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

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: Trend-following Mode: Motive Structure: Impulse Wave Position: Wave 3 Next Higher Degree Direction: Unspecified Wave Cancel Invalid Level: Unspecified Theta Token / U.S. Dollar (THETAUSD) Trading Strategy – Daily Chart In early April, THETAUSD built strong support near $0.67 (Fib 61.8%), then accelerated upward through wave (3). It recently cleared the Fibonacci 1.618x extension of wave (1) at $1.084, suggesting that wave (3) could be nearing completion. The price may soon consolidate into wave (4) before pushing higher into wave (5). The medium-term projection remains above $1.20. Trading Strategies Approach: ✅ For short-term swing traders: Wait for a confirmed correction in wave (4) to enter a long trade in wave (5). Risk Management: 🟥 Critical Alert: If the price dips under the red support (W.C. Invalid), the wave count is invalidated. Elliott Wave Analysis – TradingLounge H4 Chart, Theta Token / U.S. Dollar (THETAUSD) THETAUSD Elliott Wave Technical Analysis Function: Trend-following Mode: Motive Structure: Impulse Wave Position: Wave 3 Next Higher Degree Direction: Unspecified Wave Cancel Invalid Level: Unspecified Theta Token / U.S. Dollar (THETAUSD) Trading Strategy – H4 Chart Similar to the daily chart, the 4-hour view confirms strong upward action from the $0.67 base. After surpassing the 1.618x Fibonacci level at $1.084, it seems wave (3) is wrapping up. A short-term correction in wave (4) could set the stage for another rally into wave (5), with upside potential still targeting above $1.20. Trading Strategies Approach: ✅ For short-term swing traders: Entry opportunity opens once wave (4) stabilizes. Risk Management: 🟥 Warning: A drop below the red line invalidates the wave count setup. 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 #ElliottWave #CryptoTrading #TechnicalAnalysis #SwingTrading #CryptoTrends #PriceAction #TradingStrategy #FibLevels #Wave3 #Wave4 #Wave5 #SupportLevel #Resistance #CryptoMarket #ChartAnalysis #ImpulseWave #ShortTermTrade #TradingLounge