Crypto2AF

THETA/BTC - Theta Network: Super Trend

BINANCE:THETABTC   Theta Token / Bitcoin
◳◱ On the $THETA/ BTC chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00005259 | 0.00005928 | 0.00007199 and support near 0.00003988 | 0.00003386 | 0.00002115. Entering trades at 0.00004774 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Theta Network
▣ Rank: 41
▣ 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: 0.00004774 ₿
▣ 24HVol: 19.208 ₿
▣ 24H Chng: 8.574%
▣ 7-Days Chng: -6.35%
▣ 1-Month Chng: 174.98%
▣ 3-Months Chng: 217.73%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.00005259 | 0.00005928 | 0.00007199
◢ Support: 0.00003988 | 0.00003386 | 0.00002115

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

◰◲ Technical Indicators Summary: BUY

◲◰ Sharpe Ratios:
▣ Last 30D: 8.92
▣ Last 90D: 4.23
▣ Last 1-Y: 1.58
▣ Last 3-Y: 0.25
◲◰ Volatility:
▣ Last 30D: 1.51
▣ Last 90D: 1.17
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.10

◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.35 - Bearish
▣ Reddit sentiment score is 0.31 - 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 -

Disclaimer

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.