SUMMARY
Tron (TRX/USD) has built the left wall of the very tall rounded bottom formation. It has also completed the basin phase (blue box). Since symmetry is important in patterns, the most likely way to reach the level of the left wall's price height is by an extended 5th wave. The below chart shows that waves 1,2 and 3 are likely placed and 4 is being worked on. IF this count is correct, a phenomenal price move is probable.
This post is a bit different from the other day's as it is more bullish in projection. The blue subwaves of wave 3 are not complete and has wave 5 remaining. However, what is most compelling is the MACD which is sitting on the apex of its own symmetrical triangle and could have explosive outcomes. Now, once you seen an extended 5th way pasy the 1.618 length of wave 3; what do you do? That's right, you take profits and don't walk but run! Extended 5ths almost always result in a very deep correction.
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?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
I love extended fifth...It makes me smile...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agreed. There's usually always a correction after it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have trx has huge potential in crypto market in future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I believe it is a pump and dump coin. But you can get 10x if you are quick.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why do you think it is a pump and dump? Can you be specific or are you just giving an opinion without any facts?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Too many things to list. Lets call it my subjective opinion. 😉
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tend to invest in stuff I believe in, and understand. Admittedly I have missed on some. It's hard to put money into something you don't believe in. It has served Warren Buffet well over the long term.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
But it does not mean that you can not trade one. 😜
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep.. even bullshit has a market. Human waste is sold at the local Home Depot. It helps the plants grow.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
TRON is not a pump and dump coin. It's community has been growing for the past year now. TRON Reddit has over 64,000 users. TRON telegraph growing, twitter growing. TRON & its upcoming Blockchain Platform is the real deal.
TRON is a long term hold. IMO
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
But its like an empty coin yet, just a token of what it will be. I dont' like that in crypto world, I like coins like Bitshares that are already running on the rails with a bright future.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly - just an empty coin with a lot of hype and marketing around it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Like the pet rock?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had to search for it. You nailed it!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the chart connected to you post may be a cup and handle pattern. its not showing enough info, but the handle may break north w/o looking back at any time. More info needed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hahahahaha, kind of, one part of me thinks the same that @scorer, and other part of myself thinks "BUT HEY! They have a test net right now and a pretty nice interface for their "pet rock", they clearly convinced lot of people to put money into it. And, finally, if you read their roadmap (Q2 Mainnet launch) it is an interesting project that will intend to cover LOTS of edges"....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's why you need to make your own decision. Maybe it works out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
... you just described a lot of cryptos...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Of course. That's why nobody knows which one is going to be the right one.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have trx also - I keep hearing it will hit $1.00-2.00. After reading this article Im thinking maybe sell at $.24-48 and rebuy after dip?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Mainnet Launch (May 31)
https://www.coinevents.co/tron-trx-353.html
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Previous @haejin thanks!!
come visit my blog, let it also be an honor for me. I am also happy to visit the blog @haejin, the faithful give upvote for you.
Big Thank's For @haejin 😎
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome to update cryptocurrency news
Thanks for sharing blockchain
I like this update cryptocurrency news
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Really This post is a bit different from the other day's! As you say,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Coins mentioned in post:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Love the updates, Haejin!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Extended Fifth. My favorite symphony... Beethoven was a genius! Fantastic!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing thanks for this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks @haejin for your explanation, I am learning a little more thanks to you, God bless you.
Regards...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The huge information here.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will the pattern you showed above happen with the mainnet going live? Could it continue past the 618 and just keep going?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@nextgencrypto @ngc @thecyclist @thedelagator @steemservices @yougotflagged @berniesanders why did u flagged my comment?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit