Cpez11

Could the correction be over for TRX?

BINANCE:TRXBTC   TRON / Bitcoin
Tron could be finishing up a 5-3-5 (zigzag) correction pattern of a larger abc correction. Leg C consists of 5 waves which will last longer than Leg A and will bottom around the same bottom as A- both requirements have been met. Although the 5 waves within C are tough to read(which leaves the possibility that we are still within the correction of wave C) The Indicators-RSI-StochRSI-Ichicloud(which is not on the chart for simplicity) show extremely bullish signs along with the currently forming bullish flag pattern which lead me to believe this is an impulse wave beginning the next 5 wave cycle climb to ATH's.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.