RSI cross with its MA MACD cross with its signal. The last cross on June of 2021 sentenced the beginning of the corrective phase. I assume that the opposite cross must indicate the opposite scenario Breakthrough of the 1.5$ and resistance. This would be a good entry point, for that would increase significantly the chances of the trendline breakthrough. The volume is low but in my opinion, that has more to do with the 1$ resilience which I think prevented capitulation and with the fact that price has been steadily dropping since its last ATH. With that being said, I expect a new ATH to be reached in the next bull market within the 1.618 and 2.618 extensions, being 25$ the first target. Let's wait and see, but it definitely looks promising. DYOR. Not advice
Long
by Zerkaalo
2
TFUEL/USDT LONG term idea.Some may know me for predicting every TFUEL bottom and selling every top. I bought TFUEL at 0.004 and sold at 0.67 and its all recorded in my social media. This is what I am currently watching and waiting TFUEL to do before end of 2023. Some notable observations in TFUEL: -HUGE resistance selloff at exactly 0.0747, breaking this resistance would mean a huge breakout leading us to .24. - We can almost safely say the downtrend is over , as we are currently in a sidetrend(still waiting confirmation). If we break the sidetrend to the upside a new trend would be confirmed possibly leading TFUEL to an ATH. - bullish divergence in MACD advanced -TFUEL is lookikng like it is about to start a new trend in the WEEKLY. Good day everyone.
Long
by CryptoGao1
$THETA/#BTC [#Theta Network]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $THETA / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0000513 | 0.0000548 | 0.0000628 and the major support zones are respectively at 0.0000433 | 0.0000388 | 0.0000308. We may consider entering a trade at the current price zone at 0.0000495 and targetting higher levels. Technical Metrics : Current price: 0.0000495 24H Volume: 10.8504 Ƀ 24H Price change: 3.125% - Pivot Points - Levels : Resistance: 0.0000513 | 0.0000548 | 0.0000628 Support: 0.0000433 | 0.0000388 | 0.0000308 Indicators recommandation : Oscillators: NEUTRAL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth THETABTC technical analysis on > Tradingview TA page What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF