asegretto

B Wave looks like an upward wedge

Long
asegretto Updated   
BITFINEX:TRXUSD   TRON
TRX/USD A wave was a downward wedge while TRX/BTC A wave was a downward column. TRX/USD B wave looks like an upward wedge while TRX/BTC B wave looks like an upward column.

The upward wedge has its apex forming at the 62% retrace of the A wave. So the top of B should be slightly lower than $0.0453

TRX/USD has broken down below the bottom support line of the wedge. It should soon bounce back into the wedge. If it does not then we will need to revise our count and projections for the B wave.
Comment:
This post relates to a few other posts Ive done recently on Tron. You can link to the others from here:

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