TRX early bounce?
I think I have a good count on TRX and if all goes well could reach 1250 sats
Main reasons for a long position
If the count is correct then we should be starting the fifth wave up towards 1250 sats where we may see another correction - Also need to bare in mind Main net launch at the end of the month which could affect the price.
Main reasons for a long position
- We are bullishly diverging on the RSI
- We are upticking on the histogram and MACD
- We found good support at 850 sats where the ABC count completes and is bouncing between a fib area
If the count is correct then we should be starting the fifth wave up towards 1250 sats where we may see another correction - Also need to bare in mind Main net launch at the end of the month which could affect the price.
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