THETAUSDTUpdate.. 25% profits..
I recommend to take a partial profits and make your stop at the entry points. This move might be an ABC correction and the price may going for another low.
See related ideas for more information.
THETAUSDT trade ideas
THETAwishful thinking or repeating pattern?
I copied the same price action from the last two years and placed on long term supports.... looks pretty.... we will see if history will repeat or we print a new pattern.
Either way THETA is a $1000-$3000 cryptocurrency with THE solution for broadband redistribution.
THETAUSDT$It can do another low, so I recommend with dollar cost average, this is a swing trade so it gonna take time to reach targets, first target for me 16$.
THETA SHORT BETERTREND LINE
CAN REJECT
CAN BREAK
SHORT IS BETR
We are waiting for the price reaction to the important area, then we can choose short or long.
Theta Theta looks amazing as an investment right now. IMO, it will create a bullish divergence on daily before a bullish trend. you can buy 50% around 2.5 and another 50% around 1.6. This means if you wanna invest $1000, then buy $500 worth around 2.5 and other $500 at 1.6. Theta/btc looks really interesting. Sharing the weekly chart below.
Target : $6 and $8.
Investment horizon: 6 months-1 year
theta usdttheta usdt
15m
Due to the break of the trend line and the lower floor and the lower ceiling, there is a possibility of falling. Please analyze calmly and make a profit
Theta bounced well from the support of channelDescending triangle:
On a long-term weekly time frame, Theta coin has broken down the support of a descending triangle and als broke down the weekly 100 SMA support. Now it has found a strong price support at $2.25.
Down channel:
Recently Theta has formed a down channel on a daily time frame and getting bounced form the support of this channel. Now if it breaks out the resistance of this channel then it can re-enter the big triangle back.
THETA READY TO GO UPWith ending diagonal at C, we expect price complete correction and expect new ATH
THETAUSDT - SETUPTHETSAUSDT price is moving into a parallel channel and touching a strong support zone. Price looks stable today and if Bull's recent bullish attempt continues, then we could see a good rally towards the 4-5 region.
THETA/USDTHi, I try to post often so if you could follow and like it would mean a lot to me.
After falling with five waves and colliding with PRZ, now it's time for a wave of correction. And the price can reach the specified price.
We have to wait to continue moving.
THETA,CRYPTO, SIGNALWe are bullish on $THETA long term with great fundamentals to support our view. With the launch of the NFT marketplace around the corner, new token and lowest price since Jan 21, we can see a drive up to higher prices
🌳THETA'S Expected MovementHello every one
THETA TOKEN / TETHERUS
THETA has Done a Massive Bullish Movements But Has been Reduced a lot Recently as well. If we observe The Chart at Weekly Timeframe, We can Understand That The Price is in a Pretty Big Descending Triangle. The Support zone which is at the Bottom of This Pattern has Done Greatly and Held The Price above 3.4$. There Might be a New Bullish Run Soon because If you observe The MACD you Can Understand That There is a Regular Bullish Divergence (+RD) on It & It Is a Great Sign of a Incoming Bullish Movement.There Is a High Chance For a Break out To Happen But We Shall Wait and See If It Is gonna Happen or not (No Confirmation) The Resistances Are Shown on The Chart So It Is Expected That The Price Would React To It if The Said Break out Happens. The Price will Be able To Reach It's ATH if The Break out happens.
🟡What Is Theta (THETA)?
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta main net operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
🔴This is only an idea and not a financial advise ( NFA )🔴
💎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
THETAUSDTMy analysis of Theta is that I think Theta can behave like it did in the past and, according to Fibonacci, can see good prices.
Unfortunately, most of my analyzes failed due to the sharp fall of bitcoins.
Which day of the month to buy THETA at DCA? Our Quant Answer!In this idea we want to show our operation as a long term trader - further definition for the term "Investors" - in which we select - doing also fundamental analysis - assets with long term bullish Bias.
In some of our portfolios we have THETA, which we buy every month in Dollar Cost Averaging (DCA).
