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Thetatoken

THETA TOKEN: Is the dip over?In this chart I slightly repositioned the FIB retracement to reflect the recent upward movement (started on Mar 20), and to see where the recent dip lies within that. Theta is recovering beautifully so far in between .5 and .318 fib levels, better than most other coins, I'd say. I've noticed from the past charts, that Theta often does the opposite of what other coins do. The market goes down, Theta goes up, and wise versa. But it's still important to understand that when our boy Beethoven is making big moves, the rest follow. And while I personally did not expect a dip as wild as this one was, I also overlooked the importance of the news about postponement of Mainnet 3.0 to the end of June. Here in the chart I applied a generous 16-weeks EMA, and together with the recent dip it looks quite organic and healthy. All in all, all the vitals are good; and unless something crazy happens, I personally do no expect it to go back to the $10 area. The 4 hour chart looks bullish, with a clear bullish pennant and a consolidation precisely in the middle. The 1 day chart paints a slightly different picture (so far) with a doji candle (still green though), and an overbought RSI of 82. But when did that stop Theta? Not a financial advise: While this consolidation looks just like the ones that happened before, preceding the previous rapid upward moves, we may not be out of the water just yet. I'd be on a lookout for rapid pushes through the .318 fib level over the next 2 days, to confirm Theta's intention to go up.
Long
by EsmeBoussen
1
THETA 32% rally in jeopardy as immense resistance emerge at $14 THETA rallies towards all-time highs following a bounce from key support at $10. The MACD has a bearish impulse, suggesting that THETA would correct toward the 50 SMA. THETA is among the few double-digit gainers in the cryptocurrency market. This token has had a tremendously yielding first quarter of 2021. THETA has quickly grown from a less known cryptoasset, making it into the top ten. It has a market cap of $13 billion and is holding the eighth position in the market. At the time of writing, THETA is exchanging hands at $13.12 after meeting acute resistance at $14. Holding above $13 will ensure that the accrued gains are not lost and guarantee stability in the market. Note that buyers have their eyes glued on $15, the current all-time high. On the flip side, massive declines are likely to come into the picture if the token fails to hold at $13. Tentative support areas include $12 and the 50 Simple Moving Average (SMA) on the 4-hour chart. The Moving Average Convergence Divergence appears to validate the correction. This is a momentum oscillator utilized in trading trends but rarely used to identify overbought and oversold conditions. The indicator manifests on a chart with a couple of trendlines oscillating with no boundaries. Note that the crossover of these two lines is a trading signal resembling that of the moving average system. It is essential to keep in mind that crossing above the midline (zero line) is regarded as bullish, while crossing below the same line is bearish. Moreover, when the MACD line (blue) crosses above the signal line, it is bullish. On the other hand, the trend tends to flip bearish when the MACD line crosses under the signal line. Therefore, THETA is most likely to incur losses instead of continuing with the rally in the short-term. THETA intraday levels Spot rate: $13.1 Relative change: -0.05 Relative change: -0.2% Trend: Bullish Support: 50 SMA on the 4-hour chart Resistance: $14
BINANCE:THETAUSD
by CoinGape
Another bull run for THETA, another retracementCrazy last couple days for Theta token! It smashed through a few ATHs with very little resistance, and, well, it looked SCARY. Looking at its previous moves, and at what other coins do my logic screamed it HAD to retrace. My FOMO made me buy some at the semi-high. Ouch. So here's some Fib levels. It clearly retraces back to .382, to around $12.8, where it has the strongest support so far. This is a healthy retracement, that I wouldn't be too worried about. I can see the possible H&S pattern unfold in the next day or two, AND it MAY decide to go back down more and test the 0.5. An hourly RSI looks like it can dip more before a period of sideways consolidation.
