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Theta Token Cryp Price News Today - Elliott Wave Technical Analysis


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Elliott Wave Analysis TradingLounge Daily Chart,  2  April  2024, 
Theta Token/ U.S. dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Counter trend    
Mode: Corrective
Structure:  Flat
Position:  Wave ((B))
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 is still in an uptrend. With the Impulse style movement, we are still missing two more moves to complete the style. in the fourth wave decline and increase again in the fifth wave. And currently prices are correcting in the fourth wave. It is likely to go down to test 2.168, waiting for the correction to complete to join the trend again.


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


TradingLounge Analyst: Kittiampon Somboonsod, CEWA





Elliott Wave Analysis TradingLounge 4H Chart, 2  April  2024,  
Theta Token/ U.S. dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Counter trend    
Mode: Corrective
Structure:  Flat
Position:  Wave ((B))
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 is still in an uptrend. With the Impulse style movement, we are still missing two more moves to complete the style. in the fourth wave decline and increase again in the fifth wave. And currently prices are correcting in the fourth wave. It is likely to go down to test 2.168, waiting for the correction to complete to join the trend again.


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

Technical Analyst : Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

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