As Quant Traders and Investors, we have developed the Bias Analyzer to help us decide the day of the month when we can get a statistically advantageous price.
On the 21 and 27 the price of THETA tends to fall and therefore on these days, we can buy at market whenever we want, considering that the day is calculated at midnight UTC .
Also we can combine the BIAS information by looking at the graph where is presented:
- Fibonacci levels or Hosoda's 50% to find a good point: 0.382, 0.500, 0.618, 0.786
- Support and Resistances provided by Ichimoku/Chikou
If you would like to automatize or remind, feel free to use our Open-Source DCA Bot Indicator
How do you guys calculate your DCA entries?
Theta - Where to buy and sellBased on the Tom DeMark trading system, we accumulated in the weekly buy zone, formed a descending triangle, and have now broken below.
The green lines are our support. The red areas above are the current sell zones. The sell zones may need to be reevaluated with time.
Happy trading!
THETA - then I went shoppingYesterday I thought I worked out a pretty good paper trade for THETA. My wife and I needed to go run some errands and shop so I activated the trade (yellow arrow), then I went shopping.
Ya I probably got stopped out while I was choosing radishes and cucumbers for the dinner salad. Anyway, theres something to learn here and I thought I’d share.
The set up;
Here’s part of my journal entry for yesterday morning prior to trade:
Thu 20Jan22 - 1130 - $4.569
* 1m - RSI@51, Lowest Ever, no DV, LVLG - sRSI@40, sml data, DSC RG - EFI +0 sml DSC
* 1w - RSI@43, hasn’t been this Low since Mar, lwr C DV 03Jan TCUP - sRSI@39, sml DSC RG LNS CNV - EFI -0 ASC - MacD - SD 29Nov on SL, LNS DSC PRT CNV, DCR RB
* 1d - RSI@ 52, BTM “V” 13Dec, upr C ONG DBL DV TCUP, lwr C DV 17Jan cont TUP - sRSI@46, LRG ASC GR - EFI +0 STR ASC since 07Jan - MacD - BD 16Jan BLW SL, sml LNS ASC, INC GB - MA - ABV 20ma, @ 50ma, W BLW 200ma - VOL - 3 nice GB
* 12h - RSI@60, upr ONG C DV TCUP, lwr cont UPTR - sRSI@76, XX 19Jan ASC GR - RFI +0 sml ASC - MacD - BD 11Jan BLW SL, LNS ASC to SL, INC GB
* PA - MSW inout RM since 03Dec, PRT B ABV RM & sml TL to sml SA @4.58
- PA BO new SA sitting on 20ma ASC
Jibersish right? Well long term RSI seemed to be levelling but the sRSI and EFI’s were somewhat inconclusive showing signs of an uptrend. Shorter time frames showing uptrendish indications.
As you see in the 30 min chart, PA ascended to a support area and bounced creating resistance support range which are indicated by the 2 small blue trend lines.
The Trade;
Having now identified a possible trade entry happening, to confirm the uptrend, I was waiting for the PA to touch the lower trend line as a retest and bounce up to and past the upper trend line. It did bounce off the lower trend line ascending as hoped, now just wait for it to break above upper trend line and we’re good to enter, but I have to go shopping. So I entered prior to my second confirmation.
Learn;
- Nothing in the indications could have predicted BTC’s drop so … it might have worked if bit didn’t ….
- Could have just waited till I return from errands and see if I have second confirmation.
- Could have set a market buy order at or just above the upper trend line and gone shopping.
- deeper - while BTC and the market are in a downtrend, looking for uptrend trades is a crap shoot
So there we have it. If you see anything I missed or have constructive input by all means add a comment. cheers
My thoughts, not advice Oklah. Cheers
THETAUSD WITH BIG OUTLOOK WEEKLYTHETA/USDT
Descending Triangle
In this pattern, have 2 probability this pattern not the continous but Billateral so the result is 2 condition.
So wee need the CONFIRMATION
We cant speculate for now
Because market very not good
Stay safe guys
Im sory late update, better wait and see, after BTC back normal
#tipsfortradingplanning
