THETA NETWORK!It's not necessary to talk a lot about this Youtube, Twitch, Netflix... metachain, so will go directly to talk about price.
After seeing how insiders manipulated the price of BTC (with provided proofs) and it didn't go to the natural retracement zone (0.618 Fib), I forcedly became bullish. We can see now another possible bullish pattern. We just need BTC to go up so Theta can break it upwards.
Theta
THETA/USDT Break Alert! it required bounce to continue movement💎 THETA has certainly captured the market's attention. At present, THETA has impressively surged past the supply zone, marked by a robust green candle accompanied by significant volume. However, upon encountering the major supply area, THETA faced a notable rejection.
💎 This suggests that THETA might be gearing up for a retest at the demand zone, which previously served as a supply area. There's a likelihood that THETA could either bounce from this point or swiftly resume its upward trajectory, Probability aiming for our designated major supply target.
💎 On the downside, if THETA struggles to uphold the demand zone and dips below, it could indicate a false breakout, pushing THETA back into its previous accumulation or consolidation phase. This would spell a bearish trend for THETA, with potential moves towards its primary support levels.
THETA - Next Step is BullrunHi All,
Here a new analysis.
I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph .
I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone!
We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave that I'm gonna focus during the next months.
This wave should be made up of 5 sub-waves (fuchsia color). I think the first sub-wave is over and maybe the second sub-wave has been over also. If so, we're going to have a nice pump in the next few months, maybe weeks.
Plan:
- Trying to sell the top 3 sub-waves (To be determined);
- Trying to buy the bottom 4 sub-waves (To be determined);
- Tying to sell the top 5 sub-waves (target 1: 24$ and target 2: 257$).
Let's get the ball rolling!
Stay safe!
PS: it's not a Financial Advice. Only my plan.
🚧THETA is Bullish now🚧 & many Traders don't see it 👀!!!THETAUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
I hope you make good money in these exceptionally good days🤌
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Important support and resistance areas : 0.713-0.774Hello?
Hello traders!
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(THETAUSDT chart)
The key is whether the price can be maintained by rising above 0.929-1.341.
(1D chart)
To do so, it is important to be able to receive support and rise in the 0.713-0.774 range.
Since the M-Signal indicator on the 1W chart is passing around 0.697, it is necessary to check whether it can receive support around 0.697 and rise above 0.713.
If it falls below 0.635, there is a possibility of a new low, so caution is required.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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THETA Daily Looking BullishThis is a daily line chart of THETA and looking at the wave trend oscillator we can see as price has been coming down for the past weeks money flow has been rising and the wave trend also pushing up.
Current Trading Plan
3-5% stop loss invalidation area from our current level
Target 1 will be top of our fair value gap approximately 12% higher at .710
Target 2 will be just below our last unbroken local swing high approximately30% higher at .825
I have included a TP 3 if feeling really bullish approximately 70% higher at the POC of this bottom price range at 1.08.
Trade Well......
THETA is THE TIME now? 12-hr view.I have been seeing Theta in top LunarCrush coins for a while now, today's it's #1. Decisive break of 50 RSI combined with 14MA on RSI coming up on the 50 level evenly. Out of the cloud to the upside. 13 EMA finally crossing the 34. Look for a hit of the 144. Added a stacked channel that we are inside of currently. Watch for attack on top of this channel @ 0.683. SL @ 0.607.
THETA LONG TERM analysis ⏰theta MYX:THETA :: strong project #dyor
Old good project used in meta+ai which helps in future generation ☺️
BUY :: $0.34-44
Month Below $0.19 ( invalid ⚠️ ) #sl
Sell :: $1.5 - $3.7 - $6
Not expecting above $6 but trend and money flow increase breaking $12
Lead to $26 & $38
#principaltrade :: $2
Navigating Resistance, Reacting to DowntrendsOver the past month, THETA has consistently decreased in value. We noticed that when the price reached around $0.86, it encountered a strong resistance level, which indicated a point where there was an excess of supply. As expected, the price reacted negatively when it reached this level again. This negative reaction was particularly pronounced during the second instance of encountering this price range, allowing buyers to make a profit.
Adding to this, the price decrease coincided with a general market downturn, leading to a significant drop. This drop was substantial enough to break through the support at the $0.72 range. The price then dropped to the lower boundary of a medium-term channel. Interestingly, it reacted positively when it reached a static support range of $0.60 to $0.57.
To gauge the potential for a shift in the trend, it's advisable to monitor the 4-hour time frame for signs of an upward trend reversal. Presently, the prevailing trend is within a 4-hour range, which could turn bullish if the resistance at the $0.66 range is breached.
THETA 60% pump is incoming MYX:THETA :: short ⏰ period analysis 📌 #scalping
#rajcrypt0 #dyor #crypto
#futuretrade :: 3-4x :: risk high 📌
Buy :: $0.7-0.765 🟡 line
🛑 #SL :: day close below $0.67 ( red box below )
#sell :: $0.88 & $1.064 ( move stop 🚏 lose when target 1 reached )
Share and support 👻
Just short period set-up if this worked need to work on long term set-up 📐
📌
Upward Trend Faces Crucial ResistanceOver the past month, THETA has been on an upward trend, with persistent efforts from buyers to sustain this positive momentum. Initially, there was a negative reaction when facing resistance at the $0.77-$0.81 range. However, this resistance level has now transformed into a short-term support level. It's essential to note that there is a more significant and crucial resistance ahead at the current price range is $0.86 level.
