THETA/BTC (Retest Swing Low?)THETA/BTC
-failed to hold previous support at the 2600s
-the price is testing the immediate area of support at the 2370s
-if this minor area of consolidation fails
-we will likely see a retest of swing low at the 2100s
-it will be a good bounce trade setup if a reversal is confirmed
THETABTC trade ideas
THETA/BTC (Bearish Confirmation; More Downside?)THETA/BTC
-my previous analysis on THETA confirming the break of support
-was followed with strong downtrend action
-the price went down over -25% since the Cross Ultimate signal
-our downside target is between 2000-1800s
-that's the range of potential bounce play trade setup
-market structure is fully bearish now
THETABTC C&H EARLY BUY SIGNALWill update later with oped, info; those of you familiar with how I roll, you know the drill; all others: defer to previous publications for why I will update later (As opposed to now) and why I don’t just publish forex signals without a detailed and lengthy analysis included.
I’m 134/136 in terms of both timeframe and targets; 132/136...To give you a sense of how I roll....
Just to clarify that means all 137/139 have been closed and the 132 were ACCURATE figures but inaccurate timeframes.
The red horizontal being the stop is the most important and the green TP1-3. (Early entry) will update more later.
Publication: neutral.
Risk/Reward: mid/mid
@a1mtarabichi
Also tokens to look out for:
$ENJ $BNB $EOS $WAVES $LINK
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP , SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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THETABTC Is Forming Bullish Shark | Upto 229% rallyHi my friends hope you doing good, there is another bullish wave possible by the price action of Theta token with Bitcoin pair as it is forming another harmonic pattern.
Formation of bullish Shark pattern:
This time on 6 hour chart the Theta token with BTC pair is forming a harmonic bullish Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern and its Fibonacci sequence should be:
Buy between: 0.00002320 to 0.00001555 sats
Sell between: 0.00003286 to 0.00005126 sats
Stop Loss:
The potential reversal zone area that is up to 0.00001555 sats can be used as stop loss in case of complete candle stick opens and closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 229% and as per above mentioned stop loss, the loss possibility is 33%
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
THETABTC formed bullish gartley | Upto 33% expectedTheta Token / Bitcoin Cryptocurrency has formed a bullish gartley pattern and entered in potential reversal zone.
The PRZ are can be used as stop loss in case of complete candle stick closes below the this area.
I have defined the targets using Fibonacci sequence.
Buy between: 0.00001111 to 0.00001019
Sell between: 0.00001184 to 0.00001358
Regards,
Atif Akbar (moon333)
Potential long opportunity for THETA:BTC.Ichicloud still thickly bearish in the 1hrly though.
Price now at the 61.8% Fib retrace after retracing ca. 53%.
CYBER ENSEMBLE triggered a blue Buy signal.
PRISM Oscillators Set Analysis:
pRSI Stochs in the oversold state.
Bullish divergence in the pRSI, as well as pRSI about to cross bullish above its 30 VWMA.
Momentum already in the positive, pulled up by the bullish Acceleration/Jerk-Ribbon; which is in turn sustained by the positive (yellow) snap-oscillator.
Summary:
Buying if price holds above the green 50 SMA, and the red 21 EMA crosses above the green 50 SMA.
THETA-BTC SHORT TRIGGERED on 1 hour chartTHETA ROCKETED up for the last couple of weeks, and now its crashing in the typical buy the rumor, sell the news event. A short did finally trigger for the THETABTC on the Musashi Hidden Wave Trading System Indicator. We are a bit extended from the baseline (the red line which shows a bear trend now). This means we might get pullbacks (upwards) or have to wait some time for price consolidation to occur and the baseline will move downwards towards price..
First Target is 2552.
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Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results
THETA/BTC (Potential Relief Bounce?)THETA/BTC
-strong uptrend is now over
-upward trendline of support is already broken
-the price hits a previous consolidation area
-and immediate reacted to it as potential support
-if this drop will respect the 3400s as support
-we might expect a relief bounce to retest the trendline
-daily consolidation is right on the table now
THETA - Future, Volatility incomingFutures are beginning on it today. Volatility incoming. March 2019 highs resistance rejected. Overbought on the weekly / daily . RSI on the 4H going down. What do you do.. Run after the fully loaded, speeding train and try to jump on it at high speed? Or step off and wait for the next train?
Theta - Keep rising prior to Mainnet 2.0THETABTC pair has just set a new ATH. Despite the opportunity to short THETA on Binance or FTX (up to 50x), it looks like the coin is not going to fall, at least until the launch of mainnet.
Note: Theta Mainnet 2.0 will be released on May 27, 2020 at roughly 12pm Noon PST (7 PM UTC)
Of course, shorts look a lot more attractive here (sell the news) but need to be careful because of the high volatility.
Just observing and until the launch of the Mainnet I will not touch it.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.