THETAUSDT trade ideas
THETAUSDT UPDATETHETA since its recent bullish rally has now provided us with a correction to the 0.50 fib we could possibly form a new higher low here before seeing the continuation to the upside, i am waiting on the 4hr timeframe for price to regain bullish structure break above this small resistance zone, if we manage to see a 4hr close above this zone on the retest i will look for a leveraged long position.
A Somewhat dissappointing Price Prediction for $THETABecause of all the insane price predictions coming from $THETA twitter moonboy champions, we have been programmed to be overly hopeful in the near term, as far as price action is concerned. Unfortunately, we will only be 5.5x current price by middle of May, before correcting once again. This is my prediction. TP at $28, just a thought, not financial advices.
URGENT UPDATE: The Best Triangle in the WORLD - A $THETA storySince I first drew the triangle in early October of 2021, my email box has been deadened with fan mail. Legions around the globe have deemed this triangle to be the "best triangle in the world". I am not sure about that! But it sure is interesting. Here is an update with current price action. Notice how $THETA constantly respects this triangle that it has now broken from.
The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
So..where do we go from here? Time will tell... But we are now out of the triangle.
OP: The triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.
THETA long: +7% in 19 days - New algorithmLadies and gentlemen, after a long pause dedicated to fine tuning and improving my algorithm even further (100% accuracy rate, as testified by my history), I'm back on the playground.
Now the algorithm allows for accurate price prediction up to one month forward in time, rather than just few days!
The algorithmic analysis, in regards to THETA, says "+7% in 19 days", but it really is more like "+ at least 7%, in up to 19 days".
I have bought 24 THETA at the price of $4.65, for a grand total of 111 USD invested in this new trial.
My plan is to hold them until the conditions are right and then sell them for ETH, as suggested by the algorithm.
I'll update this post every time something significant happens.
Keep in mind that the algorithm has run an analysis with the current data, so if something terrible comes up for THETA or the crypto market as a whole, we may decide to abort the trade!
Leave a comment If you found this post useful, and I'll post more!
A good currency, Theta AND 175% Profit !A good currency, Theta
It has a good foundation, it is one of the infrastructures needed for the development of Metavers projects that have become very popular these days. (Certainly in 2022 we will hear more about Metawares, blockchain games and NFT).
As you can see in the chart:
- After a 371-day uptrend and 22968% growth, in the last 266 days, it is correcting 69% of its price.
Weekly time frame:
- According to the drawn symmetrical and fundamental triangles and the good market trend at the end of 2021, we can hope for price growth according to the yellow resistance lines drawn from 23% to 175%.
1. Do not forget capital management.
2. Do not forget to risk management to Reward.
Good Lock.
$THETA Triangle - the best in the world and clear break up proofThe triangle begins at the top wick of the April pump, and continues to extend a near perfect right triangle all through 2021, catalyzing in a fake break out > retest > pump > failed retest that resulted in a hard wick down to bottom support, setting up for the momentum to overtake the MA, causing $THETA to break up and out of the perfect triangle. It may or may not retest the triangle on more time.