Get started

Theta Token / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

THETAUSDT trade ideas

THETA/USDT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: The weekly chart for THETA/USDT showcases the continuation of a downtrend, with a significant support level at $1 and a lower support at $0.576. The current price is facing the 50 EMA resistance, and the action indicates that THETA will test the support trendline and then rebound. THETA must break above the resistance trendline at $2.5 to continue a higher rally targeting the all-time high level. Key Observations: - Primary Support: $1. - Lower Support: $0.576. - Primary Resistance: 50 EMA ($1.612). - Higher Resistance: $2.5. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
THETA — Volume Needed To Tackle Upcoming Resistances (And PropelFind out everything about THETA's latest performance, possible trade setups, and crucial levels to watch! Like many other tokens, THETA found its local bottom between $1.20 and $1.25 and bounced nicely from it. However, despite the recent positive performance, I don't consider THETA an asset to trade yet. Here are three things that have to happen before an entry makes sense. Continuing Downtrend THETA is still trapped in its downtrend that started in March 2024. All attempts to break out have been unsuccessful so far. Just yesterday, THETA made a fresh attempt that was rejected immediately. As long as THETA trades below this trendline, I don't consider a long entry. EMA200 As Additional Resistance At the same time, THETA trades below the EMA200. If you follow my content, you already know I consider this indicator crucial. It can be overruled by bullish momentum, but I don't see this in terms of THETA yet. Resistance Zone At $1.80 - $1.85 Once THETA breaks out of the downtrend and jumps above the EMA200, it faces a significant resistance zone immediately before it gets some room to breathe. Technical Indicators THETA shows a mixed bag of technical indicators. However, since many momentum indicators show oversold signals due to the recent price increase, one can doubt that the abovementioned resistance will be immediately smashed. Trade Signals On higher timeframes, THETA has no valid trade signals (neither bullish nor bearish). On lower timeframes (4H, 1H), THETA printed some bearish signals. However, I wouldn't overestimate these signals. What-If! Given that THETA manages to 1) break out of the downtrend, 2) jumps above the EMA200, and 3) smashes the resistance (optimally second by some bullish trade signals) I will consider a long trade. Since the next more significant resistance sits at $2.50, the trade's first profit target would have a potential of 30%. The Challenge As promising and intriguing as the above What-If scenario sounds, I see one major hurdle: volume. THETA's trade volume has been constantly decreasing since the spike in March. Even during times when the market saw considerable pumps, THETA's volume remained at a low level. In order to tackle the above resistances, THETA requires a volume push more than anything else. BINANCE:THETAUSDT
by ben_walther
THETA/USDT - JUNE 2024The market correction presents an opportunity as panic selling begins. We've been patiently waiting for the right moment to buy, and now it's here! If you saw my last chart on THETA, you know we successfully closed with around a 140% profit earlier this year. THETA is back on my watchlist, returning to the breakout level of our last trade. It looks like the perfect time to prepare for the next big move. This is a mid-term trade, focused solely on the SPOT market. While there may be some volatility, I believe holding altcoins in SPOT is relatively safe. Many will miss out on these opportunities as they get liquidated on their leverage trades. Let's seize the chance while we can! ------------------------------- It's crucial to manage your funds wisely. If the market loses the main support area mostly on weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts—temporary drops that regain support—providing opportunities to re-enter the market. Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses. Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits. Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities. Happy trading!
Long
by Seahawks_
Is THETA Gearing Up for a Major Breakout or Further Downfall? Yello, Paradisers! Have you been keeping an eye on #THETA? The asset is reaching toward a crucial moment and can be a golden opportunity: 💎#ThetaNetwork has been trading within a descending channel on a daily timeframe, consistently respecting the trendlines. We anticipate a significant breakout due to the recent push #THETA received from a successful retest of the channel's lower support. 💎A potential retest of the Bullish Order Block (OB) at $1.34 could be pivotal if the price is rejected by the upper trendline of the channel. This area is packed with liquidity and could propel MYX:THETA towards a breakout. 💎If #THETA can break above the descending resistance, supported by the liquidity at $1.34, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook. 💎Should the current resistance hold, we might see a retest of the support level at $1.14. This could provide the necessary rally for a breakout. Watch for signs of strong buying interest at this level as an indicator of a potential upward move. 💎If both support levels fail, #ThetaNetwork could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move. Stay disciplined, Paradisers, and watch these key levels for a profitable trading journey. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Thetausdt trading opportunityThe THETAUSDT trading pair is demonstrating a 'Round Bottom' corrective formation following the completion of a five-wave decline, as per Elliott Wave Theory. Anticipation for a continued uptrend is warranted, and attention should be directed towards the buy back zone as a potential entry point for long positions. The profit-taking levels have been specified on the provided chart. The price has shown a notable reaction to the proximate internal demand zone, which currently serves as a robust support level. We value your interaction with our analysis; please share your thoughts on our chart and express your support with likes. Thank you.
