#Theta scalp zone with sup. & resis. 4hr TF, finally we break the heavy resistance trend line now we wait for retest then i personally go long. I am not giving you any financial advice just raed the chart for your knowledge
Theta coin is forming a descending triangle pattern and a normal triangle. I have mark all trendlines and support and resistance area.
We can buy above 10.585 and project the target for the 15 dollar with the stop loss of 8 dollar.
Thanks
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.258).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. THETAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
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...
$THETA is in accumulation in converging triangle or say Bermuda triangle. If we break out the smaller triangle with volume then there can be a max of 28% pump..
Entry at below 9 and take profit 10.5 1st Target and max to 28% from breakout or say 12$.
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...
