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THETABTC

$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
We have a hidden divergence in THETA/BTC - short termHello my friends, I saw a hidden divergence between the momentum indicator and the THETABTC price chart, and on the other hand, the indicators are giving bearish signs. The price of this instrument, if an uptrend wants to move forward based on its hidden divergence, will move up to the moving average of the Alligator indicator, but will return again. The overall and longer-term view is that it will continue in the square and neutral trend.
by Saleh_Toodarvari
There is a possibility of retesting the resistance!THETA had a range trend during the last week. After the selling pressure, the price of THETA broke the support of the $1 range and pulled back to this resistance, and is still decreasing and moving towards the lower support intended for it. The support is located between $0.765 to $0.590, and if the price hits this area, it can bring a positive reaction. In the daily time frame, we see a correction wave with 38% correction, which considering the price reaction to this range, we can still consider the power of sellers to be higher. Therefore, the minimum we expect is a retest of the previous support level in the range of $0.85. Also, we can see a range trend in the 4-hour time frame. Before the price continues to fall, there is a possibility of retesting the resistance in the range of $0.95 to $1. Because in the 1-hour time frame, the ascending trend line has broken down, and in the event of divergence, the probability of falling to the supports increases. The additional point is that the current resistance that the price reacted to in the last candles also overlaps with the midline of the descending channel and has great power to push the price back toward the supports.
by MonoCoinSignal
2
Theta Token vs Bitcoin | The Basics & BeyondI am seeing some bullish action but still mixed with weakness... We will have a better picture in a few days and hopefully things will go towards the bulls, but we can't know for sure. I have to give you the whole picture. After the June breakout THETABTC technically remains strong. The correction took prices as low as 0.618 Fib. retracement which is normal and then bounce up... Still just consolidation so it can go in any direction but the bias mid-term remains bullish based on the late June bullish break. Short-term we have these last 5 days closing green... But still, the signals are mixed. We are aiming higher though because we go with the chart. Let's get more technical: - We are strongly bullish above 0.00000511. - Below 511 satoshis the bullish bias remains in play but becomes weaker. - Even 450 can be tested and all we would say is that patience is key. We prepare for the worst but hope for the best. We are looking at the negative side because the bulls right now are ahead. If there is bullish follow up, nothing to do it just go up. But if it breaks down, we are prepared... Always consider all scenarios, this way you know what to do ahead of time. For example, if this chart breaksdown, would you close at a loss or wait long-term? This question needs to be answered before you start to trade. :) Namaste.
by AlanSantana
1
$THETA - 2D Elliott Wave UpdateSomeone asked me for a $THETA chart yesterday and I found the chart very interesting in that there is a decent case for this correction being done, but also a nice strong support not too far off (approx -20-25% down)... I drew the support line blue and its just below the red price line. If we don't make a new low, we could bounce here at any moment, but I prefer to keep all options open. Its never a good thing to not see other options. Safe trades to all.
by FlokiCrypto
THETA: SOON TO BREAKOUT.Hello traders, here's an update on THETA in BTC pair for spot trading. Timeframe: 8 hours. Update: Theta token has been a deal breaker for traders in the BTC pair. If you do the backtesting then it has given 40% to 90% profit on the spot. I understand that Theta is under a descending triangle formation and technically it is a bearish pattern but only when it breaks down below the support. If it breaks above the resistance then it becomes a trend reversible pattern. Here's a trade setup if THETA/BTC breaks above the resistance level. Entry: 550 sats to 560 sats. Stop loss: 513 sats. Target 1: 596 sats. Target 2: 632 sats. Target 3: 671 sats. Target 4: 714 sats. Note: We will enter this trade only after the breakout. If you wish to leverage trade use 2x to 3x leverage in BTC pair.
Long
by Dexter_The_Trader
2
Theta Network 111%+ Potential Target MappedTheta Network (THETABTC) did not produce a lower low on 13-June, instead it happened earlier, signaling that this is one of the strong pairs. We can see THETABTC already trading above EMA100; Also strong above EMA50. This pair can easily continue growing. Note: On a drop/flash crash, the low set at 0.00003718 will work as support. As long as this level holds -(THETABTC) stays above it- we are bullish. Below this level things can change. This is not financial advice. Thanks a lot for your amazing and continued support. Namaste.
TLong
by AlanSantana
5