Theta token Elliott Wave technical analysis [Video]
![Theta token Elliott Wave technical analysis [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Theta/theta-150x150logo-637399981745974975_XtraLarge.png)
Elliott Wave Analysis TradingLounge Daily Chart,
Theta Token/U.S. dollar(THETAUSD).
THETA/USD Elliott Wave technical analysis
Function: Counter trend.
Mode: Corrective.
Structure: Flat.
Position: Wave ((4)).
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/USD trading strategy
Theta Token overall is moving in an uptrend with an Impulse pattern where the third wave of the move is already complete. We are currently in a short-term pullback from the fourth wave correction. before prices rise again in the fifth wave. Wait for the correction to complete to rejoin the trend.
Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
Elliott Wave Analysis TradingLounge 4Hr Chart, 20 March 24,
Theta Token/U.S. dollar(THETAUSD)
THETA/USD Elliott Wave technical analysis
Function: Counter trend.
Mode: Corrective.
Structure: Flat.
Position: Wave ((4)).
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/USD trading strategy
Theta Token overall is moving in an uptrend with an Impulse pattern where the third wave of the move is already complete. We are currently in a short-term pullback from the fourth wave correction. before prices rise again in the fifth wave. Wait for the correction to complete to rejoin the trend.
Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
THETA/USD Elliott Wave technical analysis [Video]
Author

Peter Mathers
TradingLounge
Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.






