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THETABTC

THETAUSDT (THETA TOKEN) - UPTREND CONTINUATION ANALYSIS 🔎 - THETAUSDT is testing the ascending channel support. - Price action is printing a symmetrical triangle pattern. - This is a bullish pennant continuation pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the symmetrical triangle's inclined resistance. TARGETS🎯 - Previous swing high horizontal resistance (R1). - Fibonacci extension levels - Ascending channel resistance. SETUP INVALIDATION ❌ - Breakdown below the ascending channel support and symmetrical triangle's inclined support.
Long
by Chibuike_Odoh
11
Theta Has Reached The End Of Bull Flag For Big MoveHey friends, hope you are well, and welcome to the new update on Theta coin. A powerful rally and sideways move: After the powerful rally, the price action of Theta is moving sideways since 2nd Jan 2021. 1st it was moving in the parallel channel but after forming higher lows and lower highs the pattern has been changed to a symmetrical triangle. And this move has also formed a bull flag on the daily time period chart as well. The EMAs: On the daily time frame chart, the price action is also using exponential moving averages with the time period of 10 and 21 again and again. This time the priceline has again bounced by the EMA 21 and reached the resistance of the triangle. The volume: We have a powerful buying volume in the end of Dec 2020 then 1st week of Jan and the last week of Jan 2021. With volume, the volume oscillator was also giving powerful buying volume signals. Now the volume is being decreased. Now there is a possibility that again the volume oscillator will rise up and if this volume oscillation will be for buyers then the priceline may breakout the resistance of the triangle. Conclusion: As the priceline of Theta has reached the end of the triangle and bull flag, therefore, there are more chances that soon this sideways trend will be over.
Long
by moon333
2
ALERT!! THETA TOKEN READY TOO BLAST ANYTIMEHello everyone. After a serious correction, all coins started to breathe slowly. but whats next. Will this bull run keep going, Well we can't say that, But definitely we got some serious hint from THETA. Theta in a flag consolidation with decreasing in volume with is a great sign of a big move in the upcoming days. Stay tuned and keep an eye on THETA!!! good luck. Wanna mine some free crypto with your smartphone that too for free, not kidding. Pi is a new digital currency and soon will be listed . This app allows you to access and grow your Pi holdings and serves as a wallet to host your digital assets. Download the app: " minepi.com/vineetgaddale# " or down from app store /play store Use the invite code: "vineetgaddale" to join.
Long
by LEO_999
4
Theta getting ready for next rallyHey friends, hope you are well, and welcome to the new update on Theta coin. Previously we have seen that on a 12-hour chart the price action was expected to complete the final leg of bullish BAT. Now finally the price action completed the leg and so far it has rallied more than 24%. The SMAs on the daily chart: O daily chart the price action of Theta broke down the 25 SMA but still moving above 50, 100 and, 200 simple moving averages. EMAs on the daily chart: The price action of Theta was likely to break down the EMA 21 on the daily chart after breaking down the exponential moving average 10 but now it again seems to be crossing up the EMA 10. The bull flag: On the 12-hour chart a bull flag formation can be clearly seen, which is in fact a wedge pattern. The volume profile of the complete pattern is showing less interest of the traders close to the support. Therefore the break out is possible. Different support and resistance levels: On the small time-period 4-hr chart, different support and resistance levels can be seen. After rejection by $2.30 resistance 1st the price action started moving between $2 and $2.30 support and resistance levels. Then the price action of Theta broke down the $2 support and now moving between $1.70 to $2 support and resistance levels. Here the pricline also has good support of 200 simple moving average. Long-term up channel: On the long-term weekly chart with Bitcoin pair, the price action of Theta has formed an up-channel, and recently it has started moving up from the support of this channel. Cup & Handle move: While taking bounce from the support of the big channel, the price action of Theta coin has also started moving up after the completion of Cup & Handle on the daily chart. Conclusion: The price action has formed a bullish reversal Cup & Handle pattern while taking bounce from the support of a big channel. Therefore we can expect a rally to the upside soon.
Long
by moon333
1
THETAUSDT - SYMMETRICAL TRIANGLE ANALYSIS 🔎 - MATICUSDT is consolidating in a symmetrical triangle pattern . - Breakout is imminent. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: horizontal resistance levels (R1, R2), fibonacci extension levels. Downtrend ⬇️: horizontal support levels (S1, S2), fibonacci extension levels.
by Chibuike_Odoh
THETABTC completed another bullish reversal for new ATHBull flag formation: In US Dollar market the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has been formed within this flag then it can reach at $3.5 easily. Cup & Handle move: On daily time frame chart, with the Bitcoin pair the price action of Theata has completed the formation of Cup & Handle pattern. Now it has also tested the support of 100 SMA and the 50 SMA has formed bull cross with 100 SMA as well. If we take the measurement from the breakout point to support and place it at the breakout point or resistance of the Cup. Then our next target can be 0.00011755 btc and if the priceof BTC will be $35000 then 0.00011755=$4. Ichimoku cloud and Rising Wedge: On long term weekly chart, the price action of Theta with Bitcon pair has formed a rising wedge pattern and also broke out the Ichimoku bearish cloud as well. The cloud is now bullish so we can expect that the priceline migh make another attempt to break out the resistance of this cloud. Conclusion: The price action of Theta is setting new all time highs in every rally. Now we can expect another rally that can be 100% up from the current price level.
Long
by moon333
5