TRX hit my 3rd wave target and above. I sold all my position at 945 satoshi and moved to other coins to maximize gains that has not come to fruition yet :/
Overall, I'm waiting for a retrace for the 4th wave to go back in the trade for the final wave 5. With the hype around this coin and crazy fan base, I'm thinking this may completely blow my targets of 1400 satoshi and may get back to previous ATH. I'll be laddering my buys at the .382 and .500 fib levels. Depending on how BTC moves, the retracement will be in between the 2 ranges possibly going back to the high of the 2nd wave, which would be totally awesome.
For people HODLing, I honestly would just hold until end of May and ride the hype train and take profits.
Overall, I don't see this going much higher from current prices and looking for corrections.
Overall, I'm waiting for a retrace for the 4th wave to go back in the trade for the final wave 5. With the hype around this coin and crazy fan base, I'm thinking this may completely blow my targets of 1400 satoshi and may get back to previous ATH. I'll be laddering my buys at the .382 and .500 fib levels. Depending on how BTC moves, the retracement will be in between the 2 ranges possibly going back to the high of the 2nd wave, which would be totally awesome.
For people HODLing, I honestly would just hold until end of May and ride the hype train and take profits.
Overall, I don't see this going much higher from current prices and looking for corrections.
Note
Lack of harder correction initially makes me think we won't see that much lower prices for TRX. Probably trade in a flag or a wedge in a side way action before making the final push. I believe there will be decent amount of time spent in the next pattern though
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.