My previous idea using the elliott wave didn't work out right. After reviewing other people's ideas on TRX/ETH and TRX/BTC, it appears that the wave that I called #1 was actually #5. Based on other's ideas, it looks like we just finished correction wave ABC. Lots of negative comments throughout along with widespread rumors.
Most of these altcoins are speculative and we are all still early investors. We may not be BTC early but we are definitely still in the early stages. If you're investing, you're either in it for the quick profits or you're investing in the idea/team.
If the coin goes up which I expect it to, we have a bearish cypher pattern forming on the 1HR chart. Expect lots of resistance at the 0.00027 with wicks at the 0.00032 mark followed by a .382-.618 retracement.
Let me know your thoughts.
Most of these altcoins are speculative and we are all still early investors. We may not be BTC early but we are definitely still in the early stages. If you're investing, you're either in it for the quick profits or you're investing in the idea/team.
If the coin goes up which I expect it to, we have a bearish cypher pattern forming on the 1HR chart. Expect lots of resistance at the 0.00027 with wicks at the 0.00032 mark followed by a .382-.618 retracement.
Let me know your thoughts.