THETA/BTC - Theta Network: Resistance_Breakout_Confirmation

Crypto2AF Updated   
BINANCE:THETABTC   Theta Token / Bitcoin
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the THETA / BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.0000252 | 0.00002652 | 0.00002869, while substantial support zones are identifiable at 0.00002303 | 0.00002218 | 0.00002001. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.00002546 and setting sights on higher levels of profitability.

◰◲ General info:
▣ Name: Theta Network
▣ Rank: 54
▣ Exchanges: Binance, Huobipro, Hitbtc
▣ Category/Sector: Media and Entertainment - Content Creation and Distribution
▣ Overview: The Theta Network is a blockchain protocol for improving the process of creating, streaming, and consuming video content online. Theta Tokens are used in the network to incentivize users to act as peers who share redundant or excess computing and bandwidth resources with other peers. In June 2021, Theta Network added NFTs, e.g. trading cards of media celebrities, to the product portfolio.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.00002546 ₿
▣ 24HVol: 9.556 ₿
▣ 24H Chng: 2.744%
▣ 7-Days Chng: 7.53%
▣ 1-Month Chng: 19.10%
▣ 3-Months Chng: -32.07%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.0000252 | 0.00002652 | 0.00002869
◢ Support: 0.00002303 | 0.00002218 | 0.00002001

◱◳ Indicators recommendation:
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY

◰◲ Technical Indicators Summary: STRONG_BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 3.31
▣ Last 90D: -2.02
▣ Last 1-Y: -0.11
▣ Last 3-Y: 0.86
◲◰ Volatility:
▣ Last 30D: 0.59
▣ Last 90D: 0.64
▣ Last 1-Y: 0.78
▣ Last 3-Y: 1.22

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.35 - Bearish
▣ Reddit sentiment score is 0.42 - Bearish

▣ In-depth THETABTC technical analysis on Tradingview TA page

▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.

Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
Trade active:
#THETA/BTC Take-Profit target 3 ✅
Profit: 5.3286% 📈
Period: 7 Days 18 Hours 7 Minutes ⏰
Trade active:
#THETA/BTC Take-Profit target 4 ✅
Profit: 7.0012% 📈
Period: 12 Days 0 Hours 58 Minutes ⏰


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.