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3X Long Theta Network Token

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THETABULLUSD trade ideas

THETA/USDT Trading ScenarioWe're looking into the scenario of price movement development on THETA. Right now, the asset is trading below the resistance level at $2.5757. There's a chance it could break through this level if the volume profile supports it. This could show that buyers are getting more interested. The next significant resistance is at $3.1098. From this level, there might be a correction and testing of the broken level, which will confirm its strength as a new support. There's a chance that further consolidation under the new level, with a probable move higher, will be seen. This will depend on the preservation of buying pressure and favorable market conditions.
BINANCE:THETAUSD
by Rick_SimpleSwap
Theta in weekly chartHello everyone Sometime I leave my wave counting technique and just focus on my Technical Knowledge, because you can not push all waves in Elliott and some of them are disclosed after finishing. Technical analysis always help me in this situations and this chart (I love Theta) is the best example. I know many of you are thinking that you can count them but I promise you it is not right way for this chart. The first bullish rally that started at 0.036 USD seems to be a clear impulse but none of us know that if it was wave 1 or wave 5 of upper degree (compare its correlation with last rally of BTC). Its bearish market started at about 16 USD and it finished ( I wish) at around 0.5 USD after 917 days. For now, what I see is a perfect textbook Flag but there is a fractional hesitation about it and that is TIME. According to textbook, Technical Analysis by Edwards, these flags that prolonged for more than weeks are not reliable, but as you know we are learning many new surprises in Crypto market and I have decided to test this rule of FLAGS in this chart. Let it take time and show us. Thanks
BINANCE:THETAUSDLong
by AMA_FX
2
THETA - Bullish Or Bearish Patterns 🧐?THETA Appears to be copying Bitcoin somewhat in that it has become "corrective" but yet as part of a steady uptrend. We could look at this as an ascending wedge which is typically known as a bearish pattern. The textbook will say how the wedge signals weakness to the upside and is typically followed with a break to the downside which is the assertion of the dominant trend. However the textbooks do not cover crypto and I think we are seeing an interesting anomaly. And that is that; in ultra bullish phases, the corrections trend up and thus we have bullish ascending channels. The clue I think is the many lower time frame descending channels within the ascending wedge. They are bullish patterns. And the current descending channel is very shallow. This I think signals that there will be a pump in the pipeline soon enough. So rather than the textbook; impulsive waves being punctuated by corrective pull backs, what we get instead is ultra impulsive waves punctuated by somewhat slower; steady uptrend. In the end I think the best way to look at it is that there are multiple tiers of impulse and correction wave. It doesn't mean that this can't develop into a pull back, but I dont think the ascending wedge is a bearish clue here. And this may continue on up without much or any pull back at all 🧐. Day chart:
BINANCE:THETAUSDLong
by dRends35
2
THETA 1D 37% to finish wave (5)As we embark on this visual journey let us harness the power of knowledge to illuminate our path forward... Together we can unlock the potential within these charts and empower each other to drive impactful decisions and conquer new horizons. Wave (3) extended and expecting $1.69-$1.7 before next corrective count. THETA allows nodes to validate transactions, produce blocks, vote on changes to the network and earn TFUEL as a reward. Further, TFUEL is used to pay for transactions on Theta and is used as the micropayment currency when users pay Edge Nodes for sharing a video stream.
TLong
by TheCryptoChartWhisperer
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BINANCE:THETAUSDLong
by MoemenAwadalla
5
THETA - Next Step is BullrunHi All, Here a new analysis. I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph . I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone! We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave that I'm gonna focus during the next months. This wave should be made up of 5 sub-waves (fuchsia color). I think the first sub-wave is over and maybe the second sub-wave has been over also. If so, we're going to have a nice pump in the next few months, maybe weeks. Plan: - Trying to sell the top 3 sub-waves (To be determined); - Trying to buy the bottom 4 sub-waves (To be determined); - Tying to sell the top 5 sub-waves (target 1: 24$ and target 2: 257$). Let's get the ball rolling! Stay safe! PS: it's not a Financial Advice. Only my plan.
BINANCE:THETAUSDLong
by Horus83
Theta Network (THETA) Aiming To New All Time HighSince October 19, THETA has increased by 50%, primarily due to the upward trend on the BTC chart, which remains a driver for the entire cryptocurrency market. Last night, the price of THETA surged by 15% once again, setting a new local high at $0.833. Buyers still have a greater influence on the Theta Network price than sellers, making a continued upward scenario a priority. The next targets for buyers could be the resistance levels at $0.85 and $0.87, although it would be preferable to see some stabilization of the rate in a sideways range between the support zone of $0.723–$0.745 and resistance of $0.795–$0.833. In case of a correction, THETA could drop to levels of $0.703, $0.688, and the narrow demand range of $0.660–$0.675. All of these marks are part of the upward trend, so testing them could be a logical step before moving to new highs.
CRYPTO:THETAUSDLong
by DEXWireNews