Long
by EsmeBoussen
7
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 & the Stairway to Crypto HeavenWe went long THETA on 26 June 2019 at $0.13. The cryptocurrency had an amazing run throughout 2020 and broke the $2 level on New Years day 2021. The price has continued to explode throughout the first quarter of 2021, reaching a high of $8 before pulling back to $7.29. THETA looks to solve the problem of diminishing Broadband Capacity. THETA has solved that huge problem with a "self-funding" decentralized broadband expansion technology. Theta's platform allows users to earn money by sharing bandwidth and computing resources on a peer-to-peer (P2P) basis. It's fast, secure and extremely cheap to use. Turing-complete smart contract support was enabled on the Theta Blockchain Mainnet last month. Smart contract funcionality opens up a whole new set of user experiences and new attribution models for DApps built on the THETA network Also, the team announced the next generation THETA blockchain: THETA Mainnet 3.0 projected to launch in the Spring 2021 will introduce TFUEL staking and burning. Recently Lionsgate became the latest Hollywood studio to bring content to Theta Network. Expect more partnerships with Broadband Streaming to follow with the likes of Netflix , Amazon Prime, YouTube, Hulu, Comcast, Xfinity. medium.com In other good news for Theta, ThetaSwap v1 recently launched as the first decentralized exchange (DEX) for Theta blockchain: medium.com Furthermore Theta Network launched in Japan with LINE Blockchain THETA.tv app: medium.com We are +5592% on this trade and remain bullish on THETA. It is yet to be listed on Coinbase and the project is still very much under the radar. If the Coinbase listing goes ahead, 330 million U.S. citizens will be able to join the Theta stairway to crypto heaven. The following is an excerpt from u/Kronix82 'My Detailed Thoughts On Theta And It's Massive Potential' which was posted over on reddit: 'In my strong option Theta is the #1 sleeping giant in the crypto space by far, and what it will do over the next few years will shock even those that are paying attention to it now. Bandwidth sharing, CPU sharing, GPU sharing, storage sharing, DEX, NFT (which will include exclusives with major movie/entertainment and gaming studios/platforms), smart contracts, low fees, incentive for participants, major partnerships with some of the biggest tech, gaming and entertainment companies on the planet (more coming soon) that will be able to expand the nodes from a few 1000's (organic) to over 1 billion by adding edge nodes to cell phones, computers, smart TVs, and even video game consoles via a simple software/ISO update when the timing is right (aka strategically). Nevermind that right now as we speak Theta.tv is being used as a beta test for YouTube and Twitch (more will follow) so once ready it can be leveraged by those platforms as a 2nd layer solution which will be overlapped ontop of their current CDN's on their platforms, and will be rolled out officially in the future shortly after the nodes are expanded from 1000's to hundreds of millions via the planned software/IOS updates across all these tech companies devices (Samsung/Apple/Sony... and more which are already validators but have not yet made that public and are currently having Theta Labs stake on their behalf for the time being).' www.reddit.com
BINANCE:THETAUSDLong
by rzinho
1
THETA UNSTOPPABLE. BIG INVESTORS. BIG OPPORTUNITY. $12.THETA.TV. Samsung invested. Sony invested. Gfuel invested.Huge capital funds have noticed. The future of paid streaming and rewards for both streamers, viewers, AND NFT marketplaces. Big players have dropped billons into this within a month. Mainnet launches in 38 Days. There are 4 events planned before then. Samsung VR and the NFT space isn't going anywhere. And with the co-founder of YouTube being the head Media Advisor for THETA.tv, you'd be hard pressed to find a more positive indicator. *Disclaimer: Not financial advice. Just my projections.
Long
by solomonopoly
Best price you will ever get $THETA - Samsung Partnership - BUY$THETA has been climbing recently and for very good reason (Samsung Deal). This is probably the best project we have ever seen come from the crypto space. It has a little bit of a pullback they we likely never to see again at this price. The TA clearly shows us it's trying to breakout again here with the MACD and RSI looking very good. It will most likely bounce off the trend line here pictured and we'll never see the $6 range ever again. WATCH VIDEO: Here is the Samsung - THETA video: www.youtube.com THETA: www.thetatoken.org
Long
by jeffreytesterman
1