TRXUSD D4: 50% correction TOPPED OUT / SHORT RIPS (SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: TRXUSD 4days/candle chart review/outlook
::: SWING trade setup for position traders ONLY
::: long-term accumulation in progress
::: BUT topped out for this cycle already
I called it's 20 percent gain not to many days ago. Based on its retracement since I think it could be looking for a shot at over 4 cents. A strong pattern very similar to it's last trip to 4 but more solid indicates to me that it's next leg up on the 4 hour chart will take us over 4 cents and settle around the level of it last run up .037 after retracement.
Hello investors and traders!
We have similar formation on many alts right now.. Some already finished wave Z, some are finishing X ; Y.. XRP for example finished WXYXZ and landed back below wave X..
Tron is just starting it's run and now we are going towards $0.18 shortly.
Based on fractals and knowledge on how these cycle works we are looking at $15-20...
If we are beginning the next major crypto rally, we can expect that the coming wave-G will be similar in size to the previous wave-E the entire market experienced in 2017. However, TRON only began trading in November of 2017, so based on extrapolations from other cryptocurrencies Wave-E on TRX will only be 50-62% of Wave-G in price. In other words, Wave-G on TRX...
Lot of altcoins looks very similar on logaritmic chart, there is head and shoulders or cup and handle
We have 2 options
1. BTC will consolidation and altseason can start
2. BTC go down and altcoins go hell
Be ready to both scenario!