THETA/BTC (Bullish Candle Breakout?)THETA/BTC
-strong breakout of descending trendline resistance
-daily candle must maintain above trendline resistance
-we need to see follow through the next candle
-bull cross of 50ma and 20ma
-upside potential is the swing high at 1800 sats
-our stoploss is below 50ma
THETABTC trade ideas
Keep it simple and follow the chart, BUY SIGNALIf you are into crypto you know what i am talking about.
Theta is in a strong support line and is giving us a strong buy signal.
This is a good coin, with strong Project!
Are we going to see a Bull Run? Maybe...there is a good chance
WISH YOU ALL GOOD TRADES
ATTENTION: THIS IS NOT A FINANCIAL ADVICE, DO YOUR OWN RESEARCH AND INVEST AT YOUR OWN RISK.
#THETA/BTC Breakout 20%+ Profit PotentialTheta has its Mainnet at the end of MAY. Expecting some decent moves from this coin. It dipped more than I expected Got the opportunity to accumulated more.
Why Bullish:
Strong Fundamentals.
Broke above the channel
Trading above 200D MA.
Targets:
Target 1: 1207
Target 2: 1342
Target 3: 1490
Target 4: 1670
Stop Loss: 1030
THETABTC - potential long opportunityLong opportunity has presented itself with THETABTC
Been on a uptrend forming higher highs.
Recently broken out of the downwards wedge, and looking to retest the trendline
Could be 8 - 9% trade. Looking at some of the wicks to the left I will leave the last 25% of my trade as a trailing take profit, so see if I can catch it if it does wick up
THETA/BTCI know this coin has a strong community. With mass staking coming in May, we may see it break the decending trendline anytime soon.
Additionally, the horizontal support is also a good confluence for you to have a clear invalidation point/stoploss.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
THETA/BTC (New Local Bottom?: up to 35% profit)THETA/BTC
THETA bounced at the previous accumulation zone during the Jun-Nov 2019 trading history.
Also, a downward trendline of support is built which could act as immediate support if the price has to pull back again.
This will be our stop-loss area if this bullish scenario becomes invalid. The upside potential is up to 1400 sats or higher.
Crazy Oscillation, Crazy Spikes. What's happening Theta!?Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.
First of all.. What's with the crazy spikes!? I'm curious if anyone has an explanation for that.
Second of all, what a beautiful oscillation! Admittedly it's not 100% perfect, but we see many price reversals after the same 70 bar patterns.
For this trade I'll be using those two things together with the horizontal support zone to enter a trade. I expect the price to use the oscillation to come back down to the support zone, which gives us a great entry for a long. For this trade make sure to set limit orders everywhere. Put a limit order near the support zone, and DEFINITELY put a limit order for your take profit, to benefit whenever one of those crazy spikes come back again.
--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post if you learned something to support me.
- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Also, check my recent popular ideas on BTC:
LONG - THETA - Trading OpportunityPrice came back to support, looking good for a long position.
Entry: 0.00001072
Target 1: 0.00001169
Target 2: 0.00001238
Target 3: 0.00001312
SL: 0.00001014
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THETABTC - Important Zones I will share my thoughts on the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
THETABTC is currently at major resistance, for continuation to the upside we should see a weekly candle close above 0,00001500
As always, patience is key.
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