THETAUSD trade ideas
Risky Trade on ThetaBINANCE:THETAUSD
FTX:THETABEARUSD
Theta had a huge parabolic move of about 1,400% in the last 75 days, from about $0.04 USD to about $0.60 USD. And now, a big correction started two days ago.
The correction does not seems to be over, we had an initial down move, which I will call Wave (a), which clearly tracks 5 waves to the downside, and now it seems like we are making a bounce, which I will call Wave (b), which should consist of three waves, a,b,c, of which it seems we are missing wave c. After that, I will be expecting another 5-waves to the downside to complete Wave (c).
So, what I will try to do is to short around the $0.40 USD area this week, with a price target of about $0.20 USD. If I don’t get a chance to short around that area this week, I will not make the trade.
To do the trade I’m using my account in ftx.com , you can either go for the Futures, ftx.com , or the Bear Leverage Tokens, ftx.com .
On the ThetaBear Tokens, the idea would be to buy around $2,500 USD, and to sell them later at around $7,500 USD sometime next week. On the futures to sell at $0.40 USD and close them at $0.20 USD, 5X leverage max.
And since it is a risky trade, you are not supposed to put all your money in it.
Good Luck to You
THETA SYMETRIC TRIANGLE Watch out ! HOLD the THETA Before Explosion
The triangle is good looking
And people wants to push it !
THETA/USD- Potential Entry or Trap?Hopefully those who had positions in Theta managed to sell the top (or close to it)
If they did, are they now looking for a re-entry or have they moved onto the next option?
I wouldn't be in any hurry to jump in but strange pumps seems to be the norm in the current environment.
I'd prefer to see it closer to the 50/200 SMA so further retrace required.
Keep an eye on it and cautious entry advised if feeling brave. (Tight SL)
Any thoughts on entry price or whether to just steer clear altogether?
Bingaz.
THETAUSD Bear Elliot Wave CountFollowing the dramatic moves weve seen on THETA the last few weeks i thought il give it a go to chart this. To me looks like a clear impulse to complete a C wave of a flat correction . Bullish count would have this impulse as a larger wave 1, but would still mean we would see a hell of a correction. Be prepared if you are in a position right now.
Theta Fibonacci Retracement Theta has had a nice run up due to rumors with a huge parntership like Netflix, Youtube or Hulu. My best guess is that the top of the move is at 45 cents.
It would be wise to take some profits and focus on buying back Theta by laddering in at 0,618 Fib level (1st ladder in) and 0,768 Fib (2nd ladder in) and 1,618 Fib extension just in case there is a deep retracement
Theta Another Possible Breakout Before Mainnet Launchanother triangle pattern on Theta about to breakout just before Mainnet 2.0 comes out.
THETA Crypto Bullish Triangle / Pennant PatternTriangle / Pennant Pattern on crypto Theta. Has a recent history of breaking out to the upside, volatility on williams vix fix declining so my guess is breakout to the upside.
Previous divergence of vix lead to breakout to the upside not long ago. Current Vix Reading not quite diverging from price but nonetheless it is declining with the pattern forming.
ThetaUSDTheta update- trying to test .161
Closed my short position at break even and going to see if theta can continue this bullish run.
My thought is theta will fail .16 retest and if so, I will sell short 25% of theta position above .155 and look to re enter near support levels.
If theta breaks .161 then .17 is a possible TP target
THETAUSD updateTheta testing first line of support. .145
*In my previous update i called for .145 theta today
Before adding to my position I need to see how support levels hold (green lines)
Also need to see how btcusd performs as it is currently retesting 9300-9600
Any dump can lead to a bigger alt coin dump so safeguard your position w SL unless you are Theta HODL
Im still short from .155 USD and will keep updating when i plan to go Long Theta next with Entry & SL
Trade smart.
Follow for crypto trade set ups
THETAUSD Possible Scenario Looks like BTC is forming a classic bearish divergence pattern and going to retest lower levels.
(As long as BTC doesn’t clear 9500 soon)
That being said.
I would not be surprised if Theta retests .158 before correcting. Forming a similar pattern with btc.
I would not go long and try and scalp trade this because when and if BTC corrects.
You can get caught in a risky alt position.
I am placing a sell order @ .158
with a SL @ .165
Again looking to add to Theta position after correction.
JW
Theta USD 12 HR PredictionShort theta @ .155 usd
And looking to find support in .13 range as long as BTCUSD finds support.
Will update this set up.
SL @ .165
Trade safe
JW
ThetaUSD 10 HR ForecastTheta token ready to retest .135 levels in 10 hour timeframe.
If BTC holds 8400 I will look to add to my Theta position.
I will keep updating this and provide Entry and SL within next 10 hours if this plays out.
Once of a lifetime opportunity (PART 2)A couple of weeks ago I published my first idea about THETA....The last couple of weeks you could made some great profits on it if you would trade short term.
THETA is looking great for the long term and is one of my 4 fundamentals of my portfolio (read part 1). If you look at the chart my strategy chose in histroy some nice buy- and sell moments. If you look at 2 of my indicators (see chart) they give the same signal as in dec/januari.
It's not to late to load some THETA at your portfolio....Next week 15th or 16th April Theta will spike and will make a powerful move...!! pricetarget: 0,24 cents by end of may
Let me know what you think.
A ones of a lifetime opportunity..The Golden Boy, THETATheta, the sleeping giant. This is my favourite coin. Why? Because it has a purpose. Theta has a technology in videostreaming. It is the only one in the world who make it capable to stream high quality video of millions of people at the same time. December 2019 Theta closed a contract with Samsung. The technology of Theta will be available on every QLED/Smart TV. In the same month Theta published they also closed a deal with Sony Playstation...Wow!
Simply said: Theta has something all the big players want. Samsung, Sony, rumours are going that Amazon, Netflix and Disney are also in the market to close a deal.
Back to the chart.
Also Theta suffered the last couple of weeks. With the high in February of 18 cents it was on the move. 2 weeks ago Theta was on 4 cents and the moment of writing this idea it is heading for 8 cents. Theta is trading above the 20ema and 50ema. the 20ema crossed the 50ema a week ago. Theta was the first coin in Crypto "land" that had this important cross (buy signal). They also had the first buy signal in the beginning of december 2019.
Personally I see Theta heading for $0,40 - $1 in the end of 2020 and $3 in end of 2021. In the next couple of weeks I will do more updates about this "Golden Boy" after I have some interviews with people from THETA
So give me tumbs up if you like the idea and Follow me if you are interested in new updates about THETA...I also provide you the price targets and buy signals in these updates
Have a nice day.!!
theta/usd(update), pattern still valid, bull div(weekly)I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
THETA/USD, BEARISH GARLTEY LEG UP, 112% POTENTIALREAD TITLE. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
THETAUSDTHETA is expected to have a good flow next year.
A slow buy between 0.07463500 and 0.10450240 is expected to give good results.
THETA's very weak inflection date is around November 10.
If you climb above the 0.10450240 point, I would recommend watching.
If the price falls below 0.07463500, it would be a good buy for anyone approaching THETA as a long-term investment.
