Wait for the breakout, if it breaks out of the Penannt then buy and sell higher!!!
the candle on 4 hours need to close on top of the support ,if will hapen my next target is 0.13
5 Min Chart NOW showing a good buy volume get ready for a position.
4 hour charts are doing me well..
Still trying to get the hang of the different indicators. Hope this looks correct. Cause im seeing a small ascending triangle forming on a 5 min chart. But overall up trend still continues.
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First Elliot impulse did a text book 0.618 retracement and it looks like the 3rd wave will push through the 50 EMA and the major resistance; finally; my coins have already spider webs on them
If wave-1 turns out to be or is believed to be the longest wave in the sequence the second wave cannot retrace mush more than 38.2% of the first wave. If the first wave is not longest wave the lowest point of wave-2 can retrace as much as 99% of wave-1.
Will you look at this. TRON got pumped to the limit and then fell alot, but it could still fall further. There is a possibility TRON becomes really cheap, there's many bagholders waiting to break even, and it has the image of an overpriced shitcoin. But there is value in this thing, maybe. It could get sold too much, below what it should be priced at. There's a...
TronTRX is currently at a very interesting level just below the strong resistance of 0.043. If TronTRX is able to break above the 0.043 resistance level and close, we could see a very strong run to the upside. Although we are still in a long term downtrend channel i don't believe the support of 0.040 will be broken because of the recovering market and fiat money...
assuming this is some combination correction in wave 2 wouldnt i be smart to jump in for the sell for wave 3 ??