$THETA $USDTOver long term bull coin, for now it broke below 4h s. I believe retest is coming maybe till orange ema. Then down to lower zone. Prob wick to 4h support line, so dca from entry point ain't bad.
Theta
THETA - TO THE MOON 🚀In our last post, we had 2 areas of interest where we would buy THETA. See below:
Price came down to the lower buy zone and bounced off perfectly! We are currently up 60% from that reversal zone.
Looking for continued bullish momentum. Please note that on the off chance we reject the descending trendline and make an ABCDE descending wedge, watch the double bottom area for a reentry.
Lets take this to the moon.
Theta Network (THETA) - February 12Hello?
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(THETAUSD 1W Chart)
(eng)
If the price is maintained above the 1.9172 981-2.9437 615 range, it is expected to create a new wave.
The price needs to rise above the 4.3357 882 point to hold the price in order to turn into an uptrend.
If it declines from the 1.9172 981 point, it is expected to enter the mid- to long-term investment zone, so careful trading is required.
If it moves above the 4.3357 882 point and breaks out of the downtrend line, I expect to find primary resistance near the 6.9164 138 point.
(1D chart)
First resistance section: around 6.4637 041
Second resistance section: 8.6007 292-9.6682 416
Support section: 3.2581 665-4.3266 790
The trend is expected to continue out of the 2.9437615-4.8165031 section.
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(THETABTC 1W chart)
If the price holds above the 0.0000 753 point, it is expected that it will lead to an uptrend to create a new wave.
However, to convert to an uptrend, it must rise above the MS-Signal indicator.
Therefore, it should rise near the 0.0001243 point.
Movement around the week that includes February 28 should see if we can break above the MS-Signal indicator above.
If it rises above the 0.0001 243 point, I would expect it to rock up and down on the 0.0001 243-0.0001 473 section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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THETA looks promising!after the successful break yesterday we are waiting on a corretion to enter a long position.
let us know what you think about THETA.
THETALooks like THETA is losing steam and setting up to retrace, but not just yet.
Difference between Buyers and Sellers on THETA Spot and Futures markets is inconclusive, Buyer vs Seller dominance shifts every 5 minutes.
Daily volume % is way up, over 1000% on Spot alone.
I tried counting waves, but don't quite see clear structure yet.
I think THETA will arc towards Target #1, other 3 targets need to be evaluated if Target #1 is reached.
Target #1 3.830
Target #2 3.753
Target #3 3.470
Target #4 3.187
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
BINANCE:THETAUSDTPERP
FTX:THETAPERP
OKEX:THETAUSDT
HUOBI:THETAUSDT
HUOBI:THETAPERP
BYBIT:THETAUSDT
$THETA needs to break up out of this channel and do a new ATH If Theta can break out of this downward channel a 10x move is on the cards this year.
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.596).
. 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 67.
Take Profits:
TP1= @ 3.881
TP2= @ 4.303
TP3= @ 4.676
TP4= @ 5.259
TP5= @ 5.907
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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💎 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 ❤️
thetha retest the broken triangle as you can see currently theta is at strong resistance and strong supply area we can be looking for short opportunity
💡Don't miss the great buy opportunity in THETAUSD@Theta_NetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (3.596).
. 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 67.
Take Profits:
TP1= @ 3.881
TP2= @ 4.303
TP3= @ 4.676
TP4= @ 5.259
TP5= @ 5.907
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 ❤️
THETA : USD Wave 5 target $37.60 - $47.41THEATA : USD
Potential wave 5. The fib relationships look good but the time its taken for wave 4 to complete when compared to wave 2 isn't great. EMAs are bearish. That leads me to consider two main options, 1 this is a bear market relief rally or 2 its still a bull market and wave 5 has just begun. The bull flag is enticing and the risk reward on this trade is very good. There's a potential for a 10x with very little downside is stops are places responsibly.
Key Points:
Wave 2: Hit high probability fib target of 0.707
Wave 3: Front run high probability fib target of 1.618
wave 4: Overshot high probability target of 0.382
Bull flag: Break and test from above to continue macro trend
Daily EMAs: We are below the 144, 169, 244 EMAs & they have crossed bearish on the daily. This is not bullish. Needs to breakout and test from above.
The trade:
Entry 1: Around here, $3.42 - 1hr chart has broken out and retested 244 EMA. 169 & 244 EMA has crossed bullish.
Entry 2: Break out and retest of the 244 EMA on the 4h chart combined with bullish cross of 169 & 244 EMAs.
Entry 3: Break out and retest of bull flag: ~$4.20 - $5.20
Stop 1: Break of the 244 EMA on 1h, currently at: $3.24 (-5.6%)
Stop 2: Once 4hr EMAs have crossed bullish and price has tested from above, stops at 244 EMA on 4hr chart.
