Theta Network (THETA) - March 18Hello?
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You should watch for any movement that deviates from the 7.2259-8.1223 section.
If you move down from the 6.0308 point, you need a short stop loss.
The next volatility period is around March 27th.
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(THETABTC)
You'll have to climb above the 0.00013503 point and see if you can get support.
If it falls, you need to make sure you get support in the 0.00011410-0.00011933 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If you fall from the 0.00011162 point, you need a short stop loss.
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** All indicators are lagging indicators.
So, it's important to know 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)
Theta
THETAUSDT Pennant patternTHETAUSDT (1H CHART) Technical Analysis Update
Pennant Pattern
THETA/USDT currently trading at $7.34
Long Entry-level: Above $7.58 (only buy if 4h candle closes above 7.58$)
Stop loss: below $6.34
Target 1: $9.00
Target 2: $10.00
Target 3: $12.50
Target 3: $15.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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Luxury Trade💰Are you ready to trade, wolves🔥
There is a great wedge formation on THETAUSDT crypto pair.
There was a strong bullish sentiment before.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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THETAUSDT In Wave 3 of 3rd / 161.8% Extension Target $1.00HUOBI:THETAUSDT
I see THETA in its 3rd wave of the Three Wave!
When I measure the extensions, the primary wave 1 - 2 extension targets $1.00
When I measure only the sub wave extension(Wave 3) My coordinates are as follows:
Point 1: 0.1983
Point 2: 0.5922
Point 3: 0.3712
For the 1.618 extension of just sub wave 1-2 pivot is also a target of $1.00
However; Being that we are in what I believe the 3rd of three, then it is not unreasonable to think that this wave can be extended far beyond the 1.618 Fibonacci Level.
Extended targets for this sub-wave(3/3):
200% Extension: $1.1590
261.8% Extension: $1.4024
361.8% Extension: $1.7963
Big THETA development. A little too soon?Disclaimer: A complete noobie here. Excuse my lingo.
I've been looking at Theta token for a few weeks now, trying to find an optimal long entry point after a few big impulses that took it to almost +100% within days.
I did a little backtesting analysis with what little knowledge I possess.
Take a look, and tell me what you guys see. THETA moon? or still a chance to enter at its strongest support (~$6.5)?
PLTR at support and has high bullish sentimentShort Put : 18-strike expiring 4/16 for $0.69. Short 16 delta and has a 75% POP. It is also very cheap at $400 BPE for a solid 17.5% ROC.
This is a neutral to bullish play with a modest room to the downside and still profit from the trade. This will give you the highest possibility to win and the best part is that you don't need to predict the direction as long as it stays above $18. Close this at 50%-75% profit, 150%-200% loss or 20DTE, whichever comes first.
XBI High Conviction ReversalThe Biotech is oversold and is looking to revert back to mean. It is currently at its 180 SMA and ended Friday green forming a hammer candle pointing to an upwards move.
Trade Ideas:
Shares long between 136-140 to 145, 150, 160+ price targets. Bullish.
Short Put at 115 expiring 4/16 for $1.15 Credit. $1150 BPE is a little pricy, but still a decent max ROC of 10% but has a 90% POP. Neutral to Bullish.
Short Strangle 115-160 expiring 4/16 for $2.3 Credit. $1400 BPE, 20 max ROC and 78% POP.
AAPL High Conviction ReversalApple is at key trendline and 200SMA support right now. It is one of the more oversold tech players and will likely reverse back to its mean.
Trade Ideas:
Shares : Long around 117.5 for 125 and 130+. 5-10% Swing.
Covered Call : 131.25 expiring 4/16 for $1.5 credit. 17.5% assignment probability and a 12% covered return.
Credit Put Spread : 110-111.25 strikes expiring 4/16 for $0.33. 64% POP and max loss of $92.
Short Put : 100 expiring 4/16 for $1 credit. 92% POP and $1000 BPE for a 10% max ROC.
Strangle : 100-140 expiring 4/16 for $1.65 credit. 80% POP. $1170 BPE for a 14% max ROC
THETA CALL MATURED IN 13 DAYS 157% GAINSTHETA CALL MATURED IN 13 DAYS 157% GAINS
Forget #DOGE #DOGECOIN Try #THETA add us to your like / watch list
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Safe trading everyone
Check the original call is below in the links related. posted on 15th Feb 2021
THETA.USDT (Y21.P1.E2).Stalking BULL FLAGHi Traders,
Keeping it short, below a many macro charts and theta is one of those you don't won't to miss out.
