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Murdiuss
May 10, 2018 12:09 AM

Updated TRX Count and Aggressive plan for Mainnet 

TRON / BitcoinBinance

Description

Adjusting the count here and attempting to get better targets. Going to play TRX a little more aggressively but not foolishly.

The Targets

Target 1 will cover a bearish double top on wave 5
Target 2 will cover a .786 Extension of Waves 1-3
Target 3 will cover a 1:1 Extension of Waves 1-3
Target 4 will cover a 1.618 Extension of Waves 1-3

Word of warning

Although I am usually a lot more cautious and only target the .786 extension of waves 1-3 it would be foolish to discount a run up for mainnet release. Will be minimizing risk by taking profits at each target

The Count

Not a big fan of the primary wave 2 ABC correction as labeled on this chart but does line up perfectly with wave 3 reaching just above a 1.618 extension.
Retracement outside the buyzone will require new counts but is unlikely to invalidate the count unless 680 is crossed.
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