theta midterm sell"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Thetausdt
Breakout Watch: THETA Targets 30% RallyCurrently, THETA token is trading near the falling trendline resistance, and we anticipate a potential breakout above this level.
If the breakout occurs, the price could rally by over 30% from current levels. Additionally, the $2.00-$1.90 zone serves as a strong key support, providing a solid base for further upward momentum.
Keep an eye on this setup for confirmation!
DYOR, NFA
theta long midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
TradeCityPro | Theta : Navigating Deep Corrections👋 Welcome to TradeCityPro!
In this analysis, I will examine Theta in both the weekly and daily timeframes, providing a detailed breakdown of its market dynamics and critical levels.
📅 Weekly Timeframe: Price Reaches Supply Zone Again
In the weekly timeframe, after forming a bottom structure around the $0.58 level, Theta initiated its first bullish wave, reaching the supply zone between $3.251 and $4.184 for the first time in this uptrend cycle.
🔍 Following the initial test of this resistance, the price corrected and established a higher low at $1.009, reinforcing its support. With the breakout above $1.654, the next bullish wave towards the supply zone began.
🚀 Currently, the price has been rejected from this supply zone with significant selling volume and has pulled back to $1.654. Sustained bullish momentum, characterized by sharp upward movements and dominant green candles, will require a breakout and consolidation above the supply zone.
✅ Upon clearing this resistance, Theta could rally towards the ATH at $12.978, with potential for further targets and a new ATH if $12.978 is surpassed.
🔽 A break below RSI 50 may lead to continued corrections, potentially revisiting $1.009. Despite this, as long as the price holds above $1.009, the market outlook remains bullish. Confirmation of a trend reversal would occur with a breakdown of this level, targeting the key $0.58 support, which remains a critical demand zone.
📈 RSI support at 50 and renewed buying volume could propel the price back towards the supply zone with stronger momentum.
📅 Daily Timeframe: Deep Correction in Progress
On the daily chart, the most recent bullish wave is visible in greater detail. Applying a Fibonacci Retracement, the price initially corrected to the 0.382 level, followed by a deeper correction after breaking the $2.257 low, extending to the 0.618 Fibonacci level.
📉 If the correction continues, the final retracement level, 0.786 Fibonacci, aligns with the $1.628 support, forming a Potential Reversal Zone (PRZ). A failure to hold $1.628 could see the price drop to $1.009, as noted in the weekly analysis.
Currently, bearish volume is increasing, signaling potential challenges for a bullish recovery in the short term.
🔼 A bullish breakout would require strong buying volume, but opening long positions near the supply zone carries significant risk. Instead, consider entering positions at lower levels where price action provides a clear trigger to reduce stress as the price approaches the supply zone.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
THETAUSDT Analysis: Is the Bullish Momentum About to Fade?Yello, Paradisers! Are we witnessing a decisive move for THETA, or is the market setting us up for a breakdown? Let’s break it down.
💎THETA has shown a solid rebound upon touching its support zone, but the key lies in its next move. The 2.10 resistance level holds the deciding power. A daily close above this level would confirm a bullish continuation, potentially driving the price upward toward our target zones.
💎However, if THETA fails to reclaim 2.10, we could see a rejection that pulls the price back toward the 1.73–1.60 support area. Should this support hold, a rebound could occur, and we’ll be closely watching for a double bottom formation, which could signal a recovery.
💎The critical concern arises if the 1.73–1.60 support zone fails to hold. This area coincides with the support trendline, so a breakdown here would be a bearish signal, potentially driving the price downward toward the demand area.
💎Now, the demand zone near 1.16 is a vital level for THETA to maintain any bullish prospects. Historical rebounds in this zone are limited, so its importance cannot be overstated. A close below 1.16 would invalidate the bullish thesis and confirm a bearish trend.
Stay focused, trade smart, and remember—it's the disciplined traders who win the long game.
MyCryptoParadise
iFeel the success🌴
THETA Long OpportunityMarket Context:
Several altcoins, including THETA, have retraced to their horizontal support levels, presenting a prime opportunity for a long position with favorable risk-to-reward.
