THETAUSDT trade ideas
Quickpost on ThetaTheta has finally broken its resistance and I see a lot of upside for the rest of the year, maybe into Q1 next year. I am looking to take profit at about $40 and if/when I see some consolidation patterns I will double up at major fib levels with some of the margin I create in the move.
Quick look at technicals
We are above the SMAs on this break out and the MACD is positive and above the signal line, and both are above zero. Also, the 9 seasons rainbow shows we have established a base and afterwards have established a clear uptrend.
On a higher time frame the volatility indicators suggest we are in a uptrend and we have broken above the 20SMA.
On the 4 hour we can see that the price action has retested the resistance line as support. It may need to retest further but the lower time frame volatility is likewise favoring a uptrend.
Trade Management
I am keeping my stop where it is for now until it seems that the chop around finding support on previous resistance is done then I will move my stop loos to guaranteed profit while I let this run. I do expect more chop around each fib level as we move up but I have a good entry for what I feel is a good RRR on a long shot.
Theta Looking good in long term Looking ForwardTheta Makin Symmetrical Triangle in weekly Chart Looking Good In Long run
THETA Head and Shoulders in completionHead and shoulders of a year and a half since the beginning of the trend
for now I stay long until 8.7 / 9, there I start sell
but a break of the neckline and then the key resistance of 10 would push Theta back towards its highs of 16
we are talking about 100% in 2-3 months
crab reversal scenariobullish crab harmonic:
X=$3.33
AB=0.61 XA
BC=$0.38 AB
1.6 BC=$1.2
2 BC=$1.84
2.24 BC=$2.4
2.6 BC=$3.66
3.6 BC=$11.14
1.6 XA=$55
bearish reversal crab harmonic:
Z=$11.14
3-4=0.61 Z-3
4-5=0.38 3-4
1.6 (Z-3)=1.6 4-3=$4
2 (4-3)=$2.1
2.24 (4-3)=$1.41
2.6 (4-3)=$0.75
3.6 (4-3)=$0.144
THETA pump? Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
NEXT TARGET THETAnew furmula for find target in long positions
i think this furmula work for any crypto.of course,only work in up trends and long positions.
i am working on completing this furmula, of course the target pointshave been found very well so far
this furmula is found with the following combination
ret+app+and fibo series
theta potential LTF paths to breaking outa few options for theta as we continue to knock on the door of breaking out of a several month long consolidation period
Hello Vietnam, the country that is leading in cryptocurrencyMaybe you don't know me and neither do I!
Follow along to learn about Elliott wave
Theta htf breakout incomingtheta gonna be printing. Overall trend is holding, with price currently hugging trend line. Easy long, tight stop loss. ya'll know.
theta THETA/USDTThis currency is in an important static and dynamic support range, which is supported in this range is expected to go from 9.30 to 9.97
THETA - Another LookTHETA has repeated a fractal pattern in the daily SMAs that occurred in April and May of 2021, with the 20MA crossing above the 50MA and then the 200MA. This study simply projects the price action from those respective crosses and layers them over the current chart structure.
Just a thought experiment looking into some possibilities. What do you think the possibilities are for THETA?
Theta Looking for a Rebound!!?Theta has been steady rising since the end of september but currently is feeling the heat like the majority of the market due to BTC slightly dropping! We are currently approaching a very heavy support zone and i think it is pretty likely that we get a bounce coming up soon, first we have the support coming from the midline on the bollinger bands, then we have uptrend support coming from the end of september, then support at 6.9$ (USD), likely support at 6.7$ but don't wanna cram the chart, we got the 0.2 FIB level (heavy) and finally very heavy support at 6.1$. So as you can tell we have a ton of big support zones coming up soon so there is a good chance we do see a rebound off one of them, of course though if BTC decided to spike down Theta would likely fall sharply aswell. The MACD isn't looking fantastic, we are seeing a bit of separation right off the bat with the orange MA starting to trail off from the Blue, we want to see the blue stick close to the orange and ultimately get that bullish cross, being too far spread out means it will take a ton more for us to actually get the bull cross, now the histogram is on its second red bar in a row and it has grown bigger from yesterdays and thats not a great sign it shows the bears momentum is increasing but ideally we want to see the bars flatten out and eventually shrink day to day all the way to the midline where we are going to then enter the green zone. Part of the reason i think we are due for a bounce is because on the RSI we also have very heavy support that we are actually currently rebounding off of, we are curling upwards off the first support line we have drawn and then even if we do see more downside we have strong uptrend support and then the midline just below that! Very good chance we see this rebound happen either now on the RSI or when we breakdown to the second and third support levels. The most important thing on the RSI is that we remain above the midline and don't fall below and get stuck underneath, this would put us in a confirmed downtrend and of course that would not be great so we must stay above this level and remain in an uptrend! Not financial advice just my opinion!
THETA GOING TO GO UP?Theta has been a slow mover all the time, however, seems like it is now getting ready a few more time on accumulation and it'll be pumpy soon!
krypto ueber wasser , bitcoin 144 altseason super 11.11 bitcoin , xrp theta, icon, hbar , trading wolfs the choosen one .
THETAUSDT long term upward trendHi everyone.
This crypto might reach amazing price in near future.
put it into your watchlist.
