THETAUSDT 8HHi Guys, I thinks the chart explain everything's Goodluck
👤SecondChanceCrypto
📅26.March.22
⚠️(DYOR)
THETAUSDT trade ideas
THETA 21 MAR by PPRKlate post, but you can try.
Entry Long: 2.84 - 2.86
TP: Blue bar on chart
SL: 2.78
Theta is Ready to Go Higher 60 MinTheta has broken Previous resistance formed on the 11th of March and has formed major consolidation arond the 10 day and 800 day EMA. Theta is ready to go Higher
Hand me My Light Saber
$THETAUSDT UPDATE!!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
THETA DECISION TIMEHello everyone,
Theta weekly timeframe is offering a good setup and all biais are showing green as well with BTC pushing higher too!
Over the past week we saw theta developping a higher low on the weekly TF and if we manage to clear that descending trendline we have been rejecting since November 2021, i believe we can see Theta retesting the $6-$7 in the coming weeks/months.
Massive falling wedge on THETATHETA has corrected off its highs for a full 365 days having corrected 85%. Its formed a massive falling wedge on the HTF and come into a weekly demand range with high volume bottom as its come into the zone. Price action contracting and getting squeezed with the last supply zone failing to put in a new low with a new HL being formed. 3D RSI looks reset and above the MA with bullish divergence on the RSI and MACD. MACD on weekly about to to form a bullish crossover as the histogram converges. This looks pretty bullish here and definitely a buy the dip move. I think its going for its high on the next leg up, only a matter of time imo.
During a recovery from the 1-year low, should buy THETA coin?The theta network coin appears to be in recovery stage, just above the 2022 year's lowest trading zone.
Theta coin is watching near the 50-day moving average after maintaining a price above the 20-EMA.
Stoch RSI provides notification of overbought areas in the context of the daily price chart.
Theta coin's daily price chart is trading above the 50-day moving average after the crypto price remained well above the 20-EMA line (white). The bulls need to cross the 50 EMA for further upside.
The Theta Network coin is trading at 0.00007357 satoshis concerning the bitcoin pair, which is up 3.79% in the green zone.
Stoch RSI is looking at the overbought area in the context of the daily price chart. At the time of writing, the values of the K and D lines seem to be above the 85-level.
The Average Directional Index (ADX) is trending lower and the ADX is now at 7-point, suggesting extreme sideways territory for the Theta coin.
Last night's bulls attempted to push the Theta network price higher but failed to close the daily candle above it. Now once again, buyers are aiming to manage the asset price above the 50-EMA. Traders should wait for confirmation above the bullish barrier before making any long positions.
Resistance level- $4.5 and $6
THETA TOKEN LOOKS GOODStatistically, late march is usually a good period to buy assets and hold for a while, and looking at THETA TOKEN from a weekly standpoint, it is wise to accumulate some if not much.
Theta is going downtown!!Quite a correction day yesterday.....let's see if THETA has enough purchasing power to break the resistance line I drew. Keep fingers crossed guys.
THETA - Final capitulationWe might be very close to Theta's final capitulation after more than a year in a descending triangle that became a falling wedge after December 2021. This projection hopefully comes with volume, which has been extremely low since a while
THETA decision soonTheta is approaching strong resistance from the top median line of the red downtrend Pitchfork as well as the center median line of the counter uptrend Pitchfork.
There's a demand zone marked by green rectangle that'll act as support as long as THETA doesn't get rejected hard by the top median line of the red Pitchfork.
Once it does break through, there's a supply zone above that'll likely trigger a pull back ideally to the re-test the top median line of the red Pitchfork before moving up.
THETA - StrengtheningAt the end of a positive week in THETA we see it break through to the upside of the Triangle formation that has dominated THETA for almost 12 months. It is now the 3rd day above the upper line of past-resistance and the longer it holds above that line, the better the bulls will like it. Volume is low at the moment though, so early days.
THETA / USDTI try to provide analyzes with a specific time area
Please note the expiration time.
always Be faithful to the SL.
*(( If you make an emotional decision, do not use any analysis. Try to control your emotions and manage your asset ))*
THETA / USDTIn my opinion, the downtrend of the market is over and my view of the whole market is positive, but never trade without SL.
THETA trying to breakoutTHETA is running into a wall of resistance; however, 2.83 seems to be holding for support. It's poised for a breakout as long as the support holds.
💡Don't miss the great buy opportunity in THETAUSD@Theta_Network
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.792).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 2.948
TP2= @ 3.106
TP3= @ 3.221
TP4= @ 3.379
TP5= @ 3.543
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.792).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 2.948
TP2= @ 3.106
TP3= @ 3.221
TP4= @ 3.379
TP5= @ 3.543
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Theta CupTheta's height percentage is calling for this target at the very minimum. RSI and momentum can push this 1hr candle out of the cup resistance. Keep a close eye on Theta.
THETAUSDT is testing the daily supportthe price is testing the daily support on 3.6$ after a rejection from the daily resistance on 3.1$.
on the lower timeframe, the price is testing the previous channel support as new resistance.
How to approach?
IF the price is going to lose the current daily support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
THETA have a Higher Chance to Be Bearish🟡Chart is speaking it self!
THETA TOKEN TETHERUS
-THETA Is in a Descending Triangle.
-No Break out
-If the Bearish Break out Happens, We Can Expect The Price to Reach 2$
-There is a little Chance That a Bullish Break out Happens and the Price would Increase Up to 3.8
_________________________________________
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
theta looking goodtheta is looking great to accumulate down here,
could potentially be close to breaking the down trend