Trade Details:
Entry Zone: Between $1.99 – $2.14
Take Profit Targets:
$3.10 – $3.35
$4.00 – $4.40
Stop Loss: Just below $1.70
This setup leverages THETA’s strong support level, providing clear upside potential while managing risk effectively. 📈
theta sell midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
TradeCityPro | THETAUSDT Has the Market Turned Bearish?👋 Welcome to TradeCityPro Channel!
Let’s analyze a day when the market experienced slight corrections, with some coins recording red candles and traders feeling FOMO, moving away from the market. This is the best time to review triggers.
🌟 Bitcoin Overview
As always, let’s start with Bitcoin analysis. In the one-hour timeframe, we are witnessing bearish candles, which are merely rejections of the new ATH. Such corrections are not concerning as they come with reduced volume.
Bitcoin dominance has also been ranging, causing slight corrections across all altcoins. Coins bearish in their Bitcoin pairs have seen more significant declines, while those bullish in their Bitcoin pairs are showing better resilience.
📅 Weekly Timeframe
In the weekly timeframe, THETA is one of the coins that previously had a strong movement. Earlier in 2024, it hit a new high compared to 2023, bouncing back from the 1.028 support level, which gives it a better edge than many other coins.
Recently, after breaking the 1.667 resistance, which was our entry trigger, it has reached the early 2024 resistance level and is now reacting to it. Following the correction and red candles, the declining volume indicates a positive sign for the upward trend.
The RSI is pulling back toward the overbought zone. If the RSI climbs back up from this level, we can anticipate another sharp move.
If you entered with our trigger, it’s reasonable to hold your position for now as you have a solid entry point. For those looking to enter again, either wait for a correction or buy after breaking the 3.136 level with a large stop loss at 1.667. However, this would be a riskier entry.
🌞 Daily Timeframe
In the daily timeframe, after breaking out of the accumulation box between 1.543 and 3.136, THETA has experienced a 100% upward movement, providing an excellent profit opportunity.
Throughout this uptrend, we’ve seen an increase in volume, which has subsequently decreased during corrections. Even when red candles appear, the reduction in volume is a positive signal for the coin’s long-term trajectory.
Based on Fibonacci levels, potential supports are at 2.349, 2.011, and 1.543. After confirmation at any of these levels, long positions can be entered. For continued momentum, breaking the 3.136 level with a stop loss at 2.349 can be considered a riskier option.
⏰ 4-Hour Timeframe
In the four-hour timeframe, the coin is moving within a short-term box between 2.534 and 2.749, accompanied by reduced volume and consolidation. This suggests that a breakout is likely soon.
📈 Long Position Trigger
breaking the 2.749 level could trigger a trade, as the 3.136 breakout is expected to be led by whales. However, if you miss the 2.749 breakout, 3.136 can also serve as an entry.
📉 Short Position Trigger
they are not currently recommended. However, a break below the 2.534 level could offer a risky short setup. Ensure small stop losses and quick profit-taking, as extended downside seems unlikely.
💡 BTC Pair Insight
In the Bitcoin pair, THETA is just starting to show strength. It has recently reached its weekly resistance level and has a long way to go before its ATH. Once it establishes a higher low and breaks the 0.00003042 resistance, it could begin a strong upward movement. Stay patient and avoid FOMO if you’ve missed this move. Many other coins in the channel have not yet triggered their entries.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
THETA is on its way to being a Tier-2 projectTheta is a rather large project in terms of capitalization and it is quite difficult to move its price. From the chart point of view everything looks bullish and is about to shoot. You could also draw a cup with a pen here, but I didn't want to clutter the chart. Fairly good buyback reaction this week, the RSI is in the overbought zone and I think the asset's potential is not as high as a number of altcoins. This is not a bad option for investors who take a conservative approach to the market and for traders who like to trade with high leverage.
Horban Brothers.
Is THETAUSDT on the Verge of a strong bullish move?Yello, Paradisers! Are you ready to catch a potential surge in THETAUSDT? We’ve got our eyes on this one, and it’s time you should too!
💎 #THETAUSDT has successfully broken out of a descending channel. Now, we’re expecting a retest of the descending resistance. If the price completes this retest phase, it could pave the way for a bullish move from the demand zone around $1.231.
💎But what if momentum stalls and the price of #thetausd drops below this demand zone? Don’t worry; we’ve planned for that too. In such a case, we’re looking at a potential bullish rebound from the lower support zone at $0.902. This support is crucial due to its historical price action, and if the pattern holds, we anticipate a strong bullish move toward the next significant resistance level.
