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Thetabinance

THETA 1D Global idea, support and resistance levelsYour attention is the global idea on the THETAUSDT chart The first shock fact is that THETA paired to the dollar for the year made X420, that is, 42,000% It hurts when you realize that you took only a small part of the profit from such a potential, but this cannot be changed :) But we turn off the FOMO effect and continue to analyze the graph soberly. THETAUSD was merged relatively weak against the background of the fall in BTC, which lasted for several days. And today a strong buyout of this fall has already begun. These inputs provide a good reason to think that growth can continue. The maximum allowable correction of the THETAUSDT price that may take place in the coming days is the level of $11.00-11.50 And if the price does not fall below, then you can safely begin to consider a long with upper targets in the $ 18-20 zone. However, if you have an average or large deposit, the n to agrees our risk management, THETA should not take more than 10-15% into your portfolio. Of course, the growth potential of another 60-70% beckons to buy more. But the "cold head" suggests that the price of THETAUSDT is now trading near theoretical highs, and the last time the big money bought a coin of about $2 soundly. And the price can again fall into this liquid zone. The critical level is $10. Below this level, a long and deep correction may begin. _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
30
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
This Bullish Reversal Pattern Can End up The Sideways TrendHey friends, hope you are well, and welcome to the new update on Theta coin. Parallel channel: On the daily chart, the price action of Theta has formed a parallel channel and moving within this pattern since 1st Jan 20201. In the meanwhile, the price action is also testing the exponential moving averages 10 and 21 as supports. And forming higher lows. SMAs: On the daily time frame chart, the price action of Theta is still moving above 25, 50, 100, and 200 simple moving averages and using 25 SMA as support very well. Bullish reversal BAT move: On the 12-hour chart, the price action of Theta is completing the final leg of the bullish BAT pattern, and soon it will be entered in the potential reversal zone. There is also 100 simple moving average support in the potential reversal area. Before this, the price action also completed another BAT move. Bullish reversal Gartley move with Bitcoin pair: On the 2-day chart, the price action of Theta with the BTC pair is completing the final leg of bullish Gartley and soon it will be entered in the potential reversal zone. There is also 100 simple moving average support in the potential reversal zone and the 200 SMA below the PRZ level. On breaking down the 25 simple moving average the pattern will be confirmed. Conclusion: Theta needs a little more drop for the completion of bullish reversal harmonic moves in the US Dollar market and in the Bitcoin market as well. Then a big move can be started.
Long
by moon333
5
THETABTC completed another bullish reversal for new ATHBull flag formation: In US Dollar market the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has been formed within this flag then it can reach at $3.5 easily. Cup & Handle move: On daily time frame chart, with the Bitcoin pair the price action of Theata has completed the formation of Cup & Handle pattern. Now it has also tested the support of 100 SMA and the 50 SMA has formed bull cross with 100 SMA as well. If we take the measurement from the breakout point to support and place it at the breakout point or resistance of the Cup. Then our next target can be 0.00011755 btc and if the priceof BTC will be $35000 then 0.00011755=$4. Ichimoku cloud and Rising Wedge: On long term weekly chart, the price action of Theta with Bitcon pair has formed a rising wedge pattern and also broke out the Ichimoku bearish cloud as well. The cloud is now bullish so we can expect that the priceline migh make another attempt to break out the resistance of this cloud. Conclusion: The price action of Theta is setting new all time highs in every rally. Now we can expect another rally that can be 100% up from the current price level.
Long
by moon333
5
THETA 1D. Worst-case scenario is the test of $0.3An interesting project with small daily trading volumes. From March 2020, Theta token is in a solid upward trend. Measuring the percentage of growth which THETA's price made in 7 months, we were amazed. x20! The global support level for the token is in the range $0.2-0.24. It was in this range that buyers managed to stop the aggressive fall from $0.6, which began at the end of May 2020. On 4 October, the token set a new historical high $0.794 . If we draw a trend line for two highs , we see that the growth trend angle can change. The critical point of this token is at $0.5. It is difficult to measure the probability of one scenario or another so far.Therefore, we will follow the nature of the price movement and make updates. The worst-case scenario for THETA at the moment is a deep correction to $0.3. This scenario is quite possible if BTC and the entire crypto market are corrected. ______________________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
1