website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Theta technical chart
Symbol THETAUSD
Trade Setup

#THETAUSD
Total Profit: 117 point (10%)
Closed trade(s): 117 point Profit

Trade Setup:
We opened 13 BUY trades @ 1.187 based on 'Valley' entry method at 2022-09-11.

Closed Profit:
TP1 @ 1.304 touched at 2022-11-04 with 117 point Profit. (10%)
12 other break-even trades closed at entry price, therefore no profit no loss.

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateNovember 27, 2022 - 22:10
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.800, beginning of uptrend is expected.
  • We make sure when the resistance at 1.715 breaks.
  • If the support at 0.800 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 1.081 on 2022-08-29 and the trough at 0.74858294366523 on 2022-12-06, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 0.800 on 11/22/2022, so more gains to resistance(s) 1.140, 1.335, 1.475 and maximum to Major Resistance (1.715) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 51.

Symbol Released Current Forecast
Theta (THETAUSD) new Mon, 22 Apr 2024
Theta (THETAUSD) Sat, 13 Apr 2024
Theta (THETAUSD) free Sat, 6 Apr 2024
Theta (THETAUSD) free Sun, 31 Mar 2024
Theta (THETAUSD) free Sat, 23 Mar 2024