Theta Token(THETAUSD) Elliott Wave Technical Analysis 8 September 2022

Elliott Wave Analysis TradingLounge Daily Chart, 8 September 2022, Theta Token(THETAUSD)

THETAUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Flat

Position: Wave 2

Direction Next higher Degrees: Wave (2) of ((C))

Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave.

Wave Cancel invalid Level: 1.713

Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA50 Line and continue downward in wave (3), providing a short-term trading opportunity in the downtrend.

Theta Token(THETAUSD) Technical Indicators: MACD has a Hidden Bul ish divergence, Short-term price has an opportunity reversal

TradingLounge Analyst: Kittiampon Somboonsod

Elliott Wave Analysis TradingLounge 4H Chart, 8 September 2022,

Theta Token(THETAUSD)

THETAUSD Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Flat

Position: Wave 2

Direction Next higher Degrees: Wave (2) of ((C))

Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave.

Wave Cancel invalid Level: 1.713

Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA200 Line and continue downward in wave C, providing a short-term trading opportunity in the downtrend.

Theta Token(THETAUSD) Technical Indicators:MACD has a Bullish divergence, Short-term price has an opportunity reversal.

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Comments

JessieTheresa
2022-09-08
JessieTheresa
Good article, not good trend... Short-term bull and long-term bearsss
haircut
2022-09-08
haircut
ok
Johnngwk
2022-09-08
Johnngwk
👍
LuckyLee
2022-09-08
LuckyLee
ok
AngieN
2022-09-08
AngieN
Ok
PC007
2022-09-08
PC007
Nice

Leave a comment

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Strategy: The price range tends to test resistance at MA50 Line and continue downward in wave (3), providing a short-term trading opportunity in the downtrend.</p><p>Theta Token(THETAUSD) Technical Indicators: MACD has a Hidden Bul ish divergence, Short-term price has an opportunity reversal</p><p>TradingLounge Analyst: Kittiampon Somboonsod</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8d29a8415ba48784f761b5147e7b4c32\"></p><p>Elliott Wave Analysis TradingLounge 4H Chart, 8 September 2022,</p><p>Theta Token(THETAUSD)</p><p>THETAUSD Elliott Wave Technical Analysis</p><p>Function: Counter trend</p><p>Mode: Corrective</p><p>Structure: Flat</p><p>Position: Wave 2</p><p>Direction Next higher Degrees: Wave (2) of ((C))</p><p>Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave.</p><p>Wave Cancel invalid Level: 1.713</p><p>Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA200 Line and continue downward in wave C, providing a short-term trading opportunity in the downtrend.</p><p>Theta Token(THETAUSD) Technical Indicators:MACD has a Bullish divergence, Short-term price has an opportunity reversal.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f30fc39e3e277f01577e76a3cd28454\"></p></body></html>","htmlText":"<html><head></head><body><p>Elliott Wave Analysis TradingLounge Daily Chart, 8 September 2022, Theta Token(THETAUSD)</p><p>THETAUSD Elliott Wave Technical Analysis</p><p>Function: Counter trend</p><p>Mode: Corrective</p><p>Structure: Flat</p><p>Position: Wave 2</p><p>Direction Next higher Degrees: Wave (2) of ((C))</p><p>Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave.</p><p>Wave Cancel invalid Level: 1.713</p><p>Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA50 Line and continue downward in wave (3), providing a short-term trading opportunity in the downtrend.</p><p>Theta Token(THETAUSD) Technical Indicators: MACD has a Hidden Bul ish divergence, Short-term price has an opportunity reversal</p><p>TradingLounge Analyst: Kittiampon Somboonsod</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8d29a8415ba48784f761b5147e7b4c32\"></p><p>Elliott Wave Analysis TradingLounge 4H Chart, 8 September 2022,</p><p>Theta Token(THETAUSD)</p><p>THETAUSD Elliott Wave Technical Analysis</p><p>Function: Counter trend</p><p>Mode: Corrective</p><p>Structure: Flat</p><p>Position: Wave 2</p><p>Direction Next higher Degrees: Wave (2) of ((C))</p><p>Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave.</p><p>Wave Cancel invalid Level: 1.713</p><p>Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA200 Line and continue downward in wave C, providing a short-term trading opportunity in the downtrend.</p><p>Theta Token(THETAUSD) Technical Indicators:MACD has a Bullish divergence, Short-term price has an opportunity reversal.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f30fc39e3e277f01577e76a3cd28454\"></p></body></html>","text":"Elliott Wave Analysis TradingLounge Daily Chart, 8 September 2022, Theta Token(THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave 2 Direction Next higher Degrees: Wave (2) of ((C)) Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave. Wave Cancel invalid Level: 1.713 Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA50 Line and continue downward in wave (3), providing a short-term trading opportunity in the downtrend. Theta Token(THETAUSD) Technical Indicators: MACD has a Hidden Bul ish divergence, Short-term price has an opportunity reversal TradingLounge Analyst: Kittiampon Somboonsod Elliott Wave Analysis TradingLounge 4H Chart, 8 September 2022, Theta Token(THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave 2 Direction Next higher Degrees: Wave (2) of ((C)) Details: Corrective wave in the second wave before the price drops again. where the second wave usual y retraces 61.8% of the first wave. Wave Cancel invalid Level: 1.713 Theta Token(THETAUSD) Trading Strategy: The price range tends to test resistance at MA200 Line and continue downward in wave C, providing a short-term trading opportunity in the downtrend. 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