Elliott Wave Technical Analysis: THETAUSD - Tuesday, February 20
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Elliott Wave Analysis TradingLounge Daily Chart, 20 February 24,
Theta Token/ U.S. dollar (THETAUSD)
THETAUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (1)
Direction Next higher Degrees: wave ((3)) of Impulse
Wave Cancel invalid Level:
Details: The five-wave increase of Wave (1)
Theta Token/ U.S. dollar (THETAUSD) Trading Strategy:
In the five-wave increase of Impulse current, we have 3 waves move up and missing two moves in decline wave 4 and increase again in wave 5 so the overview is an uptrend and the price still has a chance to increase.
Theta Token/ U.S. dollar (THETAUSD) Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.
TradingLounge Analyst: Kittiampon Somboonsod, CEWA
Source: Tradinglounge.com
Elliott Wave Analysis TradingLounge 4Hr Chart, 20 February 24,
Theta Token/ U.S. dollar (THETAUSD)
THETAUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (1)
Direction Next higher Degrees: wave ((3)) of Impulse
Wave Cancel invalid Level:
Details: The five-wave increase of Wave (1)
Theta Token/ U.S. dollar (THETAUSD) Trading Strategy:
In the five-wave increase of Impulse current, we have 3 waves move up and missing two move in decline wave 4 and increase again in wave 5 so the overview is an uptrend And the price still has a chance to increase.
Theta Token/ U.S. dollar (THETAUSD) Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.
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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817