Nothing interesting here today. In my last post yesterday I've gave you two possibilities for the top of the 3th wave. Right after that Tron decide not to go up reaching 1.618 Fibo extension but to start 4th reactive wave. Since then it's correcting. The correction structure is not clear for now so I prefer to talk about it when more data come.
4th wave targets are as usual 0.382 and 0.5 Fibo (where is the support of the 1th wave too) retracements. If you are a buyer ladder you buys between this two zones.
Stop loss slightly below the 0.5 , top of 1th wave and the top of the 1th wave of 3th wave.
Targets for 5th wave.
Sell 1: double top and -0.236 Fibo
Sell 2: 3th Minuette wave reached 1.272 Fibo so there is a big change the 5th Minuette wave to reach 2.272 Fibo extension and -0.618 Fibo.
Sell 3: 3th Minute wave reached 1.618 and 1.75 so there is a big change the 5th Minute wave to reach 2.618 and 2.75 if Tron decide to do a extended 5th Minuette wave
Related posts:
TRX (Tron) / BTC - 21 May 2018
TRX (Tron) / BTC - 09 May 2018 - correction in progress, C leg still missing
Follow me on steemit to be updated!
Follow me on Twitter
Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!
