This is a very strong chart setup because we have so many classic signals working together pointing in the same direction.
Allow me a minute of your time and let's do this together.
TRON (TRXBTC)
Here a perfect EW impulse can be appreciated in blue (1,2,3,4,5).
Followed by a classic Zig-zag correction (ABC).
After the correction a new 5-Up bullish impulse develops and we have the first wave in the making.
This is happening above EMA10 and EMA21. We should see 5 waves total, a correction and then 5 more waves to complete an impulse of a higher degree which would lead to a stronger correction after the entire pattern is complete.
Our Elliot Wave theory analysis is supported by a bullish cross on the MACD.
And a strong RSI.
Finally, a short-term higher low is also in place.
All these signals together work beautifully and predict additional growth. The next target around 0.0000040.
Thanks a lot for your continued support.
Namaste.
Note
+21% Finally, it moves...
Patience is key.
Note
This is working out nicely... Additional growth possible.
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