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Theta

THETA TOKEN: Is the dip over?In this chart I slightly repositioned the FIB retracement to reflect the recent upward movement (started on Mar 20), and to see where the recent dip lies within that. Theta is recovering beautifully so far in between .5 and .318 fib levels, better than most other coins, I'd say. I've noticed from the past charts, that Theta often does the opposite of what other coins do. The market goes down, Theta goes up, and wise versa. But it's still important to understand that when our boy Beethoven is making big moves, the rest follow. And while I personally did not expect a dip as wild as this one was, I also overlooked the importance of the news about postponement of Mainnet 3.0 to the end of June. Here in the chart I applied a generous 16-weeks EMA, and together with the recent dip it looks quite organic and healthy. All in all, all the vitals are good; and unless something crazy happens, I personally do no expect it to go back to the $10 area. The 4 hour chart looks bullish, with a clear bullish pennant and a consolidation precisely in the middle. The 1 day chart paints a slightly different picture (so far) with a doji candle (still green though), and an overbought RSI of 82. But when did that stop Theta? Not a financial advise: While this consolidation looks just like the ones that happened before, preceding the previous rapid upward moves, we may not be out of the water just yet. I'd be on a lookout for rapid pushes through the .318 fib level over the next 2 days, to confirm Theta's intention to go up.
Long
by EsmeBoussen
1
🆓Theta Network/USDT Analysis (26/3) #THETA $THETATHETA is under a strong selling force and it could be the end of THETA uptrend and THETA will move down to 7$ in early April if losing the 11$ zone. If there is a buying force at 11$ zone to help it conquering the 13$ zone, it will have a possibility to reach 19$ zone 📅EVENTS 👉Mar 31 : DEX Release 👉Mar 31 : NFT Marketplace 👉Jun 30 : Theta Mainnet 3.0 📈BUY -Buy: 10.7-11.3$ if A. SL if B -Buy: 7-7.35$ if A. SL if B 📉SELL -Sell: 12.7-13.3$. SL if A -Sell: 10.7-11.3$ if A. SL if A ♻️BACK-UP -Buy: 12.7-13.3$. SL if B -Sell: 18.5-19.5$. SL if A ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Short
by CryptoStation
2
THETA 1D Global idea, support and resistance levelsYour attention is the global idea on the THETAUSDT chart The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000% It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :) But we turn off the FOMO effect and continue to analyze the graph soberly. THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days. And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue. The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50 And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone. However, if you have an average or large deposit, the n to agrees our risk management, THETA should not take more than 10-15% into your portfolio. Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone. The critical level is $10. Below this level, a long and deep correction may begin. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30
THETA 32% rally in jeopardy as immense resistance emerge at $14 THETA rallies towards all-time highs following a bounce from key support at $10. The MACD has a bearish impulse, suggesting that THETA would correct toward the 50 SMA. THETA is among the few double-digit gainers in the cryptocurrency market. This token has had a tremendously yielding first quarter of 2021. THETA has quickly grown from a less known cryptoasset, making it into the top ten. It has a market cap of $13 billion and is holding the eighth position in the market. At the time of writing, THETA is exchanging hands at $13.12 after meeting acute resistance at $14. Holding above $13 will ensure that the accrued gains are not lost and guarantee stability in the market. Note that buyers have their eyes glued on $15, the current all-time high. On the flip side, massive declines are likely to come into the picture if the token fails to hold at $13. Tentative support areas include $12 and the 50 Simple Moving Average (SMA) on the 4-hour chart. The Moving Average Convergence Divergence appears to validate the correction. This is a momentum oscillator utilized in trading trends but rarely used to identify overbought and oversold conditions. The indicator manifests on a chart with a couple of trendlines oscillating with no boundaries. Note that the crossover of these two lines is a trading signal resembling that of the moving average system. It is essential to keep in mind that crossing above the midline (zero line) is regarded as bullish, while crossing below the same line is bearish. Moreover, when the MACD line (blue) crosses above the signal line, it is bullish. On the other hand, the trend tends to flip bearish when the MACD line crosses under the signal line. Therefore, THETA is most likely to incur losses instead of continuing with the rally in the short-term. THETA intraday levels Spot rate: $13.1 Relative change: -0.05 Relative change: -0.2% Trend: Bullish Support: 50 SMA on the 4-hour chart Resistance: $14
BINANCE:THETAUSD
by CoinGape
Another bull run for THETA, another retracementCrazy last couple days for Theta token! It smashed through a few ATHs with very little resistance, and, well, it looked SCARY. Looking at its previous moves, and at what other coins do my logic screamed it HAD to retrace. My FOMO made me buy some at the semi-high. Ouch. So here's some Fib levels. It clearly retraces back to .382, to around $12.8, where it has the strongest support so far. This is a healthy retracement, that I wouldn't be too worried about. I can see the possible H&S pattern unfold in the next day or two, AND it MAY decide to go back down more and test the 0.5. An hourly RSI looks like it can dip more before a period of sideways consolidation.
Long
by EsmeBoussen
7
Theta Network (THETA) TOLD YA!😨Zdravo 7.5 is a wall and if we break it we can see 8-8.5--9---10 and if you are an early investor you are in 17000% profit, cool ha? what is THETA? Hmm..Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers.. ćao
by amirsediq
2
Theta Network (THETA) - March 24Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We need to see if we can get support from 11.9546-12.5496 and climb above 14.3345 points. If it falls, you need to make sure you get support at 10.5281. If you decline in the 8.9797-9.5747 range, you need a short stop loss. The next volatility period is around March 27 (March 26-28). --------------------------------------------- (THETABTC 1D Chart) You need to make sure you get the support at the point of 0.00023397. If it falls, you need to make sure you get support in the 0.00019655-0.00020591 range. Due to the sharp rise, it may fall to the 0.00014978-0.00015914 section, so careful trading is necessary. If it falls between 0.00014978-0.00015914, a short Stop Losss is required. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Where is the THETA peak?Cosmic Bands are useful for determining how far the price will keep rising (or falling). In this case the price of THETA is experiencing exponential-like growth on lower timeframes and it's not clear where the final peak will be. To estimate the peak, we add the Cosmic Bands indicator as-is, turn on the `log` and `auto` chart settings and find a relatively high timeframe (here it's 1M) where the price approaches the indicator's R5 level. This level equates to the upper plot of a regular BB indicator when the StdDev setting is set to 4.5. It appears that the price is approaching R5 (a common peak level) which on this timeframe is about USD 14.5. But don't let this be your only guide! On a 1W timeframe, the R5 level is at about $18, so check several timeframes at once and make your decision accordingly.
by cosmic_indicators
2