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Theta

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.
by mindandwar
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.
by Yuriy_Bishko
3
Theta Breakout on the Horizon!!?Theta is starting to look good we are currently trading inside of a bullish triangle sort of a larger scale one but we are steadily moving our way to the upside. We are currently battling a heavy resistance level and looking for a break to the upside, ultimately a break out and up of this triangle is the whole goal, now i wouldn't be surprised if we do overtake this current resistance level we have tested it multiple times and weakening it day after day recently! Now for support we are looking good we have the midline on the pivot bands which i will talk about next but we also have underlying support outside of this triangle, so a false breakout and bounce back in wouldn't be unheard of either. Now the pivot bands, same as the bollinger bands our midline currently serves as support and same goes if we break below it will then be resistance. But my main point with this indicator is that if we do slip out of the bottom of this triangle we will most likely see a bounce back in shortly after, price action touching the green band over and over shows a bounce is likely coming and vise versa with the red top band. Now our RSI is looking bullish aswell, we are finally above the midline once again and this reclaims a confirmed uptrend if we can hold above the 50. the midline serves as support aswell as the yellow SMA which is closely tailing the RSI slightly underneath! Overall we are looking bullish like the majority of the market and i think a breakout to the upside of this bullish triangle is likely coming soon in the next week or a bit more! Not financial advice just my opinion!
Long
by JacobR905
THETAUSD targeting $5.2250 on a fractal repeat.Theta Token is trading within a Channel Down and has just recently broken above its 1D MA50 (blue trend-line again). Even though the price remains just inside the Channel Down, that break-out on the previous similar Channel Down of April- July 2021 was a buy signal towards the 0.618 Fibonacci retracement level. That is currently at 5.2250. Notice how we are at the exact same RSI spot of that Channel Down break-out. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:THETAUSDLong
by TradingShot
6
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price has broken the R1 resistance and is making a pullback to it. It would be a good place to buy and save your profit at the R2 line. There is also the S1 support line which the price has reacted to before and would be a good place to buy. It is likely for the price to come a little lower and then, if Bitcoin is stabilized, pumps to the R2 resistance. If R2 is also broken, the price will go higher and we will update our analysis. The next target it could see would be $7.678. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals