Theta Token (THETA) on Binance (Strong Bounce)

Keep an eye out for Theta Token on Binance.

4H chart:

- Very strong bullish divergence on the MACD.

- RSI, DMI and STOCH now on the bullish zone and trending up.

- Reversal candle followed by strong huge green candle.

- Bouncing from bottom. Plenty of room left available for growth.


1D chart:

- Large stick at the bottom of the daily candle shows buyers pressure. A strong close today promotes additional upward movement.

- TD Sequential indicator buy signal.

Note: This is an educational post. This is not a trading advice.

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Namaste.

Comment:

Looks like a solid breakout.

Bullish crossover of the MAs and EMAs lines on the 1H chart:

Comment:

We hit 30% increase in price since my last update.

The daily chart shows additional room available for growth, but if you are trading this coin, I would highly recommend securing profits (even if just a portion or as much as you want), specially with a 35-40% increase in price.

Comment:

Looks like THETA wants to push for further gains...

Comment:

UPCOMING EVENTS for Theta Token (THETA)

30 June 2018 (or earlier) - Blockchain Explorer
The web tool will allow users to browse and search the contents in individual blocks, providing information related to block history, etc.

30 June 2018 (or earlier) - Initial Testnet
P2P network code in this phase will be done in parallel with the P2P Mesh Streaming work.

30 June 2018 (or earlier) - Testing Environment
"We plan to complete the initial implementation of the PoS blockchain prototype based off Tendermint."

30 June 2018 (or earlier) - PoC Demo
Users have the ability to simulate in a local sandbox how peer nodes in the Theta protocol cache and relay streams to other nodes.

30 September 2018 (or earlier) - Wallet Client
The wallet will be a secure, multi-platform wallet for sending and receiving Theta protocol-related currency.

30 September 2018 (or earlier) - P2P Mesh Streaming
Currently, the mesh streaming prototype is built on top of WebRTC, HTML5/Web player, which is easy to integrate and deploy.

31 December 2018 (or earlier) - Public Devnet / Mainnet
We will launch the Native Theta network on our new blockchain. Current Theta ERC20 tokens will be exchanged 1:1 for Theta blockchain tokens.

Trade closed: target reached

Comment:

One of our trade signals for THETABTC looks like this:

Theta Token

Buy in: 0.0000125 – 0.0000138
(Avg. 0.0000131)

Targets:

(1) 0.0000160 – Target hit 30-Nov. (+22%)
(2) 0.0000179 – Target hit 30-Nov. (+36%)
(3) 0.0000200 – Target hit 30-Nov. (+52%)