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Theta Token/U.S.dollar(THETAUSD) Elliott Wave Technical Analysis 14 June 23


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Elliott Wave Analysis TradingLounge Daily Chart, 14 June 23,  
Theta Token/U.S.dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Counter trend    
Mode: Corrective
Structure: Double Corrective
Position: Wave ((Y))
Direction Next higher Degrees: wave II of Impulse
Wave Cancel invalid Level:
Details: post-Triangle thrust was measured at 0.479


Theta Token/U.S.dollar(THETAUSD)Trading Strategy: Theta Token continues to remain in a downtrend. The decrease in wave 3 corresponds to the price being below the MA200 line, showing a clear downward trend. Wave 3 is usually 2.618 x wave 1 in length.


Theta Token/U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend, Wave Oscillator has a Bearish momentum.


TradingLounge Analyst: Kittiampon Somboonsod, CEWA







Elliott Wave Analysis TradingLounge 4H Chart, 14 June 23,  
Theta Token/U.S.dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Counter trend    
Mode: Corrective
Structure: Double Corrective
Position: Wave ((Y))
Direction Next higher Degrees: wave II of Impulse
Wave Cancel invalid Level:
Details: post-Triangle thrust was measured at 0.479


Theta Token/U.S.dollar(THETAUSD)Trading Strategy: Theta Token continues to remain in a downtrend. The decrease in wave 3 corresponds to the price being below the MA200 line, showing a clear downward trend. Wave 3 is usually 2.618 x wave 1 in length.


Theta Token/U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend, Wave Oscillator has a Bearish momentum.

Thetah4.thumb.png.64a3bb7b93c318e7cc7a0fc65448177b.png

Theta day.png

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