THETABTC trade ideas
#Theta Bull pennant: Bullish continuation. $theta #crypto #Theta token is consolidating in a bullish continuation pattern- pennant.
Currently at the trendline support at 3320
Stoch-rsi is showing oversold levels
ADX is at 10: weak/no trend.
If we get a break above the resistance line of the pennant and confirmation from volume then
a nice R:R trade setup will be generated, with stop below 3300 level.
Target will be at 4900 level.
Upper resistance level is at 4000 level, once price hits that level, we can expect a retracement so it'll be better to trail Stop losses to break-even price once #theta is at 3900-4000 region.
$THETA Theta Token: Approaching Potential Break-ZoneWe've seen the development of a nice bull flag/pennant over the past few weeks, but it remains to be seen whether this is indicative of things to come. If it has the momentum and influx of volume, I could see THETA testing the strong resistance trend and perhaps breaking out of established channels.
THETA (quick profit)actually im holding theta for long term but tryin to increase the number of theta by trading . I think there is a chance to do that because there is an ascending triangle formation. For that formation the price expected to increase very quickly / sharply
THETA (in trend line?)I will try to make profit from in-trend-line-theta. Green area is buy zone. Red area is sell zone as you know :) Its about %9 profit
dont forget to use stoploss just under support line
THETA Possible Cup & HandleTheta looks like it might complete a Cup and Handle. If so it is near the bottom of the handle now. Could buy around 3300 with a stop around 3270 and be relatively safe.
$THETA Theta Token: Profit Potential on BreakLooks like Theta is breaking out of the firm downtrend, we'll have to see what kind of channel it establishes. Worth a near term gamble.
Is Theta ready for another breakout?Theta is currently following a downward, narrowing channel. If BTC can hold it's current position, there is potential for a nice breakout of Theta soon.
THETA.. The new kid on the Binance block! After completing its elliot correction wave sequence THETA BTC has broken its descending triangle and had a golden crossover on the MACD, still room to grow on the RSI also.
Theta is brand new on Binance hence the 30 min chart. Its a solid project and i think it has much more room to grow.
My targets at the moment:
1. ATH of 4000
2. 1.618 fib 5000
3. Open target, solid project... HODL.
THETA
Watching RSI to see what direction we will head, currently in OB but if RSI bounces on support we we could head back up.
Pinch on BB indicates a pullback & the long green wick on the current candle inst a strong indicator of a sustained climb.
Theta 1m lolololHit Follow, Follow, Follow!!!
For my fearless day traders, easy 10% in and 2 hrs, My buddy just made $800, I only did $400.00
Waiting for the retracement to see if I can jump back in!!
Disclosure, I was using a 1 minute chart, you cant see the retracement on the 21m.
THETA.. warming up? MaybePatience is key!!
TIP: Trade with the confidence of the TREND!
Upward 1st target = 3500
Dowmward 1st target: 2950
I lost so much money when I first started trading, now its easy..lolol..
1. Confirm overrall Trend (colored background)
2. EMAs = both turn green (BUY)
3. Fast EMA turns pink (sell/hold)
4. Both EMAs turn PINK SELL.
5. 13% profit so far, with ease!
Cheers All!! Good luck!!
Theta Parabolic ChannelTheta is on support of the Gann 8x1 Fib Ray - Current top is the 5th Arc but Theta has already outrun one of my charts and is parabolic - Resistance on the Arcs on the way up - If the arc stops the price it will drop to the previous arc for support and try and catch ascending support off the next fib ray across
