02Apr
THETAUSD Elliott Wave Technical Analysis April 02 2023

THETAUSD Elliott Wave Technical Analysis April 02 2023
4Hour
Theta Token /U.S.dollar(THETAUSD)
BTCUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: wave I of Motive
Details: Wave ((3)) is equal to 1.618 Length of wave ((1))
Wave Cancel invalid level: 19569
Theta Token /U.S.dollar(THETAUSD)Trading Strategy: THETA is recovering well. And we expect wave II to end at the level of 0.850. Five rising waves from this point and the breakout of the MA200 line will support this idea. The price is likely to trade above the 1.784 level in wave III.
Theta Token /U.S.dollar(THETAUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish

Daily
Theta Token /U.S.dollar(THETAUSD)
BTCUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: wave (I) of Motive
Details: Wave 3 is equal to 1.618 or 2.618 multiplied Length of wave 1
Wave Cancel invalid level: 15479
Theta Token /U.S.dollar(THETAUSD)Trading Strategy: THETA is recovering well. And we expect wave II to end at the level of 0.850. Five rising waves from this point and the breakout of the MA200 line will support this idea. The price is likely to trade above the 1.784 level in wave III.
Theta Token /U.S.dollar(THETAUSD)Technical Indicators: The price is Below the MA200 indicating a DownTrend. The wave oscillators above Zero-Line momentum are Bullish

About the Author
Related
Ethereum (ETH) price prediction using Elliott Wave and technical analysis suggests a risk of correct...
Read More >
Overview: Bitcoin and Ethereum can now have lows in place as Wave 2. The next step in the way upward...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Bitcoin price continues to be under ...
Read More >
Overview: the move lower from 40,000 is bullish corrective and I took the opportunity to add to my p...
Read More >
Elliott Wave charts by Kittiampon Somboonsod 4 Hour decrease in wave Y but must not fall below 879...
Read More >
For Bitcoin to remain bullish the 46,500 needs to remain the support. BTC Trading Strategy: Expectin...
Read More >
You need to login in order to comment