TRX finished a 5 wave impulse and is correctly experiencing corrections. A WXYXZ correction has been completed and TRX could soon start impulsing. The 5 wave impulse could be the subwaves of intermediate wave 1. That means the biggest wave (wave 3) has yet to come. I used the fibonacci extensions at 1.618, 1.272, and 1 to set the targets.
Comment:
Watch Bitcoin carefully. If Bitcoin decides to tank again, it doesn't matter what kind of bullish patterns altcoins are forming. They all get dragged to hell by Bitcoin.