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Theta Token Elliottwave Crypto Price News Today - Technical Analysis

Elliott Wave Analysis TradingLounge Daily Chart,

Theta Token/ U.S. dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Flat

Position: Wave ((4))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid Level:

Details: the corrective of Wave 4 has a trend to 38.2% of Wave 3

Theta Token/ U.S. dollar(THETAUSD)Trading Strategy:

Theta Token overall is moving in an uptrend with an Impulse pattern where the third wave of the move is already complete. We are currently in a short-term pullback from the fourth wave correction before prices rise again in the fifth wave. Wait for the correction to complete to rejoin the trend.

Theta Token/ U.S. dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Source: Tradinglounge.com

Elliott Wave Analysis TradingLounge 4Hr Chart, 20 March 24,

Theta Token/ U.S. dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Flat

Position: Wave ((4))

Direction Next higher Degrees: wave I of Impulse

Wave Cancel invalid Level:

Details: the corrective of Wave 4 has a trend to 38.2% of Wave 3

Theta Token/ U.S. dollar(THETAUSD)Trading Strategy:

Theta Token overall is moving in an uptrend with an Impulse pattern where the third wave of the move is already complete. We are currently in a short-term pullback from the fourth wave correction before prices rise again in the fifth wave. Wait for the correction to complete to rejoin the trend.

Theta Token/ U.S. dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.

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