THETAUSDT.P trade ideas
Theta Bullish or Bearish ? I guess Theta is following the path of bitcoin and if bitcoin drops it is gonna be a heavy bearish price for this coin , it is on the daily order block i& it can go on both side from this level
THETA. 1.3334. LONGThe token looks pretty strong. Yesterday was closed under the high bar, the buyer holds the price without rollbacks. There is a clear area ahead.
Theta Token | Altcoins Market DynamicsWhile some altcoins will go ahead and start their bull-market now, meaning that they won't comeback to hit new lows until after 2025; some other altcoins are only producing a short-term bullish move. Let me explain.
Some pairs are trading really high up, these are just a few and mainly the big projects. They are trading at the same price at which they traded around March 2024. These are set to crash, the correction is not over for them.
Others are trading at "baseline." The price at which they traded at in January 2024. While this is a strong support, it still isn't low enough for the start of a major, full-blown bullish phase. These are medium sized projects based on their capitalization. Theta Token is an example of those.
Then there are those small cap., less known projects hitting all-time lows. This are good long-term.
THETAUSDT can produce a strong wave here but be cautious that it can drop just as strongly in 1-2 months. They can rise, just to comeback down to produce one final major low before maximum growth.
The size of this bullish wave can vary, but this is a fair warning if you are looking at the altcoins market to get in and get out before the major bull-market.
I am sharing charts from all these sections of the market, the big, the medium sized and the small cap. ones.
I hope you find this information useful.
This is a bullish pair.
Namaste.
THETA — Another One To Run Soon?When I did my last THETA review a couple of weeks ago, I was quite bearish on it.
Things can change quickly. Here are the facts:
• THETA's chart looks similar to other tokens that pumped massively (e.g. FTM)
• It found a local bottom slightly below the consolidation zone.
• The token is trying to break out of a long-term downtrend (since March).
• At the same time, THETA breaks above its consolidation zone.
What to expect?
A close above the 1.26-1.27 level could initiate a rally toward $1.85. In March, it took THETA only 3 days after its breakout to go from 1.26 to 1.85.
My approach:
• Wait for a close above the level on the daily chart.
• Enter a trade with a tight stop loss at 1.20.
• First take profit at 1.50
• Second take profit at 1.84
#THETA LONG THETA looks good for a bounce on the weekly TF and on the lower TFs we are forming HHs and HLs. Expecting a push up here
Theta Cup and Handle!!!Theta Cup and handle has formed. After a very strong wave 1, price has retraced 88% to the top of the Accumulation channel forming a Cup and Handle. Cup and handle formation has a 95% probability of bullish momentum. Target for this swing trade is 19 usd at the final 1.618 extention of wave 3. Theta is currently breaking out of a falling wedge that can be seen on a linear scale chart.
THETAUSDT 1DTheta ~ 1D
#Theta The need to get out of this downward channel.
A good decision for this Token, Buy it when it breaks through the resistance line of this descending pattern.
#THETAUSDT#THETAUSDT
MYX:THETA
Going exactly as expected, price broke the support level at $1.6542, and tested it as a resistance and currently dipping further, expecting this dip to push down to the support level at $0.5694
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THETAUSDT - Great Long Term Buying LevelsBINANCE:THETAUSDT is has retraced in a bullish trend on weekly timeframe. I am expecting the bullish trend to continue and for price to find support to continue the bullish momentum! I am buying at current price with stop loss below major lows on weekly timeframe.
NYAN/USDT NEW INCREASE VOLUMENYAN/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
We are in a main market where panic is active.
When this coin can confirm we will follow it further for trend follow.
This update and all our updates are not trading advice, Trading can always be risky.
Let's hope the best trades for everyone❤️
THETA/USDT is going to increase even more!THETA TOKEN / TETHERUS
As you can see THETA/USDT is in a Falling Wedge but the break out has not happened yet but there are bullish divergences on both MACD and RSI indicators that shows us the expected bullish movement is more likely to happen but as you can see the MACD line is under the signal Line of MACD indicator so we can expect a little bit of correction before the bullish movement happens. the expected bullish movement is as much as the 2.3$!!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Theta - Textbook IHS in the makingJust found this nice setup on Theta, really speaks for itself: IHS on daily chart, held yearly open, trendline break, what more could one ask for?
Target as shown in the chart, opened a long at current levels, invalidation below right shoulder.
