TRON (TRX): Be Long Term Greedy!
Tron (TRX) broke out of a symmetrical triangle which allowed price to consolidate. I've labeled a short term five wave impulse up and it could certainly go higher towards $0.11 cents!
But, focus more on the longer term picture. As Tom Lee often says, be "Long Term Greedy"!! The below chart showsa massive rounded bottom price formation. The left wall is complete and from the looks of it, price is just exiting the basin phase. That means the right wall is yet to be built! IF you happen to have let's say 300 Million coins of TRX; the $0.34 target would be an explosively phenomenal return!
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
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