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THETA LONG TERM BULLISH videoTHETAUSDT Market update This is my current chart for THETA right now. Currently, I am using long timeframes here because this is a long term trade for me personally. I believe many of us are involved for the long term as well , not a quick money grab. Technical Analysis POV: We have been in a side trend ever since May 15,2022. Pumping hard and crashing hard. Thats what sidetrends are we go up and we go down until we enter a new trend. From the looks of the 2D chart, It looks like we should be attempting a breakout on the "#4?" in the chart. A breakout of the yellow trendline would lead us to a change of the sidetrend into an uptrend. I see low chances of ever reaching 0.7 again or lower, higher chances are we go up right now. I also see a formation of an ascending triangle on the bottom of the chart, which could support my thesis of "this was the bottom". My target price for the long term right now is $3.81 which is more than 300% increase in price. Fundamental Analysis POV Fundamentally, THETA TFUEL has been cooking up A LOT . If you have been in twitter lately, you may know by now what THETA has been up to lately. New partnerships and projects joining THETA's ecosystem as well as more patents for THETAs technology .They just delivered a new roadmap as well and it looks very promising. With the support of ecosystem projects to go live with TNT20 tokens coming up on Q2 any time from April to June price action looks promising. Overall, Q2 looks like a promising month for THETA TFUEL
Long
by CryptoGao1
4
Bitcoin Slows Down At 70k As Nvidia Keeps ConsolidatingHey guys, Cryptos are bullish no doubt, but I am just wondering if 70k on bitcoin, will be strong resistance in the short-term, now when NVIDIA is coming down a bit. I see nice support for NVIDIA near 800. Not sure if we will see this level, but it looks like that correction on stock is not finished yet, so possibly there will be a delay on new break higher on cryptos if stocks would really pull back for end of the month and end of the quarter flows. Also, dont forget on the Easter holidays which can certainly have an impact on the markets. Let me know if you like the video please in the comments below, or what you want me to cover in next updates. Thx, Grega
BITSTAMP:BTCUSD
by ew-forecast
JUICY SHORT BREAKDOWN! MY NEXT TRADE PLAN! 21/3/24📉📊 Ready for a Bitcoin breakdown? Let's dive in! 💥 We indeed witnessed a juicy reaction off the 4-hour supply zone we had our eyes on. But wait, there's more! Not only did we get a reaction, but we also got a clear reconfirmation on the lower high leg. 🔄 Supply and demand at work, folks! While I'm not suggesting ditching support, resistance, and Fibonacci zones, understanding supply and demand is like having a cheat sheet, especially when it comes to Bitcoin price action. 📈✨ In this video, I'll give you a sneak peek into what supply and demand is all about. Make sure you stick around till the end to catch all the insights! I haven't spilled all the juice, as I'm saving some for my students, but I've given you enough to identify the zones. If you want more content like this, don't forget to hit that follow and boost button! Also, drop me a message for your very own trade journal.
by Trade-Journal