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Weekly forecast Theta technical chart
Symbol THETAUSD

Trading suggestion:

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

DateJanuary 21, 2023 - 22:34
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.705, beginning of uptrend is expected.
  • We make sure when the resistance at 1.335 breaks.
  • If the support at 0.705 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.860 on 01/18/2023, so more gains to resistance(s) 1.140 and maximum to Major Resistance (1.335) 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 70.

Symbol Released Current Forecast
Theta (THETAUSD) Sat, 24 Feb 2024
Theta (THETAUSD) free Tue, 20 Feb 2024
Theta (THETAUSD) Sun, 11 Feb 2024
Theta (THETAUSD) free Sun, 4 Feb 2024
Theta (THETAUSD) free Sun, 28 Jan 2024