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Theta Token / TetherUS

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THETAUSDT trade ideas

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!
Long
by JacobR905
1
THETAUSDT Technical Analysis⏳ Spot 💎 THETAUSDT has formed a triangle, It has got rejected from the top of the triangle. So after the Pullback it can break above the triangle and continues the Pullback 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry Now or From 7.513 to 8.107 ☕️ TP1 8.647 🍺 TP2 9.369 🍻 TP3 10.464 🍾 TP4 11.778 🍷 TP5 13.000 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 6.800 to 7.513 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
THETA - is going to skyrocket 🚀🚀On the THETA chart, it is worth highlighting the trend line, which acted as resistance. This resistance line is now strong support after it has been broken. Locally, the formation of a symmetrical triangle is worth highlighting. The price broke through the upper boundary of the triangle and according to the rules the target for the breakout is 26%, just the first area of profit-taking. There could be a good buying opportunity in case of a retest of the trend line. 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
4
THETA LIVE ANALYSES! Going exactly as planned...Here's the live THETA analyses on your requests guys! Theta is still looking bullish but we'll need some rest and a few more corrections before the next leg up. We're amazingly 25% up on our last Theta trade that was posted on OCT 23rd. Theta is still following my idea but it is possible that we go for a little bit of correction and retest the 200EMA on 4hr and daily. Theta can be bought again if we go below $7, dips are for buying as long as we're holding the uptrend :-) If you've liked the idea please give a like!
by TychonTrades