$THETAUSD - Double bottom, wait for confirmationHello everyone!
There is a possible double bottom pattern being formed on THETAUSD.
The token is testing an important resistance level at 2.02, so far the resistance stays strong.
The importance of this level is shown on the chart static resistance and the dynamic resistance which once was a support.
For that being said, I highly recommend to long above 2.05 or 2.06, or wait for the retest of 1.89 and go long.
Thetausdt
THETAUSDT moving at right bullish trackHi friends hope you are well and welcome to the new update on Theta coin.
Road map available now:
1st of all I would like to tell you that the road map of Theta coin is finally now available.
Ichimoku cloud is strong bullish:
On weekly chart, the price action is moving above the Ichimoku bullish cloud and the cloud is moved at the level of $1.45. The lagging span is also bullish and the conversion and base lines of the Ichimoku cloud indicator are also strong bullish.
The EMAs:
The exponential moving averages with the time period of 10 and 21 on the daily chart are also strong bullish. And the price line is using these exponential moving averages as support very well before the next bullish move. If the priceline will start a correction then it may re-test the EMA 21 which is at $1.58 at the time of writing.
The simple moving averages:
The simple moving averages with the time period of 25, 50, 100, and 200 have formed an opened alligator mouth as the smallest time period moving average is above all and the bigger time period moving average is below all. Therefore, unless this alligator’s mouth won’t be closed the bullish rally cannot be ended.
Bull flags:
On the small-time period 4-hour chart, the price action of Theta coin is forming bull flags consistently and as per the sequence of the current bull flag, the next imminent move can be upto $3.1.
Conclusion:
The price action of Theta is very strong bullish from short-term to long-term. At the start of the year 2020, the price of Theta was around $0.09 and at the end of 2020 it reached $2. So if this pace will be continued then theta can again surge more than 2600% and reach $50 easily.
THETA LONG TRADE 20210103THETA LONG TRADE 20210103
Blue -> Green * 2
Trade close manually when: the above ribbons turns Yellow or better Red.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Theta is retreating! Oppurtunity! (update)After failing at entering the old ascending channel and forming some kind of symmetrical triangle on the way down
SMA 50 fails to support
Theta bounces at 2,07 strong support almost as same range as 0,786 fibonacci retracement level
If it bounces back will hit multiple resistance on the way up
if this support fails then 1,92 will be next support (yesterday swing low) only if sma 100 fails to support
THETA ROCKET +1538%We went long THETA on 26 June 2019. The cryptocurrency had an amazing run throughout 2020 and has broken the $2 level on New Years day 2021. It only seems like a few days ago when I reported on the price smashing through the $1 barrier, which did occur on 22 December last.
THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge problem with a "self-funding" decentralized broadband expansion technology.
Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis. It's fast, secure and extremely cheap to use.
Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet last month. Smart contract funcionality opens up a whole new set of user experiences and new attribution models for DApps built on the THETA network
Also, the team announced the next generation THETA blockchain: THETA Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning.
We are +1538% on this trade and remain bullish on THETA. It is yet to be listed on Coinbase and the project is still very much under the radar.
ANÁLISE EM 15MIN DE TETHA/USDTANÁLISE EM 15min COM TEMPO GRÁFICO DE 5MIN PARA SWING
CRIPTOMOEDA EM FORTE TENDÊNCIA DE ALTA, VEM GANHANDO ESPAÇO E MAIS VALOR A CADA DIA QUE PASSA. DITO ISSO, REALIZAREMOS OPERAÇÕES DE CALL (COMPRA), NOS POSICIONANDO E ESPERANDO CORREÇÕES DE PREÇO EM REGIÕES FORTES PARA NOS REALIZAR NOSSOS TAKES!!]
PRIMEIRO NÍVEL DE TAKE NA LINHA VERDE E DE STOP NA LINHA VERMELHA.
RSI >60
Theta Token Weekly Pipe Dream that can come trueIS theta due for a temporary pull back? I think so
Theta has had a solid past few weeks after rallying over 100% and much over 1,000% on the year.
Pull back would from here is likely and normal.
Accumulate on the dips
Short the tops off
or Hodl (Hold on for dear life)
(Not financial advice)
THETA USDT AnalysisEngineering Robo and I are bullish about THETA at the moment. All Buy signals are present at the moment! You will have to watch price closely as it is currently at ATH territory.
If you are holding THETA, continue to hold and watch for EngineeringRobo sell signals. You can also sell at the uptrend line.
If you are interested in buying THETA, you can wait for the 1.1257 line to become support level, or you could buy again at the 0.68308 support level
No matter what level you buy or sell at, you should pay close attention to EngineeringRobo signals!
If you're looking to use EngineeringRobo, DM me!
THETA 1D. Worst-case scenario is the test of $0.3An interesting project with small daily trading volumes.
From March 2020, Theta token is in a solid upward trend. Measuring the percentage of growth which THETA's price made in 7 months, we were amazed. x20!
The global support level for the token is in the range $0.2-0.24. It was in this range that buyers managed to stop the aggressive fall from $0.6, which began at the end of May 2020.
On 4 October, the token set a new historical high $0.794 . If we draw a trend line for two highs , we see that the growth trend angle can change.
The critical point of this token is at $0.5. It is difficult to measure the probability of one scenario or another so far.Therefore, we will follow the nature of the price movement and make updates.
The worst-case scenario for THETA at the moment is a deep correction to $0.3.
This scenario is quite possible if BTC and the entire crypto market are corrected.
______________________________________
Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)