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Theta Token / TetherUS

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THETAUSDT trade ideas

There is a possibility of retesting the resistance!THETA had a range trend during the last week. After the selling pressure, the price of THETA broke the support of the $1 range and pulled back to this resistance, and is still decreasing and moving towards the lower support intended for it. The support is located between $0.765 to $0.590, and if the price hits this area, it can bring a positive reaction. In the daily time frame, we see a correction wave with 38% correction, which considering the price reaction to this range, we can still consider the power of sellers to be higher. Therefore, the minimum we expect is a retest of the previous support level in the range of $0.85. Also, we can see a range trend in the 4-hour time frame. Before the price continues to fall, there is a possibility of retesting the resistance in the range of $0.95 to $1. Because in the 1-hour time frame, the ascending trend line has broken down, and in the event of divergence, the probability of falling to the supports increases. The additional point is that the current resistance that the price reacted to in the last candles also overlaps with the midline of the descending channel and has great power to push the price back toward the supports.
by MonoCoinSignal
2
Theta Network RiskWe read charts and we read signals. We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains. When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great. Look at Theta Network (THETAUSDT) now, bottomed out. If one is smart and do decide to buy after doing their research, the stop-loss can be at tight, at 10-20%... And if you get it right and the market turns... You can be looking at 40%, 60%, 90%, 150%, 200% or more on the way up. That's the beauty of trading cryptocurrency or anything for that matter. We have a maximum risk of 100%. But the potential profits have no limits... And we know that crypto grows 10, 20, 30x on bullish cycles. A few Xs in every bullish wave. Of course, there is no need to risk 100% ever. A tight stop-loss as mentioned before, limits your risk to 10-20%. So you only need to plan, win a few ones and many can go wrong and you still win in the end. We have to be smart though... We have 4 daily candles closing green. The trading volume is still low, nothing is yet confirmed. But after a lower low, short and long-term, with bear volume going lower and lower... We know for sure that soon the market will turn. How you approach it is your own choice. I am just sharing my thoughts. This is not financial advice. Thank you for reading my friend. Happy weekend. Happy holidays. Thanksgiving, all that stuff. I love you. Namaste.
Long
by AlanSantana
2
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for THETAUSDT There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by Javier177
3
THETAUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for THETAUSDT There is R1 as our resistance area that expresses the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance line and S1 used to be another resistance area of our chart. Hence, we have the fluctuation of price below R1 area and we expect it to reach the mentioned area. At this point, if the price is capable of fluctuating and fixing over R1, then we can predict more rise for it. But if it is rejected at R1, we should wait for a decline down to S2 or even lower amounts. We suggest you to consider every piece of information and also be attentive to different ideas in order to have less risky trades. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
4
THETA - Bearish breakdown?In this study on THETA, you will note the breakdown of the longer-term consolidation over the past two weeks, as THETA has broken through support at $0.95 to form a bearish triangle that also looks to be breaking down. A Fibonacci projection of this drop below support of the longer-term channel presents a few targets; $0.748, $0.648 and possibly $0.485. Do you think we could get a 30% drop, or more, in the value of THETA? Will this be the final drop to exhaust sellers and conclude the bear market?
Short
by Crypto-Swing
+50% Spot Long Position on THETA/USDTThe movement of THETA has been rightly similar to what we expected in the past, and due to the strong fundamentals of this project, it is also in the category of our main choices for future investments. This currency is now in the upper limits of its initial upward trend, which can prepare itself for the next upward move with a small correction to the specified Fibonacci ranges, which will also be a big move. Therefore, we suggest that you look for buying in the upcoming correction and add Theta to your investment portfolio.
Long
by SasanSeifi
3
THETAUSDTHello Dear friends Currently, the price is in a long-term descending channel. The positive divergence of RSI has also been issued for us in the daily time frame. But on the lower time frames, our resistance range is still in place and the upward trend has not been placed above the $1.296 range. On the other hand, the upward trend line has broken down and the price range of $1.236 is on the way, which is an important area. As a result, we expect to react to this range and form a corrective trend up to the area of $1.085 and $0.989. We would be happy to hear your comments
Short
by FiboTech
4