ThetaBtc in Potential CUP formationHi guys,
ThetaBtc is trading in giant SYMMETRICAL triangle pattern with price been rejected at the top side of the triangle and rally down to test out the bottom level of the triangle. We may rise up in the form of CUP.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
THETABTC trade ideas
Theta Token consolidated and it is now time for breakout! Whats up my crypto friends!!! I shared a signal on this coin earlier around the 1500's level to my premium binance members.
I needed to do this analysis on Theta Token as i noticed it approaching a breakout point
so i checked the charts and discovered that this will most likely go to the illustrated projected
target range of 2100-2500. The current VOLUME on Binance is under 1,000 btc which makes for
a great set up for a nice pump in this coin. I see 1920's as the KEY resistance stopping this from really
breaking out into the 2500's range which from current price level of 1720 sats would be a profit of
nearly 46% following 2500 sats if reached i will be expecting a retrace.
Also if you want more ACTIVE UPDATES on my PERSONAL POSITIONS involving BINANCE and BITMEX ASK me about becoming a VIP member
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Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
THETA looking to breakoutTHETA has been steadily laddering on the 4hr for the past few days. And has been in accumulation for the past 2 weeks.
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The daily and 4hr chart has THETA laddering towards 1340 sats . Im looking for a break of 1340 leading to the pump. 1340 was tested on the 13th. Currently their is a fat sell wall sitting there, coincidence(maybe)? Volume is still low and has been steadily increasing. My first target is the weekly at 1488. If it occurs im expecting the move within 12 hours, failure to break 1340 should send us back to 1219 area.
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Theta long term wedge looking to break 200 day on the 12hTheta is trying to close out the 12 hour 200 day MA. It's using the ending of a long term wedge as support.
Entry at 1390 sats
Exit at the level you feel comfortable
Stop out at the % you feel comfortable using. My levels are guidelines.
I wouldn't suggest stopping below 1311, hence why I didn't mark it on the chart.
THETABTC THETA HUGE 10-33% PROFIT EXPECTED SHORTLY.LIKE & SHARE THIS ANALYSIS
EXCHANGE: BINANCE | CHART DURATION: 4HR
CURRENT PRICE: 1360
ENTRY PRICE : 1250-1350
TARGETS : 1500-1600-1700-1800
STOP LOSS : 1253
TECHNICAL ANALYSIS
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1. RSI 35
2. MFI TOUCHED 20
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED
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News
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Big update for the Theta project today! We've released the Theta Mainnet source code and version 2.0 of our white paper with lots of exciting development updates.
twitter.com
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
THETA/BTC printed bearish divergence. Watch for .5 fib retest.THETA/BTC has printed bearish divergence on the 4-hour RSI as shown by the light-blue line. We can see as the price moved higher, the RSI moved lower, and now we are seeing the price start to reflect that bearish divergence and decline. THETA/BTC has failed to sustain buying above the .618 fib level. I expect THETA/BTC to retest the .5 fib level around 1390. We have the 4-hour EMA's (50, 100, and 200) which will act in conjunction with the .5 fib level as support. If the .5 fib level is able to hold, we could see THETA/BTC make a move to back to the .618 around 1490, if not higher to the .786 around 1625, or the 1 fib level around 1800. I will note there is a chance some of the EMA's could creep up above the .5 fib level and act as support before the .5 fib level does, so take that into consideration.
Area's of interest for entry:
.5 fib level around 1390 or along one of the EMA's (50 EMA in green, 100 EMA in yellow, and 200 EMA in red.)
Target area's following entry:
Target 1: 1490 (.618 fib level.)
Target 2: 1625 (.786 fib level.)
Target 3: 1800 (1 fib level.)
Stop-loss following entry:
1350-1370
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.