The main points of THETA are 0.09950 ~ 0.10582 and 0.12874 ~ 0.13648.
If you pass this critical point at once and hold it from above, you are expected to create a flow to ascend further.
If the price falls below 0.07750, it is considered a long-term investment area.
If you want to invest in THETA over the long term, it's best to buy slowly below 0.07750.
If...
Theta completed with the correction pattern, and shown a serious bounce after hitting the bottom trendline towards 0.076 zone. This bounce take the form of Ascending broadening wedge.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY...
Hi Theta traders.
It's a supplemental mid-long term THETA technical analysis to my article written
on my blog: youjin.pro
Main takeways:
1) We are in the long term superchannel. Perfect fit for swing traders
2) EMA 20 crossed EMA 50 with volumes meaning that we may experience
turbulence zone in theupcoming months
3) 0.1 USD appears as great add-one (or entry...
$THETA range to play with. Short squeeze soon. Similar to $ICX #Theta hasn't been succesfull in holding the position above the resistance. Will this time be different? I don't think so, but I will buy it again even if it falls beneath this ascending triangle
![THETAUSDT: THETA Mid-long term perspective [+fundamentals]](https://s3.tradingview.com/o/oxfN5nVI_mid.png "THETA Mid-long term perspective [+fundamentals]")
