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Theta

IS THETA a forward indicator for the rest of the market??this is just an idea. don't take it to heart. just a thought. THETA has had an absolutely phenomenal run so far. from bottom to the top basically did a 150X. very impressive. However, I do believe that it's done. Its completed its run up. for now at least. I count 5 major waves, and if you actually look inside each of the waves, you can actually count out another 5 waves. the 2W chart don't show the individual waves as clearly, but if you look at the weekly you can count 5 smaller waves within each of them. and the waves are valid because the 3rd wave isn't the shortest, theres a 1.1 ratio of the 3rd wave vs the 1st wave so this count is valid. Additionally, rising wedge on 2W RSI. I dunno bout you boys, i reckon this is done. 1st major support round: - $3 range. ranges are pretty broad coz they're weekly OBs. then - $2 range then $0.70 $0.40 $0.26 this is crypto after all, tbh, I wouldn't be surprised to see $0.70 again, but then again. wth do i know. im just a joker boys. Maybe this is a sign of what is to come to crypto? we'll see, i'll be watching this thing though
Short
by EnZo
4
[TFUELBTC] Bullish and 30% to takeHi everyone, In my opinion TFUEL looks great once again on this chart. We're reaching the end of a pennant triangle. RSI is showing some bullish signs and MACD aswell. I believe we can reach (atleast) the ATH price if we break this triangle by the top on 0.618 Fib. BTC seems bullish too for the next few days so there is no reason for this trade to be invalidated. This is not an investment advice, just sharing my thoughts. What do you think of TFUEL? Let me know! Good luck everyone! :)
Long
by cryptologyy
THETAUSDT - NFT token What Is Theta (THETA)? Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch. Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes. Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users. What Makes Theta Unique? Theta’s main business concept is to decentralize video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs on a native blockchain, with two native tokens, known as Theta (THETA), Theta Fuel (TFUEL), powering the internal economy. Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising and subscription revenues. Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens. The platform is open source, and token holders receive governance powers as with many proof-of-stake (PoS)-based blockchain ecosystems. In addition to video, data and computing, Theta caters to developers looking to launch decentralized applications (DApps) on its fully featured EVM-compatible Smart contract platform.
Long
by Yuriy_Bishko
14
Trade on retest📉Good day, wolves🔥 There is an interesting formation for you. Symmetrical triangle with bullish breakout on THETAUSDT. There was a strong bullish sentiment before, then the price broke resistance level. According to Elliott Waves theory all the waves were done. Now the price entered into the correction and started to retest new support level. The price should fall to the zone between 7.46 and 7.32 So follow the chart and look for the best price to enter carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Long
by Berzerk_invest
3
Theta Network (THETA) - March 18Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- You should watch for any movement that deviates from the 7.2259-8.1223 section. If you move down from the 6.0308 point, you need a short stop loss. The next volatility period is around March 27th. ------------------------------- (THETABTC) You'll have to climb above the 0.00013503 point and see if you can get support. If it falls, you need to make sure you get support in the 0.00011410-0.00011933 range. In particular, it remains to be seen if it can rise along the uptrend line. If you fall from the 0.00011162 point, you need a short stop loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to know that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
2