Jump to content

Theta Token/U.S. dollar(THETAUSD) Elliott Wave Technical Analysis 20 September 23


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 20 September 23, 

Theta Token/U.S. dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis 

Function: Follow trend    

Mode: Motive

Structure: Diagonal 

Position: Wave V

Direction Next higher Degrees: wave (C) of Zigzag

Wave Cancel invalid Level: 

Details: The fall of the V wave is the last in a series of five waves. Warning before correction or trend change

Theta Token/U.S. dollar(THETAUSD)Trading Strategy: the overview downtrend of Theta Token does not end, by the price still below MA200, MA50 Line and Wave ((C)) is not complete, we look for the price at below 0.566

Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is a below the MA200 indicating a downtrend, RSI is a Bullish Momentum

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

Thetaday.thumb.png.fa62059c4c5478a5d7db71692c234ee4.png

 

Elliott Wave Analysis TradingLounge 4H Chart, 20 September 23,  

Theta Token/U.S. dollar(THETAUSD)

THETAUSD Elliott Wave Technical Analysis 

Function: Counter trend    

Mode: Corrective

Structure: Triangle  

Position: Wave E

Direction Next higher Degrees: wave (4) of Impulse

Wave Cancel invalid Level: 

Details: Movement within a triangle When a triangle end the price fall down again in wave (5)

Theta Token/U.S. dollar(THETAUSD)Trading Strategy: the overview downtrend of Theta Token does not end, by the price still below MA200, MA50 Line and Wave ((C)) is not complete, we look for the price at below 0.566

Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is a below the MA200 indicating a downtrend, RSI is a Bullish Momentum

Thetah4.thumb.png.f781313ef89ae6aa2a2ec25030e7f995.png

Link to comment
  • 3 months later...

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

    • Recently, U.S. Senator Bill Hagerty from Tennessee spoke at the Bitcoin conference, stating his efforts to push for Bitcoin-supportive legislation to promote freedom and opportunity. This year, cryptocurrency has become a key battleground in the election campaigns. It remains to be seen whether future policies on cryptocurrency will improve.
    • The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized   This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value.   The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense   Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
    • I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
×
×
  • Create New...
us