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Theta Token / TetherUS PERPETUAL CONTRACT

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THETAUSDT.P trade ideas

THETAUSDT 1D - READY FOR MOON !!THETA (Daily Chart) - Technical Analysis Hello Guys, don't forget with this coin for ALT Season. THETA will make strong move after break the mayor trendline. As you seen previously, THETA was rejected 4 times in mayor trendline. It means, the trendline is now starting to weaken. So buy the dip before bullish again, our target is fibonacci 1.618 Entry Point : 6.00- 6.90 Target 1 - 8.76 Target 2 - 10.90 Target 3 - 13.40 Target 4 - 15.80 Target 5 - 19.70 Stop Loss : 4.90 Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades. *Not financial advice. If you want me to share these trades here, hit the like button and share your views in the comment section.
Long
by KAC-Crypto
1
Quickpost on ThetaTheta has finally broken its resistance and I see a lot of upside for the rest of the year, maybe into Q1 next year. I am looking to take profit at about $40 and if/when I see some consolidation patterns I will double up at major fib levels with some of the margin I create in the move. Quick look at technicals We are above the SMAs on this break out and the MACD is positive and above the signal line, and both are above zero. Also, the 9 seasons rainbow shows we have established a base and afterwards have established a clear uptrend. On a higher time frame the volatility indicators suggest we are in a uptrend and we have broken above the 20SMA. On the 4 hour we can see that the price action has retested the resistance line as support. It may need to retest further but the lower time frame volatility is likewise favoring a uptrend. Trade Management I am keeping my stop where it is for now until it seems that the chop around finding support on previous resistance is done then I will move my stop loos to guaranteed profit while I let this run. I do expect more chop around each fib level as we move up but I have a good entry for what I feel is a good RRR on a long shot.
Long
by This_Guhy
Theta Looking for a Rebound!!?Theta has been steady rising since the end of september but currently is feeling the heat like the majority of the market due to BTC slightly dropping! We are currently approaching a very heavy support zone and i think it is pretty likely that we get a bounce coming up soon, first we have the support coming from the midline on the bollinger bands, then we have uptrend support coming from the end of september, then support at 6.9$ (USD), likely support at 6.7$ but don't wanna cram the chart, we got the 0.2 FIB level (heavy) and finally very heavy support at 6.1$. So as you can tell we have a ton of big support zones coming up soon so there is a good chance we do see a rebound off one of them, of course though if BTC decided to spike down Theta would likely fall sharply aswell. The MACD isn't looking fantastic, we are seeing a bit of separation right off the bat with the orange MA starting to trail off from the Blue, we want to see the blue stick close to the orange and ultimately get that bullish cross, being too far spread out means it will take a ton more for us to actually get the bull cross, now the histogram is on its second red bar in a row and it has grown bigger from yesterdays and thats not a great sign it shows the bears momentum is increasing but ideally we want to see the bars flatten out and eventually shrink day to day all the way to the midline where we are going to then enter the green zone. Part of the reason i think we are due for a bounce is because on the RSI we also have very heavy support that we are actually currently rebounding off of, we are curling upwards off the first support line we have drawn and then even if we do see more downside we have strong uptrend support and then the midline just below that! Very good chance we see this rebound happen either now on the RSI or when we breakdown to the second and third support levels. The most important thing on the RSI is that we remain above the midline and don't fall below and get stuck underneath, this would put us in a confirmed downtrend and of course that would not be great so we must stay above this level and remain in an uptrend! Not financial advice just my opinion!
Long
by JacobR905
1