💎 However, if the price breaks below this support, it would invalidate the bullish setup and could lead to a significant drop.
As always, employ prudent trading strategies and ensure you have proper stop-loss measures in place. Stay vigilant to market movements, and we’ll keep you updated with more insights.
MyCryptoParadise
iFeel the success🌴
THETA Analysis: Ready for Another Explosive Move?THETA seems to be completing a three-wave ABC pattern or possibly a five-wave structure. Right now, it looks like we're in wave C or maybe even wave three, signaling the start of a sharp and powerful move. This move could mirror the first leading wave, which was very strong and profitable.
🔍 Wave Analysis:
Wave 1: A strong and profitable move.
Wave 2: A corrective phase with around 50% correction from Wave 1, an ideal setup for the next move.
Wave 3: Likely the start of another explosive move for THETA.
With the key resistances being broken, THETA is expected to reach higher levels. The projected targets for this token are:
🎯 Entry: $3
🎯 Target 1: $9 (200% profit)
🎯 Target 2: $38 (1100% profit)
🎯 Target 3: $100 (3200% profit)
🔥 THETA is ready for lift-off again; don’t miss this opportunity! 💎
SasanSeifi| Can It Hit $2.50!? Hey there,By analyzing the daily chart of BINANCE:THETAUSDT , we can see that the price has made a significant move up from its low towards the supply zone. Currently, the price is reacting to the supply zone and we are witnessing a pullback. Based on the overall market conditions, my view remains bullish.
My Expectation:If the price holds the support level at $1.50, it could potentially rise to targets of $2.00, $2.20, and the supply zone around $2.50. If the price continues to rise, we need to observe its reactions to better understand the continuation of the trend. The key support level is $1.50.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
THETAUSDT Trend Reversal Confirmed !THETAUSDT TEchnical analysis update
BINANCE:THETAUSDT 's price broke out of a triangle pattern on the daily chart after 150 days of consolidation, accompanied by high volume. The price is now trading above the 100 and 200 EMAs, confirming a trend reversal. This breakout signals potential for further upward momentum, as buyers regain control.
Buy level: $1.60
Stop Loss:$1.25
THETA looking for 2 to 4 X in Short to MId TermWith BTC getting ready to tap 100k alts are looking primed for movement. Theta is no exception lining up for a breakout that could be a 2 to 4 x in the short term before potential price discovery starts. EMAs and momentum looking solid here. Math says up as of now
#THETA/USDT#THETA
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards and it has already been broken
We have a bounce from a major support area in green at 0.1550
We have a downtrend on the RSI indicator that has been broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 1.20
First target 1.36
Second target 1.50
Third target 1.66
THETA Long Spot Trade (Support Pullback) Market Context: Following a sharp two-day reversal, THETA appears poised for a potential continuation if it holds the next support level. A slight pullback to around $1.10 may present a solid entry for a long position.
Trade Setup:
Entry: Around $1.10
Take Profit:
First target: $1.22
Second target: $1.35 - $1.45
Third target: $1.55 - $1.70
Stop Loss: Just below $1.00 (daily close)
This setup aims to capture upside momentum while mitigating downside risk. #THETA #Crypto #Support
THETA/USDT 4HHello everyone, let's look at the 4H THETA to USDT chart, in this situation we can see how the price has approached the local downtrend line that it is currently facing.
Let's start by setting goals for the near future, which include:
T1 = $1.33
T2 = $1.41
T3 = $1.47
T4 = $1.55
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = USD 1.30
SL2 = USD 1.24
SL3 = USD 1.16
SL4 = $1.05
Looking at the RSI indicator, we see
as we entered the upper part of the range again, which may still be an attempt to recover.
THETA Long Spot Position (Support Entry)Market Context: THETA has retraced to a key support level at $1.30, presenting a solid opportunity for a long trade. The setup provides a good risk-reward profile if the support holds and the price starts to bounce.
Trade Setup:
Entry: At the current $1.30 level of support.
Take Profit:
First target: $1.50 - $1.67
Second target: $1.85 - $2.05
Stop Loss: Just below $1.24.
This setup focuses on capturing the bounce from support with defined risk. #THETA #SupportTrade