THETAUSDT Quick Short Position Anti Bat Pattern on 1 hour timeframe on THETAUSDT.
Entry: 1.388(on bearish order block)
SL: 1.511
TARGET 1: 1.292
TARGET 2: 1.224
TARGET 3: 1.044
TP 50% to TARGET 1 then move SL to entry to avoid loss.
If the trade goes well, there's a high chance that there will be a bounce on TARGET 2
Let me know in the comments what you think.
Thetausdtshort
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
THETA Long some now and add more in the dip.
Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries.
Re -Entry range:- $2.770-$2.7
Target:- 15% to 30%
SL:- $2.5
Lev:- 10x
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
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Thank you
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 IDEA UPDATE! Hello, I am updating my first ever idea on THETA. This is my idea based on the technical analysis and what I know about it's fundamentals. Since I have been following THETA, it has had a massive growth and I actually I rate it as one of the best fundamental projects I have been into recently, I recommend you to check it. Many people booked some profit (also some of the events were delayed) and as we can see it has been following quite a small downtrend. But If you look at the indicators, and also the formed, it seems as THETA looks quite bullish right now and it actually is bullish for short and for long if you hold a big bag of it.
In my analysis I have mentioned the trend in the short term. If the trend jumps from the red line, it will be bullish for short, so there is the area for SL if you have bought or if you are willing to buy, just be careful, it has to jump from the red line.
The 2 TP (13.8 - 14.8) are mentioned in the area there quite as the SL(12.3). Personally I see a good profit from 10%-30% in THETA in the short term and if the trend continues sideways in between the TP, we could see new support being formed there and another uptrend soon.
Do your own research too. And be as profitable as possible. :) If you have any comment or any other idea, it would be really helpful. :)
IS THETA a forward indicator for the rest of the market??this is just an idea. don't take it to heart. just a thought.
THETA has had an absolutely phenomenal run so far.
from bottom to the top basically did a 150X.
very impressive.
However, I do believe that it's done. Its completed its run up. for now at least.
I count 5 major waves, and if you actually look inside each of the waves, you can actually count out another 5 waves. the 2W chart don't show the individual waves as clearly, but if you look at the weekly you can count 5 smaller waves within each of them.
and the waves are valid because the 3rd wave isn't the shortest, theres a 1.1 ratio of the 3rd wave vs the 1st wave so this count is valid.
Additionally, rising wedge on 2W RSI.
I dunno bout you boys, i reckon this is done.
1st major support round:
- $3 range. ranges are pretty broad coz they're weekly OBs.
then
- $2 range
then
$0.70
$0.40
$0.26
this is crypto after all, tbh, I wouldn't be surprised to see $0.70 again, but then again. wth do i know.
im just a joker boys.
Maybe this is a sign of what is to come to crypto? we'll see, i'll be watching this thing though