Target 1: 169 EMA on the daily currently at $5.13 but sloping down and decreasing. (+54%)
Target 2: 0.618 relief rally = $7.80 (+132%)
Target 3: Fib: length of wave 1 projected from the end of wave 4 = $37.60 (=1017%)
Target 4: Algo: 0.236 length of wave 3 projected from end of wave 3 = $47.41 (+1300%)
Notes:
Symmetry looks off.
Relationship between wave 2 & 4 doesn't have the 'right look'
Wave 4 has taken much longer that wave 2.
EMAs bearish on higher timeframes
Never Trust. Verify.
Not taking requests so please don't ask.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
#THETA/USDT, facing dynamic resistanceFundamental:
Theta is one of the assets which working on streaming, due to increase requests for streaming service specially after COVID, invade our world,
this kind of decentral streaming platform might face a high demand in future.
Technical and Trend analysis:
The price face high overbought saturation on 2.5$ and price beautifully react to PRZ and start a bullish divergence, however Theta have a strong dynamic resistance on its way.
if the price could break through the down trend line(yellow one) and again make a pull back to the trend line ,price potentially can pass the static resistance on 4.6$ and upper one around 5.8$.
Caution:
it's not a suggestion for buy or sell, only my idea about the price action and potential movements for THETA.
it would be appreciated if you share your idea with me on comment
thanks for your patience
THETA TOKEN HAS HIDDEN BULLISH DIVERGENCETHETA TOKEN: HIDDEN BULLISH DIVERGENCE
IN THIS WEEKLY CHART. Theta has been super bullish for nearly 600 days, yes we
did see a long consolidation period, but its coming to a decision time on
the weekly chart. looking at the RSI, its about to break resistance and
remain bullish for a large move up. If history would repeat itself, look
at the projected numbers from a bars pattern perspective. Another note
is that THETA LABS is the only crypto that has the patents to expand
broadband internet. They have said to have nearly 100 patents in the
future. just looking at the chart and some fundamentals. not advice, just
charts here. If you look at what Solana has done, these #'s are possible.
look at the comments listed on the chart for more details.
THETA: Metaverse is sill alive!Hello guys. Hope you are having a nice day. Today I have decided to perform an analysis of THETA. Technically, THETA is in a descending wedge in the weekly timeframe, which is USUALLY a bullish sign. The ceiling and floor of the wedge are reliable factors as they have determined the price behavior in a significant fashion in the past. Critical levels are designated in red. One of the major factors that stands out when the chart pops up is the steady volume throughout the last year. The reason why I have chosen MA60 is the fact that the price has been remarkably reactive to it recently. As a trader, I always strive to find the indicators that match the price behavior of an asset. I know MA60 is not a common unit; however, I find it significant due to the reason I just laid out. What I see for THETA is the way up. Not that it is the only possibility, but I think it is highly probable. I always remind myself that nothing is guaranteed, and every decision must follow confirmations. The price may end up below the descending wedge and explore new lower lows, but do I find it likely? TBH, No! However, I have plans set for doomsday as well. You might ask, "Will the price reach a new ATH?" I don't have the answer to that unless I see price behavior near 12. Fundamentally, I find a lot of promise in the project and how it has put itself on the map.
Please push the like button if you find the idea of value.
If not, I look forward to your helpful comments.
THETA/USDT 4HOUR UPDATE BY CRYPTOSANERSWelcome to this quick THETA/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-THATA/USDT bullish signal and buy green zone and ascending triangle pattern retest
Entry:- $2.95
$3.20
Target:- $3.83
$4.22
$4.41
$4.65
Stop loss:-$2.66
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
THETA massive contracting falling wedge1W/1D Charts
THETA forming a contracting falling wedge bullish pattern and come into a weekly demand zone with high volume as we come into the zone on the bottom.
Bullish divergence on daily MACD and converging and showing signs of strength on weekly MACD.
Price action on the weekly looks nice on this with impulse moves up and corrective pullbacks into HTF weekly demand zone.
Fundamentals are great on this imo, with some solid partners and backing.
Ive picked some up at $3 and will DCA more if we pull back deeper into the weekly demand zone.
LPT vs THETA - The Future of Video, Storage, and LivestreamingBack in 2020, YouTube's #1 Creator, PewDiePie (Felix Kjellberg), announced that he would start streaming on DLive -- one of the first "working" crypto-based livestreaming service at the time. "Working" is in quotes since the partnership didn't last very long (YouTube eventually signed an exclusive rights deal with Kjellberg) and whether or not the platform is actually decentralized and censorship resistant is somewhat debatable.
