THETABTC trade ideas
THETA - Finding ReentryTook profits at 2500 on previous pump. Missed 2290 entry by not setting orders before falling asleep. But would have liked have seen a bit of a deeper retrace. Now we have moved to the upper half of the channel on a steeper trend line. Have orders set in the between 2340-2480. Excited to get on this for the next leg up 2800-3000. Want to see the Stoch get into the buy zone first, and then move out rather quickly.
THETA Support and Resistance Levels 2/9Support: .00001230 and Resistance: .00002120 possibility to shoot beyond but only if BTC holds up. Many new people to this market especially financial wizards from the old dying market built on different principles believe that we can just "replace bitcoin" while holding up "blockchain" with fairy dust and regulation. Let's just take Jesus out of Christianity. What's Jesus got to do with it? I digress if the broader market accepts bitcoin as what it is "the standard of the new economic system" then we can measure our growth according to a standard that grows and we are back to business. THETA and many other projects will win big in such an environment.
THETA Signal BuySignal Buy For THETA Because:
- Trend Still Bullish
- Prices Touch EMA
- Stochastic Shows Over Sold
There are 2 ways to buy THETA
1. Buy On Weeknes: Buy At Current Prices Below 2000 Satoshi
2. Buy On BreakUP: Buy When Prices Penetrated TrendLine Down Lines, And STRONG BUY When Supply Is Penetrated
TP 1: 2279 Satoshi / 0.618 Fibonacci
TP 2: 2554 Satoshi / 1.0 Fibonacci
SL: 1829 Satoshi
Theta Token Breaks Above Resistance (Aims for 100%+)Theta Token (THETABTC) has broken all resistance, in the form of moving average lines, and is aiming for 100%+ (Nov. peak price).
We traded THETABTC back in Nov. which generated good profits... Now comes the second wave.
Signals:
- Bullish RSI.
- Good volume.
- Break above strong resistance MA200.
You can see our old Theta Token analysis here:
This is just a friendly reminder... Not trade advice.
Namaste.
ThetaBtc in Potential CUP formationHi guys,
ThetaBtc is trading in giant SYMMETRICAL triangle pattern with price been rejected at the top side of the triangle and rally down to test out the bottom level of the triangle. We may rise up in the form of CUP.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.