TRX (Tron) / BTC - 22 May 2018

Nothing interesting here today. In my last post yesterday I've gave you two possibilities for the top of the 3th wave. Right after that Tron decide not to go up reaching 1.618 Fibo extension but to start 4th reactive wave. Since then it's correcting. The correction structure is not clear for now so I prefer to talk about it when more data come.

4th wave targets are as usual 0.382 and 0.5 Fibo (where is the support of the 1th wave too) retracements. If you are a buyer ladder you buys between this two zones.

Stop loss slightly below the 0.5 , top of 1th wave and the top of the 1th wave of 3th wave.

Targets for 5th wave.

1. Sell 1: double top and -0.236 Fibo

2. Sell 2: 3th Minuette wave reached 1.272 Fibo so there is a big change the 5th Minuette wave to reach 2.272 Fibo extension and -0.618 Fibo.

3. Sell 3: 3th Minute wave reached 1.618 and 1.75 so there is a big change the 5th Minute wave to reach 2.618 and 2.75 if Tron decide to do a extended 5th Minuette wave

Related posts:

TRX (Tron) / BTC - 21 May 2018

TRX (Tron) / BTC - 09 May 2018 - correction in progress, C leg still missing

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