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eduardokaykedasilva
Oct 28, 2018 2:26 AM

Update TRX 

TRON / BitcoinBittrex

Description

Do not consider any chart as an investment advice.
I believe the market is in a strong downtrend for TRON. Elliot's waves are clearly showing us in what marking we are.

. If you have any ideas put in the comments.

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Trade closed: target reached

288
Comments
pkb6698
Total Coin Market Cap : 2014 vs 2018
eduardokaykedasilva
@pkb6698, nice chart
bbcswxopen
At present, we have an obvious strong support at 346 Cong
I don't think we will go to the position of 300 Cong.
damdamm
Can you count 5 subways inside 5th wave in previous impulse ( 316-430 ) ?
eduardokaykedasilva
@damdamm,
In times less yes why?
damdamm
@eduardokaykedasilva, I have doubts for 3rd wave count and just can't provide you my count of whole 5th wave as subways tells me sth can be missing here...
damdamm
@eduardokaykedasilva, don't you wonder if on 430 sat is not top of wave 5 but subwave 3 in this 5 wave ?
eduardokaykedasilva
@damdamm,
Yes, I'm in doubt. Well as I said underneath the impression that all wave 4 passes the top of 1. So I am in doubt. I hope you read the explanation down there.
eduardokaykedasilva
@damdamm,
The only thing that strengthened me in my hypothesis is that the trend line was broken. And on the 4 hour chart the TRX tried to climb again but it looks like it failed. We will have to observe for longer. What do you think? I drew the trend line there on the chart.
eduardokaykedasilva
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