BINANCE:TRXUSD   TRON / US Dollar (calculated by TradingView)
Hello everyone,

trx 0.00% is going down for a final, painful sell-off. The ideal turning point would be the region around 0.009! So, stay sharp for an entry at the bottom!

It seems to be a final impulsive wave down (5 waves). We are in wave 3 now, I suppose, so we will maybe see a small rebound at the bottom of wave 3, but this only will be a corrective wave 4 up – finally we will see a wave 5 down to complete the whole correction pattern started at alltime-high (alltime-high: wave 1, bottom in front: wave 2).

Here you see the daily chart for more orientation:

Don’t panic! Keep calm and stay sharp with cash on the sideline!

We will catch the bottom – soon…

I do not think that the cryptos are dying – not yet!
If I am wrong, we will see it in time in the chart to protect us from any harm of our money!

Please leave a comment or a message, if you have any questions!

Take care
tgo
tgo
You nailed this first bounce. Hoping for the 4 then jump out until it settles. I got caught asleep at the wheel
Reply
@milldeter,
Acutally it is not clear if we will see a strong wave 4 up! There is a small peak in the chart, which could be a wave 4 (technically). To be honest: I am hoping for a fast last sell-off to be clear here, and then up to new highs. Keep fingers crossed!
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