THETAUSDT trade ideas
Crypto Market Overview - How I spotted the reversalHere is a 20 minute breakdown video going over BTC, stablecoin dominance and the total market caps. I breakdown the correlation between stablecoin dominance and market reversals, HTF analysis on BTC and alts for a bullish outlook and my thoughts about where we are heading!
Theta Token Downtrend Broken (215% Potential Profits)The Theta Token vs Tether pair, THETAUSDT, is also coming out of a major downtrend.
This downtrend started in April 2021.
After a downtrend that has gone for so long...
We can expect the bullish wave that follows to be fast and strong.
Here I am mapping 215% profits but remember, there can always be more.
Namaste.
Where are the Video NFTs? A Brief History of Decentralized VideoWhile the hype in Web3 right now tend to focus on NFTs of image files, most Web2 platforms are still focused on video and livestreaming content since that's where the demand for content is at the moment. Why aren't people talking more about minting NFTs of videos in a decentralized way? The challenges, possible solution, and a brief history of attempts that came before.
Theta Possible trade & Trend!Theta has anice parabolico rally during period of 12 months, March '020 lows to March '021 highs.
After which entered in corrective bear trend which also lasted till Feb '022, almost 11 months.
Now reversal could be seen on next bull run which expect to lasts for following months possibly going into early next year.
Good project to invest while recommend reading project's white paper for more info.
Wave 5 shown on chart consider as least expectation.
Theta look really good NowBINANCE:THETAUSDT
BINANCE:THETABTC
Theta finally shows an end to the accumulation. For an ATH we need a test at $ 6.5 and taken as a support. RSI is quite high daily, but not worrisome. In parallel, you should also watch Theta / btc, which looks very good at the moment. For ATH we have a target of 1,618 on Fibbonaci.
This is not investment advice
DYOR
THETA#THETA
It is on wave 4 and the floor of the channel is ascending
Due to the sharp movement of wave 3 and the corrective movement of wave 4, the price can be accompanied by growth
At the end of the pattern formed, a positive divergence from the MACD is seen, which could be the beginning of wave 5.
THETA 1W THETA is close at the $3.5 resistance . I would wait for the weekly closing before taking any other decision about the short term ( next couple of weeks ) for this coin .
Additionally I believe that we could see a retracement before making another attempt to break through the resistance at $3.5 . If we successfully break the resistance the other level I will be watching is around $4.5 , above that we could be ranging between $5 and $9 as we previously did from 17 of May 2021 until 29 of November 2021 .
THETA is able to reach 3.8$ now!THETA has Done a Break out Since Last Time we Spoke about It ! It was in a Descending Triangle But The Bullish Break out Has Happened & The Scenario Has been Changed ! Target & Resistance For Now Is 3.8$ Support Sits around 2.4$
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