💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
THETA is trying to conquer the $7.5 zone and if it succeeds, it will have strong bullish days to the $9 and $13 zones. But if it loses the $6.5 zone, it will correct to the $5.5 zone
📈RED PLAN 🔴Buy : 6.35-6.65$. SL if B
🔴Buy : 7.3-7.7$ if A. SL if B
📉BLUE PLAN 🔴Sell : 8.8-9.2$. SL if A
🔴Sell : 12.7-13.3$. SL if A
🟣PURPLE PLAN 🔵Sell : 6.35-6.65$ if B. SL if A
🔵Buy : 5.35-5.65$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Theta is a decentralized video delivery network, powered by users, running on a dedicated blockchain (Theta Network). Its value proposition is to reduce the costs of content delivery networks by effectively creating a mesh network of shared content.
Initially launched as an ERC-20 token, Theta has run its mainnet since March 2019, following a $20MM raise via private token sales in 2017.
Theta Network leverages three core features:
Modified BFT consensus mechanism: a modified BFT consensus mechanism that allows thousands of nodes to participate in the consensus process, while still supporting more than 1,000+ TPS.
Off-chain pool for micropayments: a system that relies on a set of guardian nodes to keep a signature through the partial aggregation of signatures from its neighbors before gossiping it out the aggregated signature. Through this system, it allows the signature share of each node to reach other nodes at an exponential rate while keeping the communication overhead small.
Aggregated Signature Gossip Scheme: built for video streaming purposes, it allows users to benefit from an off-chain micropayment pool.
Its crypto-economics is centered around a two-token modelwith THETA and TFUEL:
THETA is the governance token of the Theta protocol: it is used to stake as a Validator or Guardian node, to produce blocks, and to participate in the protocol's governance.
TFUEL is the operational token of the Theta protocol: it is used by users to complete transactions (e.g., for a relay node to provide a third party with a video stream, to deploy / interact with smart contracts). Nodes earn TFUEL for every video stream they relay to other users on the network.