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Theta

THETA long, but be careful - New AlgorithmThe algorithm suggests that THETA's price is currently unstable and that it has potential for even further growth. If you are looking for a medium-term investment, go for it, but if you want to grab some juicy profit and run away you must consider that it will likely fall below $8 once again to stabilize before consolidating to $8.3 for some time. So wait for a good entry point (personally, I'll be waiting for the price to drop to 7.75 before I set another buy order) and then enjoy the ride to a tasty profit. I'll be using permanent futures once again, yet again with leverage 3, but I will only invest half of my destined capital as the price reaches $7.7, given that there is also the possibility for it to fall once again and I may get to enter at a better price. Remember: only buy THETA is the price drops a little, as the market is currently bullish but unstable, and might turn upside down at a moment's notice. I'll post an update as soon as the situation changes. Comment below if you found this information useful, and I'll post more.
Long
by Estagon
10
Theta Network (THETA) - September 6Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (THETAUSD 1W Chart) The support section is not properly formed. However, if the price is maintained above the 1.9172981-2.9437615 range, it is expected to continue the upward trend. (1D chart) If the price is maintained in the range of 6.4637041-8.6007292, the uptrend is expected to continue. The 8.6007292-9.6692416 section is resistance and we need to see if we can break through it upwards. To accelerate the uptrend, it needs to rise above the 9.6692416 point. If it falls from the 2.9437615 point, you need a Stop Loss to preserve your profit. ------------------------------------- (THETABTC 1W chart) The support section is not properly formed. However, if the price is maintained above the 7530 Satoshi point, it is expected that the upward trend will continue. (1D chart) You need to check if you can get support by ascending to the 16140 Satoshi-18030 Satoshi section. If the price is maintained in the 12370 satoshi-16140 satoshi range, it is expected to turn into an upward trend. However, in order to continue the upward trend, it must rise above the 18030 Satoshi point. If it falls from the 12370 Satoshi point, Stop Loss is required to preserve profit and loss. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:THETAUSD
by readCrypto
THETA possible long - New algorithmThe market is currently bearish, but THETA is looking for the right moment to turn the tendency upside down. The algorithm suggests an upcoming +7%~+14%, consolidating the price above USD 8. Look for your entry point and open a long position, being aware that you might need to wait a couple of days for the prediction to take effect. Personally, I opened a position at 7.6825 (a silly mistake of mine, the algorithm is not to blame), but I am not too concerned. My estimate is that in 48h at most, I'll see a juicy +24% (leverage 3, permanent futures). If you found this information useful, let me know and I'll post more.
Long
by Estagon
6
THETA - Continuation pattern to the upside!Hey everyone, Today, I'll be introducing Theta with a fundamental and technical analysis! Theta is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch! Fundamentally, I believe that it is time for Theta to fly. Two huge events are coming with Theta: V2 Edge Streaming DApp and V2Smart Contract Platform by the end of September. Technically, I believe we are seeing a continuation pattern to the upside. This argument is also supported by a convergence of the MAs and a bullish tendency in the MACD. This is also supported with an ABCD pattern. Currently, we're in the C phase to reach point D. For targets, I aim for the 0.5 fibonacci level and 0.618. This prices are approximately 10$ and 12$ respectively.
Long
by aloo2k
THETA - potential trade 🤑🤑Many altcoins are now showing patterns to buy. The Theta chart shows one such pattern. A falling wedge will in most cases break upwards. If the price breaks through and tests the upper limit of the wedge as support, it could be a good buying opportunity. 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
2
THETA/USDT Can Go Both ways but bears are stronger!Hi every one THETA TOKEN / TETHERUS THETA/USDT is in an ascending channel. the Price has a chance to Remain in the Channel but there is also a Regular Bearish Divergence (-RD) on RSI which suggests a Great Bearish Movement! But we can not be sure until we see a Break out happens! The Price must break the Channel downwardly for confirmation of a Big bearish Movement! summery: -THETA is in an ascending channel -while THETA has a chance to stay in the channel, The (-RD) on RSI Suggests a Big Bearish Movement. -We must wait for break out to be sure. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
18
THETA IS REVVING UPAn important trend line was recently broken, only to confirm that the plunge is over. As you can see there are two important levels that are designated in red. If THETA manages to flip the first resistance zone into support, the commencement of an uptrend in my opinion is confirmed. Volume is strong, and MACD is showing a divergent sign. RSI has room to grow to confirm a catapult above the resistance zone. I am on the lookout to open a trade on the retest of the resistance zone turned support to open a trade with a good R/R. This trade could procure a profit to the tune of 80%. With proper risk management, this trade could turn out to be life-changing, IMO.
Long
by Djawad_Afsharirad