kseeley1083

UPDATED TRXETH Delivering Smiles

BINANCE:TRXETH   TRON / Ethereum
@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too short of a focus here. This recent uptrend actually started further back on 1.16.18 and now we can see this retracement falling towards both the 618 fib ret and another support/resistance level reconfirmed multiple times since 1.13.18. Without having a weathered pulse on TRXETH with how young the project is, and being newer to the crypto TA space, I'm still working on a TA algorithm for TRXETH. Any insight would be appreciated!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.