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movingaverage trendanalysis volumestudies Less Tags Show All Tags
TRX looks juicy with Main net release
TRXBTC
, 240
Long
TRXBTC: TRX looks juicy with Main net release

Reason to take this trade Strong FA and News 1.Top 10 in market cap-5,831,430,140 USD 2.Mainnet launch on may 31st Supporting TA 1.Wave 2 retraced to the fib golden pocket and wave hit 1.618 Fib extension of wave 1 and wave 2 2.wave 3 has retraced 0.38 fib (May retrace upto 0.5) 3.Very good possibility that wave 5 will hit 2.618 fib Target Target 1...

Possible Downtrend
BTCUSD
, 60
Short
BTCUSD: Possible Downtrend

Possible Downtrend

BTC short term Bearish
XBTUSD.P
, 240
Short
XBTUSD.P: BTC short term Bearish

considering we had a wave failure... we assume we are completed the Wave A of ABC correction.with recent swin high -9217.5 and swing low-6404.5 With wave A we can assume a dead cat bounce of .236-.38 fib retracemnt. However we have already above .236 fib , Based on the fact that we are yet to complete wave B with 3 waves up,The possible target is .38 ..i.e...

BTC almost near the Bottom,we are likely to bounce at 7238$
BTCUSD
, 15
Long
BTCUSD: BTC almost near the Bottom,we are likely to bounce at 7238$

We are reaching the 0.78 fib retracement of recent swing high and swing low (6000-11788) and the elliot count matches as well

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