Thetausdt
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for THETAUSDT
In this chart we have R3 and R1 as the resistance areas that include the unsuccessful attempts of the price to rise. R2 used to be a support area. And S1 and S2 are our support areas which contain the well support of price since the past. At the moment, we have the fluctuation of price below R1 and we predict the price to continue its rising trend upward and by a rejection and decline to lower amounts, again it experiences another increase to reach R2. Even there is a possibility that the price is not supported at R1 or it will fall below S1 and face more decline in the coming days. It is highly recommended to activate your stop-loss points due the unstable situation of the market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Theta coin formed bullish BAT for upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of Theta coin with BTC pair.
Previously I shared a long-term trade setup for THETA, which is still in play as below:
Now on a daily time frame, THETA has formed a bullish BAT pattern.
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
ARE YOU READY FOR THETA MAINNET 4.0#THETA is going to launch their mainnet 4.0 - THETA Metachain with SDK for developers.
What we expect?
A pump breaks 0.944.
Why 0.944?
It's #ICT - #FVG high.
It's also previous (broken) equal highs.
Targets: 1.031 and 1.115
Stoploss: 0.894
Trade is invalid if price move below previous low which confirms Market Maker Sell Model by ICT
There is a possibility of retesting the resistance!THETA had a range trend during the last week. After the selling pressure, the price of THETA broke the support of the $1 range and pulled back to this resistance, and is still decreasing and moving towards the lower support intended for it. The support is located between $0.765 to $0.590, and if the price hits this area, it can bring a positive reaction. In the daily time frame, we see a correction wave with 38% correction, which considering the price reaction to this range, we can still consider the power of sellers to be higher. Therefore, the minimum we expect is a retest of the previous support level in the range of $0.85.
Also, we can see a range trend in the 4-hour time frame. Before the price continues to fall, there is a possibility of retesting the resistance in the range of $0.95 to $1. Because in the 1-hour time frame, the ascending trend line has broken down, and in the event of divergence, the probability of falling to the supports increases. The additional point is that the current resistance that the price reacted to in the last candles also overlaps with the midline of the descending channel and has great power to push the price back toward the supports.
Theta Network RiskWe read charts and we read signals.
We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains.
When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great.
Look at Theta Network (THETAUSDT) now, bottomed out.
If one is smart and do decide to buy after doing their research, the stop-loss can be at tight, at 10-20%...
And if you get it right and the market turns...
You can be looking at 40%, 60%, 90%, 150%, 200% or more on the way up.
That's the beauty of trading cryptocurrency or anything for that matter.
We have a maximum risk of 100%.
But the potential profits have no limits... And we know that crypto grows 10, 20, 30x on bullish cycles. A few Xs in every bullish wave.
Of course, there is no need to risk 100% ever.
A tight stop-loss as mentioned before, limits your risk to 10-20%.
So you only need to plan, win a few ones and many can go wrong and you still win in the end.
We have to be smart though...
We have 4 daily candles closing green.
The trading volume is still low, nothing is yet confirmed.
But after a lower low, short and long-term, with bear volume going lower and lower... We know for sure that soon the market will turn.
How you approach it is your own choice.
I am just sharing my thoughts.
This is not financial advice.
Thank you for reading my friend.
Happy weekend.
Happy holidays.
Thanksgiving, all that stuff.
I love you.
Namaste.
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for THETAUSDT
There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for THETAUSDT
There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
THETA - Bearish breakdown?In this study on THETA, you will note the breakdown of the longer-term consolidation over the past two weeks, as THETA has broken through support at $0.95 to form a bearish triangle that also looks to be breaking down. A Fibonacci projection of this drop below support of the longer-term channel presents a few targets; $0.748, $0.648 and possibly $0.485.
Do you think we could get a 30% drop, or more, in the value of THETA? Will this be the final drop to exhaust sellers and conclude the bear market?
+50% Spot Long Position on THETA/USDTThe movement of THETA has been rightly similar to what we expected in the past, and due to the strong fundamentals of this project, it is also in the category of our main choices for future investments.
This currency is now in the upper limits of its initial upward trend, which can prepare itself for the next upward move with a small correction to the specified Fibonacci ranges, which will also be a big move.
Therefore, we suggest that you look for buying in the upcoming correction and add Theta to your investment portfolio.
THETAUSDTHello Dear friends
Currently, the price is in a long-term descending channel. The positive divergence of RSI has also been issued for us in the daily time frame.
But on the lower time frames, our resistance range is still in place and the upward trend has not been placed above the $1.296 range.
On the other hand, the upward trend line has broken down and the price range of $1.236 is on the way, which is an important area.
As a result, we expect to react to this range and form a corrective trend up to the area of $1.085 and $0.989.
We would be happy to hear your comments
THETA LONG SETUPHello, dear traders. how are you ? Today we have a setup to buy/long the THETA symbol.
We have a break of structural you can buy on close support
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
THETA/USDT Short-Medium TermHello,
Within the range we entered on May 12, as I have shown on the figure, the regions with the blue arrows worked as support and the regions with the red arrows as resistance.
The $1.17 - $1.41 range is very clear and it seems like the price has managed to stay within this range after yesterday's Fed meeting.
In the short-medium term, I think Theta/Usdt will reach the target of $1.41.
The second possible target is $1.60.
Hope you like it,
Melvin
THETA bull(ish) chart 3rd of November 2022Hey guys,
THETA seems to be on the verge of a breakout on the daily chart . Already inside the ichimoku cloud and moving up. I think that after we get a breakout and support on the cloud we should see at least a 150-200% run up towards the 4$ levels.
Got in at 0.98$, targeting 4$ before taking profits.
P.S. - Previous chart from 2 days ago was removed because I linked my twitter account.
THETA HAS A BULL WAVE PENDING TO THE UPSIDE📈Check out the trade plan for THETA today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
THETA got back above the support formed after a fake breakout to the downside. Here I am expecting a continuation of the bull trend to the upside towards the minor resistance highlighted on the daily timeframe.
THETAUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for THETAUSDT
Here we see R1 that used to be support line and S1 used to be a resistance line and also S2 is our support line at the bottom. Presently, the price is fluctuating below R1 and we believe a decline is waiting for it after it reached R1. In case the price is able to rise again when it falls to S1, the right shoulder of our pattern is formed. It may happen that the price has more decline by reaching S1. Bear in mind that it is better to consider the confirmation candles and then make sure what you are doing in your trade orders.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Wait for a Great Short !As indicated in the chart, we expect a weak short-term upward trend that can reach the specified limits and from there we can create new sell positions or have current sell positions with higher volume.
The next series of reactions to the $1.08 range will be faced with the breaking of this range and will lead to a further price fall.
THETA 3 weeks Price TargetsOn November 8th we will have the Midterm Elections in the U.S.
I think we will see a 3 week rally ahead of the elections, followed by a sharp decline afterwards.
The small bull run should start this week!
THETA/USDT
Entry Range: $0.95 - 1.05
Take Profit 1: $1.20
Take Profit 2: $1.50
Take Profit 3: $1.68
Stop Loss: $0.85
$THETA - 2D Elliott Wave UpdateSomeone asked me for a $THETA chart yesterday and I found the chart very interesting in that there is a decent case for this correction being done, but also a nice strong support not too far off (approx -20-25% down)...
I drew the support line blue and its just below the red price line. If we don't make a new low, we could bounce here at any moment, but I prefer to keep all options open. Its never a good thing to not see other options.
Safe trades to all.