The first uptrend is finished in the range of 0.26, and the price is moving in an upward channel, heading uptrend and the formation of wave 3, which is in sub-waves of 2nd wave from this point.
The price targets for this uptrend are initially 1.19 and the main target is 2.57.
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In the 5-day chart in TRX / BTC, the Diagonal pattern can be seen, which can indicate the termination of the downtrend and the formation of a very strong long-term uptrend, and reaching the initial targets of 1083 and then 3332.
The first uptrend ended at $ 92.99 range, and as the 240-minute chart shows, the corrective movement ended at the range of $ 53.50. As you can see, the price is completing the iii wave, which can be extended up to the range of $ 300.
The 60-minute chart indicates, at the end of wave ii, from the sub-waves of wave 3, a Diagonal pattern has formed.
In the 3-day chart, the uptrend is crystal clear, which can be extended up to the target of $ 800 to $ 1,000.
In the 240-minute chart we can see the triangle pattern ,which has been completed in the range of $ 515. This movement is a good indication for the termination of the corrective movement, in wave iv from point 3.
In daily chart wave counting has changed to some extent, it seems the target of the uptrend can be $ 85 in the first stage and then the price level can be extending up to $ 160.
In the 15-minute chart, the Diagonal pattern is clear, which could indicate the completion of the downtrend in wave 2.
The price in the 10-hour chart is completing wave 3, and below its waves we are in wave IV.
In wave IV, a triangle pattern is formed and the price can drop to the range of $ 1. But it should not enter wave i.
In the weekly chart the price movement is forming a Triangle pattern, we are currently in the C wave from point D.
( Weekly Chart )
The daily chart shows the structure of the waves, which indicates that the iv wave from point C has ended and the price is rising in the V wave, which can be extended up to the range of...
Rising panic for the formation of descending trend due to the Diagonal pattern
In the case of bitcoin, the diagonal pattern is under the formation, which is in the 5th wave from point 3.
The uptrend is likely to be extended up to the range of $ 66,000 to $ 67,000, and in continuation, it is expected the downtrend forms in wave 4. The probable drop might progress...
As the daily chart shows the price is in the uptrend and in wave iii, which the targets of this uptrend is in the ranges of $ 85 to $ 100 (In the short term).
In the sub-waves of wave 5 from point iii, wave 4 has ended in the range of $ 21, and then, by referring to the 240-minute chart, we can consider the first formed wave as a Leading Diagonal. And its...
By the end of the first uptrend in the range of 1.2349, the corrective trend has ended with 3 descending waves in the range of 1.1704, and we should expect an uptrend for this currency at least up to the range of 1.30.
The confirmation of the uptrend has been drawn by crossing the price from the downtrend channel, in addition, we also can get the main confirmation...
There is a scenario that, the Wave IV has ended with the Double Zigzag pattern around the range of $ 1678. In order to approach this purpose, it must cross the drawn trend line and be stabilized above it. The targets in the V wave from this uptrend can be around $ 2200.
First of all, I apologize for not being able to update the analysis due to personal issues.
In the daily chart, the first target of the uptrend can be around $ 526.
In the 240-minute chart over review, a Triangle Pattern is under formation, of which it could have ended in this point or it could have extended up to the $ 177 range in the e-wave, and then the...
Wave iii has been completed in the range of 1676.10 and the corrective movement of 3 waves in wave iv is under completion, this wave be extended up to the drawn blue trend line.
By crossing the trend line which has been shown in red color, we can expect the target of $ 1650 for the precious metal.
In the 240-minute chart, wave 2 from the sub-waves which has been shown in the picture has been ended in the range of 32.07, and by crossing the price from the range of $ 38, we can get the confirmation for the uptrend and the $ 63 target.
In the weekly chart, the price is forming the 5th ascending wave, which can be extended up to $ 290,000 target. This is a general trend.
( Weekly Chart )
In the daily chart and by the wave count, the 3rd wave from point 5 is being completed, which can be extended up to the range of 70,000 to 80,000...
Wave 1 is finished around $ 5.38, and its corrective movement is completed around $ 1.12 level. The price is in the sub- waves of wave 3, in this uptrend, the 3rd wave can be extended up to the target level of $ 20 .