KyleJKidd0d
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TRON TRX/ETH Elliott Wave Analysis

BINANCE:TRXETH   TRON / Ethereum
Hypothesizing a possible model for TRX/ETH            
I don't think this is right. The retracement of wave 4 should be max of 61.8% of wave 3. Looks like a complete 100% retracement.
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KyleJKidd0d dcardona1
@dcardona1, I believe the only real requirement is that wave 3 is the longest wave, which it barely is larger than 5 here.
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KyleJKidd0d dcardona1
@dcardona1, I checked the rules again so it is unlikely that is Wave 4. My new hypothesis is that is Wave 2. That could be more bullish and see us hitting the 1.68 retracement assuming we can get past the recent high.
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dcardona1 KyleJKidd0d
@KyleJKidd0d, Wave 2 should only retrace down to 50-61.8% assuming 0.000007 is the bottom of the 1st wave. We are approaching the 886 retracement. I don't think there is elliott here. I thought so too at first but I believe I was wrong. Sorry man, I wanted it to be elliott as well. Check out my publications.
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I sure hope this is we see!
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