Theta/BTC 💥🔥Theta has broken a 50-day downtrend and is ready to move higher. Its resistances and goals are plotted in the diagram. If the price stabilizes above the downtrend line, it is suitable for entry.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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THETABTC
Theta token analysis* Theta token in daily time frame forms a Descending triangle pattern, with the above trend-line working as the resistance for the price and it's major support near $3.500.
* Currently the price is in a tight consolidation between, a Horizontal line as a support near $5.500 and the above trend-line.
* If the price breaks the above trend line we can expect a bullish move till TP1 = $7.200, TP2 = $8.600
* And if it breaks the $5.500 level it will back to it's major support.
MUST BREAK LEVEL FOR THETA!!Theta has been stuck inside a downtrend channel since around the end of march and has been unable to fully breakthrough out of this channel, the most we have seen is a few wicks above the channel, if we want to see theta go on a big run here we will need to see a break of a few key levels, first the top of the descending channel, the 0.2 FIB level which is lying directly above the top of our channel and then finally the first point of resistance coming from the pivot points. we have actually crossed the bullish pivot point but not by too much, our candles recently have been sitting almost right on this point and i feel we gotta make a move upwards soon before we risk falling back below this level. Looking at the bollinger bands a very key thing that could happen would be price action grabbing onto that top band and going for a rollercoaster ride upwards, which i think would completely blow us right through these few key points i was talking about, in order for that to happen though we need to atleast breakthrough the top of the descending channel, once that is done the top bollinger band will be right in our reach! Looking at the MACD we are seeing good separation within the MA's but i notice the blue ma is starting to come down a bit towards the orange, now this is very important because if we don't see a bounce on the MACD due to a runnup in price we are playing with a possible bearish cross which could definitely set us back even more, we could start to see a little bear cycle on the MACD if our histogram continues to shrink the bars its printing! Not financial advice just my opinion!
Theta Network (THETA) - August 2Hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a nice day.
-------------------------------------
(THETAUSD 1W Chart)
If the price holds above the 2.94376146 point, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 7.16779511 point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 4.32667899-6.46370407 range, it is expected to turn into an uptrend.
In particular, it remains to be seen if the 6.46370407 point is above the point and can make a move to break through the 8.60072915-9.66924163 section upwards.
If it goes down, you should check to see if it finds support at the 3.25816651-4.32667899 zone.
-------------------------------------
(THETABTC 1W chart)
If the price holds above the 7534 Satoshi point, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 12434 Satoshi point, it is expected to create a new wave.
(1D chart)
If the price is maintained in the 12371 Satoshi-16144 Satoshi section, it is expected to turn into an uptrend.
In order to continue the uptrend, it must rise above the 18031 Satoshi point.
If it falls from the 12371 Satoshi point, the support section is weak, so you can touch the 6710 Satoshi-8797 Satoshi section.
Accordingly, careful trading is required.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
THETAUSDT LONGSalam dustan
THETAUSDT Futures
in tahlil baraye futures hast
thetausdt tuneste bad az kaheshe gheymat yek channel tashkil bede k bad az khoruj az channel yek continuation dar time frame 5m tashkil dade
dar tahlil price action in olgu be samte bala rafte ta high price yani top ghabli
nazare shoma chie???
agar ba man movafeghid LIKE konid
Por sood bashid
Theta Network (THETA) - July 14Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(THETAUSD 1W Chart)
If the price is maintained above the 2.94376146-4.33578821 section, we expect the uptrend to continue.
In particular, it is important to see an uptrend along an uptrend line.
(1D chart)
If the price is maintained in the range of 4.41735896-6.59972404, it is expected to turn into an uptrend.
In particular, we should watch to see if we can move up along the uptrend line.
If it falls in the range of 3.32617649-4.41735896, it is possible to enter the mid- to long-term investment area, so careful trading is required.
I expect the uptrend to be limited before breaking out of the two downtrend lines.
-------------------------------------
(THETABTC 1W chart)
If the price is maintained above the 12434 Satoshi point, it is expected to create a new wave. (Mid to long-term perspective)
(1D chart)
It turned into a downtrend as it fell in the 17437 Satoshi-19486 Satoshi section. (Short-term and medium-term perspectives)
If the price is maintained in the 12434 Satoshi-13341 Satoshi section, it is expected to turn into an uptrend.
In particular, it is important to see an uptrend along an uptrend line.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
THETA AnalysisTHETAUSD is approaching a crucial point, it will likely break to the upside from this dominant position above the mean trendline of the current run
This breakout theory is exacerbated by the BTC pair which is retesting the top of a falling wedge, which is quite bullish for price and will likely result in a large bounce
I have not looked much into THETA technicals, this is my first analysis of the coin..
Theta Network (THETA) - June 27Hello?
Traders, nice to meet you.
Follow to get new information quickly at any time.
Please click "Like" as well.
Have a great day today.
-------------------------------------
(THETAUSD 1W Chart)
Because the wave is not completed, you can see the supporting section.
However, if the price is maintained above 4.33578821, it is expected to continue the upward trend.
(1D Chart)
We need to see if we can keep the price at 6.59972404-8.78208911 and get out of the downward trend.
If it falls at 6.59972404, Stop Loss is needed to preserve profit and loss.
However, careful trading is required because it can rise along the rising trend line.
---------------------------------
(THETABTC 1W Chart)
We need to see if we can continue the upward trend with support from 18665 Satoshi-20984 Satoshi section.
(1D Chart)
We have to see if we can continue to rise along the upward trend line.
If it falls, make sure it is supported by the Satoshi section 17437-19486 Satoshi section.
If it falls from the 17437 Satoshi branch, Stop Loss is needed to preserve profit and loss.
------------------------------------------
It's better to make a deal that matches your average unit price.
