Hi, these are my thoughts on TRX/BTC .

Situation 1: TRX is in its ABCDE correction wave. Buy orders can be placed around the E level. Make sure to set stop losses on the levels beneath the triangle.
So situation 1 would be: buy at E > new market cycle can start > 400%+ potentials. Make sure to set stop losses, because situation 2 can also happen:

Situation 2: TRX is not in an ABCDE correction but an ABC correction. The D and the E disappear on the charts and the C (current wave) can be placed somewhere around the "4" niveau of the elliot waves.

The time will learn us in what kind of situation we are in.

Comment: Okay clearly situation 2 was the correct move in this case.
We can see the C drop further below to earlier support/resistance levels.
Meaby it will test the fib level and then bounce to the upside.
Wait for C to finish and look for trend reversal patterns!
During the week, all this repeats, but the result is zero! Not tired?
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