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

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