THETABTC trade ideas
$THETA Showing first signs of correction ending... $THETA Showing first signs of correction ending...
UCTS buy signal on the 6H.
Retrace reached .618 fib level..
Sitting between EMA50/100
RSI Stoch and RSI trying to turn
Volume slightly appearing..
This COULD be current bottom. Be caution about this sentence.
#THETA
THETA-BTC Long Trade PlanCommodity : THETA TOKEN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 29% to 98%
Prospective Loss : 17%
RRR : SL to TP1 is 1.7, SL to TP2 is 2.8 , SL to TP3 is 4.1 and SL to TP4 is 5.6
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
THETABTC avoid this position next weekTHETA is a decentralized, blockchain-based video streaming platform, built with the goal of creating and monetizing a bandwidth sharing model. Its token is 37th in terms of market capitalization (USD 160 million), according to coinmarketcap.com.
According to the project, by allowing others to use your bandwidth, you are giving people better streaming quality and a better streaming experience than they may have had otherwise.
With the main net launch which happens on 15th of March, THETA will be progressing from the testing phase into the full decentralized streaming network (DSN) marketplace where it can build upon their e-sports gaming coverage to expand into other content and data delivery areas.
Summing up THETA is a great project according to Fundamental analysis, moreover it is in bullish state according to technical indicators.
Many subscribers ask why don't you give signal on theta, everywhere are news about its main net launch in 15th of March.
Answer is quite simple:
Let's look at the 1-h chart, there we are able to see when the information about main net launch was used 1st time. On 25th of February insiders used it which coincides with volume increase. On 10th March 2nd phase began, data miners and stalkers received confirmations and shared them. Look at the enormous volume increase. Currently we are at the last phase and that is why everywhere there are news about THETA mooning and its main net launch.
Be careful it is hamsters pump you will lose money because after main net launches tomorrow the price will come back to its average or below.
We recommend to wait during this week when every hamster will sell THETA and buy it at the lowest possible price because the project has a great future and will bring a lot of profit in the mid-long term
#Theta- Still Some Room to grow ?#THETA Already 4x in Last 2 Month Nothing Much to say about it, Good Project Good Fundamentals, I have saved My LONG Term bag.
Everything is Clear in Chart can see and act accordingly.
If you see the Price in Golden chance Zone by any chance don't hesitate to buy.
Not a Financial Advice take your own decision My Idea is Just for an Educational purpose.
Like Comment and Follow if you like My Idea.
Thanks
THETA - ENGULFING BEARISH SIGNS - WILL WE OVERCOME THEM?THETA / BTC TA
We see overall bearish pattern as we approach trend line. If we manage to hold that level, we will see a retest of prior highs which are highlighted as 'TARGET' areas.
If we do not hold trend line, do expect us to drop down towards first support zone, which should hold THETA together for accumulation. If we do not see that, we will drop back to liquidity grab zone for further accumulation.
Gunbot Backtesting Gain-Gain strategy on BTC THETA - 74 percent Gunbot Backtesting Gain-Gain strategy on BTC THETA
What's This ?
This is a Backtesting result for the Gunbot Gain-Gain Strategy (plus additional custom confirming indicators)
Coin-pair : BTC-THETA
Exchange : Binance
Gunbot Strategy : Gain-Gain
Estimated Profitability (Buy+Sell) : ~ 74%
Strategy Specs:
PERIOD = 15
BUY_LEVEL = 0.35
GAIN = 0.2
MFI_BUY_LEVEL = 32
MFI_SELL_LEVEL = 70
RSI_BUY_LEVEL = 35
MFI_LENGHT = 20
RSI_LENGHT = 20
STOCHRSI_LENGHT = 20
STOCHRSI_BUY_LEVEL = 0.3
STOCHRSI_SELL_LEVEL = 0.5
TRAIL_ME_SELL = enabled
TRAIL_ME_SELL_RANGE = 0.2
Scripts used : Allanster's Gunbot Deluxe Tuners BE
www.tradingview.com
Automated Trading Bot used : Gunbot Ultimate
thecryptobot.com
_______________________________________
Gunbot is a Trading automation software for crypto-currencies . Gunbot works with following markets : Bitmex, Poloniex, Bittrex, Cex.io, Binance, Coinbase Pro (GDAX), Kraken, Bitfinex, Kucoin, Cryptopia, Huobi .
Available Trading Strategies in Gunbot 12
ADX | ATRTS | Bollinger Bands | Bollinger Bands (TA) | EMAspread | Emotionless | Gain | Ichimoku | MACD | MACDH | PingPong | StepGain | SMAcross | Trailing stop – stop limit | Time series analysis
Gunbot backtesting Gain-Gain strategy BTC THETA - 2 weeks timeGunbot backtesting Gain-Gain strategy on BTC THETA - 2 weeks timeframe
Gunbot Backtesting Gain-Gain - BTC-THETA on Binance / 2 week backtesting spot trading .
Gunbot is a Trading automation software for crypto-currencies . Gunbot works with following markets : Bitmex, Poloniex, Bittrex, Cex.io, Binance, Coinbase Pro (GDAX), Kraken, Bitfinex, Kucoin, Cryptopia, Huobi .
New Gunbot features / changes
Bitmex support: Gunbot now supports leveraged trading at Bitmex and Bitmex testnet. The new PRE_ORDER function lets you get ahead of the order book to increase the chance limit orders get filled. With MAKER_FEES all trades can be placed as post only orders, making Gunbot a market maker!
Margin trading strategies: Strategies for Bitmex offer triggers to go long, short, stop and close on the desired ROE – or trail ROE up!
Blockchain license verification: Using GUNTHY token, it is now possible to self-manage your API keys for free. Read more about Managing API keys.
Improved ichimoku: Both the regular and margin version of the ichimoku strategy got a lot more powerful, you can now choose to open and close trades using either Tenkan-Sen, Kumo or Kijun-Sen.
Market orders: Option to use market orders instead of limit orders, customizable for all order types. Works on exchanges that support Market orders: Binance, Bitfinex, Bitmex, Coinbase Pro, Kraken and Poloniex.
Available Trading Strategies in Gunbot ver. 12
ADX
ATRTS
Bollinger Bands
Bollinger Bands (TA)
EMAspread
Emotionless
Gain
Ichimoku
MACD
MACDH
PingPong
StepGain
SMAcross
Trailing stop – stop limit
Time series analysis
THETABTC 1-4Hrs TFTHETA going to its support area. This will be our buyzone for this call. See image for the possible sell zones. MACD currently showing sign of weakness from bulls, it’s good to wait for the red histogram to form and show sign of weakness from sellers before entering. On CCI and RSI, a possible divergence will form.
Bullish Bias:
medium.com
Note: In trading there's no guarantee that you will gain or loss but with proper knowledge you can trade in the market with the highest probability. Always manage your SL and trade safely.