TRON / Ethereum

Another Idea on TRX using elliot wave patterns.

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In this chart I am using the Elliot Wave Oscillator combined with Elliot Wave Theory to determine what wave cycle we are on. I went back as far as I could and marked the turning points in the oscillator in a literal sense. This chart seems to back my prediction on my previous chart on TRX which is that it still has to go up to a sell point. The current downtrend is line D and we still need to complete trend line E. My prediction on where line E ends is not specific as this is more of a determination, again, of where we are at in the wave cycle. If we take the oscillator literally as I have done, then there could easily be a couple more actual trend lines in between before the oscillator goes from white to yellow and then back again to white thus completing point E. This is more of an experiment for me than a prediction of actual price points.

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