THETABTC decision pointContinued pump or further correction. Crossing the purple decision boxes will decide. If it is an ABC correction then target is 2883 sats. Not necessarily needs to be an ABC correction. Supports and targets outlined in green.
THETABTC trade ideas
ThetaBTCForming an ascending broadening wedge. Testing support if it breaks down support. I have here my buy zone just at the green trend line levels
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.
THETA/BTC - looking super bullishTHETA/BTC very likely finished big ABC correction on 4hr timeframe and I think price already formed first wave of the next big 5-wavish cycle to the upside.
THETA-BTC Short Term Wave CountFinishing up a 5th wave into the green area. I haven't done any time analysis. The green area is merely an idea.
Fib retracement symmetryTheta has retraced 0.786 pocket after each pump, before going for another new all time highs. Alerts set at 4330 Satoshi area for a nice 4:1 long play.
THETA - bullish breakout !!If THETA can hold above the breakout line, the result could be a real blast off.
If we take into consideration the very very large inverse Head & Shoulder formation the target could be somewhere over the rainbow !!
My only regret is that I took profits too soon (with 50% of my holdings) ...
THETA looking interesting for a cheeky puntTHETA looking like it wants to rekt early H&S shorters / pattern traders who don't know what they're doing. Just above support and trendline, already hit the 0.618 of the move from 4300s to 6700s, about to make a higher low. Conservative / safer entry would be to wait for a break and close above 5520s.
$THETA, Pushing against 4700 sats level w/ increasing volume$THETA
Pushing against 4700 sats level w/ slightly increasing volume
UCTS also showing a buy signal on the daily chart (20%+ up already)
For now I'm waiting for this level to cross/flip into support, If happens aiming for continuation toward higher targets (~5400 sats)
#THETA
Theta Token, THETABTC, Has More To Give (Weekly Chart)Here we have Theta Token on the weekly timeframe... THETABTC Has more to give.
We can see THETABTC breaking above EMA50 weekly and printing over 555% of growth...
After peaking, we have 8 consecutive red candles, a massive correction and the drop stops at EMA50 once more.
We have EMA50 tested as support.
Now we have 4 consecutive green candles, signaling "bullish consolidation", with prices now trading above EMA21 and EMA10.
This whole setup can lead to massive growth...
We stay 100% bullish above EMA50, but we switch back to bearish/adapt, if THETABTC moves and close below this line.
This is not financial advice.
Thanks a lot for reading.
Your support is truly appreciated.
Namaste.
THETA looking niceCame down back to support after a bullish impulse with rising volume. good scalp potential to its local highs alone
$THETA, Something to watch & see if its able to hold above ~3900$THETA
Something to watch & see if its able to hold above ~3900 sats 🔥 on a potential IH&S pattern..
Volume showing a higher spike today as UCTS is switching into buys on lower timeframes..
Aiming for ~4700 sats as 1st target (15%)
#THETA
Theta is one of a kind coinI don't even know what are the fundamentals, chart speaks for it self. This coins is correlated with nothing, pumps when nothing is pumping not even Alts. Unlike the majority of Alts, Theta is in a rising channel indicating long term strength. Recently it reached the bottom of the channel and formed a very bullish divergence. Today it broke over key level in the btc pair and is testing the key level in the usd pair..
THETA cup n handleI'm observing theta.
formatting cup and handle pattern.
if the candle breaks resisntance- buy
THETABTC @ HTF diagonal supportOne more bounce of that daily trendline on THETABTC ?
In case of breakdown, the line will get retested.
theta continue!(1)As you see in daily we have bullish trend line, (2)also have a pitchfork that price react to it well and its near trigger line.(3)a hidden bullish divergence is getting formed on macd (4)can you see normal bullish divergence on macd in 4H?! I prefer to wait for breaking up komo in 4H ;) good luck
