THETAUSDT trade ideas
THETAUSDTHELLO trades!
On the 4H time frame we have a head and shoulders pattern , yes indeed a good signe cause from here the price decides where it wants to go next.
what i mean is , sometimes price doesn't break the support level(the neck line) and continues to the upside , but if it does we know very well how to profit from this chart pattern!
not a trading advice trade on your own RISK!!!!!
Give me like if you are agree and let me know what you think in the comment!
its nice to have different ideas
THETAUSDT is creating a Descending channelThe price is creating a descending channel below the 1.650$ where the market created a 4h resistance.
We made more than 19% since my previous idea, and the price needs to create a new breakout to continue its uptrend.
How to approach it?
IF the price is going to have a breakout and retest the 4h 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.
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Follow the Shrimp 🦐
THETAUSDT:D1Hello friends
📉Based on the chart: Important levels are marked
.We also expect movement: the size of the width of the broken range
.📢 Please follow your strategy, , this is just my idea
.🙌Please do not forget the ' like' button & Share it with your friends
.✍ I will be glad to see your ideas in this post.
.🧲Follow me to see more analysis
THETA - Bulls Took Over! Target => 🎯Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Weekly: Left Chart
THETA rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes.
Daily: Right Chart
on DAILY: THETA formed a valid inverse head and shoulders and the bulls took over after a momentum candle close above the gray neckline.
🎯 Targets => Our first resistance / target would be around 2.5 so I will be monitoring price action there.
If we break it upward (purple projection) then a movement till 4.0 would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich