KyleJKidd0d
Long

TRON TRX/ETH Elliott Wave Analysis

BINANCE:TRXETH   TRON / Ethereum
Hypothesizing a possible model for TRX/ETH

Comments

I don't think this is right. The retracement of wave 4 should be max of 61.8% of wave 3. Looks like a complete 100% retracement.
Reply
KyleJKidd0d dcardona1
@dcardona1, I believe the only real requirement is that wave 3 is the longest wave, which it barely is larger than 5 here.
Reply
KyleJKidd0d dcardona1
@dcardona1, I checked the rules again so it is unlikely that is Wave 4. My new hypothesis is that is Wave 2. That could be more bullish and see us hitting the 1.68 retracement assuming we can get past the recent high.
Reply
dcardona1 KyleJKidd0d
@KyleJKidd0d, Wave 2 should only retrace down to 50-61.8% assuming 0.000007 is the bottom of the 1st wave. We are approaching the 886 retracement. I don't think there is elliott here. I thought so too at first but I believe I was wrong. Sorry man, I wanted it to be elliott as well. Check out my publications.
Reply
I sure hope this is we see!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out