THETAUSDT - False break out against the trendPreconditions:
Entry could be into trend direction or against. Entries into trend direction have bigger priorities.
Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better.
Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR.
The price moved many days towards the key level without decent pullback or range.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Thetatoken
ThetaFuel TFUELUSDT - Bullish pennant + Bull market (next 2000%)- TFUEL can 20x in few weeks / months
- I see a bullish pennant, that is currently breaking out!
- I am expecting another big leg to the upside
- If bulls can break the all time high level, it can be totally free rise
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#Theta - cup handle projection #THETAUSDT #tradingviewAfter the classical chart technical breakout and the obligatory retest, the bull-run to approx. 0.98 is now pending.
Where does the 0.98 come from?
This results from the low of the cup to the high to the resistance/neck line. This is now a converted support line, which has been confirmed by the re-test.
The pink arrow is then simply duplicated onto the blue thick support line and results in the superior target range of 0.98.
Greeting from Hannover
Stefan Bode
THETA.USDT (Y20.P4.E2).StalkingHi All,
I understand that the ALTs are taking a beating but soon, there will be an opportuinty for them to regain.
Why is it happening? Most likely people will be dropping their ALTs for BTC however those who are doing this will soon run out and at the same time, BTC might level off.
Its when the ALTS will make their move.
I have chosen THETA purely because of its trend. At the macro level, it hasn't lost its upward trend and hence looking for that cradle setup to jump in.
I am watching 2 levels at the moment.
Note: downward pressure is still there so we can potentially short this and after a day, it could turn out to be a level to go long.Risky. Wait.
We just have to wait for the price\candle stick combination tells us what's going on.
This level has confluence for support for a number of reasons as you can see.
a) bottom support trend line
b) horizontal support\fib level
c) Macd has convergence. Note the stoch and WT indicator, bottoming out.
2 items is enough.
If I don't miss it, I will post my update for the entry.
Cheers,
S.SAri.
Nice cup and handle formation prior
Theta Hit Our Downside Target of 20% — Now What? :) Recently we projected a 20% drop for Theta... and we nailed it.
Check out the replay at...
The 20% drop for Theta was not negative at all. It establishes the previous resistance as a strong support, providing a launch platform for Theta's price appreciation in the weeks ahead.
Due to the negative MACD momentum it may take a few candles for Theta's price to turn back up, but traders will certainly be looking for entry points.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Theta surged again more than 295% |We should keep an eye on thisThe priceline of Theta followed the previous predictions that I shared with you and sofar it has produced more than 295% bullish rally:
On daily chart the priceline of Theta is moving in up channel and at the moment it is hitting the resistance for breakout. The price action has also broken out simple moving averages with the time period of 25, 50, 100 and 200.
On 4 hour chart the priceline is in a perfect up-trend line and at the top it formed a Head & Shoulder pattern. But could not break down the support of up trend line.
On daily chart the priceline is using EMA 10 and EMA 20 as good support.
For good exit point we can use the combination of EMAs, MACD, Stochastic and momentum indicators. If they will give bearish signals with complete synchronization with each other then it can be taken as a sell signal:
Conclusion:
Even though the priceline of Theta is very strong bullish. But we should keep an eye on the support of up channel and different indicators as mentioned above. If the support will be broken down and indicators will turn bearish then the trend can be changed from bullish to bearish.
THETA/BTC BREAK THE LINE a.k.a BREAKDOWN================ BINANCE:THETA/ BTC ================
THETA/BTC in downtrend
THETA HIT THE BREAKDOWN LINE
maybe it's time the weakness ??
in rsi theta overbought
maybe need correction now.
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THETA - you may have not seen anything yet !THETA has consistently outperformed Bitcoin from the March lows.
It has been a solid 9x from the panic low point until today.
However, something is telling me we haven't seen anything yet.
SOMETHING IS BREWING BEHIND THIS PROJECT.
Look at the long term chart of THETA relative to BTC.
It is forming a MONSTER inverted cup & handle formation with the neckline around 7000 satoshi !!
Difficult to project the price objective of this technical formation.
I have heard some analysts projecting a value of 20 USD per token in 2021.
From my standpoint, that is not out of discussion at all !
Theta Token Continues... Follow Up Update w/ Next TargetI shared a chart recently for Theta Token (THETABTC), we mentioned how this pair was facing resistance yet continued to look strong with the potential to continue higher.
It came true because the ATH (All-Time High) has been conquered and now the doors are open for even more...
Well, let's keep this one short...
The next potential targets are clearly marked on the chart.
Conditions for change
If prices drop, look at the blue dashed-lines for support.
Theta Token (THETABTC) can print additional growth before any retrace.
Namaste.
THETA ALL TIME HIGH LOOKS TO TREND - NEW CRYPTO GAME - INCREASETheta looks to increase to all time high.
Since yesterday new game update, what will come soon on play store + IOS.
Theta will offer also free paid crypto for streaming and games.
@ expecting that Theta will increase all time high.
From theta twitter:
GameTalkTalk x Theta integration is live! Korean users can download the updated GameTalkTalk app w/ Theta in the Google Play Store, + English version coming soon
Have good time all (:
Theta Token Bullish, Facing Resistance, Aiming Higher ButtTheta Token (THETABTC) is looking bullish and pushing higher.
Right now this altcoin pair is facing resistance at the 0.786 Fib. extension level.
- Above this level, we go bullish, and more/fast growth is possible.
- Below this level, we can see prices retrace/correct before any additional bullish action.
There is some bearish divergence on the MACD and RSI but it looks like there is some steam still left... With that said, make sure to have a plan before you trade.
Previous chart |
THETABTC (+50%)
Feel free to hit LIKE if you want to see more altcoins charts.
Namaste.
#Theta #Token #BreakOut & #OpenSky? #tradingviewTheta token looks like a classic break out.
At the moment the double top is taken out of the market.
It is important to close above the breakout level.
Ideally the breakout should be followed by a retest of the breakout level of the top.
Charttechnically there are no hurdles and therefore OpenSky is possible.
However, resistances could build up at 0.77-0.78 as well as in the range 0.95-0.96.
Greeting from Hannover
Stefan Bode
THETA/BTC (Sign of Weakness?)BINANCE: THETABTC
-Theta Token is trading inside an ascending channel which is Bearish
-And a potential Bearish Double Top reversal pattern
-The pattern still unconfirmed until the base neckline is broke down
-Also, the upward trendline of support still intact
-If you have a swing position from the start of its uptrend channel
-Please take profit now and move your stop loss at key levels
-Because can see signs of weakness especially the RSI and low volume
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