This is because if the price is below the average unit price, which has been on the rise and falling trend, there is a high possibility that the psychological burden will not make a big profit.
The center of all transactions starts with the average unit price at which you start trading.
If you ignore this, you can proceed with the transaction in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and control the portion of the investment, ultimately allowing the funds to generate revenue on their own.
---------------------------------------------------------------------------------------------
** All indicators are posterior indicators.
Therefore, you should be aware that the indicators move according to the price and volume of transactions.
I'm just talking upside down for an interpretation of the indicators for convenience.
** The wRSI_SR indicator is an indicator created by adding settings and options from an existing Stochastic RSI indicator.
Therefore, the analysis is the same as the existing Stochastic RSI indicator. (K, D wires -> R, S wires)
** The OBV indicator was re-created by applying the expression DepthHouse Tracking, which is an indicator released by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee gains or losses on investment.
Abbreviation description shown in chart
R: A point or section of resistance that requires a response to preserve revenue.
S-L : Stop Loss Point or Section
S: Points or intervals that can be purchased to generate revenue from support points or intervals
(Short-term Stop Loss is a point where a split transaction can preserve gains or losses or further entry. It's a short-term investment perspective.)
GAP refers to the difference in prices that occurred when closed because the stock market, CME, and BAKT exchanges do not trade 24 hours a day.
G1: Closing price when closed.
G2: Poetry at the opening.
(e.g.) Gap (G1-G2)
THETABTC Potential Long @ 0.00024000THETABTC Potential Long @ 0.00024000, upon successful retest of the 200MAs with strong candlestick and volume confirmation.
Hi guys, this is OG back with another cryptocurrency update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below.
Check out my technical analysis videos for more in-depth analysis and trade setups for Bitcoin, Ethereum, and Altcoins.
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THETA - Consolidated (As you asked)THETA has consolidated enough on this price range
Meaning that if we get a little more support we can pass this resistance shown on chart. Also if the price doesn't get any support, it might fall to the lower price range which I've shown on chart.
I'm more positive about the pump because indicators are showing strength and also trading platforms are showing high Buy volume which supports this pump as it should.
Current Market Price: $8.832
Good Luck
Tell me your ideas. Like and Share
THETA-BTC-DESCENDING WEDGE (daily view)Hello traders and investors!! So great to be here today, let's take a little journey and examine THETA📉👇👋
Price touched rims of wedge 4 times, and on the 5th bounce we broke the pattern and exited the wedge.😎
Now I see it possible that we can go to our targets.
QUICK REMINDER 😄🤨📌
Make sure to always use a stop loss 🤚🛑💲 when making trades.👏🆗👌
Consider we may get rejected here, rooting for the bulls.. here is why ⏬⏬⏬⏬⏬⏬ :
Call me crazy, but I have seen Theta pump when BTC is bearish🐻👍, im not missing out on this possibility.
(This chart is different than THETA USDT or USD, we are seeing bullish candles because this chart depicts THETA in relation to BTC price.. BTC dropping, THETA is stronger than the correlational effect that BTC has on it's price.)
This analysis is technical approach. I always recommend considering multiple factors when making any trade!
THETA mainnet launch was recently pushed to JUNE 30th (this month.) This is huge news for THETA and T-fuel .
Let's see and always remember ⏬⏬😉🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you for reading and trade safely!!!!
Jazerbay ☯
Theta Network (THETA) - June 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(THETAUSD 1W Chart)
If support is found above the 7.12330856 point, we expect the uptrend to continue.
(1D chart)
We should see support at the 8.78208911 point and see if we can move above the 9.87327158 point.
If it falls from the 6.59972404 point, Stop Loss is required to preserve profit and loss.
-------------------------------------
(THETABTC 1W chart)
It remains to be seen if the price can be maintained above the 18665 Satoshi-20984 Satoshi section.
Since it touched near the 12434 Satoshi point and rose, I think the possibility of a second wave of an upward wave falling below the 12434 Satoshi point is open.
If the 12434 Satoshi point is falling to find support, it is important to see if it can move up along the uptrend line (1).
(1D chart)
We will have to wait and see if we can move above the 25631 Satoshi point along the uptrend line.
If it falls from the 17437 Satoshi point, Stop Loss is required to preserve profit and loss.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
ThetaBTC going long Theta just broke out again in BTC pair... target is set measuring the pole without the wick, although we could be witnessing a new ATH for Theta this time, but still I am playing it safe here.
What do you think? Will there be a new ATH record here, or will BTC volatility cut it short?
Theta Network (THETA) - May 22Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(THETAUSD 1W chart)
(1D chart)
It remains to be seen if it can rise above the 6.75133141 point along the uptrend line.
If it falls this way, you can touch the 4.33578821 point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 8.78208911 point and be supported.
The next volatility period is around May 25th.
--------------------------------------
(THETABTC 1W Chart)
(1D chart)
We must see if we can quickly ascend above the 17437 Satoshi point.
If it falls this way, you can touch the 13341 Satoshi point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 18665 Satoshi point and gain support.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
THETA - ready for the next move !!THETA seems poised to make the next move !
It has been correcting for 2 months now and is making ping pong in a horizontal channel.
On a sentiment level we can see that when THETA reached these levels (marked by the red vertical lines) the price shot up again.
Watch out !! The next move may have already begun !!
THETA - Risky (As you asked)Most of the time I can do a trading setup for coin easily, but this time I tried to find a setup for THETA but it's really not worth it.
The whole THETA market looks bearish and risky. so I'm just gonna tell your about the support and resistance areas.
There is a small support line on the chart which might keep the price up, but if broken: the price will land on the "main support" area.
and also the same for the resistances... The price might cross the local resistance if the volume builds it up but it will definitely have a difficulty crossing the main resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