Theta token Elliott Wave technical analysis [Video]
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THETA/USD Elliott Wave technical analysis
Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((5)).
Direction next higher degrees: Wave I of Impulse.
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.
THETA/USD Elliott Wave Technical Analysis
Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((5)).
Direction next higher degrees: wave I of Impulse.
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.
Theta token 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.
