THETAUSDT trade ideas
THETAUSDT - your turn to break it out?BYBIT:THETAUSDT
1H trend chart
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THETA is going to take out its downtrend line on 1H
If price can break it out without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 5.236----Fib(1)
b) 5.531~5.650----Fib(1.272~1.382)
c) 5.905----Fib(1.618)
d) 6.349----Fib(2)
Stop losses:
a) 4.660-----Red horizontal ray
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THETA - Watch These Levels...At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon.
We have 2 key areas which we are looking at.
First area: $3.60
We have the recent lows and the 78.6 fibonacci
Second area: $2 to $2.60
In this area we have the correction support.
Trade idea:
- watch for bullish price action at either of these 2 levels
- enter with stops below the reversal area
- Target $16 as first target and $20 for second target.
Please make sure to use alerts so that you can monitor when its close to reversal!
Goodluck.
Theta UsdtTheta Usdt
Theta network is a decentralized video streaming network that is powered by blockchain technology. Theta allows users to watch video content and get rewarded with tokens as they share their internet bandwidth and computing resources on a peer-to-peer (P2P) basis. Besides a line-up of institutional investors like Node Capital and DHVC, Theta Network is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
Current Price : $4.853755
MARKET CAP (USD): $4,853,754,575
CIRCULATING SUPPLY : 1,000,000,000
1st Buying price: 4.55$
2nd Buying Price: 4.33$
3rd Entery and DCA in case of dip: 3.5$ to 3.8$
On 4Hr time frame
Sell Target:
1: 5.2$
2: 5.5$
On daily Time frame
1: 6$
2: 7$
3: 8 and 10$
If accending traingle break out confirme and retest succefullly we will see more pump. Upto 15$
Always buy and sell in parts.
$ hr time frame for short term trader. Daily time frame for mid term
Thanks
Crypto Scool
THETA scenarios 30th of November 2021Hi guys,
THETA has been consolidating for a couple of months now. I expect a bullish move to happen soon. Some big news are about to hit in the first quarter of 2022.
Bull : after breakout from the triangle at over 8$, first target 11.4$
Bear : breakdown under 5.80$, target at around 3.50$
Not financial advice, for educational purposes only.
THETAUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 8 - 10 - 11
after first target reached move ur stop to breakeven
stop: under 4.7 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
risk is justified
Good luck everyone!
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It's not financial advice.
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Theta UpdateAll levels of support and resistance in the old Theta analysis are on my page and you can see how accurate the chart worked according to my analysis ...
The $ 3.5 support area performed well and prevented further falls
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$Theta- Its Having It so BadLike Cake, BTT, Theta is also still Stucked in April, May and July ( And i am and still long on 3 of them, reason i can easily spot this)
If there is one thing like crypto PTSD, this is it.. There are other coins and tokens like that as well..
I know that Luna, Atom and Avax had it so bad around same time but these guys has moved way on...
THETAUSDT is creating a triangle THETAUSDT is creating a triangle on the daily timeframe.
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.