Thetausdt
THETA - POTENTIAL GEM WITH BIG GAINS!Hey everyone. THETA is a coin I've researched a little although I'd like to research more. So far I'm very interested and I know there is a strong community here of supporters.
This chart is not intended to be as accurate as the others I usually post BUT what I do see here is BIG TIME POTENTIAL! It looks like it's on the verge of a breakout right now with potential to complete a giant Inverse Head & Shoulders pattern along the way.
The MACD is right in the sweet spot on the 4HR, DAILY, AND EVEN THE WEEKLY. If THETA can break upwards past the green resistance area then the MACD will be more confirmed because right now it's turning up just above the 0 line which is usually very good AS LONG AS THE UPWARDS MOMENTUM continues and BULLS CAN REALLY GET A HOLD here.
Like I said, I don't have as much confirmed information as I'd like to have right now but as the chart progresses, more data will become available to analyze. The MACD looks promising though, combined with the current bullish market.
ITS DEFINITELY ONE TO KEEP AN EYE ON and you can decide for yourself whether to buy and where to buy in. I put a couple ideas on the chart. Hopefully this green resistance gets broken here in the short term and then the situation will look much better and I will have more confidence in it playing out.
What do you guys think?
I'll have some more charts up in a bit. Its the weekend so I DON'T EXPECT BTC to do much besides sideways action, HOWEVER we are overdue for one of those ODD weekends where it happens and creates a CME gap... that's another story
Anyways, hope you like it. Take care.
THETA: Waking upSeems that THETA finally decided to stop being a stable coin around the 6/7$ mark and made some kind of move upwards.
If we close above the grey trend line and the $8 mark i bet this is going to teleport to $9.5, i’ll book some profit here since $10 is also a psychological level.
Good luck!
THETA/USDT TRADE SETUP! 30% PROFIT EXPECTED!Hello everyone, if you like the idea, do not forget to support with a like and follow.
THETA looks promising here. It break out from the ascending triangle. Also, there is a strong 50D MA support around $6.50 so buy some now and add more in dips.
Entry range:- $6.5-$6.9
Target1:- $7.22
Target2:- $7.78
Target3:- $8.42
Target4:- $8.98
SL:- $6.22
You can buy it on spot and hold or use low leverage 3x-5x.
If you like this idea then do appreciate it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
Theta near it's resistance, what can we expect ?* Theta is in tight consolidation of Symmetrical triangle, where the above Descending trendline is working as resistance and the below ascending trendline working as support for the price.
* Currently theta is trading around it's resistance. We can expect a huge bull rally it is breaks the above trendline.
* The price may even drop till the below support and bounce back to break the resistance.
THETA idea. Nice bet imoHi people,
Here i'm dropping a quick trade set up that caught my eye. In my opinion, I think we could see a nice rally up to of $15 at least... We'll see though.
Do you agree? Let me know what do you think.
TP 1 = $11.233
TP 2 = $14.46
TP 3 = $15.85
Entry Price = Around $7.00
Stop Loss = $5.87
THETA - Watch These Fib Levels 🤓Theta has been respecting the fibonacci levels really well for the past 6 months.
We can see an impulse down and then a clear correction which then rejects off one of the fibonacci levels.
We are now in an ascending ABC correction and testing the 50 fibonacci. We may fall from here or we might just push up a little more to hit the 61.8 fibonacci before dropping.
Targetting the recent lows of 3.500.
Theta must fly on the next few weeksHere we can see tha we are stuck in the poc with low volume and many uncertanty because of 6 months o lateralization. On chart we can easily spot a huge and beautiful triangule that if it breaks out it will probably go to Ath. My actual target is at least 0.78 in fib extensison taking Theta to 14.37 usdt.
THETAUSDT Update⏳ Spot
💎 THETAUSDT has been moving along the Ascending channel. As we see the large green candle indicates that the bulls are in control now and we expect a bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 6.250
☕️ TP1 7.540
🍺 TP2 8.550
🍻 TP3 12.380
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 5.520
Good Luck 🎲
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💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.258).
. 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 67.
Take Profits:
TP1= @ 6.791
TP2= @ 7.028
TP3= @ 7.437
TP4= @ 8.141
TP5= @ 9.543
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.258).
. 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 67.
Take Profits:
TP1= @ 6.791
TP2= @ 7.028
TP3= @ 7.437
TP4= @ 8.141
TP5= @ 9.543
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 forming H/S structureTheta forming head and shoulder structure + there are multiple pivot high which is the sign of liquidity for market makers and big guys.
Above each high is stoploss so price can shoot through these highs.
Stop bellow impulse candle and tp at least 1:1 , 1:1,5 and trailing...
Good luck
THEATUSDT : Are you ready to be H&S pattern ?
Finally ,it broke out the short term downtrend and the short term TP1 is 7.0135
If it can break out the neckline ,trading strategy as below
TP2:7.653
TP3:7.912
TP4:8.190
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.