I'm not sure in the building of this triangle, but I'm sure that after breaking will be powerfull movement. Let's watching the continuation.
Morning starts not with coffee... I'm not sure that the correction was ended, because this a-b-c wave can be in a wave A in bigge r correction. And I had some thoughts, that 1-2-3-4-5 was a wedge wave or that a-b-c in fact is a deep wave 4 and it's a first wedge wave in global impulse . In any case we have good hidden divergence , let's stay watching,...
It's very simple and very nice signal to buy, classic stong divergence . MACD lines have already crossed each other, so the signal is confirmed. To feel more confident, you can wait when ADA reaches 2700-3000 and buy it .
Classic impulse with unusual third wave... Without volumes it would be unreal to understand where the third wave ends, and without MACD - where the fourth wave starts. I hope that it won't go lower than 0.618 level, but fourth wave is always unpredictable, so it can be anything. To sum up, you can buy TRX just now to have a good 24h-profit , but I don't...
You can see an Impulse Wave ( Green ), just look at the Volumes: in the purple square there is a local splash -> it's a first wave, in the blue square - max volume -> it's a third wave. So, let's consider closer the Third wave on 15-min graph, and you can identify an impulse wave. And please, look at the Blue line , 4-th wave ended beetween 1 and 2 wave...
There are 3 strong signals to buy TRX : 1. We can see a classic Triangle Wave Correction and It has been already broken ! Congratulations!!! 2. Exaggerated Bullish Divergence or maybe classic bullish. In any case on such big timeframe it's a good signal to buy. 3. Lines are crossing on MACD . If it happens, any doubts will disappear. P.S. You're Welcome to...