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👀Huobi x CoinMarketCal👀A Coin To Keep An Eye On — THETA

🔹What is THETA?

Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open-source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. THETA.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers.

🔹Daily Airdrops

📅 Upcoming Event:

🔹Dec. 10th — Smart contracts go live on Theta mainnet from coinmarketcal.com!

Dec. 7th 2:25 EST-1 Day -Theta | USDT

📈 Analysis

An early December pump gave THETA bulls 27% returns, with the price now returning to the December monthly open.

Both bears and bulls can point to attractive nearby targets, with short-term bears likely to set their sights on the lows near $0.57335 and the swing low at $0.5531.

A move to these levels could give bulls an excellent entry for a counter-move toward the highs near $0.75129, an area which has so far provided resistance.

However, there is little above this resistance to slow down a bullish trend — unless a tap of the equal highs near $0.79893 proves to satisfy larger players’ bullish appetite. On the other hand, the possible upward continuation from these highs opens the door to parabolic price discovery.

🔹Trade THETA on Huobi and claim your $170 bonus

👀Follow Us On Twitter @HuobiGlobal + @CoinMarketCal

👀www.huobi.com; coinmarketcal.com

Risk Reminder:

1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.

2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.

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