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THETAETH

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
THETA/BTC (Back at Key Level Support)💎Technical Analysis Summary💎 BINANCE: THETABTC -THETA is back at the previous support key level area -This is crucial at this moment if this zone will hold -If we can not see any recovery back to 5500s sat in the next few days -It would tell us the Bulls has started weakening -And any moment the Bears can still enter the market -I don't recommend buying at this point if you don't follow proper RM -But if you are looking to Short the market, wait until the support is broken A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
4
THETA/BTC (Hits Daily Key Level)💎Technical Analysis Summary💎 BINANCE: THETABTC -THETA hits the key level of support around 4700s sat range -The daily candle is not yet close but it is looking a bit bullish -I'm not saying this will pump the next day -But only showing a little strength at this region -Better to wait for the next candle pattern -Before making your decision to enter or not A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
6
THETA/BTC (Retest Important Key Support?)💎Technical Analysis Summary💎 BINANCE: THETABTC -Theta Token failed to create a Higher High -The price rejected at around 7000s sat area -It will likely to retest the key support area around 6200s sat -That would be a sign of weakness and the Bears might enter the market -So please be cautious buying at key support -Use proper stop loss location and follow your trading plan A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
12
THETA/BTC (Strong Uptrend)💎Technical Analysis Summary💎 BINANCE: THETABTC -Theta Token still trading on an uptrend channel -The upward trendline of support still valid -Currently, it is forming a small descending wedge -If a breakout to the upside happens, the target is the recent top -As long as the upward trendline is holding -The Bulls have control of this market `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
15
THETA/BTC (Testing Important Fib Resistance)💎Technical Analysis Summary💎 BINANCE: THETABTC -We can see multiple rejections at the last Fib resistance area -And Theta Token is trying to break above 0.786 -This is Bullish if the daily candle closes green -Provided it can hold above resistance area for at least 5-7 days -But I don't want to be optimistic at this level -Because of the warning signs like RSI, price action, low volume, & pattern -Yes, the price may still increase by up to 16% -But on the risk to reward perspective, it is not good -I would rather wait for a trendline support retest -Before looking for a Bullish/Bearish trade idea `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
14
THETA/BTC (Sign of Weakness?)BINANCE: THETABTC -Theta Token is trading inside an ascending channel which is Bearish -And a potential Bearish Double Top reversal pattern -The pattern still unconfirmed until the base neckline is broke down -Also, the upward trendline of support still intact -If you have a swing position from the start of its uptrend channel -Please take profit now and move your stop loss at key levels -Because can see signs of weakness especially the RSI and low volume `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
10
THETABTC Bullish Breakout Update and fresh setup hereTHETA/BTC now current price is 1582 Satoshi. After hit our 1st and 2nd Targets we can see some retramecment Retracement would be 1250-1350 Satoshi also posible. I can buy more when it will come down. because now I can expect retest at previous breakout support. Support :1171/1266 Satoshi Resistance : 1831/2625 Satoshi And hope you also booked 30% profit from first entry. I also booked. So keep an eye on every update And please like and follow me for latest crypto updates. thank you
Long
by CryptoPatel