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Cryptocurrency News Video

Theta Token Crypto Price News Today Elliott Wave Technical Analysis

Jan 22, 2025 at 03:58 am TradingLounge

BEST VALUE ELLIOTT WAVE SERVICE - Talk to 7 Analysts in our Chat Lounge - Get 2 FREE Months! https://tradinglounge.com/341 Over 200 Markets, Chat Rooms, AI & Algo Elliott Wave Charting, Trade Portfolios & More.. Elliott Wave Analysis TradingLounge Theta/ U.S. dollar(THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave 5 of Impulse Wave Cancel invalid Level: Details: The increase again in Wave 5. Theta/ U.S. dollar(THETAUSD)Trading Strategy: This correction structure is a Triangle pattern which indicates the continuation of the previous trend. The uptrend correction wave is in the Consolidation Zone with a major support at 1.899 (W.C. Invalid). If the price holds above the support at 2.000 and breaks the resistance at 2.533, a Long position can be opened with a target at 3.877 and a Stop Loss level of 1.899. Main Outlook: * THETAUSDT has an uptrend if the price can break through 2.533 to confirm the start of Wave (5). The target is 3.877 but be careful if the price breaks below 1.899 as it will change the structure. Theta/ U.S. dollar(THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave 5 of Impulse Wave Cancel invalid Level: Details: The increase again in Wave 5. Theta/ U.S. dollar(THETAUSD)Trading Strategy: This correction structure is a Triangle pattern which indicates the continuation of the previous trend. The uptrend correction wave is in the Consolidation Zone with a major support at 1.899 (W.C. Invalid). If the price holds above the support at 2.000 and breaks the resistance at 2.533, a Long position can be opened with a target at 3.877 and a Stop Loss level of 1.899 Main Outlook: * THETAUSDT has an uptrend if the price can break through 2.533 to confirm the start of Wave (5). The target is 3.877 but be careful if the price breaks below 1.899 as it will change the structure. Technical Analyst : Kittiampon Somboonsod, CEWA BEST VALUE ELLIOTT WAVE SERVICE - Talk to 7 Analysts in our Chat Lounge - Get 2 FREE Months! https://tradinglounge.com/341 Over 200 Markets, Chat Rooms, AI & Algo Elliott Wave Charting, Trade Portfolios & More.. YOU CAN REACH ME via: LinkedIn:https://linkedin.com/in/petermathers Facebook: https://www.facebook.com/tradinglounge/ Twitter: https://twitter.com/tradinglounge https://tradinglounge.com/ Special Trial Offer - Buy 3 months subscription and get 5 Months! Click here https://tradinglounge.com/341 7 Analysts Over 200 Markets Covered Risk Disclaimer - This is not financial advice. The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Tradinglounge accepts no responsibility for any use that may be made of these comments and for any consequences that result. Tradinglounge™ uses a range of technical analysis tools, such as Volume Analysis, Trading Levels, Elliott Wave, software, and fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our Trading Lounge™ websites and our Trading Lounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, trading lounge takes no responsibility whatsoever for your trading losses or profits This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products. #crypto #cryptocurrency #trading #elliottwave #elliott #investing #investment #technicalanalysis #blockchain #mining #tradinglounge #thetatoken #thetausd #theta
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