Stay safe!
Target 2.5Following daily chart, got a long signal from my indicator.
Expecting a breakout here.
TP1 1.63 - which I'll follow and close my position. ( around 8% gain)
TP2 2.1 - which is cup & handle target
TP3 2.5 - which is falling edge break target.
I am not sure for TP2 and TP3 because my strategy is mostly based on correction and for TP2 and TP3, we need to breakout 2 EMA's on the chart, which is sometimes hard. If it break, you can follow TP2 and TP3.
I'll close under 1.37 but following indicator to stop.
What are your thoughts?
THETAUSDT it sell time thetausdt looks very bearish its time to sell. It is making LH and LL in 4hrs trend.
THETA: Rejected Again — Break Out Will Lead To 20% GainsTHETA trades in a long-term downtrend that was initiated in March 2024. Since then, the token has made several attempts to break out but has been rejected every time.
In the last ten days, THETA has made four unsuccessful attempts (on the 4H chart). Currently, THETA is back at its support level of 1.47. A bounce from here would directly lead to another breakout attempt. Conversely, a dip would lead to a level of 1.36.
In case of a breakout, THETA should be good to run 20% to 1.85. A break of this level would immediately bring $2 to the table.
However, if THETA breaks out, it is essential to wait for confirmation on a higher timeframe or—even better—for a re-test of the level. It would be surprising to see a breakout of such a long-term trend without a re-test.
SHORT POSITION THETA/USDTwe can enter the short position at the specified entry points.
It is clear that risk management is followed.
THETA — Trying To Break Out Of Long-Term Downtrend!Today, Theta is up more than 6% and is about to challenge its long-term downtrend resistance again. A break and confirmation opens the space for a 20% run.
Since Thursday last week, Theta has been up almost 15% and trades right below the major downtrend resistance. This downtrend has been valid for five months and represents a major hurdle.
Since April, Theta has made several attempts but has been rejected every time. A break above this level signals a strong bullish momentum. Once confirmed on a higher timeframe, Theta can quickly rally 20% toward its next resistance between 1.85 - 1.9.
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Buy and hold thanks me later $THETA Buy and hold thanks me later MYX:THETA also futre trader can trade but swing and mange ur risk
Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase:
1. **Understand Accumulation Phase**: In the Wyckoff method, accumulation is the phase where smart money (large institutional investors) starts accumulating shares while prices are low. This phase typically occurs after a prolonged downtrend.
2. **Identify Accumulation Zones**: Look for areas on the price chart where the price is range-bound or shows signs of consolidation after a downtrend. These zones often exhibit decreased volatility and relatively low trading volumes.
3. **Analyze Volume**: Pay close attention to volume patterns within the accumulation zone. Look for decreasing volume during the downward move and increasing volume as the price starts to stabilize or move sideways. This suggests that smart money is accumulating shares.
4. **Study Price Action**: Analyze price action within the accumulation zone. Look for signs of absorption where the price remains stable despite selling pressure. Higher lows and lower highs can indicate that buying pressure is building up.
5. **Confirm with Indicators**: Use technical indicators like moving averages, relative strength index (RSI), or accumulation/distribution indicators to confirm the strength of accumulation. These indicators can provide additional insight into the underlying buying pressure.
6. **Wait for Confirmation**: Wait for confirmation before entering a trade. Look for a breakout above the accumulation zone accompanied by a surge in volume. This confirms that the accumulation phase is ending and an uptrend may begin.
7. **Set Stop Losses**: Place stop-loss orders below the accumulation zone to manage risk. If the price breaks below the accumulation zone, it could indicate a false breakout or a continuation of the downtrend.
8. **Monitor the Trade**: Once you enter a trade, monitor it closely for signs of continued accumulation or distribution. Adjust your position or take profits accordingly based on changing market conditions.
9. **Consider Multiple Timeframes**: Analyze multiple timeframes to get a clearer picture of the overall market trend and the strength of accumulation. Higher timeframes can help confirm the validity of accumulation patterns observed on shorter timeframes.
10. **Practice Patience and Discipline**: Trading during the accumulation phase requires patience and discipline. It's essential to wait for clear signals and confirmation before entering a trade, and to stick to your trading plan once you're in a position.
