TRX - To The Moon

When buying from the current price, stop at 755. The first target is 800-820.
Why so low? Price can form an extension of the corrective model from W-X-Y to W-X-Y-X-Z. Also, there is some possibility to get out of this triangle down, so the stop is required. Anyway, I will watch the development of the price movement.
Globally, we are ready to form a wave (5) of 3. Targets ~900-1000 satoshi.

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Brakeout!

İşlem kapandı: hedefe ulaştı

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Happened a variant of the extended correction. Will it be a triangle or a zigzag - time will tell.

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Sorry for the delay. Price has developed a correction in the form of a zigzag, but not deep. Now a wave of 3 of (5) is forming.
Target 960-980.

İşlem kapandı: hedefe ulaştı:

ATTENTION! It seems that I made a mistake (circled in a red circle) in the construction of the wave. If this is so, the wave (5) is over and we are waiting for a correction to the levels 780-740-700 satoshi. Closed the position. Who wants to keep the first option to 1000, then stop-loss at 857.

Yorum:

Well, the situation is more or less clear. Finished wave 3. Correction formed a triangle with a breakdown down.
The first target is the level of 890-900.
The next target is 770-780.
I will bribe step by step from the first goal.
Who holds - I recommend holding on, trade can no longer be so profitnye.

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Buy zone

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Very steep volume on bounce! 840 sat

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I consider the wave 4 complete. There was a rebound from 720 with a start impulse. You can buy from current prices.
Targets: 1000-1200 sat