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Theta Token Crypto Price News Today Elliott Wave Technical Analysis


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Elliott Wave Analysis TradingLounge Daily Chart 
Theta Token/ U.S. dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Follow trend    
Mode: Motive
Structure:  Impulse
Position:  Wave ((5))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level: 
Details: Wave ((4) may is complete and the Price entry to uptrend again


Theta Token/ U.S. dollar(THETAUSD)Trading Strategy:
The correction in wave ((4)) appears to be over. And the price is increasing again in waves ((5)), so the overall picture is looking for an opportunity to open a long position. with a target price at the level 5.185 - 6.263


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





Elliott Wave Analysis TradingLounge H4 Chart 
Theta Token/ U.S. dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis 
Function: Follow trend    
Mode: Motive
Structure:  Impulse
Position:  Wave ((5))
Direction Next higher Degrees: wave I of Impulse
Wave Cancel invalid Level: 
Details: Wave ((4) may is complete and the Price entry to uptrend again


Theta Token/ U.S. dollar(THETAUSD)Trading Strategy:
The correction in wave ((4)) appears to be over. And the price is increasing again in waves ((5)), so the overall picture is looking for an opportunity to open a long position. with a target price at the level 5.185 - 6.263


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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Edited by tradinglounge
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