TRXBTC has started to grow and are trying to start a massive up move.
There are a massive volume of buying in past days,
The Stoch are in oversold and headed up.
FEB for ALTs, BTC currently are in sideways thesis, You can see many ALTs are now performing a massive move.
Targets are mentioned in the chart above.
Tron is still playing out with the charted ABCDE wave 4 correction. You can argue that this ABCDE correction is actually a failed wave 5 wth an ABC correction but no matter how i plot that scenario I always have problems getting the count to fit. So I'm standing by my ABCDE triangle corrective wave 4 count unless i'm convinced otherwise.
Right now i'm watching...
After successfully completing the Eliot wave formation, TRX seems to be correcting down towards the trend line. After the ABC correction completes i may look for an entry either off the trend line or support.
Watching this closely over the next few days.
Hello guys and welcome back to another TRX/ETH update on the 1-day candles. After my last one TA, it seems like some people want to know more and I think now is the time to re-look and re-adjust our view of the long-term market. I promise this time to be less over the top and to try and focus on the plethora of things I've indicated on my chart (I've indicated...
TRXBTC has floored and seems ready to resume its move back up to form a Cup & Handle:
- price has barely budged in regards to the BTC crash.
- RSI is at an all time low ; indicating that we're deeply oversold.
- A series of hammer have formed on the 4hr ; indicating that the downtrend is slowing down
- RVGI seems to be indicating that we're at the start...