Hello Ladies and Lads, hope you are all doing awesome.
As it is depicted on the chart, we can see that we are at a potential Time and Price PRZ to see another fall in Tron.
The price is hovering under 100 and 200 EMAs at the time that can be a sign of power in sells, and the difficulty for the price to go higher at the moment.
If you consider other well-known cryptos in your analysis, you can understand that most of them are at the end of a elongated correction! Based on ElliotWave theory you can sum it up that we are at the peak of the 4th wave which itself lead the price right into the 5th wave. So we can conclude that the 5th wave is coming!
Before you want to do any sorts of trades, you need to see some signs that price wants to go toward your predicted way. we do not have it YET! So hold on your fingers on your triggers.
more detailed information on Tron:
1- Pattern:
This could be 1-2-3-4-5 motive which itself could be part of an bigger A of an ABC.
we are at the of 4th wave, and probably at the start of the 5th wave.
2- Time:
Time cluster includes the following fibs:
Wave 2: ATP. Fib:2.00
Wave 3: IRET FIB 3.618
Wave 2: ERET FIb 4.00
3- Invalidation:
all of this will be invalidated if a valid candle close above 0.77353 (d of abcde of the 4th wave)
4- Confirmation:
This would be confirmed if a valid candle close lower than 0.65697
This is it. I would be glad if I could hear your thoughts on this.
You can ask me any question you have!
Thanks for your time,
Cheers!
As it is depicted on the chart, we can see that we are at a potential Time and Price PRZ to see another fall in Tron.
The price is hovering under 100 and 200 EMAs at the time that can be a sign of power in sells, and the difficulty for the price to go higher at the moment.
If you consider other well-known cryptos in your analysis, you can understand that most of them are at the end of a elongated correction! Based on ElliotWave theory you can sum it up that we are at the peak of the 4th wave which itself lead the price right into the 5th wave. So we can conclude that the 5th wave is coming!
Before you want to do any sorts of trades, you need to see some signs that price wants to go toward your predicted way. we do not have it YET! So hold on your fingers on your triggers.
more detailed information on Tron:
1- Pattern:
This could be 1-2-3-4-5 motive which itself could be part of an bigger A of an ABC.
we are at the of 4th wave, and probably at the start of the 5th wave.
2- Time:
Time cluster includes the following fibs:
Wave 2: ATP. Fib:2.00
Wave 3: IRET FIB 3.618
Wave 2: ERET FIb 4.00
3- Invalidation:
all of this will be invalidated if a valid candle close above 0.77353 (d of abcde of the 4th wave)
4- Confirmation:
This would be confirmed if a valid candle close lower than 0.65697
This is it. I would be glad if I could hear your thoughts on this.
You can ask me any question you have!
Thanks for your time,
Cheers!
Comment:
cryptos are going down now
Comment:
OK, based on wave counting and what we have right now, the 5th wave is here.
be careful, it may be a truncated 5th wave.
I'll try to update my cryptos every 4-8 hours.
feel free to ask me questions.
Cheers.
be careful, it may be a truncated 5th wave.
I'll try to update my cryptos every 4-8 hours.
feel free to ask me questions.
Cheers.
Comment:
For more caution, u can wait until we have closed candle in 4h chart. which is a better strat!
45 mins from now, if valid candle close lower than 0.065697, it is officially a 5th wave based on information that we have right now on the chart.
cheers.
45 mins from now, if valid candle close lower than 0.065697, it is officially a 5th wave based on information that we have right now on the chart.
cheers.
Comment:
I hope I could help you guyz in advance.
Cheers :)
Cheers :)
Trade closed manually:
CLOSE ALL YOUR TRADES.
dont be greedy.
hope you had a profit on short selling.
dont be greedy.
hope you had a profit on short selling.
3- Invalidation:
all of this will be invalidated if a valid candle close above 0.83042 (C of abcde of the 4th wave)
sorry for my mistake here.