THETA looking for 2 to 4 X in Short to MId TermWith BTC getting ready to tap 100k alts are looking primed for movement. Theta is no exception lining up for a breakout that could be a 2 to 4 x in the short term before potential price discovery starts. EMAs and momentum looking solid here. Math says up as of now
THETAUSDT trade ideas
#THETA/USDT#THETA
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards and it has already been broken
We have a bounce from a major support area in green at 0.1550
We have a downtrend on the RSI indicator that has been broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 1.20
First target 1.36
Second target 1.50
Third target 1.66
Theta Trade setupWeekly: long term analysis
THETA was one of the best performers during the last bull run.
After a 95% deep correction during the bear market, THETA has built a very clear and horizontal support at the 0,56$ zone.
Daily: short term analysis
After a first strong upward movement (from S1) in the beginning of 2023, FTM has been building a double bottom with a confirmed bounce on the support line alongside a volume increase. The second shoulder is being completed right now.
Strategy
Buy signal on a daily close break of the resistance line at 1,30$.
Objective 1: Resistance near the inverted Head&Shoulder swing move target at 2,64$
Objective 2: next resistance line at Double Bottom target (swing move) to 4,34$
Objective 3: ATH at 15$
Invalidation
Mental Stop: just below the second shoulder. This setup proposes a nice Risk Reward ratio of 4.
If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price.
Risk = Distance between Mental stop and entry point.
THETA Long Spot Trade (Support Pullback) Market Context: Following a sharp two-day reversal, THETA appears poised for a potential continuation if it holds the next support level. A slight pullback to around $1.10 may present a solid entry for a long position.
Trade Setup:
Entry: Around $1.10
Take Profit:
First target: $1.22
Second target: $1.35 - $1.45
Third target: $1.55 - $1.70
Stop Loss: Just below $1.00 (daily close)
This setup aims to capture upside momentum while mitigating downside risk. #THETA #Crypto #Support
THETAUSDT.P / LONG / M15THETAUSDT may rise from the Bullish Order Block
Bullish Order Block: 1.1448 - 1.1353
We anticipate a rise in THETAUSDT as it approaches the bullish order block. Based on Smart Money Concepts (SMC) analysis, there’s a high probability that this trade could be profitable. Let’s observe how the price reacts as it moves within the designated zone.
Entry Price :- 1.1449
Take Profit :- 1.1633
Stop Loss :- 1.1264
THETA/USDT 4HHello everyone, let's look at the 4H THETA to USDT chart, in this situation we can see how the price has approached the local downtrend line that it is currently facing.
Let's start by setting goals for the near future, which include:
T1 = $1.33
T2 = $1.41
T3 = $1.47
T4 = $1.55
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = USD 1.30
SL2 = USD 1.24
SL3 = USD 1.16
SL4 = $1.05
Looking at the RSI indicator, we see
as we entered the upper part of the range again, which may still be an attempt to recover.
THETA Long Spot Position (Support Entry)Market Context: THETA has retraced to a key support level at $1.30, presenting a solid opportunity for a long trade. The setup provides a good risk-reward profile if the support holds and the price starts to bounce.
Trade Setup:
Entry: At the current $1.30 level of support.
Take Profit:
First target: $1.50 - $1.67
Second target: $1.85 - $2.05
Stop Loss: Just below $1.24.
This setup focuses on capturing the bounce from support with defined risk. #THETA #SupportTrade
#THETA (SPOT) entry range( 1.350- 1.450) T.(2.180) SL(1.347)BINANCE:THETAUSDT
entry range ( 1.350- 1.450)
Target (2.180)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .4H close below (1.347)
*** No FOMO - No Rush , it is a long journey ***
*** collect the coin slowly in the entry range ***
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Is #THETA About to Make a Massive Move After the Breakout?Yello, Paradisers! Could this be the moment we've been waiting for the #THETAUSDT? Let's analyze #ThetaToken to see what's happening:
💎#THETA is showing strong signs of a potential bullish continuation from the crucial bullish order block at $1.20. We’ve seen the price maintaining solid momentum above the EMA, which signals that bulls are firmly in control, increasing the probability of an upward push 📈.
💎For some time now, MYX:THETA has respected a descending resistance. But recently, after breaking above this key level, momentum has been building at the $1.20 support. If the price continues to hold strong here, we could witness a bullish rally beyond the internal resistance at $1.61.
💎However, don't get complacent—there’s always the possibility that the momentum weakens. If the bulls fail to defend this key support, we might see a dip down to the lower support around $1.05 before a potential rebound. This would put the entire bullish setup in jeopardy.
💎If there’s a daily close below the $1.05 support, it could invalidate the bullish outlook, leading to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
THETA ANALYSIS🔮 #THETA Analysis - Breakout 🚀🚀
💲💲 There is a breakout of "Falling Wedge Pattern" in #THETA. It's a 12hr time frame breakout. After the breakout of the pattern #THETA is forming "Rounding Bottom Pattern" and after the breakout of the rounding bottom we would see a good bullish move
💸Current Price -- $1.320
📈Target Price -- $2.300
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#THETA #Cryptocurrency #Breakout #DYOR
#THETA/USDT ANALYSIS T: F - DAILY#THETA has been trading below the $8 mark since October 2021 and dropped to $0.553, post that buyers tried to push the price higher but faced strong resistance at $3.771 from the trendline resistance.
Thereafter the price continued the dump before getting support near $0.950.
Currently, #THETA is trading at $1.336 and the price action can face a very stiff challenge from $1.524 if this Resistance is broken the price may further continue towards reclaiming its March 24 level of $3.796.
On the flip side if the price could not break up above the immediate resistance at $1.524 then #THETA/ USDT may continue the downslide to its lows before getting any Support.
Hit 🚀 & Share if you guys like my Crypto Pair Analysis
#NFA
#DYOR
#THETAUSDT #crypto #analysis #thesoumyoroyanalysis
Theta Token (THETA) Analysis
Theta Token (THETA) has been recovering after a substantial decline, where the price fell from the $3.820 level down to a low of $0.886. THETA is trading for approximately 168 days under the trendline. Currently in a bearish trend.
Recently THETA has been rejected from the trendline and resistance level at $1.417.If THETA can break above this trendline and the $1.417 resistance, it could target higher resistance zones, including the purple zone at$1.645 - $1.720 and $1.915, followed by the major resistance in pink at $2.480- $2.559. Breaking through these levels would indicate a potential bullish reversal, with the price aiming for the upper blue resistance zone at $3.133 - $3.276.
However, if THETA fails to break above the current resistance, a downside movement toward the lower support zones is possible. The first support to watch is the green zone at $1.203 - $1.256, followed by a more substantial support level at $1.034 - $1.059 in the red zone. Failure to hold these support levels could lead to a further decline towards the next resistance zone in yellow at $0.886 - $0.933.
THETA is at a crucial juncture, with the potential for further downside if it fails to break key resistance levels. Traders should monitor for a break above $1.417 and the trendline for a potential bullish continuation or a rejection that could lead to a retest of the lower support levels.
Everything is on the chart