THETALooks like THETA is losing steam and setting up to retrace, but not just yet.
Difference between Buyers and Sellers on THETA Spot and Futures markets is inconclusive, Buyer vs Seller dominance shifts every 5 minutes.
Daily volume % is way up, over 1000% on Spot alone.
I tried counting waves, but don't quite see clear structure yet.
I think THETA will arc towards Target #1, other 3 targets need to be evaluated if Target #1 is reached.
Target #1 3.830
Target #2 3.753
Target #3 3.470
Target #4 3.187
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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BINANCE:THETAUSDTPERP
FTX:THETAPERP
OKEX:THETAUSDT
HUOBI:THETAUSDT
HUOBI:THETAPERP
BYBIT:THETAUSDT
THETAUSDTPERP
THETAOur bot just sent a $THETA signal. That's the second time it sends a THETA signal over the last week. That's a sign of strength!
THETA looks at long term support which is holding strongly so far.
It has also good upside potential with a first TP at 10% and another around 40%!
MACD also turned bullish today on the daily, RSI is looking good and the daily volume is pretty high!
Entry1: Between $3.828 to $4 (you can place a limit order)
Entry2 : Buy the pullback on the 1H TF.
SL : $3.7
TPs: $4.57, $5.73, $6.3
THETAUSDTPE 2022 Buy Signal FORECAST NEXT DAYLY TREND CHARTTHETAUSDTPE 2022 Buy Signal FORECAST NEXT DAYLY TREND CHART
Technically we are still overall bearish and here are the possible scenarios:
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📹THETA- Squeeze is coming, 200EMA chopThe price is consolidating on 200EMA/node of big volume in an ascending triangle formation, preparing for a next move. It is additionally supported by nearby (and recently touched) zone of support(green) and dynamic support(orange). If this time THETA could break dynamic resistance (blue dashed) and key level resistance (7.25) we could then hope for some consolidation under major resistance, which could lead to a breakout, and possibly the beginning of a new uptrend. But it's too early to speculate, for now the ultimate goal is to break local resistances.
Entry: buy at current price
Targets:
7.25
7.59
8.32
9.93
11.01
13.22
14.97
15.91
---------------
About THETA:
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
Source: coinmarketcap
THETAUSDT , Its ready to go upGood night guys
We back with another powerful project that is working in different kind of property
According to the chart you can see the after the price break our trendline resistance (red box) we need some pullback and correction of the breakwave and now , the pullback its finish and the dynamic support is near to price because of this reason the price is ready to go up and reach the target that we shown .
Dont forget use stop loss and observe to money management
Good Luck
Abtin
THETAUSDT beginning of the new uptrend!THETAUSDT (1D Chart) Technical analysis
THETAUSDT (1D Chart) Currently trading at $8.3
Buy level :Above $8.1
Stop loss: Below $5.4
TP1: $9.6
TP2: $12.7
TP3: $16
TP4: $23
Max Leverage 2x
Always keep Stop loss
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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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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 1D Where to sell and where to buyLet's take another look at THETAUSDT on the global chart today
Since the 75% drain of the coin cooled the dust of small investors a little.
First, let's look at our previous idea THETAUSD , which was published 2 months ago.
Then we wrote that if the price is kept above $11, then there will be a chance for growth to $18. We did not see $18, but the market fixed the maximum +45% at $15.88.
And then the price was drastically lost in two passes. We should recall the words from the last sentence of the previous idea: "a cool head suggests that big money went to THETA in the region of $2"
The minimum price of THETA during the drain was $3.85 and then a corrective rebound began, which continues to this day.
An important area on top is $9.15-11.30 , where current growth can be expected. It is hard to believe that the THETAUSDT price will break this zone up from the first time.
And then we again return to the liquidity zones from the bottom, where the coin was bought with a lot of money.
The first zone is $1.50-2.40
The second zone is $0.55-0.75
(of course, sellers will first need to push the price below $4)
For the future, place buckets for purchases in these zones if the negative background continues to push cryptocurrency prices down.
P.S:
Let's not say that we want these prices, but theoretically, they are real on the crypto market because the price of THETAUSD has grown from $0.04 to $15.88 in a year.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. 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 :)
THETA 1D Global idea, support and resistance levelsYour attention is the global idea on the THETAUSDT chart
The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000%
It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :)
But we turn off the FOMO effect and continue to analyze the graph soberly.
THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days.
And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue.
The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50
And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone.
However, if you have an average or large deposit, the n to agrees our risk management, THETA should not take more than 10-15% into your portfolio.
Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone.
The critical level is $10. Below this level, a long and deep correction may begin.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. 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 :)
THETA QUICK SCALP :)Don't want to be holding onto anything for too long with the choppy conditions BTC is presenting us currently, however THETA has been one of the few projects that has held up well and recovered strongly. We can see its primed for another wave up at the moment!
Wanting to take profits just below the 4hr trendline.
S/L: 10.95
TARGET 13
✳️Theta Token/USDT Analysis (22/1) #THETA $THETATHETA has lost $2 zone and is falling back to $1.5 zone, which is very strong support since it helped THETA recover on January 11th. Over the next few days, I think THETA will return to $2 zone. .
If THETA conquers $2 zone, it can move up sharply to $2.5 or even $3
If it continues to be rejected at $2, it will fall sharply to $1.1 to test the MA200 of 1Day frame.
📅NEWS
No News
📈BUY
-Buy: 1.45-1.55$.SL if B
-Buy: 1.05-1.1$.SL if B
📉SELL
-Sell: 2-2.1$.SL if A
-Sell: 1.45-1.55$ if B.SL if A
♻️BACK-UP
-Buy: 2-2.1$ if A.SL if B
-Sell: 2.5-2.6$.SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️Theta Token/USDT (20/11) View + Trading Plan #THETA $THETATHETA has increased 15 times this year and now it looks like it is declining and could definitely drop sharply in the near future.
The closest support zone is the 0.55$ zone. And only once THETA conquers the 0.7$ zone it will continue to rise but resistances are quite close
📈BUY- LONG
-Buy: 0.55-0.57$, SL if B
-Buy: 0.48-0.50$, SL if B
-Buy: 0.40-0.42$, SL if B
📉SELL-SHORT
-Buy: 0.55-0.57$ if B, SL if A
-Buy: 0.48-0.50$ if B, SL if A
-Buy: 0.40-0.42$ if B, SL if A
♻️BACK-UP
-Buy: 0.68-0.70$ if A, SL if B
-Sell: 0.75-0.77$, SL if A
-Sell: 0.83-0.85$, SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"