Remember that trading involves risks, and it's important to conduct thorough research and practice risk management to improve your chances of success. Additionally, studying historical Wyckoff accumulation patterns and observing real-time market behavior can help refine your trading skills over time.
THETA - Set for a +50% Rocket Ride?We’ve had an interesting move with a retracement to the Fibonacci 0.618 level and it looks like a head and shoulders pattern is forming.
Fibonacci Retracement: The price has retraced from the entire wave down to the 0.618 Fibonacci level.
Head and Shoulders Pattern: A head and shoulders pattern seems to be forming, which could lead to a significant price movement if it plays out.
Long Trade Setup:
Entry Points:
Immediate Entry: Consider entering a long position now at the current price level.
Confirmed Entry: Alternatively, wait for a break above the right shoulder and confirm with volume before entering a long trade.
Potential Gain:
Target: If the head and shoulders pattern plays out, we could see a +50% move towards the 0.618 Fibonacci level again.
Volume Monitoring:
Confirmation: Watch the volume closely to confirm a real breakout before making the trade.
Ready to catch the Theta wave? Let’s see if we can ride this setup to some serious gains!
THETA/USDT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The weekly chart for THETA/USDT showcases the continuation of a downtrend, with a significant support level at $1 and a lower support at $0.576.
The current price is facing the 50 EMA resistance, and the action indicates that THETA will test the support trendline and then rebound.
THETA must break above the resistance trendline at $2.5 to continue a higher rally targeting the all-time high level.
Key Observations:
- Primary Support: $1.
- Lower Support: $0.576.
- Primary Resistance: 50 EMA ($1.612).
- Higher Resistance: $2.5.
DYOR, NFA.
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THETA — Volume Needed To Tackle Upcoming Resistances (And PropelFind out everything about THETA's latest performance, possible trade setups, and crucial levels to watch!
Like many other tokens, THETA found its local bottom between $1.20 and $1.25 and bounced nicely from it.
However, despite the recent positive performance, I don't consider THETA an asset to trade yet. Here are three things that have to happen before an entry makes sense.
Continuing Downtrend
THETA is still trapped in its downtrend that started in March 2024. All attempts to break out have been unsuccessful so far. Just yesterday, THETA made a fresh attempt that was rejected immediately. As long as THETA trades below this trendline, I don't consider a long entry.
EMA200 As Additional Resistance
At the same time, THETA trades below the EMA200. If you follow my content, you already know I consider this indicator crucial. It can be overruled by bullish momentum, but I don't see this in terms of THETA yet.
Resistance Zone At $1.80 - $1.85
Once THETA breaks out of the downtrend and jumps above the EMA200, it faces a significant resistance zone immediately before it gets some room to breathe.
Technical Indicators
THETA shows a mixed bag of technical indicators. However, since many momentum indicators show oversold signals due to the recent price increase, one can doubt that the abovementioned resistance will be immediately smashed.
Trade Signals
On higher timeframes, THETA has no valid trade signals (neither bullish nor bearish). On lower timeframes (4H, 1H), THETA printed some bearish signals. However, I wouldn't overestimate these signals.
What-If!
Given that THETA manages to 1) break out of the downtrend, 2) jumps above the EMA200, and 3) smashes the resistance (optimally second by some bullish trade signals) I will consider a long trade.
Since the next more significant resistance sits at $2.50, the trade's first profit target would have a potential of 30%.
The Challenge
As promising and intriguing as the above What-If scenario sounds, I see one major hurdle: volume. THETA's trade volume has been constantly decreasing since the spike in March. Even during times when the market saw considerable pumps, THETA's volume remained at a low level. In order to tackle the above resistances, THETA requires a volume push more than anything else.
BINANCE:THETAUSDT
THETA/USDT - JUNE 2024The market correction presents an opportunity as panic selling begins. We've been patiently waiting for the right moment to buy, and now it's here! If you saw my last chart on THETA, you know we successfully closed with around a 140% profit earlier this year. THETA is back on my watchlist, returning to the breakout level of our last trade. It looks like the perfect time to prepare for the next big move.
This is a mid-term trade, focused solely on the SPOT market. While there may be some volatility, I believe holding altcoins in SPOT is relatively safe. Many will miss out on these opportunities as they get liquidated on their leverage trades. Let's seize the chance while we can!
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It's crucial to manage your funds wisely. If the market loses the main support area mostly on weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts—temporary drops that regain support—providing opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
