THETAUSDT.P trade ideas
THETA decision soonTheta is approaching strong resistance from the top median line of the red downtrend Pitchfork as well as the center median line of the counter uptrend Pitchfork.
There's a demand zone marked by green rectangle that'll act as support as long as THETA doesn't get rejected hard by the top median line of the red Pitchfork.
Once it does break through, there's a supply zone above that'll likely trigger a pull back ideally to the re-test the top median line of the red Pitchfork before moving up.
THETA - StrengtheningAt the end of a positive week in THETA we see it break through to the upside of the Triangle formation that has dominated THETA for almost 12 months. It is now the 3rd day above the upper line of past-resistance and the longer it holds above that line, the better the bulls will like it. Volume is low at the moment though, so early days.
💡Don't miss the great buy opportunity in THETAUSD@Theta_Network
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.792).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 2.948
TP2= @ 3.106
TP3= @ 3.221
TP4= @ 3.379
TP5= @ 3.543
SL= Break below S2
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💡Don't miss the great buy opportunity in THETAUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.792).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 52
Take Profits:
TP1= @ 2.948
TP2= @ 3.106
TP3= @ 3.221
TP4= @ 3.379
TP5= @ 3.543
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!
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
THETAUSDT is testing the daily supportthe price is testing the daily support on 3.6$ after a rejection from the daily resistance on 3.1$.
on the lower timeframe, the price is testing the previous channel support as new resistance.
How to approach?
IF the price is going to lose the current daily support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
THETA have a Higher Chance to Be Bearish🟡Chart is speaking it self!
THETA TOKEN TETHERUS
-THETA Is in a Descending Triangle.
-No Break out
-If the Bearish Break out Happens, We Can Expect The Price to Reach 2$
-There is a little Chance That a Bullish Break out Happens and the Price would Increase Up to 3.8
_________________________________________
💎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
THETA USDT Review>>>>>>>>>>>>>>Hello EveryOne
THETA is running version 3.3 of its Hard Fork, which is good Fundamental News
Due to the Hidden Movement of Cows in the RSI and
Reforms in the price trend
THETA is close to a wide range of Buying demand on a Daily Time Frame
If the Positive Candlestick closes Above the Downtrend line
We can expect a good uptrend.
TP Marked on the chart
I Have Tried My Best to Bring the best Possible outcome in this Chart.
PLZ RDOR
Hopping For Success>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
THETA, key level FALSE BREAKOUT as a good BUY oportunity!The Theta Network (THETA) is now more in consolidation than in trend ( bullish or bearish ).
The $3-3.15 zone is now a resistance for about a month and a liquidity gap zone. We cannot break through that zone, because there is no BUYER above this levels at the moment.
After the breakout of the key level of $2.59, the big players can collect the traders' stop losses and it will be a good opportunity for us to take long positions.
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.
💡Don't miss the great buy opportunity in THETAUSD@Theta_Network
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.813).
. 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 52
Take Profits:
TP1= @ 2.980
TP2= @ 3.090
TP3= @ 3.251
TP4= @ 3.410
TP5= @ 3.546
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 ❤️