Jump to content

TheTa Token/U.S.dollar(THETAUSD) Elliott Wave Technical Analysis 22 May 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 22 May 23,  

TheTa Token/U.S.dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis 

Function: Reactionary(Counter Trend)

Mode: Corrective

Structure: Double corrective

Position: Wave ((Y))

Direction Next higher Degrees: wave II of Impulse

Wave Cancel invalid Level: 0.706

Details: : Trend Retracement of wave II usually .786 x Length wave I.

TheTa Token/U.S.dollar(THETAUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.

TheTaToken/U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

Thetaday.thumb.png.54e71e9c1cb542807904fd43a3d496f0.png

 

Elliott Wave Analysis TradingLounge 4H Chart, 22 May 23,  

TheTa Token/U.S.dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis 

Function: Reactionary(Counter Trend)

Mode: Corrective

Structure: Double corrective

Position: Wave ((Y))

Direction Next higher Degrees: wave II of Impulse

Wave Cancel invalid Level: 0.706

Details: : Trend Retracement of wave II usually .786 x Length wave I.

TheTa Token/U.S.dollar(THETAUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.

TheTaToken/U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum.

Thetah4.thumb.png.74fd61e21dc8c080f80ed4d0d94dfc6b.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Do you mean daily check-in the app could earn me 1 SOL? please how do i participate?
    • Hey everyone! 🌟 I recently came across the Bitget GoldVerse Community Campaign, and I think it's something you might want to check out, especially if you're into crypto gaming and airdrops. This campaign is exclusively for new Bitget APP users who register and download through a specified link. GoldVerse is a launch platform based on the TON ecosystem, designed to provide a fair, transparent, and secure environment for emerging projects. It's quickly becoming one of the most trusted token issuance platforms on TON, focusing on fairness, transparency, and community involvement. One of the coolest features is the GoldVersebot Mini-app on Telegram. Within just 10 days of its launch, it achieved over 1 million users! The game is super engaging—you can mine GDV coins by tapping in the Social Game, complete tasks, participate in activities, and invite friends to earn $GDV If you're looking for a fun way to earn some crypto and be part of a growing community, this might be worth your time. Plus, with the Bitget event, there are even more opportunities to earn rewards. Happy mining! ⛏️💰
×
×
  • Create New...
us