Theta Token (THETAUSD) Crypto Price News Today Elliott Wave Technical Analysis

BEST VALUE ELLIOTT WAVE SERVICE - Talk to 8 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 Daily Chart, THETA / U.S. Dollar (THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave C Direction (Next Higher Degrees): Pending Invalidation Level: Not defined THETA / U.S. Dollar (THETAUSD) Trading Strategy The correction within the Wave C structure appears complete, and THETAUSD is now entering a new Wave 1, indicating the beginning of a new uptrend. The sub-waves of this structure are emerging, with the asset likely to transition into Wave 2, which may act as a short-term retracement before resuming upward movement. Trading Strategies For Short-Term Traders (Swing Trade): If THETAUSD falls to the $0.88–$0.85 range and shows signs of reversal, it could present a strong buying opportunity. The upside target for this move is around $1.50. Risk Management: Should the price drop below the $0.71 support level, the current bullish scenario would be invalidated, requiring a reassessment of the wave structure. Elliott Wave Analysis – TradingLounge H4 Chart, THETA / U.S. Dollar (THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave C Direction (Next Higher Degrees): Pending Invalidation Level: Not defined THETA / U.S. Dollar (THETAUSD) Trading Strategy The corrective Wave C structure is now likely complete. THETAUSD is beginning a new Wave 1 of the upward trend. A sub-wave structure is currently forming, and a short-term Wave 2 pullback may follow before continuation of the overall upward movement. Trading Strategies For Short-Term Traders (Swing Trade): A decline to the $0.88–$0.85 area, followed by a reversal signal, could serve as a solid buying opportunity targeting $1.50. Risk Management: If the price breaks below the $0.71 support, the bullish view is no longer valid and a new analysis may be needed. Technical Analyst : Kittiampon Somboonsod, CEWA BEST VALUE ELLIOTT WAVE SERVICE - Talk to 8 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. #THETAUSD #ElliottWaveAnalysis #TechnicalAnalysis #CryptoTrading #ZigzagCorrection #WaveStructure #SwingTradingStrategy #THETAPriceForecast #ShortTermCryptoTrends #SupportAndResistance #RiskManagement #TradingLounge #CEWA #ChartAnalysis #CryptocurrencyMarket