DLive later moved its platform onto TRON (under Justin Sun) -- then was later acquired by BitTorrent and now uses BTT as its currency layer. There's a whole story behind that whole series of transactions too (including the rise and fall of DTube), but we'll stay focused on the crypto livestream/video market for now.
Right now the two big contenders in the crypto livestream/video markets are Livepeer (LPT) and Theta (THETA). Both projects claim to be the future of video -- which is decentralized, ubiquitous, and always available at any time. Livepeer is an open-source platform where anyone can build anything on top -- whereas Theta (founded by former YouTube co-founder, Steven Chen) is more of an enterprise-driven project with the backing of well-known, major companies out there. The differences in style and how they talk about themselves as a project is pretty stark, to say the least.
Right now the biggest bottleneck in the NFT market is storage and bandwidth capacity -- it's no secret that we live in a world where most people come to expect video as their primary source of content, but due to technical limitations (video, especially livestreaming, requires an exponentially higher amount of bandwidth/space) a lot of NFT projects out there avoided the issue by simply scaling down to simple images of apes, punks, and rocks. Most people working in content know, however, that video is where things need to eventually go, but in order for that to happen, there needs to be major upgrades done on the backend in order to accommodate the massive amounts of bandwidth that video systems require.
Web3 is only just getting started, in other words.
Filecoin (FILE) and Theta have a similar pattern since they both tend to target enterprise-level customers as their main focus, where as STORJ has a similar pattern to LPT and ETH since they're more open-sourced and decentralized. The patterns and where the money is coming from seem to be very clear, here.
Which will win out in the end? We don't know, yet. It's doubtful that the viewer really cares about where their content is coming from or how it's hosted -- the platform that entertains them the most is probably where they will go. In a way, this is just the eternal contest between small vs big production values -- maybe there may be room for both in the future. Which platform will create the most interesting content?
Theta Token Reaches Support, Will It Bounce?We have the Theta Token (THETABTC) altcoin trading pair on screen, let's see what's up.
The low level hit on 22-Jan. 2022 turns out to be the 0.786 Fib. retracement level for the bullish wave starting March 2020, this is a strong support level where bounces and reversal tend to take place.
Now, if you were to look at the weekly chart it is easy to see that there is still plenty of room left for additional correction but now that this Fib. level has been hit, we can look for at least a bounce to show up, this is marked with a blue arrow on the chart.
Seeing that TFUELBTC already went above EMA50, this one is likely to follow.
The light blue rectangles denote support levels.
This one can be good but there are better charts.
Chart setups with less risk and higher potential reward.
This is not financial advice.
Namaste.
THETA SHORT BETERTREND LINE
CAN REJECT
CAN BREAK
SHORT IS BETR
We are waiting for the price reaction to the important area, then we can choose short or long.
Theta Theta looks amazing as an investment right now. IMO, it will create a bullish divergence on daily before a bullish trend. you can buy 50% around 2.5 and another 50% around 1.6. This means if you wanna invest $1000, then buy $500 worth around 2.5 and other $500 at 1.6. Theta/btc looks really interesting. Sharing the weekly chart below.
Target : $6 and $8.
Investment horizon: 6 months-1 year
Theta bounced well from the support of channelDescending triangle:
On a long-term weekly time frame, Theta coin has broken down the support of a descending triangle and als broke down the weekly 100 SMA support. Now it has found a strong price support at $2.25.
Down channel:
Recently Theta has formed a down channel on a daily time frame and getting bounced form the support of this channel. Now if it breaks out the resistance of this channel then it can re-enter the big triangle back.
THETAUSDT - SETUPTHETSAUSDT price is moving into a parallel channel and touching a strong support zone. Price looks stable today and if Bull's recent bullish attempt continues, then we could see a good rally towards the 4-5 region.
XRP, MKR, ALGO,THETA: Curved Tops Suggest Incoming CapitulationHi All!
As highlighted in my last analysis, BTC has two choices to make regarding the 100W MA and 200W MA. This choice will likely propel that market in that direction.
Shown here are 4 altcoins that have formed a bearish "pattern" - curved top of the downtrend, similar to a parabolic uptrend, but just pointed this opposite way.
There are many examples of this curved top ending in some strong bearish move to the downside with an example being here:
Each of these coins have also broken their 400+ day trend lines in a bearish way.
Each chart has two support lines that show the high demand & deep liquidity zones.
Not everything in the market looks this way, but these coins may suggest of whats to come for the rest.
To void these curved cliffs, price must break over and hold for some days.
As always, this is my opinion & NOT financial advice!
Thanks for reading,
Please comment and like!
