Thetatoken
THETA/BTC (new)A nice breakout of this falling wedge paired with a bullish macd convergence on the daily chart and a good response in volume;Price is also holding well above key MA's. Generally we believe this pair is quite bullish for the short/mid term.While we remain above 1200 sats on our daily chart (closings) , we can anticipate an increase in price in the short/mid term.As usual , i have indicated some resistance levels you can use as take profit points.
As Always , happy trading !
- Fat Pig Team
Theta Token-Theta USDT Can Go Up Slightly.BINANCE:THETAUSDT is Currently at Resistance WHich Apprently looks like breaking off soon.
BINANCE:THETABTC pair is also testing DMA200 last time it took place in Feb-2019.
Plz Do not Fomo and Wait for a Close Above the Resitance also note that BTC is being very volatile at the moment the risk is high in the market.
Happy Trading.
A thought for ThetaBased on recent price action...
Everything's noted on the chart, but essentially we potentially have another IHS forming at the moment (see the prior one marked up), where the right shoulder is possibly being suppressed by the 12MA into the bid zone (1180-1210). If it plays out it should bounce around there to a breakout and retest of the neckline for continuation.
Targets:
1533
1644
1858 (and re-assess)
2122 (and re-assess)
This is invalidated by a breakdown below the potential right shoulder (in which case, forget the trade) or a more immediate break and retest of the neckline (in which case, bid the retest of the neckline).
Trade Idea For THETA/BTCTheta has been into almost 6 months of low volume accumulation period. Recently there is some sort of increase of volume in it. Expecting it to go for a rally soon. So if we close daily and stay above the monthly pivot which is mentioned in the chart, then there will be chances the mentioned target will get achieved. The target mentioned is the safest one and the stoploss would be the previous swing low from your entry.
Will update if we get above the pivot
THETA/BTC Great breakout from THETA/BTC on our weekly chart, also being fuelled by some good volume. We have seen a clear bullish engulfing candle close above our moving average resistance on our weekly chart, which in general is quite bullish. Our daily chart is also trading back above our 200 ma, a level it hasn’t traded above since January 2019; we believe this is a clear change in trend and can expect this coin to see some good gains over the next few weeks, matched with a stable increase in volume.
Possible 112% Move For ThetaLooking primed and ready to rise for a measured move of 112%. A breakout of the descending triangle could give this a great price swing to the upside. This will take time for the setup, but looking good.
Crossing over on the 4 hour chart of the 7/50 EMA.
Macd crossover coming up.
Low RSI,
volume picking up.
Risk/Reward - 2.11 to the 1199 sat level and 3.29 to the 1306 level.
THETAUSDT formed bullish Cypher | A good long opportunityPriceline of Theta Token / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.09094 to 0.08931
Sell between: 0.09227 to 0.09541
Regards,
Atif Akbar (moon333)
THETA/BTCTheta seeing a great breakout above our trendline resistance, while also seeing a good increase in volume. Our stoch-rsi is also showing a very bullish divergence, suggesting more upside in the short term. Our new support level is around 1110 sats ; has many coinciding supports in this region (.382 fib/breakout point/daily candle minimum). Resistances are at 1400 followed by main resistance around 1800 sats.
Today`s ALT!!! THETABTCBINANCE:THETABTC
Exchange : Binance
Coin: THETABTC
Buy Zone: 0.0000107~0.0000102
Target Point: 0.0000111/ 0.0000122/ 0.00000129/ 0.0000139/ 0.0000148
S/L: 0.00001
Risk: HIGH
Term: Middle - Long
It`s making Symmetrical Triangle
The Chart and RSI are very similiar and The Volume is almost down
There are three Support Line under Buy Zone
The reason why I chose a 0.00001, Because The Blue box Volume Profile is The Last Volume Profile
So it can support any where at Blue box
If 0.0001 will break, i`ll buy again at Blue box
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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Theta Token is Repeating Trend. Potential Bull Run is noticedBINANCE:THETABTC is trading in the same trend as of Sept 18 (R1) we are going under replacement.
We are facing quite strong of a resistance at 1020 sats and we failed to break above it too. if the current candle closes above 1020 in 4h time frame we are clear to hit to the next target where we need a little more volume to confirm breakout.
1046, 1090 and then wait till bull run is confirmed. Your max of short to mid term target should be 1320.
THETA / BTC ready to form another harmonic | Upto 87% potentialThe priceline of THETA / Bitcoin has retraced between 0.382 to 0.886 Fbiconacci to form another harmonic insha Allah.
Upto 12hr chart the MACD is turning bullish and RSI is entered in oversold zone.
I have set the targets from 0.382 to 0.886 Fibonacci sequence due to BTC bull market.
The targets are:
Buy between: 0.00001240 to 0.00000965
Sell between: 0.00001812 to 0.00001295
Regards,
Atif Akbar (moon333)
THETAUSD a formation of gartley | Upto 136% profitOn week chart the THETAUSD has started the formation of C to D leg and now almost entered the potential reversal zone.
There is already a golden cross formation between 25MA and 50MA on week chart beneath the price action and withing the PRZ area.
The price action has strong supports of 25MA and 50MA.
Soon a massive profit spike is expected insha Allah.
The targets are:
Buy between: $0.10520000 to $0.07659137
Sell between: $0.12757615 to $0.18149723
Regards,
Atif Akbar (moon333)
There is a trading opportunity to buy in THETAETHTechnical analysis:
. ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00038200 to 0.0003500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00038200)
Ending of entry zone (0.0003500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00047000
TP2= @ 0.00054700
TP3= @ 0.00081400
TP4= @ 0.00078000
TP5= @ 0.00091400
TP6= @ 0.00104700
TP7= @ 0.00147830
TP8= Free
There is a trading opportunity to buy in THETAETHTechnical analysis:
. ThetaToken/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00038200 to 0.0003500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00038200)
Ending of entry zone (0.0003500)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00047000
TP2= @ 0.00054700
TP3= @ 0.00081400
TP4= @ 0.00078000
TP5= @ 0.00091400
TP6= @ 0.00104700
TP7= @ 0.00147830
TP8= Free