SUMMARY

TRON (TRX) rose about 245% from $0.023 to $.08 and that was just the preamble to what's likely to come. Be patient, be disciplined, because the pattern, waves and indicator all point to much higher highs.

The longer term perspective shows that the basin phase of the very large rounded bottom price pattern is most likely complete as the recent $0.08 breached it. Now, a sizable and very rapid, perhaps near vertical impulse should be experienced towards $0.34 or higher. The MACD is well ready to support such a move. Of course, expect minor corrections but it'll be more like 5 steps forward and 1 step back. Also, when the time comes, don't forget to take profits! Remember, bulls make money, bears make money but pigs get slaughtered!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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
Essay: Is Technical Analysis a Quantum Event?

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