TRX has finally entered our buying range which we have planned since January.
Because of the extended 5-wave that peaked january 10th, there is a possibility that this will bring us as low as to wave 2, or around 350 sats.
However, if it does we do not panic, we just load up more cheap TRX.
This big wave 1-2 (in blue) has taken some time, from late November, and now we are entering April.
We can expect the bigger wave 3 to take some time as well, possibly 2-5 months, lets be patient while we let crypto work for us.
The final big wave 5 might go to 1650-2500 sats, but this is a trade we do later.
BUY TARGETS:
560
501
420
388
SELL TARGETS:
817
986
1129
1337
1416
The 1416 Target is changed to 1337 if we see TRX go below 500
Because of the extended 5-wave that peaked january 10th, there is a possibility that this will bring us as low as to wave 2, or around 350 sats.
However, if it does we do not panic, we just load up more cheap TRX.
This big wave 1-2 (in blue) has taken some time, from late November, and now we are entering April.
We can expect the bigger wave 3 to take some time as well, possibly 2-5 months, lets be patient while we let crypto work for us.
The final big wave 5 might go to 1650-2500 sats, but this is a trade we do later.
BUY TARGETS:
560
501
420
388
SELL TARGETS:
817
986
1129
1337
1416
The 1416 Target is changed to 1337 if we see TRX go below 500
Note
560 buy target reached.Note
edit 501 buy target to 508Note
Got some more at 465.Interesting to see how deep a retrace is after a extended 5th.. It is expectet to retrace dreper than a normal 12345. It looks like high probability That we soon hit 420-380 area.
Now many traders That did not expect such a deep retrace are hitting their stops.
Removing most from the 1416 sell target.
Also adding a sell target at 750
Another example of deep retrace after extended 5th : BTC after hitting 20k :)
Trade active
Note
420 hitNote
so far so goodlets see the bounce from 380-350 area, perhaps as BTC consolidates, and Alts start pumping again.
Note
Its possible the retrace is over, bottoming around 394 sats.To make this trade safer, sell at 590-620
Trade active
All buy targets hit.TRX, show us some moves up.
I will not be surprised if it happens while BTC corrects a bit.
Note
my highest target is now 1140Note
well thats not true, i hodl some for higher, and for new ATH
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.