THETAUSD
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.
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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
Theta Network (THETA) - March 24Hello?
Dear traders, nice to meet you.
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Have a good day.
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We need to see if we can get support from 11.9546-12.5496 and climb above 14.3345 points.
If it falls, you need to make sure you get support at 10.5281.
If you decline in the 8.9797-9.5747 range, you need a short stop loss.
The next volatility period is around March 27 (March 26-28).
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(THETABTC 1D Chart)
You need to make sure you get the support at the point of 0.00023397.
If it falls, you need to make sure you get support in the 0.00019655-0.00020591 range.
Due to the sharp rise, it may fall to the 0.00014978-0.00015914 section, so careful trading is necessary.
If it falls between 0.00014978-0.00015914, a short Stop Losss is required.
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** All indicators are lagging indicators.
So, it's important to be aware 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)
THETA QUICK SCALP :)Don't want to be holding onto anything for too long with the choppy conditions BTC is presenting us currently, however THETA has been one of the few projects that has held up well and recovered strongly. We can see its primed for another wave up at the moment!
Wanting to take profits just below the 4hr trendline.
S/L: 10.95
TARGET 13
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
THETA/USDT - On the moon, can we fall down?Theta is officially on the moon after doing a 300x since March 2020. Crazy right? Only crypto can provide such returns.
Now that we look at the chart and where we are I see a massive wedge forming on this raising parabola. We can still pump nicely a bit, but there is not much room left. Maybe Theta can do another 1x to reach $20, but after that its likely we will turn back and correct some.
This is not the time to buy or FOMO, but slowly secure profits as we go up and especially if the yellow parabola breaks.
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$THETAUSD - Long on the triangle breakoutHello everyone!
Theta is looking to escape the triangle and continue uptrend.
The best point to keep in mind in all chart pattern trades is wait for a breakout, the best of the best is wait for a breakout and retest, so wait for a signal and perform the necessary trade.
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.
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.
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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.
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(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)
THETAUSDT Pennant patternTHETAUSDT (1H CHART) Technical Analysis Update
Pennant Pattern
THETA/USDT currently trading at $7.34
Long Entry-level: Above $7.58 (only buy if 4h candle closes above 7.58$)
Stop loss: below $6.34
Target 1: $9.00
Target 2: $10.00
Target 3: $12.50
Target 3: $15.00
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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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