TRXBTC- Conservative Targets
While I'm hoping to see this rally up a lot higher before the Main Net launch, crypto doesn't unfortunately cater to our desired narrative.
It appears we're in the midst of the corrective 4th wave.
I'll be looking for a bounce to the upside around 855 sats, 785 sats, and 715 sats respectively.
If this run continues to adhere to being a textbook 12345 wave, then look for the end of wave 5 to be around the color of its respective support- i.e., if we bounce off of the 784 level, expect the rally to end at 1264 satoshis.
Crypto is quite odd, however, so I still don't rule out hitting the 2500 sats mark by the end of month. everyone could FOMO this to sin and cause an absurd rally. There was no explanation for the previous run in December, so we don't need one now.
It appears we're in the midst of the corrective 4th wave.
I'll be looking for a bounce to the upside around 855 sats, 785 sats, and 715 sats respectively.
If this run continues to adhere to being a textbook 12345 wave, then look for the end of wave 5 to be around the color of its respective support- i.e., if we bounce off of the 784 level, expect the rally to end at 1264 satoshis.
Crypto is quite odd, however, so I still don't rule out hitting the 2500 sats mark by the end of month. everyone could FOMO this to sin and cause an absurd rally. There was no explanation for the previous run in December, so we don't need one now.
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.