THETAUSDT.PS trade ideas
THETA - Lift Off !!! 🧑🏻🚀I predicted THETA would crash 95% from $12 and be an excellent buy sub $1 links below
And so it would appear it bottomed at $0.7.
This has been a long descending channel with plenty of pressure building up and we've also been eyeing up THETA/BTC - a beautiful curved descending structure.
And now it is a rocket!!!
Been eyeing this one up a very long time.
Where were you 😸?
Not advice.
THETA/USDT broke resistancesHello guys
Let's get ready for upcoming week. Well we see here that THETA has been forming Cup & Handle pattern which secure the neckline zone and is currently moving to test upper resistance zones. Well as you understood we see a good chance for a bullish movement here so might be time for some DCA as a spot holdings.
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ThetausdtOver All Moving In Falling WEdge (Bulish PatterN)
On Lower TfS Falling Wedge Has Already Broken Now Im Expecting A Test Of Main Trendline Between 0.88 to 0.92 Area And If Got Cleared Then Expecting Move Towards 1.30 and 1.70
Safe Sl Would Be Below Recent Low Entry Can Be Taken On Lower Tfs Retest
THETA | THETA daily analysis.On the daily time frame, THETA remains volatile within a descending wedge. I added a trendline inside the wedge. THETA is challenging the trendline as resistance. Under the condition that the market continues to recover, the price breakthrough will bring us to the upper boundary.
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THETA will crash 95%+ and provide an EXCELLENT entry SUB $1THETA's goose is about to be cooked in tandem with Bitcoin retracing back to AT LEAST 20K area. Could THETA have one last surge? - yes of course, but with Bitcoin cliff-walking and Ethereum going parabolic it looks like this chapter of the show will be over soon enough. THETA has been a big hitter but what goes up must come down and price is looking corrective. Target for entry is currently sub $1.
THETAUSDT wants the breakout?the price is creating a descending channel on the demand zone on 0.8$
How to approach it?
IF the price is going to have a breakout from the channel and retest the previous resistance as new support, 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.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
THETA UPMOVE COMINGTheta token reached the previous continuation accomulation zone where we expect the bigger players to hold the price.
From a riks-reward standpoint this is a rare and well set up trade.
We do recommend to take multiple profit by smaller parts every potential reversal zone.
Because of the yield inversion in the market the short term interest is favored, so we use trailing stop as well by ATR trailing stop.