Expecting breakout in cryptocurrency This coin is expected to give as it is on the verge of resistance breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
THETAUSDT.PS trade ideas
$THETA local resistance 7.9 - 8.5 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
THETAas market gonna pump the high Mcap coins so imo THETA should not left behind and will lead to new ATH soon.
Falling wedge already brokeout and retested nicely.
targets are : $25, $60-70
Not financial advice.
I m not posting more charts frequently as I dont like much writing in description and due to change in tradingview policy we need to explain a long.
THETA/USDT: 2H Timeframe LONGTHETA/USDT: 2H timeframe, Divergence identified, will only long above the green line, with the targets & stoploss mentioned in the chart.
💡Don't miss the great buy opportunity in THETAUSDTrading 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 support.
. The RSI is at 51.
Take Profits:
TP1= @ 7.528
TP2= @ 8.538
TP3= @ 10.099
TP4= @ 11.338
TP5= @ 13.195
SL= Break below S2
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32% GAINS DON'T MISS THIS OPPORTUNITY THETA extremely bullsih above the resistance of $6.3, 32% GAINS INCOMING BABY
THETA-USDT(Descending Channel Formation)Theta aims to decentralize video streaming, data delivery and edge computing ecosystem and is on a mission to make contemporary video streaming more efficient, cost-effective by means of an inclusive monetization model whereby viewers receive better quality streaming service, content creators enhance their earnings and video platforms save money on building infrastructure and get a chance to increase advertising and subscription revenues.
Being a blockchain, Theta allows Dapp developers to build their projects on top of its blockchain. At the time of writing, the Current Market Price of Theta coin is $6.96. Theta has witnessed a 24 Hr volume of $473.6 Mn and 61.5% of the total circulating supply is staked on the network. These stats encourage the investors that the nodes believe in the growth of the network and builds trust among the investors.
On the Daily Time Frame, Theta has been trading in a downward trending channel whereby on June 14, 2021, Theta gave a False Breakout from the channel, it faced resistance at the level of $9.7 and is back in the channel at the time of writing.
The immediate resistance to the higher side is present at $7.85 followed by the level of $9.65. If Theta gives a daily close above the level of $9.65, it may move higher to the level of $12.2.
The support to the lower side is present at $5.81 followed by $4.69 respectively. Theta being corrected to 0.786 Retracement level from its All-Time-High presents an Investment opportunity if it comes down to the support levels.
POSSIBILITY GO LONG, Inverse h&s pattern and bullish divergence can be an exit from the ASCENDING* Triangle Pattern. LETs hope Bitcoin doesnt shit the bed.
Buy Theta/USD Theta Launch Mainnet 3.0Hi,
Theta Mainnet 3.0 will Launch in 21 Days (June 31).
Theta is Great Project in Video Streaming Industry. They Aims to view us Best Video Quality in Low cost.
You can Stake your Theta Token in their own Guardian Node and Earn Tfuel token.
Its Good time to buy and hold for long time.
Expect Profit 50% to 100%
Thank you.
THETA short term 15-25% profit$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$.
As at time of publishing idea the RSI is tending to move downward so wait we can get a lower price, but can buy anywhere bellow 9$.
Not a financial advisor.
[Crypto] THETAUSDT Channel Trade"Wise Men says, Only Fools rush in."
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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THETA for Long TermTHETA 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 project turns to a success.
Theta/usdt binanceTheta possibly forming bull flag, if we breakout then targets arround 14 - 14.5 usd.