Should the short-term upward trend line be breached, it could signal a negative development, leading to a potential decrease in the currency's value and a return to lower support levels. A relevant factor to consider is the Relative Strength Index (RSI) indicator on the chart, which is currently at 53 in the daily timeframe. This indicates that the market is not oversold or overbought but is somewhat balanced.
In case the mentioned support level is broken, the next support range to watch for would be at $0.71. This particular area might hold the potential for a positive reaction and could be a crucial level to monitor for potential market movements.
Theta/usdt Update Thetausdt
I am expecting theta price to face rejection here and retest again the channel support
The next channel support will decide next move of theta
All we have to wait for the next 2 candles for confirmation
Let's see
Note : Do your own research before taking any decision this is just an idea
If you are satisfied with our work kindly support us
Crypto By Ghazi
THETA/BTC - Theta Network: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the MYX:THETA / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.0000252 | 0.00002652 | 0.00002869, while substantial support zones are identifiable at 0.00002303 | 0.00002218 | 0.00002001. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.00002546 and setting sights on higher levels of profitability.
◰◲ General info :
▣ Name: Theta Network
▣ Rank: 54
▣ Exchanges: Binance, Huobipro, Hitbtc
▣ Category/Sector: Media and Entertainment - Content Creation and Distribution
▣ Overview: The Theta Network is a blockchain protocol for improving the process of creating, streaming, and consuming video content online. Theta Tokens are used in the network to incentivize users to act as peers who share redundant or excess computing and bandwidth resources with other peers. In June 2021, Theta Network added NFTs, e.g. trading cards of media celebrities, to the product portfolio.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00002546 ₿
▣ 24HVol: 9.556 ₿
▣ 24H Chng: 2.744%
▣ 7-Days Chng: 7.53%
▣ 1-Month Chng: 19.10%
▣ 3-Months Chng: -32.07%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000252 | 0.00002652 | 0.00002869
◢ Support: 0.00002303 | 0.00002218 | 0.00002001
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.31
▣ Last 90D: -2.02
▣ Last 1-Y: -0.11
▣ Last 3-Y: 0.86
◲◰ Volatility :
▣ Last 30D: 0.59
▣ Last 90D: 0.64
▣ Last 1-Y: 0.78
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.35 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish
▣ In-depth THETABTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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The key is whether you can rise with support in the 0.799-0.871 hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
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(THETAUSDT chart)
Looking at the 1M chart,
There is a possibility that a full-fledged uptrend will begin only when it rises above 1.127.
Looking at the 1W chart,
A rise above 1.336 is expected to initiate an uptrend.
In order to do so, it is important to be able to sustain the price by rising above 0.764.
The Bollinger Bands are contracting, but they are near the bottom, so trading with caution is advised.
(1D chart)
We need to see if we can keep the price above 0.660-0.714.
However, when it is supported and rises in the 0.799-0.871 section, it is a buying season.
1st: 1.127
2nd: 1.336-1.401
Split selling is possible when resistance is received in the first and second sections above.
If it falls below 0.660 and is resisted, it may fall to around 0.316, so countermeasures are needed.
If you buy because the price is cheap, you may need to wait for a considerable period because you never know when the trend will turn upside down.
Therefore, it is best to get a good idea of when prices are starting to rise and start buying near them.
To do so, you can look at the 1M, 1W, and 1D charts, identify the corresponding important sections, that is, support and resistance points or sections, and create a trading strategy tailored to your investment period.
The 0.799-0.871 section, which is the buying period mentioned above, corresponds to the section where buying is likely to start in that sense.
However, in the mid- to long-term, it is when the price rises above 1.336, and in the long-term, when it rises above 1.127, it is the time to buy.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Theta Network bullish move incoming? 👀 🚀Theta Today Analysis💎 THETA is primed for a bullish surge, as it's currently situated in a high-demand zone and is anticipated to break above the channel.
💎An intriguing observation is that it is maintaining a strong position above the EMA 50. If it manages to close another candle above , it would signal an opportune moment for trading.
💎The Box could see a price bounce-back. If the price breaks below this box, we could anticipate a downward move, with Support -1 and Support -2 serving as potential areas for this downward shift
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
⚖️OPTIONS TRADING: What are the Greeks?The Greeks are a set of mathematical measures used in options trading to assess and quantify various factors that influence the price and behavior of options.
📌 VEGA :
Vega is a measure of how much an option's premium will change in response to a 1% change in implied volatility. Implied volatility represents the market's expectation of the underlying security's future movement. When implied volatility is high, options tend to be more expensive, and when it is low, options are cheaper. Vega is particularly influential for options with longer expiration dates, as volatility has a greater impact on their prices. As an option approaches expiration, Vega decreases, while it increases as the underlying security moves closer to the strike price. Essentially, Vega is highest when the option is at-the-money and decreases as it goes out-of-the-money or in-the-money.
