TRX Update and Relabel, Substantially Higher After Correction

I think we completed wave 1 up on the 9th/10th @ $0.0355, which I now label wave 1 Circle. We are probably within wave (A) of an (A)(B)(C) correction of wave 2 Circle. $0.0198 is the 50%, $0.0173 is the 0.618 and 0.0146 is the 0.764 Fib levels.

Substantially higher once wave 2 Circle is in.

تعليق:

I am unsure that wave 2 Circle is still in play. The entire correction COULD have ended in the three-wave move down to (A). BTC and XVG could be nearing a third wave up, XVG completing an Ending Diagonal for a C wave of (2). In light of this possibility, TRX wave 2 Circle MAY be in, ending at label (A). I would have liked a 2nd wave to have lasted longer, time-wise, creating better symmetry and wave A/C relationship.