cryptojimmy89
Long

#TRON #TRX - Short term target of 590 sats

BINANCE:TRXBTC   TRON / Bitcoin
Hi guys

The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line.

Overall we are on the way to target of 640. On the 31st test net is released and who knows?
I'm confused by your wave count with the ABC. isn't the ABC counts suppose to be contained within the descending waves here? (waves 2 and 4)
Reply
If you look on a smaller time frame that most recent pattern looks like it has potential to form a H&S. 1 being left and 3 being head. Verge did the exact same last night and broke the trendline right after before starting a downtrend.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out