TRX/USD A wave was a downward wedge while TRX/BTC A wave was a downward column. TRX/USD B wave looks like an upward wedge while TRX/BTC B wave looks like an upward column. The upward wedge has its apex forming at the 62% retrace of the A wave. So the top of B should be slightly lower than $0.0453 TRX/USD has broken down below the bottom support line of the...
A column for our TRX/BTC B wave of the ABC pattern has formed which further confirms the timing and height that I had projected for the B wave, in a previous post. This post is an update of that post, and uses my corrected projections on the chart. We can use this post as a means of seeing if the columm holds as we get closer to the top of B. This post has a...
downward wedge 1 height ($20089 top to $6048 bottom) = -14041 = 308% deeper than next wedge height upwards retrace zigzag height ($6048 to $11958) = 5910 = 42.091% retrace. downward wedge 2 height ($11958 to $7398)= -4560 = ~162% deeper than next wedge height where 308%/162% ~ 1.88 upwards retrace zigzag ($7398 to $9177) = 1779 = 39% retrace downward wedge 3...
This chart partners with my TRX/BTC chart and analysis I just posted a second ago. I share Haejin's primary count on TRX/USD seen here on Steemit: steemit-production-imageproxy-upload.s3.amazonaws.com I am expecting that, when it is time to complete the right wall of the cup we will see primary wave 1 have an extended 5th subwave taking it into the range of...
First off, I have found the Bitfinex charts for TRX, while they are not as pretty because they don't hold as many data points, they DO have key datapoints that other charts do not, IE the TRX Binance charts. I had been preferring the Binance charts for TRX up until the point that I saw late in the game that wave 5 on the impulse had completed, and while seeing it...
In the ABC retrace seen in the downward wedge we have a 5,3,5 zig zag where C is 2.62 of A. 5 subwaves of C of the zig zag have been detailed. Wave III is 1.62 of Wave I Wave V is 1:1 with height of Waves I, II, III (we have an extended 5th wave) $122.6 is the 88.6% retrace from the impulse that started on 02/02, Support can be seen at $122.6 from the impulse...
TRX is finishing out wave V of 1 of an impulse with target at 0.0934. It is confirmed by an embedded head and shoulders pattern, found within an ascending right triangle. The ascending triangle is formed via the middle of the three trend lines at the bottom of the chart, with the horizontal trend line at $0.058. The bottom trend line of the triangle was copied...
LTC is carving out a 4 month long correction. We have a symmetrical triangle encompassing two downward wedge fractals. In the larger fractal LTC has a double bottom at the 78% fib retracement (point A). The bust out from the larger fractal takes LTC slightly above the 38% retracement (point B). LTC then has a smaller downward wedge fractal; interestingly, we...
We are seeing a downward wedge fractal forming for LTC that has the same $85 support zone targeted at its apex, similar to the previous larger wedge fractal. I have marked the Intermediate ABC patterns on both of them, and the primary ABC pattern making up the entire correction. If LTC is not able to bust out of the smaller wedge fractal we can expect it to...
We see a head and shoulders pattern forming in BTC, BCH, and also NEO. We are at the moment of truth, NEO MUST breach the upper line of the downward channel. We are seeing signs in many coins that the bottom is in, and I believe the same for NEO. The resistance given by the downward channel, and BTC about to start wave 4 downward, will cause a shortened wave 3,...