Right now, I see it going parabolic and hence risky and rewarding.
I will be looking to use the 4 hrly chart \ trend as potential entrance. Its one of those difficult ones as you have to keep an eye out for it, for a bullish candle entrance.
All the best,
S.SAri
THETA’s technical breakout eyes upswing to 10 USDTThe price is trading within the confines of an ascending parallel channel.
THETA has just broken above an ascending channel’s middle boundary resistance, restarting the uptrend.
The MACD had flipped bearish but is currently giving out a bullish impulse.
The uptrend is supported by improving technical levels based on the MACD.
Resistance at $8 may either stop or delay the upswing and perhaps lead to an increase in selling orders.
THETA & the Stairway to Crypto HeavenWe went long THETA on 26 June 2019 at $0.13. The cryptocurrency had an amazing run throughout 2020 and broke the $2 level on New Years day 2021. The price has continued to explode throughout the first quarter of 2021, reaching a high of $8 before pulling back to $7.29.
THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge problem with a "self-funding" decentralized broadband expansion technology.
Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis. It's fast, secure and extremely cheap to use.
Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet last month. Smart contract funcionality opens up a whole new set of user experiences and new attribution models for DApps built on the THETA network
Also, the team announced the next generation THETA blockchain: THETA Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning.
Recently Lionsgate became the latest Hollywood studio to bring content to Theta Network. Expect more partnerships with Broadband Streaming to follow with the likes of Netflix , Amazon Prime, YouTube, Hulu, Comcast, Xfinity.
medium.com
In other good news for Theta, ThetaSwap v1 recently launched as the first decentralized exchange (DEX) for Theta blockchain: medium.com
Furthermore Theta Network launched in Japan with LINE Blockchain THETA.tv app: medium.com
We are +5592% on this trade and remain bullish on THETA. It is yet to be listed on Coinbase and the project is still very much under the radar. If the Coinbase listing goes ahead, 330 million U.S. citizens will be able to join the Theta stairway to crypto heaven.
The following is an excerpt from u/Kronix82 'My Detailed Thoughts On Theta And It's Massive Potential' which was posted over on reddit:
'In my strong option Theta is the #1 sleeping giant in the crypto space by far, and what it will do over the next few years will shock even those that are paying attention to it now. Bandwidth sharing, CPU sharing, GPU sharing, storage sharing, DEX, NFT (which will include exclusives with major movie/entertainment and gaming studios/platforms), smart contracts, low fees, incentive for participants, major partnerships with some of the biggest tech, gaming and entertainment companies on the planet (more coming soon) that will be able to expand the nodes from a few 1000's (organic) to over 1 billion by adding edge nodes to cell phones, computers, smart TVs, and even video game consoles via a simple software/ISO update when the timing is right (aka strategically).
Nevermind that right now as we speak Theta.tv is being used as a beta test for YouTube and Twitch (more will follow) so once ready it can be leveraged by those platforms as a 2nd layer solution which will be overlapped ontop of their current CDN's on their platforms, and will be rolled out officially in the future shortly after the nodes are expanded from 1000's to hundreds of millions via the planned software/IOS updates across all these tech companies devices (Samsung/Apple/Sony... and more which are already validators but have not yet made that public and are currently having Theta Labs stake on their behalf for the time being).'
www.reddit.com
THETA UNSTOPPABLE. BIG INVESTORS. BIG OPPORTUNITY. $12.THETA.TV. Samsung invested. Sony invested. Gfuel invested.Huge capital funds have noticed. The future of paid streaming and rewards for both streamers, viewers, AND NFT marketplaces. Big players have dropped billons into this within a month. Mainnet launches in 38 Days. There are 4 events planned before then. Samsung VR and the NFT space isn't going anywhere. And with the co-founder of YouTube being the head Media Advisor for THETA.tv, you'd be hard pressed to find a more positive indicator.
*Disclaimer: Not financial advice. Just my projections.
Theta swing retracementCamarilla pivots and CPR on weekly levels. It will likely test the developing purple pivot around weekly close. Because carful if targeting there instead of simply buying because todays price action could alter it to retrace from higher point. average in method might be safer. Also if bullish can wait for weekly close and buy when it tests the new weekly pivot as it likely will.