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Zelma
Apr 19, 2018 7:57 PM

Bulls in control of Tron Short

TRON / BitcoinBinance

Description

Hi guys, I am not an expert, this is only my personal idea, all criticism is welcome! Looking at the 30 minute graph of tron, I have counted the 12345 sub wave and now see a bullish pennant forming. The bullish pennant will act as wave 4 and lead into a strong 3rd wave. I have set a target price of .00000715 as our first target for the top of wave 3, if it is to break the resistance at around .00000690. Tron has had overall bullish trend and has risen about 20% since my previous post, I will do my best to stay updated and adjust my charts as needed, thank you for viewing my idea, hope it was helpful.

Comment

Looks like the bottom for the pennant will act horizontally with no slant.

Comment

Pennant bottom support at .00000585

Comment

Looking like a bull flag not pennant, call unchanged.
Comments
sickoftheshit
Looks decent, the pennant bottom support is right now playing out :-) lets see 715 soon
CRYPTO_Tweety
Great stuff! Your showing some good work on EW. I’ve been strategizing with Elliot wave also Fibonacci pitchforks trendlines. #elloitwaves
Zelma
@yellowcanary, Thanks you, I have been trying to learn for the past 6 months, hopefully it’ll pay off as we continue to learn!
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