Long
by weslad
9
THETA: Falling WedgeTrade setup : Price is in a downtrend, trading below 200-day moving average (~$1.87). However, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for a breakout, above $1.80 level and 200-day MA to resume an Uptrend, with +40% upside potential to $2.50. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.95. Nearest Resistance Zone is $1.90, then $2.50.
Long
by altFINS
Detailed THETA Technical Analysis : Identifying Key Breakout andThe price of THETA is currently trading at $1.525. After rejection from the trend line and resistance level at $2.502 the falls at monthly support zone (Green) at $1.338 - $1.434 and now trying to bounce from here. The price is trading under the trend line (Red) for approximately 102 days. The chart shows a bearish trend, as the price under EMA 200 (Black) is also showing a bearish trend. Key Zones and Levels 1. Upper Weekly Zone (Blue): $3.820 - $4.065 This area represents a significant resistance level. Historical price action shows this zone has been tested but not breached, indicating strong selling pressure around these levels. 2. Middle Weekly Zone(Yellow): $1.705 - $1.918 A crucial resistance zone that aligns with a descending trend line. This area has seen multiple tests but has failed to hold as support, highlighting its importance in the current bearish trend. 3. Monthly Support Zone(Green): $1.338 - $1.918 Currently acting as a support level, this zone has recently seen a price bounce, indicating strong buying interest. Holding above this level is key for any bullish momentum. 4. Lower Weekly Zone(Pink): $0.860 - $0.956 This is a major support zone that has been tested multiple times previously, as a potential lower boundary if the price continues its downward trend. 5. Descending Trend Line (Red) The chart clearly illustrates a descending trend line from mid-April to the current date. This line shows the market's bearish sentiment as THETA consistently makes lower highs. 6. 2 Resistance Levels $3.106 and $2.502 These 2 resistance levels acted very strongly as the price was rejected multiple times from these levels.  7. Support Level $1.142 Historically this level was tested multiple times and acted as a strong support and resistance level. Price Action Current Price: $1.525 The price is trading just above the monthly support zone ($1.434 to $1.338). A recent bounce from this zone suggests some bullish sentiment at this level. Volume: 1.179M An increase in volume can indicate a potential reversal or continuation of the current trend. Monitoring volume alongside price action can provide more insights. Potential Scenarios There are 2 scenarios Bullish Scenario: If THETA flips the weekly zone (Yellow) at $1.705 to $1.918 and breaks the descending trend line we could see a massive price pump. Sustained bullish momentum could push the price towards the upper weekly zone (Blue) at $3.820 to $4.065. Bearish Scenario: Failing to maintain above the monthly support zone(Yellow) could see the price drop to $1.142. A further breakdown may lead to testing the lower weekly zone (Pink) at $0.860 to $0.956. Technical Indicators Based on technical indicators on a daily time frame The relative Strength Index (RSI) value is at 32.918 (Neutral) Momentum is at -0.289 signaling a (Buy) MACD Level (12, 26) is at -0.183 signaling (Sell) Exponential Moving Average (50): 1.992 (Sell) Exponential Moving Average (100): 2.050 (Sell) Simple Moving Average (100): 2.322 (Sell) Exponential Moving Average (200): 1.860 (Sell) Ichimoku Base Line (9, 26, 52, 26): 1.869 (Neutral) Volume Weighted Moving Average (20): 1.798 (Sell) Hull Moving Average (9): 1.432 (Buyl) Interpretation Theta Token (THETA/USDT) is currently experiencing strong bearish momentum. While some oscillators suggest potential oversold conditions, the overall sentiment remains bearish with strong sell signals from moving averages. Traders should remain cautious and look for confirmation of trend reversals before making significant buy decisions. Conclusion Theta Token is at a pivotal point. The market is showing signs of potential reversal, but maintaining current support levels is crucial. Traders should watch for breakouts above the descending trend line and increased volume to confirm any bullish momentum
Long
by TheCryptoCity
6
THETA BOUNCES FROM SUPPORTThis looks almost exactly like the NEAR chart that I shared yesterday - bouncing from a key support when there was peak bearishness, with RSI hitting oversold on the daily for the first time in ages. These could just be reactionary bounces, so if you are actively trading be very careful. I would not be surprised to see a lower low hit on price, causing bullish divergence on RSI. That would be sweet. But for now, we have nice reactions across the board.
