Theta Breakout Setup | Triangle breakoutTheta Cryptocurrency token price now in Triangle and ready to break above the triangle buy once price close above the 0.0000760
Theta bitcoin pairs looks absolutely bullish can breakout big above the 7600 sats zone
let's check the line chart
In line chart of the theta / bitcoin we have are touching big resistance breakout above this resistance will send price higher.
Buy : above 7600 sats
Stop loss : 5500 sats
Target : 9000 , 11000 , 13000 , 14800 sats
Thetausdt
THETAUSDTOne for the watch list.
I have not enterted a trade with Theta Token, however i am liking the respect price has been giving to my trendlines with multiple touches and pullbacks.
Price has finally broken the upper channel from January 3rd however bearish divergence on the squeeze indicator along with the 121.2% fibb extension from the latest A-B-C move may indicate a retracement back to the $3.10-$3.20USDT zone.
Waiting for a break and close of $3.50USDT before looking to enter a trade.
Price projection in THETA 4H is respecting! Optimistic scenarioTechnical analysis regarding the price of THETA in relation of dollar Tether for the next scenarios, based on 1 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
THETA BACK IN THE CHANNELBased on what has been seen, thnx to plancton0618 analysis, Theta appears to break a down trend triangle, just to follow inside the up trend channel, There's some heavy resistance at $2.50; after that could reach from $3.20 to the $6.29 mark, it may had a similar growth trend as UNIUSDT.
Just keep an eye an set some alert.
-I'm not a financial advisor, your decisions is you own responsibility.
------------------------------------------------------------------------------------
Basado en lo que se ha visto, gracias al análisis de plancton0618, Theta parece romper un triángulo de tendencia bajista, solo para seguir dentro del canal de tendencia alcista. Hay una fuerte resistencia a $ 2.50; después de eso podría llegar desde $ 3,20 a la marca de $ 6,20, puede tener una tendencia de crecimiento similar a UNIUSDT.
Solo mantén un ojo y establece alguna alerta.
-No soy un asesor financiero, sus decisiones son de su responsabilidad.
THETAUSDT (THETA TOKEN) - IMMINENT BREAKOUT ANALYSIS 🔎
- THETAUSDT is building up in an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
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.
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.
THETAUSDT (THETA TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- THETAUSDT is building up in an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Theta (THETA) - Februray 2Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You should watch for any movement that deviates from 1.8276-2.2521.
In particular, you need to check if you can climb along the uptrend line (3).
If you go down at 1.6861, you need a short stop loss.
If it falls from the 1.4160 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can go up by touching the uptrend line (2).
The next volatility period is around February 9.
-------------------------------------------------- -------------------------------------------
** 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 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.
Hence, 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 published by oh92. (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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
💡 Don't miss the great buy opportunity in Theta TokenTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.74). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Theta Token THETAUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 2.20
TP2= @ 2.51
TP3= @ 2.78
TP4= @ 3.14
TP5= @ 3.60
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Theta TokenTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.74). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Theta Token THETAUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 2.20
TP2= @ 2.51
TP3= @ 2.78
TP4= @ 3.14
TP5= @ 3.60
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 trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
THETAUSDT (Falling wedge)THETAUSDT (1H CHART) Technical Analysis Update
Falling Wedge Breakout
THETA/USDT currently trading at $2.00
Buy-level: Above $1.940 to $2.00
Stop loss: Below $1.84
Resistance l;evel 1 (Target 1): $2.17
Resistance level 1 (Target 2): $2.40
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
This Bullish Reversal Pattern Can End up The Sideways TrendHey friends, hope you are well, and welcome to the new update on Theta coin.
Parallel channel:
On the daily chart, the price action of Theta has formed a parallel channel and moving within this pattern since 1st Jan 20201. In the meanwhile, the price action is also testing the exponential moving averages 10 and 21 as supports. And forming higher lows.
SMAs:
On the daily time frame chart, the price action of Theta is still moving above 25, 50, 100, and 200 simple moving averages and using 25 SMA as support very well.
Bullish reversal BAT move:
On the 12-hour chart, the price action of Theta is completing the final leg of the bullish BAT pattern, and soon it will be entered in the potential reversal zone. There is also 100 simple moving average support in the potential reversal area. Before this, the price action also completed another BAT move.
Bullish reversal Gartley move with Bitcoin pair:
On the 2-day chart, the price action of Theta with the BTC pair is completing the final leg of bullish Gartley and soon it will be entered in the potential reversal zone. There is also 100 simple moving average support in the potential reversal zone and the 200 SMA below the PRZ level. On breaking down the 25 simple moving average the pattern will be confirmed.
Conclusion:
Theta needs a little more drop for the completion of bullish reversal harmonic moves in the US Dollar market and in the Bitcoin market as well. Then a big move can be started.
Keeping the target projection at THETAUSDT 4H - Price optimismTechnical analysis regarding the price of THETA NETWORK in relation of dollar Tether for the next scenarios, based on 4 hour movement.
The price formed its impulsive and corrective waves and did not seek the previously projected target. However, I keep the projections intact, as the price formed an accumulation on this 4H chart and could possibly break through this region of resistance that was formed to seek the projections. The price has been moving upwards, and this cryptography has always appreciated over time, so I believe that it will seek more accentuated tops and funds as it goes on!
RSI cooling and below 50, and price forming bottom / rising tops.
The price has already broken through the Exponential Moving Average of 34 and 89 periods. I believe you can search for the support region you formed (before the stop) and go back up!
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***