Bullish RSI divergence. Watching that D and E wave to see if this plays out for a complete wave 4
Always say to yourself "what if i'm wrong". Well I don't think i'm totally wrong here but here is a scenario to consider. What if this wave 4 is actually an entire ABCDE triangle correction?
looks like my initial bullish flag account was actually just ABC of one larger bullish flag. Breaking out right now
watching for that pennant bullish break on the 30 min timeframe
ABC correction hit my previously set buy zone so I loaded up some more TRON. I see some bullish RSI divergence and we are at 1:1 ration for ABC correction. I anticipate a bullish momentum moving forward but i'll be watching closely with a stoploss set. Again, just my opinion make your won decisions blah blah blah :)
Looking for wave 5 to complete near previously established resistance for target 1. Volume is increasing, RSI in bullish, but MACD is bearish on the 30 min timeframe, but hey main net is coming so to the moon! :) I may take profits if we see .09 to .11.
EOS is testing 12.86. Looking for 14.00 on target 1 from previously established resistance. Anticipating 15.00 min for wave 5 as main net is released end month.
We should see movement soon. 55 EMA resistance being testing and major support trend line.
How many more times can this hammer support before it breaks
Looks like a C correction to possibly 0.066. Minor if you ask me but this might be a good opportunity to buy the dip again but that's just my opinion :)
As predicted yesterday day we got a bounce off the .618 fib. Tron VM v0.01 is released today and main net to follow so we should see some bullish momentum of the next 5 days.
RSI bearish divergence, MACD Bearish, and decreased volume. We should see small dip here again
Well that was a long deep retracement! Ladder buys down for cost average and now looking for target 1 at .085. Best of luck!
Damn that TRX RSI is low on the 1 hour chart. I laddered some buys on the way down so hopefully this sucker doesn't dip much further :). That is a 0.618 Fib retracement level so we may see a little more but main net is coming soon. Hard to say what way it will go with the way BTC is going honestly. Best of luck
Looks like we finished A of the possible 5-3-5 zigzag correction. SI missed my exit on the impulse wave but plan to exit on completion of wave B and re-enter on C before the next impulse wave. If you are LONG you can probably just hold here.
Getting close to my initial target zone. I will be exiting TRX when it hits target 1, or near target 1, as bitcoin direction is unclear and we could see a bearish scenario. I'll hold USD until bitcoin settles down.
TRON still on track for target. Currently forming a bullish flag with the final E count complete. Look for TRON to break out of this to complete wave 5 hopefully near my target established at previous resistance.