IEatCrayonz

TRX - Finished ABC Correction Wave

BINANCE:TRXBTC   TRON / Bitcoin
TRX             had a classic and very rapid 12345 Elliot wave followed by a basic ABC correction which was very healthy.

I do not think that it will start a new wave until tomorrow, shortly after Korea wakes up.

First target is the first resistance level as shown. After a short resistance at that level, Trx             will increase to at least the next Fib level.

Thoughts?
評論: Wait for breakout before entry.

For now I have entered into VIBE on binance. I don't have time to make a chart but entry is asap and first target is around .00019286.

VIBE, newly added to binance, is a VR platform. Check em out. I'll make a chart on them soon :)
評論: Massive Whales are keeping the price down... In the TRX/ETH trade on binance there is a 25 million dollar sell wall keeping prices down.

It will take off, when the whales decide to leave tron alone..

Someone on reddit calculated that they make approx 1.5 mill each trade by keeping the price bouncing back and forth...
手動結束交易: Trade Obviously closed for now. Massive news (possibly FUD) came out about TRX recently and caused investors to hop out

We'll see where it rests at. Looks like new resistance is around 681 sats.
Massive Whales are keeping the price down... In the TRX/ETH trade on binance there is a 25 million dollar sell wall keeping prices down.

It will take off, when the whales decide to leave tron alone..

Someone on reddit calculated that they make approx 1.5 mill each trade by keeping the price bouncing back and forth...
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How's tron looking right now? Will it make the breakout? It does look like a symmetrical triangle
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@mezase, I would stick to my original idea, that's my thought on it. However, that's exactly what it is - an IDEA.

Anything can happen with crypto.. Good and bad (unfortunately).

All the charts can indicate one thing and the market will do it's own thing.
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Looks good. Amazing analysis! Thanks for your input.
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