Cup and handle TRX

2018年5月13日

On the 4h timeframe you can see a cup and handle forming. It already made a small cup and will make a bigger one. If you zoom out, you will see another big cup and handle forming, which indicates that we are currently forming the handle of the massive cup. I expect Tron to go up in the 5 waves I put out, respecting earlier levels of resistance or Fibbernaci levels.
The longer Bitcoin stays in accumulation, the longer the run on alts will be.

The green bar is the buy zone. Targets are in purple.

Happy trading!

*Not financial advice and for educational purpose only.

2018年5月13日

註釋

It looks like the cup formed but reached the 870 level. A retrace will be very likely to 830ísh before we go up again to the first target level.