If we will have ABC correction than it should be at 0.0135-0.0138 levels and if price holds 0.0134 previous high than we can expect one more bigger move up to 0,0154 what is 1.818 fibo extension from previous low 0.0121 and high 0.0139! Many if than in story :-)
If we follow the trend we are still bearish!And this is the perfect point to entry short or sell eth if we are in eth!Our target is still 70-75 level and if our sl is at 110 than risk reward ratio is more than better! If some spike hit our invalidation point(our sl is little above that line)than if have a back-test from there we can use that to to go with smaller...
BCH or BCHABC whatever we call it finally have some clear pattern from long way to down! We have a clear 5 wave impulsive wave so if we make buy after correction what will comes now we can't be wrong!
Level 84 is very important now. If the small fifth wave going to ending diagonal and we hit level 84 than we will have two possible scenarios !
So this last wave is very important now !We have a possible diagonally HS pattern now first target is 1.618 fibo ext. and target 2 is 2.618 if in first move we get to target 2 than that is also broke a previous low so our move to minimal 70 80 target is for sure but wave construction will told us where is the end (our imaginary end of down trend for now)!
Still looks that something missing to we can say that , yes the cycle is complete and one more possible scenario for end is "ending diagonal " to reach our target around 3000 !
It is time for buys soon or now!
Good news for TRON always welcome if we are waiting for up moves coingape.com Our previous look of TRX market: and before that
One more wave up and cycle is complete.We need one correction before that and possible that will be a Back-test on upper trend line or little lower that is previous high!
Our Falling wedge scenario is erased with breakout from imaginary wedge and we have a back-test of imaginary wedge lower trend line! We can see nice movements playing with highs and lows and also we can see that market is slow down it is just because h left only 90 usd to down:-). So investors be ready for investments soon ! I know that we can say never try to...
And previous low from 10 Jun 2017 is our target now Dec 14 deadline to reach it around Dec 14 Closer look: www.dropbox.com
From 5,8 usd to 0,2 usd but still 13 place on CoinMarketCap after 29 x price drop Like many other Iota is also somewhere in last waves down and soon we can expect Bull run to upside!
At the end picture is always more clear than at middle of the cycle! Previous picture looks that cycle is almost finish But now looks that one more small wave missing before we can say that cycle is really complete! Level 102 and 111 USDT is the most important now! If broke the 111 than we can say cycle is already finished but if hit 102 level and we will have...
The final wave will coming soon! BTC ETH LTC and many others in almost similar wave construction!
We have a nice triangle again like many time on crypto market in little not usually formation but if triangle pattern works(more times works than not works) it is relatively easy to trade it
TRX USD have a nice upside move of 5 waves and we have a nice correction !We can expect next bigger upside move so making some buys now is reasonable sure with SL under previous lows!
Everybody this days publish bearish ideas!If and only just if we have some upside movements we have some short term targets!If target 3 is reached we can think about changing our bearish vision!
If broke the upper line of wedge we can start believe in waves again! Yesterday Waves usd was in similar situation and we have a nice Breakout! For buy positions we can follow correlation Waves BTC ,Waves USD, BTC USD Buy at back-test on upper wedge line Waves USD.