Tron ($TRX) - more upside incoming ?

2018년 1월 18일

Finally, TRX shows us some bullish movements by breaking the downtrend line with a significant increase in volumes. Moreover, the bottom of the corrective wave (4) fits to the top of the first wave - Elliot wave principles are still valid.
MACD indicator shows no divergence between the TRX price and momentum in the previous impulses, which gives us a reasons to anticipate a continuation of the current trend.

Also, because of the strong (3) wave (+834%) there’s a huge probability for the current wave (5) not to reach the peak of the previous impulse, Elliot called this phenomenon the “truncation”.