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Theta Token / TetherUS

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THETAUSDT trade ideas

THETAUSDT , Descending Triangle , Possible breakout?Hello Traders :) - Please push the like button if you like the content or drop a comment to share your idea! Theta will thrive in 2022? - THETAUSDT bounced off the Strong support on 3.5$-3.8$ on Jan. 11, indicating that bulls are accumulating on dips. The Stochastic has formed a positive divergence, suggesting that the selling pressure could be reducing and buy pressure would rise. - looking on our 1D time frame chart if bulls drive the price above the 20-day EMA 4.40$ ( purple resistance ), the pair could rise up from the downtrend line. This level may act as a stiff resistance, but if bulls overcome it THETA could rally to 5.94$( 200-day EMA /Strong Resistance ). A breakout and close above this level could complete a double bottom pattern in the short term. This setup has a pattern target at 8.00$. -Conversely, if the price turns down from the 20-day EMA or the downtrend line, it will suggest that sentiment remains negative and traders are selling on every short rallies. The bears will then attempt to pull and sustain the pair below the $3.85 to $3.50 support zone. If they succeed, it will signal the start of the next leg of the downtrend. Fundamental analysis : - Speaking from Fundamental side Theta is looking with the recent news and updates : 1- ThetaDrop launches on February 1 2022 2- Staking access improves 3- Blockchain gaming and video streaming into bigger growth ( big-name partnerships and integrations) Good Luck Traders!
Long
by Johnny_a88
THETA, the price is already near this resistance. THETA is in a trading range between the $5.2 and $3.6 levels. In addition, the price has already approached the trend line and the middle of the range. These are strong resistance levels and if they are overcome, price is likely to head towards the upper end of the range. A breakout of the resistance could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5
THETAOur bot just sent a $THETA signal. That's the second time it sends a THETA signal over the last week. That's a sign of strength! THETA looks at long term support which is holding strongly so far. It has also good upside potential with a first TP at 10% and another around 40%! MACD also turned bullish today on the daily, RSI is looking good and the daily volume is pretty high! Entry1: Between $3.828 to $4 (you can place a limit order) Entry2 : Buy the pullback on the 1H TF. SL : $3.7 TPs: $4.57, $5.73, $6.3
Long
by CryptoKoryoDefi
THETA's Future bullish Movement Explained.Hi every one THETA TOKEN / TETHERUS we Want To Review Theta To See what is going To happen to it. The Resistance & Support zones are Shown in The Picture. If we consider The Support & Resistance , and make a Parallel Channel out of It, we can Understand That The Price is at the bottom of The Channel & Is ready to ascend Further because There are Regular Bullish Divergence (+RD) On Both MACD & RSI so we can Expect a Good Bullish Movement From Here. another Thing is That if This Expected Bullish Movement Happens, We can See Formation of a Double bottom Pattern is More Likely to happen, which Double Bottom Pattern will also Help The Bullish Situation to Reach the Top of The Parallel Channel. 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
Long
by CobraVanguard
5
THETA angling for successTHETA has been holding its support on the 3D timeframe since February 2021 and even with BTC’s recent downtrend, it has been able to (just about) keep above the ascending support (black line). With BTC finding local support, many alts have begun to push back up into previous channels and I believe THETA may also push toward the upper line in the long-term. I have marked the potential points of resistance (red lines) on its journey toward the upper trendline. If BTC has another sharp drop in the short-term, THETA will most likely head toward its support at ~3.19 (green line) which will be a 20% fall from current prices (~4.22). With the current market conditions, I have found that trading with tighter TP targets has proved well. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Long
by kush23456