SUMMARY
Tron (TRX) has been working diligently to pattern out the handle formation of a Cup & Handle pattern as shown in below chart. The Elliott Waves show that wxyxz sequence best fits the current price motions. Since five waves had completed prior, this handle has the potental to reach towards teh 0.618 or the 0.78 Fib level before turning.
IF one has cash readily available, raised by profit taking prior prior runs, they can easily be deployed during these kinds of price dips or corrections. The longer shows that once the handle completes, the potential for a trend reversal could be with a sizable upside in price. The $0.34 target is for wave 5 and wave 3 should near $0.27 or so. IF this analysis is correct, MASSIVE profits can be made.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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You have a minor misspelling in the following sentence:
It should be the instead of teh.Tron is oviously going to $14.88 and do a vertical flip there, touch the sky and then burn like a fry.
You know nothing but cuddling your mule dear @haejin
Tron is one of the craziest coins .. totally useless :-)
Step by step guide: how to buy or trade tron!
TRON is the long-runner
Lots of these coins have main nets coming out soon. TRON being one of them.
EOS and TRON are the alt coins i will be much focusing on.
Good tips. You try to help people. Upvoted and resteemed.........!!!!!!
To all the skeptics, please understand TA is about probabilities, not guarantees. Thanks for the Tron update @haejin
It's lovely to know that you are doing a good work helping people, but I believe it should be emphasized that it's a matter of probability and possibilities, once again this was nice.
For those of you interested in Tron, here's a summary I recently wrote https://steemit.com/tron/@crypticat/ninelives-of-tron
This tool was a true game changer in my trades: https://goo.gl/rzgsqe
It is such a good idea to click on links posted by random people.
It's not like it's malware or something... lop8k would never share that!!!
IF you like this chart you can follow me and see charts for others coins target for C should be around 650-680sats.
Mainnet after party~~ yeah~~
Such spam. Much flags.
SPAYAM GURL!