📌GAMMA
Gamma, represents the rate of change between an option's Delta and the price of the underlying asset. Higher Gamma values indicate that even small price changes in the underlying stock or fund can cause significant changes in the option's Delta. At-the-money options have the highest Gamma because their Deltas are most sensitive to underlying price movements. For instance, if XYZ is priced at $100.00 and a XYZ $100.00 call option is considered at-the-money, any price movement in either direction will push the option into either in-the-money or out-of-the-money territory. This high sensitivity to stock movement is reflected in the option's Gamma, making Gamma higher for at-the-money options.
📌THETA
Theta represents the theoretical daily decay of an option's premium, assuming all other factors remain constant. As time passes, options gradually lose value, and this loss is known as time value decay. The decay of time value is more significant as the expiration date approaches, particularly for near-the-money options. Theta does not behave linearly; instead, it accelerates as expiration nears. A higher Theta indicates that the option's value will decay more rapidly over time. Short-dated options, especially those near-the-money, tend to have higher Theta because there is greater urgency for the underlying asset to move in a favorable direction before expiration. Theta is negative for long (purchased) positions and positive for short (sold) positions, regardless of whether the option is a call or a put.
📌RHO
Rho measures an option's sensitivity to changes in the risk-free interest rate and is expressed as the amount of money the option will gain or lose with a 1% change in interest rates. Changes in interest rates can affect an option's value because they impact the cost of carrying the position over time. This effect is more significant for longer-term options compared to near-term options. Higher stock prices and longer time until expiration generally lead to greater sensitivity to interest rate changes, resulting in higher absolute Rho values. Rho is positive for long calls (the right to buy) and increases with the stock price. It is negative for long puts (the right to sell) and approaches zero as the stock price increases. Rho is positive for short puts (the obligation to buy) and negative for short calls (the obligation to sell).
📌DELTA
Delta is a measure that estimates how much an option's value may change with a $1 increase or decrease in the price of the underlying security. Delta values range from -1 to +1, where 0 indicates minimal movement of the option premium relative to changes in the underlying stock price. Delta is positive for long stocks, long calls, and short puts, which are considered bullish strategies. Conversely, Delta is negative for short stocks, short calls, and long puts, which are bearish strategies. A Delta of +1 is assigned to long stock shares, while a Delta of -1 is assigned to short stock shares. An option's Delta can range from -1 to +1, and the closer it is to +1 or -1, the more sensitive the option premium is to changes in the underlying security.
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#THETAUSDT Pullback: A Prelude to a Steep Price Decline💎 Paradisers, let's dive into the weekly chart of #THETAUSDT. Within the descending channel, it continues to validate the long-term downtrend. Last week witnessed #THETA reaching its lowest price since November 2020, marking a new lower low.
💎 Examining the current price action, we see that the weekly closing price has stopped out most buyers while triggering new sell orders. Although the probability of the downtrend persisting remains high, this may not be the optimal selling point. Typically, prices experience a pullback towards strong resistance levels, and in our case, that would be the $0.85 - $0.95 supply zone. As a result, smart bears are likely to await a correction before taking any action. However, we must also remain prepared for a swift drop.
💎 Overall, the downtrend could find support at two key zones: the 161.8% Fibonacci level at $0.33 and the previous supply area at $0.16. Looking at our downside targets, we anticipate a significant decline, possibly ranging from 60% to 80% from the resistance area. While this scenario holds a higher probability, we must not ignore the less likely outcome—a trend reversal to the upside. To initiate an upward movement, #THETA must confidently break above the $1.3 resistance level, supported by substantial volume and a weekly close above this threshold. However, for now, the trend remains heavily bearish.
💎 Stay alert and trade wisely, Paradisers! Your ParadiseTeam 🌴
THETA ANALYSIS 4H Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the THETA symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Selling Pressure and Seeks Support Amidst DowntrendTheta has faced significant selling pressure, resulting in the loss of support at various levels. These levels have now turned into resistance, causing the price to decline towards the midline of the descending channel. The main support range for Theta is currently considered to be between $0.760 and $0.780. However, the $0.83 support level has held strong, forming a double bottom pattern at this level and the midline of the channel. If this pattern is confirmed and the upper boundary is broken, we can expect price growth and the end of the correction wave in the weekly timeframe. Price targets are projected at $1, $1.08, $1.13, and $1.18. Breaking the third and fourth resistances, which align with the channel's ceiling, would require significant buying volume. The Relative Strength Index (RSI) is currently at 37, indicating moderate downward momentum for Theta.
THETA LONG IDEATHETA is sitting at support level, I'm making an aggressive entry at 0.878, Stop lost -5% (Spot) or -10% (2xLev), possible profits 24-48%. For better results you can wait for the break and retest of the falling wedge the Breakout entry would be around 0.918.
This trade was made for testing my strategy. Fell free to share your thoughts.