TRX: BreakoutTRON has formed a falling wedge, usually these patterns breakout on the 5th touch, prepare for upwards movement.
Trxbt
Potential Buy Opportunity TRONOn the TRXETH 4HR Chart, it looks like we have the first impulse wave followed by a 61.8% retracement on our 2nd wave. Good buying opportunity now at $0.14-$0.16. The better strategy is to wait for a breakout past the $0.25 mark or 0.00025 ETH. Looking for volume at this point to push the price to our 3rd wave where I believe we'll at least hit the 1.618 level at 0.00047. I put the 3rd leg up to the 0.00050 mark since this may be a psychological number. By all means, it does not have to stop there since the 3rd wave is usually the largest but 0.0005 is a conservative target level.
As mentioned, look for buy entry now at the .618 retracement which is 0.0000083-0.000010 BTC and 0.00014-0.00016 ETH or wait for volume increase and a breakout at 0.00025 ETH.
