THETAUSD Possible Scenario Looks like BTC is forming a classic bearish divergence pattern and going to retest lower levels.
(As long as BTC doesn’t clear 9500 soon)
That being said.
I would not be surprised if Theta retests .158 before correcting. Forming a similar pattern with btc.
I would not go long and try and scalp trade this because when and if BTC corrects.
You can get caught in a risky alt position.
I am placing a sell order @ .158
with a SL @ .165
Again looking to add to Theta position after correction.
JW
THETAUSD
THETA BTC THETA USD 24 HR OUTLOOKPretty simple.
Im short theta at .155 USD and am looking to add more to my position after correction.
As you can see here theta looks to be trending down on btc which is trending down on the US dollar on a 4 HR trend.
I will keep updating this set up and provide long entry’s with SL if this plays out.
JW
THETA/BTC (Bullish Candle Breakout?)THETA/BTC
-strong breakout of descending trendline resistance
-daily candle must maintain above trendline resistance
-we need to see follow through the next candle
-bull cross of 50ma and 20ma
-upside potential is the swing high at 1800 sats
-our stoploss is below 50ma
THETA/BTC (New Local Bottom?: up to 35% profit)THETA/BTC
THETA bounced at the previous accumulation zone during the Jun-Nov 2019 trading history.
Also, a downward trendline of support is built which could act as immediate support if the price has to pull back again.
This will be our stop-loss area if this bullish scenario becomes invalid. The upside potential is up to 1400 sats or higher.
THETABTC Bullish Breakout Update and fresh setup hereTHETA/BTC now current price is 1582 Satoshi.
After hit our 1st and 2nd Targets we can see some retramecment
Retracement would be 1250-1350 Satoshi also posible.
I can buy more when it will come down.
because now I can expect retest at previous breakout support.
Support :1171/1266 Satoshi
Resistance : 1831/2625 Satoshi
And hope you also booked 30% profit from first entry.
I also booked.
So keep an eye on every update
And please like and follow me for latest crypto updates.
thank you
THETA/BTC TA Update (Bull Market Getting Closer?)THETA/BTC
THETA is starting to make a move now as the price is already trading above 200 Day MA. If it can close the candle above this resistance,
Expect further upside is on the way as 200 Day MA has a high probable turning into new support. Getting closer to a bull market is transforming into reality.
THETA/BTC TA Update (Early Sign of Bull?)THETA/BTC
THETA is trapped inside this falling channel but consolidating with strong support between 950-1030 sats.
A bullish candle is starting to develop now and if this candle will close later.
this will signal an early sign of bear weakness which will result in a potential daily trend change and breakout this channel of resistance.
I will observe this coin in the coming few days for further bullish development.
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)
THETAUSDTHETA is expected to have a good flow next year.
A slow buy between 0.07463500 and 0.10450240 is expected to give good results.
THETA's very weak inflection date is around November 10.
If you climb above the 0.10450240 point, I would recommend watching.
If the price falls below 0.07463500, it would be a good buy for anyone approaching THETA as a long-term investment.
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)
$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/USD - Day Chart - Potential +420%THETA looks like its completed a large degree 1 and a 2 that has retraced 0.618.
from here i'm expecting a wave 3 that will have a minimum length of wave ones 420%, and probably more.
I've also place a conservative target at all time high just in the interest of caution.
if you've found this useful, feel free to donate. thanks.
BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
THETA Potential Price Targets (Bullish)In this chart you can see the potential price targets we can expect from THETA.
The Green Rectangles show areas that price action can take place with limited resistance, meanwhile the arrows indicate points of heavy resistance that will require substantial effort to break through.
If in every resistance stage a double top is created, means that it doesn't have the required momentum to move forward. Which will lead to correction and a period of consolidation until it attempts to break free for the 3rd time or possibly 4th attempt (Time will tell).