I was watching this most recent bull push closely as TRON finished a recovery wedge and had 1 shot to breach resistence trend line. Now we have 2 indicators both on highs and lows confirming TRON will go into full recovery structure.
After completing it's FIB wedge today from intial spike TRON took a dip, revealing a new all time low since intitial spike. This indicates to me we're in a slow blead out with trend lines indicating rate of decline till it fines baseline support as indicated in chart. WELL THAT WAS A FUN RIDE!
Wave has tons of volume pumped in after decending wedge over months. Now after just completing wave 1 of its Elliot Wave corection, Wave is set for the next big run.
Ripple's taking it's time for another bull run. Mostly like due to the news that coinbase has no timeline to release another coin to market soon. This delay has caused the chart to run long and thus XRP is no longer holding to the same trend line. I see this as a flag that XRP will return to previous support soon.
in the world of graphs and cryptos.. there's never been a more pure example of a good product out he gates, MAXIMUM buying power and subject to current market conditions examples than ADA. In my opinion, ADA has the team, the knowledge and the drive to have everyone on board. The question is.. How to I maximize profits to the top!? LUCKLIY ADA has fallen...
Enigma finishing up a FIB wedge this evening with STRONG volume pumps throughout this sequence. Very happy to buy into this new market tonight
TRON has gone through the base line resistence telling me we're not in an elliot wave but a FIB wedge instead. Good bull run incoming, but it will eventually even out before next major bull run
will for sure see growth today, but without those top points of this FIB WEDGE being even, I wouldn't expect to much of a spike
Will we see another spike after this past couple days of bearish returns? I'll be jumping in at 600, I think the platform is solid and this is just it's growth pattern.
Looking at the crypto market, I've found the most common response to a massive spike like TRON had earlier is a 50:50 Fibonacci Wedge sequence. If TRX goes through this sequence, here's what it would look like.
Verge's FIB sequence structure coming to an end. Lots of intitial volume and low selloff indicated a bull run incoming, but we'll have to keep a close eye on this to see which way the volume goes. Either way big moves incoming, I'm buying in.
Honestly not much to go off here except a strong support line from previous head and shoulders wave and initial support line from before the pump. Following waves 2-5 are rough based on current curve of market, will adjust as we progress.
Looking forward at LTC's roadmap back to new highs it appears LTC has taken on the same smooth elliot wave, golden ratio, smooth as silk, just like ADA, S curve back up the charts. At this point time is actually healthy for LTC to punch through previous highs to help build up support and volume. Slow building support creates the parabolic curve that keeps a graph...
TRON finally letting retracing after huge gains. Notice the 5 pt correction on wave A. 3 wave swing up to confirm wave B, and last selling position before final C wave where the only support is from before the spike
Tron is very much in an elliot wave... AND ITS BIG. Looking forward at it's current tredectory this is how big and over hyped TRON could grow on an Elliot wave. Will time and reason resist this inflated number? I personally think so, as function and form are always a couple. To grow without ability to function always denotes back down to BTC... the mother tree
A clear Fibonacci sequence for ETH is finally coming to an end and Ethereum has held strong, never breaking from it's pattern. With 3 waves complete, this most recent bull trend is a sign that ETH has decided it will go BULL. Projected indicators with 1:1 growth from initial spike and excelerated timeline, following the same trend as BTC puts ETH at just under...
If BTC continues along this pattern repeat it looks like we have yet another big drop incoming before BTC can see a full Bull Market again. This would be the 4th time this pattern has repeated this year
As you can see from the major trendline, NEO is bouncing right off and will continue up. Nothing seems to be slowing down this train accept a little over enthusiastic buyers. Beware of buying over the trendline as it will always balance out back to the trendline in time.