TRXBTC TREND REVERSAL
Updated
Ended a extended elliot wave 3 now in truncated wave 5: ending below the termination of wave 3, on top.
implying an ABC correction and a trend reversal.
implying an ABC correction and a trend reversal.
Note
RSI Approaching towards overbought. Weak signs of next motive wave formation.
BTCUSD fall may help pullback to next fib level for the altcoin.
As of now, May go into an ABC correction.
Let's wait to rule out the breakout possibility.
wait for the Next buy signal at 38.2% fib retracement level from top: satoshi 497
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