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Thetatoken

MUST BREAK LEVEL FOR THETA!!Theta has been stuck inside a downtrend channel since around the end of march and has been unable to fully breakthrough out of this channel, the most we have seen is a few wicks above the channel, if we want to see theta go on a big run here we will need to see a break of a few key levels, first the top of the descending channel, the 0.2 FIB level which is lying directly above the top of our channel and then finally the first point of resistance coming from the pivot points. we have actually crossed the bullish pivot point but not by too much, our candles recently have been sitting almost right on this point and i feel we gotta make a move upwards soon before we risk falling back below this level. Looking at the bollinger bands a very key thing that could happen would be price action grabbing onto that top band and going for a rollercoaster ride upwards, which i think would completely blow us right through these few key points i was talking about, in order for that to happen though we need to atleast breakthrough the top of the descending channel, once that is done the top bollinger band will be right in our reach! Looking at the MACD we are seeing good separation within the MA's but i notice the blue ma is starting to come down a bit towards the orange, now this is very important because if we don't see a bounce on the MACD due to a runnup in price we are playing with a possible bearish cross which could definitely set us back even more, we could start to see a little bear cycle on the MACD if our histogram continues to shrink the bars its printing! Not financial advice just my opinion!
BINANCE:THETAUSD
by JacobR905
THETAUSDT { THETA TOKEN } - BULLISH SETUPANALYSIS 🔎 - THETAUSDT was bounded in a descending triangle pattern. - Price brokeout above the descending triangle's inclined resistance. - This is a bullish signal. BUY ENTRY ⬆️ - Market entry: current market price. - slStop limit entry: Breakout above the horizontal resistance level (@6.75). - Limit entry: Retest of the descending triangle's resistance. TARGETS 🎯 - Horizontal resistance level (10.103). - Horizontal resistance level (@15.88). SETUP INVALIDATION ❌ - Breakdown below the descending triangle's horizontal support level (@3.47).
Long
by Chibuike_Odoh
THETA/USDT DON'T MISS THE TRAIN BREAKOUTGoodmorning Folks, NFT's going strong lately so will THETA be.. I have done my due diligence on THETA and appreciate what they stand for and what they do and want to achieve. I strongly recommend reading about it and do some research on. On the daily chart we have a Bullish breakout confirmation because price closed above the open price of the black candle.. The price is available in a low price area, bullish breakout is confirmed, RSI around 40 and price fluctuating at the down range of the Bollinger Bands. If you wanna make a strategized trade this is the time.. See the chart for support levels en price target level.. Quote of the day; Let the market be your guide. Like the content if you like and follow for more to come!
Long
by MoneyMakingMuro
#Theta is ready to move higher - Top of range $7.20 incoming. Hey Guys, 420 Investments Here with a 4 hour technical analysis update of theta. Before getting into my analysis I will provide you with the trade details. Entry - Current price action $5.86 Stop Loss - $5.72 Risk to reward - 7 to 1 Leverage - 10 x recommended or lower As we can see #theta has formed a trading range and has currently dropped the bottom of the range, i am expecting theta to reclaim the range and head to the top of the range @ target 2 of $7.20 usd. We also have formed a bullish falling wedge, with three touches to each side confirming it is valid, now we are looking for a break out of this wedge to give us confluence that theta will indeed head to the top of it's trading range. The 4 hour has also recently shown a Swing Failure pattern reversal pin, showing bulls are trying to take control here. Best of luck!
Long
by Moonseekers
THETA - Correction Before Major UpgradeAnalysis: - Fibonacci Retracement - Support & Resistance - Order Block Flow Analysis - Market Structure Target: $2.01 Opinion: If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days! I believe they will make another drop before this news is announced to wash out the paper hands Once they are done correcting I will be looking for buys and I will do a follow up bullish markup If you haven't done your research on this coin, I highly recommend you do :) This is top 3 on my list for sure and I am so glad I am able to buy at discounted prices Accumulate Accumulate Accumulate
Short
by Crypto_Master100
25
THETA-BTC-DESCENDING WEDGE (daily view)Hello traders and investors!! So great to be here today, let's take a little journey and examine THETA📉👇👋 Price touched rims of wedge 4 times, and on the 5th bounce we broke the pattern and exited the wedge.😎 Now I see it possible that we can go to our targets. QUICK REMINDER 😄🤨📌 Make sure to always use a stop loss 🤚🛑💲 when making trades.👏🆗👌 Consider we may get rejected here, rooting for the bulls.. here is why ⏬⏬⏬⏬⏬⏬ : Call me crazy, but I have seen Theta pump when BTC is bearish🐻👍, im not missing out on this possibility. (This chart is different than THETA USDT or USD, we are seeing bullish candles because this chart depicts THETA in relation to BTC price.. BTC dropping, THETA is stronger than the correlational effect that BTC has on it's price.) This analysis is technical approach. I always recommend considering multiple factors when making any trade! THETA mainnet launch was recently pushed to JUNE 30th (this month.) This is huge news for THETA and T-fuel . Let's see and always remember ⏬⏬😉🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you for reading and trade safely!!!! Jazerbay ☯
Long
by jazerbay
18