TFUEL/USDT gaining momentum to the upside!Theta Fuel is picking up momentum to the upside after our Pro Oscillator generated a BUY signal on Aug 13th. Price pulled back after Aug 13th but now looks ready to run to the upside. If you are interested in accessing our Pro Oscillator please DM us for a link. Please DYOR!
Theta
THETA formed a bullish BAT for upto 100% moveHey dear friends, hope you are well, and welcome to the new update on Theta coin.
On the 2.day time frame chart, the price action has formed a big bullish BAT pattern.
Buy and sell targets:
Buy between: $5.26 to $4.60
Sell between: $6.84 to $9.22
Stop loss:
The maximum extent of potential reversal zone $4.60 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 100%, and the a loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
THETA with some more fuel to runTHETA looks ready to move up some more after the breakout of falling wedge (doted red line). Despite severe drop from +$14 to $3.6 its still trading above long term trendline.
First resistance is $9.6, followed by $14.3 and $21.4 which is my last target for now. Supports are $6.7 and $5.2. Any touch of red trendline is good buy.
THETA - Are You Ready?Hello everyone, if you like the idea, do not forget to support with a like and follow.
THETA is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: THETA formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, THETA would be overall bearish can still trade lower till the green support where we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🆓THETA (THETA) Aug-14 #THETA $THETATHETA is trying to conquer the $7.5 zone and if it succeeds, it will have strong bullish days to the $9 and $13 zones. But if it loses the $6.5 zone, it will correct to the $5.5 zone
📈BUY
🔴Buy : 6.35-6.65$. SL if B
🔴Buy : 7.3-7.7$ if A. SL if B
📉SELL
🔴Sell : 8.8-9.2$. SL if A
🔴Sell : 12.7-13.3$. SL if A
♻️BACK-UP
🔵Sell : 6.35-6.65$ if B. SL if A
🔵Buy : 5.35-5.65$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ALTCOIN REVIEW by Artem Shevelev — 12 August 2021Hey guys, in this review we will look in another important altcoins which extremely popular among crypto holders 👍
1. DOGE
2. THETA
3. HBAR
4. ADA
And lets start from DOGE coin
which is forming some interesting pattern, which I will cover more detailed in next reviews. Price located in between DMA100 and DMA200, still in bullish shape, but now price might wanna reach 0.5 Fib level at $0.34 - 0.35. From these levels I will expect pullback in bearish side.
Another altcoin for today is THETA token
It gave holders good profits on last move carrying almost x2 from last swing low. But now price seems like heading south again, facing resistance in the zone of $7.0 and downtrend as well as DMA 200 and DMA 100 death cross.
Take a look at flat-surfaced HBAR
It seems to me it is some kind of distribution going on, I've seen this manner last year and surprised by seeing it this year happening again. Looking south for this token on next period.
And last for today is ADA (cardano)
Have to admit, price of cardano made significant profits for holders, especially for long-term buyers who holding since 2020-lows.
Right now price stuck at 0.618 Fib zone from last ATH, and seems to me it is quite exhausted for another run upside. I bet on bearish outcome for mid-term, so for coins which left in portfolio I will try to fix in this zone to avoid unnecessary risks.
Thanks for your time, stay safe
Best regards
Artem Shevelev
Theta/BTC 💥🔥Theta has broken a 50-day downtrend and is ready to move higher. Its resistances and goals are plotted in the diagram. If the price stabilizes above the downtrend line, it is suitable for entry.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
Theta token analysis* Theta token in daily time frame forms a Descending triangle pattern, with the above trend-line working as the resistance for the price and it's major support near $3.500.
* Currently the price is in a tight consolidation between, a Horizontal line as a support near $5.500 and the above trend-line.
* If the price breaks the above trend line we can expect a bullish move till TP1 = $7.200, TP2 = $8.600
* And if it breaks the $5.500 level it will back to it's major support.
THETA Retests 2 Month Trend, Will Bulls Take It Past $8.00?-Theta has risen 25% the last week
-Price just confirmed a 2 month long downtrend
-100MA is now holding as support
Theta had an astonishing run the last year as prices rose 1000s of percent. The use case for THETA around decentralized media is one of great utility & investors has shown their interest in it. Once a few more resistances clear, THETA will likely show immense bullish strength back to previous levels. The majority of crypto assets have broken their downtrends fully & have been reviving strongly to previous levels of May. Soon enough, this should be the case for THETA.
While looking at the last week of trading, we can see how price has fully broken a downtrend line that was holding price down ever since ATH was set. Just over the past day, price has came down to retest this as support. This is a very bullish scenario & may very likely have set the stage for THETA to reach $8.00+. Bulls have been having trouble at the major resistance zone of $6.84-$7.29 over the last few days. THETA must break & hold this resistance for the targets to be reached.
The 100MA was a barrier for over a month as bears continuously rejected price from holding it. THETA has now been holding above this MA , which shows the trend is now up. Earlier today, THETA held the major support of $6.31 very well. Along with this major support lies a trend line that price has been holding ever since the low was recorded in July. As long as bulls continue holding above this trend, price should push to the targets that are shown. In the event these two marks break, THETA will find support at $5.70.
While looking at the Stochastic RSI, we can see how it just managed to break back above the 50 value. This is a great sign but it must continue its way to the overbought region above 80 to really experience a large bullish push. The MACD has been hanging out above the 0 value for nearly 2 weeks. This is a bullish sign along with the fact that the histogram is about to tick green for the first time in 2 days.
THETA Intraday Analysis
Spot rate: $6.82
Trend: Bullish
Volatility: High
Support: $6.31
Resistance: $6.84
💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.425).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 7.528
TP2= @ 8.538
TP3= @ 10.099
TP4= @ 11.338
TP5= @ 13.195
SL= Break below S2
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