Theta
THETA
THETA is bounced from the support of $4.15-$4.25 area. There is also a falling wedge is forming up. The resistance for THETA is $4.6 and $4.9 area. The major resistance is $5.20-$5.25 area. The next support for THETA is $3.85-$3.90 and major support is near $3.60-$3.65 area. We may see a bounce in THETA towards the $4.9 resistance area in coming days.
THETA TOKEN LOOKS EXTRemely BULLISHTHETA TOKEN: WEEKLY CHART-Theta has been super bullish for nearly 600 days, yes we
did see a long consolidation period, but its coming to a decision time on
the weekly chart. looking at the RSI, its about to break resistance and
remain bullish for a large move up. If history would repeat itself, look
at the projected numbers from a bars pattern perspective. Another note
is that THETA LABS is the only crypto that has the patents to expand
broadband internet. They have said to have nearly 100 patents in the
future. just looking at the chart and some fundamentals. not advice, just
charts here. If you look at what Solana has done, these #'s are possible.
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.912).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 5.138
TP2= @ 5.272
TP3= @ 5.424
TP4= @ 5.627
TP5= @ 5.947
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (4.912).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 5.138
TP2= @ 5.272
TP3= @ 5.424
TP4= @ 5.627
TP5= @ 5.947
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
THETA and TFUEL- Dead Or Alive?? Honestly, no opinion here!
I'm asking you: Dead or Alive?
' 'Next generation video and entertainment blockchain powered by you ''. ThetaFuel ranked #93 on Coinmarketcap with 1 Billion dollars...
2 different charts, 2 different views.
Maybe a short on Fuel and a Long on Theta will be my decision..
One Love,
the FXPROFESSOR
THETAUSDT - SETUPTHETAUSDT price successfully climbs up the strong resistance barrier and tries to do some consolidation above the support zone. Price also broke that trendline in a shorter timeframe. Now bulls show some resilience they can easily pull the price towards 6.0 which lies at the resistance zone. Good Luck!
Altcoin comparisons - In case of a correction Following my Wyckoff study two days ago, the potentials for a BTC "Spring" event to effect the Alts needed some consideration. In this study, I have four altcoins for review of their reaction in a BTC correction. I am looking at XPRT, THETA, ADA and DOT. Of all the coins, I find it most difficult seeing THETA making a lower low given it is so far below where I feel BTC will go (in percentage terms). However, anything might happen.
THETA/USDTHello Everyone,
You know about the future of WEB 3.0 is bright & this is the right time to invest in WEB3.0 Tokens. You should take benefit of this dump & accumulate your favorite coins/tokens for a good profit.
so here I have the best ever & strong web3.0 token for you. THETA is a WEB3.0 token that ranks in the top 50 of the Worldwide ranking & right now undervalued. currently laying ono strong demand zone. THETA is Always pumped from this zone & this time again moving up after retesting.
Conclusion:
Buy More & More THETA WEB3.0 & Say me Thank Later.
Good luck.
URGENT UPDATE: The Best Triangle in the WORLD - A $THETA storySince I first drew the triangle in early October of 2021, my email box has been deadened with fan mail. Legions around the globe have deemed this triangle to be the "best triangle in the world". I am not sure about that! But it sure is interesting. Here is an update with current price action. Notice how $THETA constantly respects this triangle that it has now broken from.
The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
So..where do we go from here? Time will tell... But we are now out of the triangle.
OP: The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
THETA BTC
if it breaks upwards we have officially had a test of the previous ath versus btc.
I keep an eye on green box. If there is a strong reaction in this zone, I open a lung.
Otherwise I'll wait for the rejection at the red box. wait for the switch from bear to bull on the lower timeframes.
Thats it trade safe champs.
Ps; for me it is a strong signal when I come across a morning doji at a support. It's really a strong forcast that bottom has been reached. see circles.
A good currency, Theta AND 175% Profit !A good currency, Theta
It has a good foundation, it is one of the infrastructures needed for the development of Metavers projects that have become very popular these days. (Certainly in 2022 we will hear more about Metawares, blockchain games and NFT).
As you can see in the chart:
- After a 371-day uptrend and 22968% growth, in the last 266 days, it is correcting 69% of its price.
Weekly time frame:
- According to the drawn symmetrical and fundamental triangles and the good market trend at the end of 2021, we can hope for price growth according to the yellow resistance lines drawn from 23% to 175%.
1. Do not forget capital management.
2. Do not forget to risk management to Reward.
Good Lock.