Thetausdtlong
Theta token analysis* Theta token in daily time frame forms a Descending triangle pattern, with the above trend-line working as the resistance for the price and it's major support near $3.500.
* Currently the price is in a tight consolidation between, a Horizontal line as a support near $5.500 and the above trend-line.
* If the price breaks the above trend line we can expect a bullish move till TP1 = $7.200, TP2 = $8.600
* And if it breaks the $5.500 level it will back to it's major support.
💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.425).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 7.528
TP2= @ 8.538
TP3= @ 10.099
TP4= @ 11.338
TP5= @ 13.195
SL= Break below S2
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THETAUSDT Moving Along the Bullish Channel
Welcome back Traders, Investors, and Community!
THETAUSDT on H4 after breakout and retest on its way going up
⬆️Buy now or Buy at 5.890
⭕️SL @ 5.17
✅TP1 @ 7.90
✅TP2 @ 10.0
✅TP3 @ 13.12
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be ready 50% down is coming ... lets shortAfter our successful Signal for LTC which hit all targets with about 60% profits 👌 (the original post below this article)
we were waiting for another low risk trade to share freely with you here..
Theta coin is a good based project but for short term I think there will be another last correction which will happen within July n August, and then we may have the chance to complete the bull run again.
s o the bearish signals we can see on the chart for now is the following:-
1- Death cross, EMA 50 has just crossed below EMA 150 which is a bearish divergence.
2- We are making lower highs n higher lows.
3- Downtrend is still continuing had not ended yet.
4- Strong diagonal resistance (the black line) that we failed to break for about 100 days !!
5- We are about to face the EMA 50 which Theta failed to stand above since the hard dump on 17 may.
6- We are about to face the last support that Theta broke while falling down which is expected to be flipped into resistance.
so we r expecting bearish movement..
short:✅ 5.90 - 6.10 ✅
🎯TARGETS:
1- 4.68
2- 3.94
3- 3.50
4- 2.94
💵 Trade Size: 3% -5% of Portfolio
🚫Invalidation(SL): 7.73
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Thank you.
THETAUSDT Interday SHORT/ BEARISHTHETAUSDT Interday SHORT/ BEARISH - We failed to break through resistance so I now expect to come down to the next support, I personally entered a short here with the TP at the next support and we'll see what's happened, these are the interday/day trading S/R ( Support & Resistance ) levels
THETA AnalysisTHETAUSD is approaching a crucial point, it will likely break to the upside from this dominant position above the mean trendline of the current run
This breakout theory is exacerbated by the BTC pair which is retesting the top of a falling wedge, which is quite bullish for price and will likely result in a large bounce
I have not looked much into THETA technicals, this is my first analysis of the coin..
THETAUSDT Ascending Triangle BreakoutTHETAUSDT Ascending Triangle Breakout
Currently in Retest
Wait for the retest to be completed
NOTE: OPEN BUY IF & ONLY IF THE SETUP IS VALIDATED.
Buying Above: 9.054
TP1: 10.539
TP2: 12.803
TP3: 15.850
SL: 7.421
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
THETAUSDT Good BUY!THETAUSDT (2H Chart) Technical Analysis Update
Resistance line breakout
THETA/USDT currently trading at $11.35
Buy-level: Above $11.50 (only buy if 1h candle close above 11.50$)
Stop loss: $10.30
Target 1: $11.90
Target 2: $12.50
Target 3: $13.00
Target 4: $13.90
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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THETA'S EXODUS RELEASE Q2This is just an update on Theta. According to Exodus’ co-founder and CEO JP Richardson, Theta is in line for a Q2 release this year, thus opening a path for U.S. residents to get involved: 55 minutes 55 seconds in:
www.youtube.com
In addition, Theta's price has pulled back 39% since its all-time high set recently on 16 April. This could be an interesting time to send the sniffer dogs around.
I am long THETA/USD since June 2019 and believe we are still early despite the huge run up over the past year. A 39% drawdown might just be just the ticket to buy the rumor. THETA/USD has retaken the 50 SMA ($9.15) on the 3 month chart in the last few hours.
Happy hunting!
THETAUSDT breakout!THETAUSDT (1H CHART) Technical Analysis Update
THETA/USDT currently trading at $9.37
Buy-level: $9.20- $9.40
Stop loss: Below $8.45
Target 1: $9.98
Target 2: $10.60
Target 3: $11.33
Target 4: $12.35
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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