THETAUSD Elliott Wave Technical Analysis Daily Chart, October 30
Function: Follow trend
Mode: Motive
Structure: Diagonal
Position: Wave V
Direction Next higher Degrees: wave (C) of Zigzag
Wave Cancel invalid Level:
Details: Wave V maybe complete and five-wave rise will support idea.Theta Token/U.S. dollar(THETAUSD)Trading Strategy: It looks like the correction is likely to end after the price recovered well from the 0.562 level, combined with Bullish Divergence signals, Theta Token is likely to reverse. We ourselves are looking at a five-wave increase to help support this idea.Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is Below the MA200 indicating a Downtrend, RSI is a Bullish Momentum.
Elliott Wave Analysis Oct. 30 4H Chart,
Theta Token/U.S. dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Diagonal
Position: Wave V
Direction Next higher Degrees: wave (C) of Zigzag
Wave Cancel invalid Level:
Details: Wave V maybe complete and five-wave rise will support idea.Theta Token/U.S. dollar(THETAUSD)Trading Strategy: It looks like the correction is likely to end after the price recovered well from the 0.562 level, combined with Bullish Divergence signals, Theta Token is likely to reverse. Moreover, the increase in five waves supports this idea. A break below 0.5262 will give us another opportunity to join the uptrend.Theta Token/U.S. dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum..thumb.png.1ab04683ce44fede220876d91bb044e8.png)
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