reynar

TRX TRON Possible Rise - 3rd Wave Formation

Long
BINANCE:TRXBTC   TRON / Bitcoin
For a ZOOMED OUT view - see related ideas.

If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement.
An ABCDE correction might still form, making it go back 480 sats . If that happens, we have more waiting to do, unfortunately.
We have two short term resistances to pass right now before going up.
Resistances (short term): 530 and 560 sats .
Support: 480 and 430 sats .

StochRSI on 1DAY candles is looking like it's about to go upwards.
MACD on 6h candles crossed. Waiting on 12h and 1day to cross.

Targets based on Fib Retracement:

Target 1: 680 sats
Target 2: 900 (possibly 1000, cause numbers and what-not)
Target 3: 1200 sats
Trade active: Hopefully it sustains this momentum.
looking good now.

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