Ok ill keep it short and sweet, going for a 3 from 3 with this call for Tron.
As i see it we had a ABC correction / retrace form the truncated 5th wave to 600 sats,
We failed on the 5th impulse wave with it crossing back down past wave 1 :( this now becomes the X wave of the WXY correction ,
As i see it we are on the Y wave down that could put us down at the 450-500 sat levels where we have good previous support but will have to see how it lays out as time goes on with wave retrace ,
1/1 takes TRX to around 400 sats , personally i think we may pull up a little short of that as seen with a lot of crypto .
This is just 1 man behind a screens opinion , please take all of this with a grain of salt and don't gamble your hard earned dollars on my beliefs . but i would appreciate a like and a high 5 when my targets are hit :)
Happy trading :)
As i see it we had a ABC correction / retrace form the truncated 5th wave to 600 sats,
We failed on the 5th impulse wave with it crossing back down past wave 1 :( this now becomes the X wave of the WXY correction ,
As i see it we are on the Y wave down that could put us down at the 450-500 sat levels where we have good previous support but will have to see how it lays out as time goes on with wave retrace ,
1/1 takes TRX to around 400 sats , personally i think we may pull up a little short of that as seen with a lot of crypto .
This is just 1 man behind a screens opinion , please take all of this with a grain of salt and don't gamble your hard earned dollars on my beliefs . but i would appreciate a like and a high 5 when my targets are hit :)
Happy trading :)
Note
big wedge on the 1 day chart, heading to my target area. should see a bounce soon you would assume looking at the RSI is oversold. Volume is all we need :)
500 sats for me is a good buy zone with really good previous support.
Lets see how it plays out :)
Note
we had a kicker , BTC helped out . 40% gains. 20% for me. reload at 450 sats . keep an eye on what BTC is doing.
Related publications
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.
Related publications
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.