Theta Token (THETAUSD) Crypto Price News Today Elliott Wave Technical Analysis By Tradinglounge

BEST VALUE ELLIOTT WAVE SERVICE - Talk to 8 Analysts in our Chat Lounge - Get 2 FREE Months! https://tradinglounge.com/341 Over 200 Markets, Chat Rooms, AI & Algo Elliott Wave Charting, Trade Portfolios & More.. Elliott Wave Analysis TradingLounge Daily Chart, Theta Token/ U.S. Dollar (THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave 4 Theta Token/ U.S. Dollar (THETAUSD) Trading Strategy: Theta Token (THETAUSDT) is currently moving sideways within wave 4, maintaining a larger bullish Elliott Wave structure. The asset is now in the optimal retracement zone that traders anticipate for initiating wave 5 — a fresh bullish impulse. Following the completion of waves III and V in the earlier phase, the price established a new pattern. With waves 1 to 3 already in place, the market is now stabilizing within wave 4, which is projected to conclude in the Fibonacci support range of 0.5 ($0.8580) and 0.618 ($0.8100). If the market respects this zone and shows a positive reversal, the next upward move, wave 5, is expected to target between $1.17 and $1.30. Trading Strategies Strategy Short-Term Approach (Swing Trading): Look for bullish reversal patterns from wave 4 like a bullish engulfing candle or a breakout signal. Risk Management: Set Stop Loss slightly below $0.80 and aim for profit at the expected wave 5 target zone. Elliott Wave Analysis TradingLounge H4 Chart, Theta Token/ U.S. Dollar (THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Follow trend Mode: Motive Structure: Impulse Position: Wave 4 Theta Token/ U.S. Dollar (THETAUSD) Trading Strategy: Theta Token is still consolidating within wave 4, positioned inside a larger bullish setup as identified by Elliott Wave principles. This phase marks the anticipated “golden zone” for initiating the fifth wave. Following the earlier completions of waves III and V, price movements have formed a new structure. With waves 1 through 3 already completed, wave 4 is now unfolding, likely to bottom out between 0.5 ($0.8580) and 0.618 ($0.8100) Fibonacci levels. Should the asset hold this level and bounce, wave 5 is likely to rally towards the $1.17 to $1.30 range. Trading Strategies Strategy Short-Term Focus (Swing Trade): Wait for confirmation of a bullish reversal from wave 4 — a breakout or engulfing candle. Risk Management: Use Stop Loss below $0.80, target the peak of wave 5. Technical Analyst : Kittiampon Somboonsod, CEWA BEST VALUE ELLIOTT WAVE SERVICE - Talk to 8 Analysts in our Chat Lounge - Get 2 FREE Months! https://tradinglounge.com/341 Over 200 Markets, Chat Rooms, AI & Algo Elliott Wave Charting, Trade Portfolios & More.. YOU CAN REACH ME via: LinkedIn:https://linkedin.com/in/petermathers Facebook: https://www.facebook.com/tradinglounge/ Twitter: https://twitter.com/tradinglounge https://tradinglounge.com/ Special Trial Offer - Buy 3 months subscription and get 5 Months! Click here https://tradinglounge.com/341 7 Analysts Over 200 Markets Covered Risk Disclaimer - This is not financial advice. The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Tradinglounge accepts no responsibility for any use that may be made of these comments and for any consequences that result. Tradinglounge™ uses a range of technical analysis tools, such as Volume Analysis, Trading Levels, Elliott Wave, software, and fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our Trading Lounge™ websites and our Trading Lounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, trading lounge takes no responsibility whatsoever for your trading losses or profits This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading all and any financial products. #ThetaToken #THETAUSD #CryptoAnalysis #ElliottWave #CryptoStrategy #SwingTrading #TechnicalAnalysis #BullishWave #Wave4 #Wave5Target #CryptoMarket #FibonacciLevels #CryptoSignals #TradingStrategy #RiskManagement #CryptoTrends #BullishSetup #ChartAnalysis #THETAUSDT #TradingLounge