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AlanSantana
Jul 7, 2023 5:08 PM

✳️ TRON Very Strong Chart Setup (Next Target Mapped) Long

TRON / BitcoinKraken

Description

This is a very strong chart setup because we have so many classic signals working together pointing in the same direction.

Allow me a minute of your time and let's do this together.

TRON (TRXBTC)

  • Here a perfect EW impulse can be appreciated in blue (1,2,3,4,5).
  • Followed by a classic Zig-zag correction (ABC).
  • After the correction a new 5-Up bullish impulse develops and we have the first wave in the making.
  • This is happening above EMA10 and EMA21. We should see 5 waves total, a correction and then 5 more waves to complete an impulse of a higher degree which would lead to a stronger correction after the entire pattern is complete.
  • Our Elliot Wave theory analysis is supported by a bullish cross on the MACD.
  • And a strong RSI.
  • Finally, a short-term higher low is also in place.


All these signals together work beautifully and predict additional growth.
The next target around 0.0000040.

Thanks a lot for your continued support.

Namaste.

Comment

+21% Finally, it moves...

Patience is key.

Comment

This is working out nicely... Additional growth possible.
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