I believe $ICX is starting its wave 5 uptrend of an Elliot wave. It should find resistance at the peak of wave 3 of this trend drop for a bit and then have one little last push up. It almost looks like a "cup and handle" is forming out from the previous uptrend we had in March with Icon. We could see (maybe even close to) the high ICON had in march of 0.00047890...
Tron's wave 2 is a clear bull flag and at the moment we have only just pierced the resistance. $TRX needs a spike in volume to plow through this resistance and to move onto the next. Where will it go? If you take the length of the bull flag pole and start it of from where it pierced the bull flag this is usually a good indicator to where we go next. This is not...
It looks like this is an ABCDE Triangle playing out but, as you can see by the chart C wave has retraced A 0.618 on the Fibonacci so will this mean E will retrace C of 0.618? If this is the case we could see a nice extended run for $TRX Tron. This will surely kick off wave 3 of 3? This is not trading advice I only do these charts for fun. Some feedback and...
Looks like tron could be still correcting? But if it does continue to drop how far more is there to go? My best guess is in around the 0.786 fib line
As we can see tron $trx was finding major support along the 0.618 fib line and as soon as it dropped below it the bulls suddenly pushed it back over the 0.618 fib line. This in which has resulted in the end of the 2nd wave and the rise we now see is the start of wave 3
Tron has been finding solid support on different indicators and trends I believe the correction wave 2 is just about finished and we're about to rise to the next resistance level at around 670 satoshis and breakthrough it up to 760 - 890 depending on the increase on volume and the FOMO'ers not wanting to miss out. This is not trading advice I publish these charts...
Zoom in for a more detailed perspective. From my (amateur) research I have seem to come across a fifth wave extension of a fifth wave extension in Tron $TRX. I believe this because when you check the BB (Bollinger Bands) the 2nd and 4th waves in the primary wave cross by the middle support line on the hourly charts, but, as it reached my previous target resistance...
I called this elliot wave on the 24/3/18 and it has played out to every line. I now believe the 5th wave will come to a halt near 625-630 satoshi's. I see this being the next resistance line and could we could possibly see tron fly up by it with the test net coming up in 4 days! Exciting times ahead for Tron bag holders. HODL on tight!!! THIS IS NOT TRADING...
I believe we are coming down on our fourth wave and about to test a resistance line with our 5th wave. This could result in a correction or an ABCDE ascending triangle banging on the door of the "resistance line to MOON"