TRON (TRX): Fractal & Pattern

SUMMARY

Here is a fractal of Tron (TRX/USD) where the first rise was a vertical ascent to tag a 1,074% profit scream! IF we can extrapolate the analogous nature of the fractal, the next run could potentially deliver a target of $0.27 or so. That'll be quite an attractive return.

Take a look at the pattern on Tron. The rounded price formation has generated an uncanny Cup & Handle where the handle formation could be complete. The right was is not as high as expected, but bear in mind that this pattern could be smaller one within a much larger saucer shape. Let's see if price could turn back up in the next few days.

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?

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