Here it is whats going to happen to TRXBTC. I was actually about right in my previous TA about this coin and now I can say that this pattern is about to repeat itself. It's the 5th Elliot wave and inside of it there's going to be ups and downs just like the 3rd wave.
The pennant broke yesterday and it has already began spiking. As theory goes, as I said in the previous TA, when the pennant breaks it goes up twice as the previous pump - so I put ~700% gain, reaching @ 3635 satoshis. Other targets are in the charts, not sure if they are going to be exact like that, needs to develop.
Please take a look at my last three TA before going into this one! Links are right below the description.
The pennant broke yesterday and it has already began spiking. As theory goes, as I said in the previous TA, when the pennant breaks it goes up twice as the previous pump - so I put ~700% gain, reaching @ 3635 satoshis. Other targets are in the charts, not sure if they are going to be exact like that, needs to develop.
Please take a look at my last three TA before going into this one! Links are right below the description.
Comment:
Falling inside the trend channel. Nice way of steady growth. Let's see if it drops more and bounces at the major trendline.
Comment:
Volume is reducing a lot. Maybe it's a little flag or it will still continue in this growth channel. Anyway it's consolidation time.
