If Tron Breaks out of this Consolidation Pattern on the Weekly/Monthly we could see it begin an ABCD BAMM to Finish off an AB=CD Projection on the Logscale Chart that would take it up to the 2.618 Fibonacci Extension Above.
Great chart!!! Is there anyway you could do one of these for me for VRA??
RizeSenpai
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@btaylorrunner, I checked out VRA, I think if the rest of the market goes up VRA will probably go up too but on it's own nothing really jumps out to me as bullish on the chart it seems tto be floating in mid-air so i would opt for taking my chances on different coins like ADA.
btaylorrunner
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@RizeSenpai, It previously did a 100x in last bull cycle. I'm all in on that one. Any way you can do a logscale chart for me like you did for Tron? Based on fundamentals I think it can do between .80 and 2 dollars.
RizeSenpai
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@btaylorrunner, The log scale chart would have me thing it will come back down to the .786 or even the .886 or lower i really dont see any other area that's screaming buy it at me, even if it does go up the chart just looks like a ticking time bomb to me and i would rather stick with other assets than take a chance on VRA.
@mehrdadrs, In an ABCD You want the waves to be reciprocal in both Price and Time though price is most important. However if we are going to be reciprocal in time then we would expect to make significant progress towards our target by mid 2023 to early 2024 assuming the 38.2% retrace below us continues to hold.