Long
by ScottMelker
THETAUSDT Will It Rebound or Dive Further?Yello, Paradisers! Are we on the brink of a #THETAUSDT rebound, or are darker days ahead? Let’s dive into the latest analysis to find out! 💎Currently, #THETA is hovering around the support zone. We might see a rebound here, which could test the supply area at $1.72. For confirmation of this probability upward move, we need a breakout above this supply area. If this happens, we could see a strong bullish momentum as THETA breaks the descending resistance, aiming for our target resistance level. 💎However, if THETA fails to rebound and breaks below the support zone, this could spell trouble. In this scenario, we might see the price drop further, probability hitting the Bullish OB area around $1.66. 💎If THETA makes a bullish rejection at the OB area, this could be a good sign. The best confirmation would be for THETA to reclaim the support area, indicating a potential upward movement. 💎If the price fails to rebound from the OB and breaks below it, this invalidates the bullish scenario and suggests a deeper decline. To make it far in your crypto trading journey, consistency and patience are key. Discipline, patience, and robust strategies are your tickets to long-term success in this market. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
THETA is bearishBefore anything, pay attention to the time frame of this analysis. The time frame is daily. The THETA structure is completely bearish. Below the candles we have liquidity pool and liquidity void. The main support is the range that I named demand. By maintaining the supply, it can move towards the targets Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
1
THETA on the Move: Critical Levels and Potential Breakouts🔍THETA (Theta Token) is showing significant activity. Here's a comprehensive analysis to guide your trading decisions. 📆Coin of the Day: THETA (Theta Token) About the Project: Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta aims to reduce costs and improve streaming quality by leveraging its native cryptocurrency, THETA, for incentivizing participants. 🧩Technical Analysis 1-Day Timeframe This analysis focuses on longer-term trends, highlighting critical levels and scenarios. 📉Support and Resistance: Key Supports: 1.916 (0.5 Fibonacci level) - a crucial support level overlapping with a significant resistance point. 1.417 Key Resistances: 2.244 (risky trigger for buying) 2.508 (more secure trigger for buying) 3.464 📈Bullish Scenario: Trend Line Breakout: THETA needs to break above the descending trend line and hold above 2.244 for a potential upward move. Targets: Key levels to watch are 2.508 and 3.464. 📉Bearish Scenario: Break Below Key Support: If THETA fails to hold above 1.916, it could indicate further downside. Targets: The next support levels are at 1.417, with a potential further drop if this level is breached. 📊Volume and RSI: Volume Analysis: Current volume is decreasing, which might indicate a reduction in momentum in the current trend direction. RSI Analysis: Current RSI: 39.54 RSI Support: 35.73 RSI Resistance: 50.00 💡Key Triggers: For Long Positions: Entry Trigger: Break and close above 2.244 (risky) or 2.508 (more secure). Strategy: Open a position on the hold of this level, targeting 2.508 and 3.464. Use tight stop-loss orders to manage risk. For Short Positions: Entry Trigger: Break and retest below 1.916, especially if RSI breaks below 35.73. Strategy: Open a position if the price confirms a break below this level, targeting 1.417. Adjust stop-loss orders accordingly. 👨‍💻Trading Positions Long Position Entry Trigger: Hold above 2.244 with confirmation from RSI and volume. Strategy: Open a position on the hold of this level, targeting 2.508 and 3.464. Use tight stop-loss orders to manage risk. Short Position Entry Trigger: Break and retest below 1.916. Strategy: Open a position if the price confirms a break below this level, targeting 1.417. Adjust stop-loss orders accordingly. 📝THETA is at a crucial juncture, hovering around key support and resistance levels. Traders should monitor these levels and volume to determine potential entries and exits. RSI and volume trends will provide additional insights into momentum shifts. 🧠💼Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
Long signal for THETA/USDTThis technical analysis is based on the daily chart of THETA/USDT on the Binance exchange. This analysis draws two price channels and evaluates support and resistance levels. Price Channel Analysis: The previous bearish channel is broken out, and a bullish channel is formed. The suggested entry point is around 2.192 USDT. Entry and Exit Points: Entry: 2.192 USDT Take Profit: 3.043 USDT (38.87%) Stop Loss: 1.995 USDT (9.00%) R/R Ratio: 4.32 Conclusion: This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 4.32, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Long
by QuantCT
2
THETAUSDT.PHello Trader BINANCE:THETAUSDT.P Rep bounce, the small support area has been touched 3 times, it is still possible to be bullish. For the RR area, stop loss and take profit are still 1:1  It is not recommended for futures, if you really want to enter futures, the maximum leverage is to use only 2-5% rentry area : market price - 2.1142 take profit 44% stop loss 10% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Long
by mfiqrihanafi
2