As i see it we had a correction / retrace form the truncated 5th wave to 600 sats ,
We failed on the 5th impulse wave with it crossing back down past wave 1 :( this now becomes the X wave of the WXY correction ,
As i see it we are on the Y wave down that could put us down at the 450-500 sat levels where we have good previous support but will have to see how it lays out as time goes on with wave retrace ,
1/1 takes TRX to around 400 sats , personally i think we may pull up a little short of that as seen with a lot of crypto .
This is just 1 man behind a screens opinion , please take all of this with a grain of salt and don't gamble your hard earned dollars on my beliefs . but i would appreciate a like and a high 5 when my targets are hit :)
Happy trading :)
big wedge on the 1 day chart, heading to my target area. should see a bounce soon you would assume looking at the RSI is oversold. Volume is all we need :)
500 sats for me is a good buy zone with really good previous support.
Lets see how it plays out :)