marzil

Bullish Wave Count on TRON [with targets]

Panjang
BINANCE:TRXBTC   TRON / Bitcoin
Here's my bullish wave count on TRON/BTC.

Entry:
I expect a small pullback at the double top range (1050-1100 satoshis) going into a successful retest.
I personally already have a position in TRON.
However, I'd suggest an entry at the retest of double top range as there's not much price difference from now and then.

Target 1: 1200 satoshis
A truncated 5th target (123% length of wave 1 projected from wave 4)

Target 2: 1310-1330 satoshis
Main target (161.8% is common for a 5th)
Previous resistance pivot high

Stop loss:
Take consideration for a stop loss in your own accord, keeping in mind Bitcoin's trend, which Tron will inevitably follow

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.