Thetabtclong
THETA - Finding ReentryTook profits at 2500 on previous pump. Missed 2290 entry by not setting orders before falling asleep. But would have liked have seen a bit of a deeper retrace. Now we have moved to the upper half of the channel on a steeper trend line. Have orders set in the between 2340-2480. Excited to get on this for the next leg up 2800-3000. Want to see the Stoch get into the buy zone first, and then move out rather quickly.
THETA!!! For the LONG win. THETA is a decentralized video streaming platform powered by users and an innovative new blockchain. Steven Chen Co-Founder of Youtube is quoted saying:
"Theta’s innovation is set to disrupt today’s online video industry much in the same way that the YouTube platform did to traditional video back in 2005. One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams,” said Steve Chen, Co-Founder of YouTube. “I’m excited to be part of the next evolution of the streaming space, helping Theta create a decentralized peer-to-peer network that can offer improved video delivery at lower costs."
Live video streaming accounts for over two-thirds of all internet traffic today, and it is expected to jump to 82% by 2020, according to Cisco’s June 2016 Visual Networking Index report. In the US, millennials between the ages of 18 and 34 are driving the growth of video streaming, and are heavy users of services like Netflix, Youtube, and HBO. Streaming video among this group has jumped 256% from an average of 1.6 hours per week to 5.7 hours per week according to an SSRS Media and Technology survey, and mobile devices are leading the charge in video consumption growing 44% in 2015 and 35% in 2016. The top five video streaming players in the US are Facebook, Google/Youtube, Twitter, and related properties, Live.ly and Twitch.
Being a crypto OG I'm biased and everything seems like BS until I dig into the code. After doing so I am assured that Jieyi Long is working hard to make this project a reality and as I dig into the code I can see the broader vision of Theta Token. He has a deep understanding of the idea that I've had for a decade. The amount of commits to Github seem to be speeding up averaging 3 a day since February.
"F@#k that I'm a trader.", you say? Well just follow this channel buy and sell in the dark areas set your stops to bail if it breaks.
Theta Token consolidated and it is now time for breakout! Whats up my crypto friends!!! I shared a signal on this coin earlier around the 1500's level to my premium binance members.
I needed to do this analysis on Theta Token as i noticed it approaching a breakout point
so i checked the charts and discovered that this will most likely go to the illustrated projected
target range of 2100-2500. The current VOLUME on Binance is under 1,000 btc which makes for
a great set up for a nice pump in this coin. I see 1920's as the KEY resistance stopping this from really
breaking out into the 2500's range which from current price level of 1720 sats would be a profit of
nearly 46% following 2500 sats if reached i will be expecting a retrace.
Also if you want more ACTIVE UPDATES on my PERSONAL POSITIONS involving BINANCE and BITMEX ASK me about becoming a VIP member
in the DISCORD community!!!! LINK is below in the SIGNATURE box!
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
THETABTC THETA HUGE 10-33% PROFIT EXPECTED SHORTLY.LIKE & SHARE THIS ANALYSIS
EXCHANGE: BINANCE | CHART DURATION: 4HR
CURRENT PRICE: 1360
ENTRY PRICE : 1250-1350
TARGETS : 1500-1600-1700-1800
STOP LOSS : 1253
TECHNICAL ANALYSIS
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1. RSI 35
2. MFI TOUCHED 20
3. MACD OVERSOLD
4. STOCH GOOD
5. CYCLIC INDICATOR - GREEN STARTED
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News
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Big update for the Theta project today! We've released the Theta Mainnet source code and version 2.0 of our white paper with lots of exciting development updates.
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