Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.425).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Hi,
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You can Stake your Theta Token in their own Guardian Node and Earn Tfuel token.
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Thank you.
THETA price appears to be bullish
Depending on the sweep of the local high at $10.6, Theta token could either go up or down.
Considering the state of the market, there's a high probability THETA will head lower.
Leave your thoughts in the comments!
Feedback or questions are appreciated.
DYOR
Not Financial Advice (FA)
$THETA is in accumulation in converging triangle or say Bermuda triangle. If we break out the smaller triangle with volume then there can be a max of 28% pump..
Entry at below 9 and take profit 10.5 1st Target and max to 28% from breakout or say 12$.
As at time of publishing idea the RSI is tending to move downward so wait we can get a lower price, but can buy...
THETA has about 9 events coming, 4 in month of June, 3 in September and 2 in December. You can invest in Theta networks and Theta GAS as well, try to accumulate from now as the price will surge at start of June. You can short it as well right now, but I will suggest to accumulate and HODL , as by the end of 2021 we assume this at 35-50$ by then if all of there...
Trading 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...
we see the price now is on 1.05 and its above the resistance level 0.58$ and it is also above MA 50
we see 2 positive buy signals on ENGINEERINGROBO , so it is a good opportunity to take a position in this trade
Looks like tfuel is at start of uptrend, but it is very hard to break a resistance at 0.01299.
if it breaks the resistance it will in uptrend for conformation it have to break resistance at 0.018,
we have key support at 0.0092 and 0.007
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- Theta/USDT is forming IH&S Pattern on 2-4 HR Timeframe.
- Break of neck line will confirm the pattern.
- Expecting a run of 10-13% after breaking neckline of IH&S Pattern.
- RSI also forming the same pattern.
#Theta
We are already active with Theta Token (THETABTC), I shared multiple charts and trades here for you throughout the months...
Now, we've entered the bullish phase, how much farther up can it go?
Honestly, I don't know...
But I can do some maths, some thinking and come up with some potential targets based on my experience with past history and past results.
...
Technical analysis:
. ThetaToken/Ethereum 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.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00050 to 0.00044). if so, traders can set orders based on Price...
