Thetatoken
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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00050)
Ending of entry zone (0.00044)
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= @ 0.000600
TP2= @ 0.000657
TP3= @ 0.000814
TP4= @ 0.000941
TP5= @ 0.001067
TP6= Free
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 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00050)
Ending of entry zone (0.00044)
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= @ 0.000600
TP2= @ 0.000657
TP3= @ 0.000814
TP4= @ 0.000941
TP5= @ 0.001067
TP6= Free
Theta/Bitcoin (29 May) #THETA $THETA #BTC $BTC#BUY #WAIT
THETA is moving in a not really good formation : Bearish Flag in Downtrend
But it seems that whales are trying to form the Cup&Handle formation to reverse the price
Current price : 1515
Buyzone : Buy close to 1450 as possible
Sellzone : 1700-2025
Stoploss if price is lower than 1300
ThetaToken/Bitcoin (16 May) #THETA $THETA #BTC $BTCTHETA has reached the resistance and I don't think it can pass unless it completely breaks 1500sts zone and closes 12H candlestick above 1500sts. THETA is turning to a short-term downtrend to 900sts
I think we can buy THETA at 890-900sts, but it is still possible to drop out of this area but I think there should be no fear because Devteam is still active and still follow Technical Analytic
Sell zone can be quickly archived after entering buyzone is 2000-2100sts at the end of May
Stoploss if price is lower than 800sts and consider buying back at 500sts
A trading opportunity to buy in THETAETHTechnical analysis:
. Theta Token/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00053000 to 0.00047000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00053000)
Ending of entry zone (0.00047000)
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= @ 0.00060
TP2= @ 0.00066
TP3= @ 0.00078
TP4= @ 0.00092
TP5= @ 0.00107
TP6= Free
Daily Bullish Signal $THETA #THETA #THETABTC #BTC $BTC (2 May)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
======================
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the direction I drew. I will always try and practice until PERFECTION is MY OWN
$THETA #trianglegang Edition - Day Trader ExplainsLadies and Gentlemen,
Welcome back to TJ's Trade Corner!
Today we will be taking a look at $THETA, one of the mostly shilled and anticipated trading pairs out there with a really string set up as we will see here soon.
Lets begin with the market structure. We had a really insane pump in the beginning of March yet starte retracing from there almost immediately. The previous support of 2200 did not hold and we had to continue more downwards. Yet, right now we are getting quite pointy and starting to form a falling wedge. Over the last weeks it is getting quite obvious.
Should you go to the 3D chart, then you will see that this whole formation is one big falling wedge. Falling wedge on its own are already bullish, now lets take a look if we can find anything else.
The Volume, is very low and as expected no significant volume on the seller side over the whole retrace period. This is hilarious and only shows, people are not really selling, some maybe taking profits, hitting stop losses, trailing stops and so on. Also, just to make sure, everyone gets it, I will only enter a trade here, when we have significant buy volume on the daily. Yet, I kinda have the feeling that it will be very soon, since we are at the very tip of the triangle and looking at the...
...TJ-Stoch, we can see that it does not respect the 40p for impulse moves, but it really likes the 10p line, where we can see was as well the moment before the second last big pump on Feb 24th.
In addition to all of this, we can see that the TJ-MoneyFlow is slowly rising, same as the TJ-Stoch. Creating a slight bullish divergence against the descending $THETA chart.
This TA and a full trade set up has been published before in my private learning group "ETG".
We are going over many observations and possible trades very frequently.
It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading.
Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested.
Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
Cheers TJ
Theta where to buyTheta looks good but we need a real breaking confirmation.
Should wait it breaks 1Day EMA50 around 2600ish.
so should be patient and wait around 2650+ to have a real buying option.
Sell it before 3200 Sats. Strong resistance here.
And don't forget to monitor BTC as always.
Happy Tr4Ding !
THETA/USDT -> Novice Cup and (Falling Wedge) Handle ReversalPotential Cup and (Falling Wedge) Handle forming for Theta Token.
Breakout could mean a target at $.13518 (met by resistance),
then if broken through there, a second target of $.14355
Invalidated below $.12000 (~50% of the height of the cup)
Expecting a slight increase in trade volume and price around 4 P.M. EDT
due to SLIVER.tv (parent of Theta Network) partnering with NASA
to stream the rocket launch, powered by Theta Network.
THETA-BTC Long Trade PlanCommodity : THETA TOKEN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 29% to 98%
Prospective Loss : 17%
RRR : SL to TP1 is 1.7, SL to TP2 is 2.8 , SL to TP3 is 4.1 and SL to TP4 is 5.6
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Who's making money?? Raise your hand if your short! INTERESTING!Hello Everyone,
Welcome to the latest update on Theta/BNB 4 hr chart. This is currently a very interesting chart and there is a lot to discuss. We are showing SEVERAL signs of the bears reigning command. Currently we are entering/dropping into the upper level of the major support zone (green box). Where this chart starts to get really interesting is that. there is A LOT going on within this zone. As you can see, there is an "M" pattern in purple, this is a double top formation which, is typically a bearish sign. There is also a head and shoulders pattern shown in yellow and this portion shows the potential of the pair dropping down into the 0.00730 range. The neckline of BOTH the head & shoulders and for the "M" pattern all fall extremely close to the same level which is between 00820-.00840. There is a very large descending triangle pattern which starts on Feb 26th, when I forecast it and extended it out, it lasts through roughly April 20th.
Where this portion gets even more interesting is, the lower bar of the triangle also runs precisely with both necklines at 0.00803. But wait there's more!!! Just before the right shoulder forms there is a bear flag that shows the flagpole (black dotted line) extending down to around 0.0829. I do not foresee a drop that low happening but, it is definitely something I will keep in the back of my mind just in case something dramatic happens, All of these patterns fall within the upper portion of the major support zone range so my opinion is, even if this pair drops below the necklines etc., it still drops into the major support zone and, as long as it holds, this will be a good time to fill long bags. Also, for people who like long positions take a look at the green circles on the bottom. Those green circles have been entry point markers for long positions.
From here we will have to wait for more signals on the direction of travel, we haven't broken below the necklines, or the the lower bar on the triangle, however, we are very close!. Currently the bears have the ball in their court helping out the short trade side. My signals are showing me a stop loss of 0.01026 for shorts.
The volume has slown down and volatility is minimal on the bollinger bands and the pair currently trading on the lower band. The RSI is neutral at 42, Stochastic is on the oversold side at 21. Theta/BNB is also below every single moving average.
The bears are still here so use caution and do your research before long trading, or any trading for that matter. If you found this information helpful or useful please hit that like button and let me know you were here!
Good Luck and Happy Trading!
AWC
**This is for EDUCATIONAL PURPOSE ONLY and is not meant to be buying/selling advice.*
Everyone is looking at THETAWould like to see the ADI at or above 25 (or at least trending up).
Price is below the 200/314MA's (white and blue).
All standard indicators are on the up and up on the 1 hour chart\u2028
If volume increases and a position can be taken with Stop Loss set in profit... well I am gonna go for it.
Theta Strong CoinBuy the Correction. Theta have a very good FA and very strong project, so it's not too risky to invest for long.
First buy around 3000ish could be supported by Dayli Pivot zone.
Second Buy around 2600ish ( EMA50 ).
if not bounce and drop under this zone should stop loss at -2500ish.
And like always keep an eye on BTC.
Happy Tr4Ding !