Hey everyone,
Today, I'll be introducing Theta with a fundamental and technical analysis!
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!
Fundamentally, I believe that it is time for Theta to fly. Two huge events are coming with Theta: V2 Edge Streaming DApp and V2Smart Contract Platform by the end of September.
Technically, I believe we are seeing a continuation pattern to the upside. This argument is also supported by a convergence of the MAs and a bullish tendency in the MACD. This is also supported with an ABCD pattern. Currently, we're in the C phase to reach point D. For targets, I aim for the 0.5 fibonacci level and 0.618. This prices are approximately 10$ and 12$ respectively.
Today, I'll be introducing Theta with a fundamental and technical analysis!
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!
Fundamentally, I believe that it is time for Theta to fly. Two huge events are coming with Theta: V2 Edge Streaming DApp and V2Smart Contract Platform by the end of September.
Technically, I believe we are seeing a continuation pattern to the upside. This argument is also supported by a convergence of the MAs and a bullish tendency in the MACD. This is also supported with an ABCD pattern. Currently, we're in the C phase to reach point D. For targets, I aim for the 0.5 fibonacci level and 0.618. This prices are approximately 10$ and 12$ respectively.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.