BINANCE:TRXUSD   TRON / US Dollar (calculated by TradingView)
Here's my long term Elliott Wave count on Tron. This is also the reason why I am so bullish on Tron. The increase since the beginning of April looks impulsive to me, not corrective. And even if it looks like a correction to $0,060 (worst case) in the short term, my price target is over $1 by the end of the year.

Prices below $ 0.052 would be very bad. This would negate the whole scenario.
Comment: Here the 15min chart of a possible wave four.
Comment: The TRX could form a falling wedge that completes the wave four. However, the pattern is still very fuzzy.
Comment: It looks like a false breakout :(
Comment: negative divergance in 1h Candle and RSI
Comment: Short-term price gains possible
Comment: It doesn't look so bad for Tron. Okay, the wave four is taking longer than I thought. But the scenario itself is still valid. The question is if the supports will hold. And more importantly, we can break the resistance upwards.


update pleas!
Here is the count of the uptrend since the end of March. 1h chart.
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 Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out