10May
THETAUSD Elliott Wave Technical Analysis May 10 2023
THETAUSD Elliott Wave Technical Analysis May 10 2023
4Hour
Theta Token /U.S.dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Double corrective
Position: Wave ((Y))
Direction Next higher Degrees: wave II of Impulse
Wave Cancel invalid Level: 0.706
Details: : Trend Retracement of wave II usually .786 x Length wave I
Theta Token /U.S.dollar(THETAUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.
Theta Token /U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum
Daily
Theta Token /U.S.dollar(THETAUSD)
THETAUSD Elliott Wave Technical Analysis
Function: Reactionary(Counter Trend)
Mode: Corrective
Structure: Double corrective
Position: Wave ((Y))
Direction Next higher Degrees: wave II of Impulse
Wave Cancel invalid Level: 0.706
Details: : Trend Retracement of wave II usually .786 x Length wave I
Theta Token /U.S.dollar(THETAUSD)Trading Strategy: There is still a risk of a correction of wave (2), which corresponds to prices below the MA200 line indicating a downtrend. before rising again Wait for the correction to complete.
Theta Token /U.S.dollar(THETAUSD)Technical Indicators: The price is below the MA200 indicating a downtrend MACD and RSI are Bearish momentum
About the Author
Related
Overview: Bitcoin and Ethereum tracking two bearish Elliott wave counts. Bitcoin Elliott Wave Analys...
Read More >
This article discusses a technical analysis of Dogecoin (DOGE) using Elliott Wave theory and MA200 l...
Read More >
The corrective rally for ETH and BTC as Wave B is well under way. EW: wave v (iii) of c) of B or 4. ...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The price tends to move sideways in the retrac...
Read More >
Bitcoin technical analyst Kittiampon Somboonsod has created Elliott Wave charts for BTCUSD, providin...
Read More >
Bitcoin BTC and Ethereum ETH Technical Analysis Elliott Wave Forecast & Trading. Overview: The next ...
Read More >
You need to login in order to comment