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Shiba Inu And Tron Elliott Wave Analysis

May 31, 2021 8:24 AM ET
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Seeking Alpha Analyst Since 2010

We provide advanced information about Elliott Wave theory in real-time. The Elliott Wave Principle gives you a method for identifying the behavior of the markets and at what points the market is most likely to turn. We help market participants, who are interested in Elliott Wave theory, to understand the investor's mood and market cycles. We are doing our best to explain our views as simply as possible when tracking the market cycles from pessimism to optimism and vice versa.


  • ALTcoins may face a bigger recovery.
  • Shiba Inu seems weak.
  • Tron unfolds with in wave (C).

Shiba Inu, SHIBUSD looks very weak and seems like it is pointing lower for wave 5 of C, ideally once current wave 4 triangle or flat correction fully completes.SHIBUSD 4h Elliott Wave Analysis Chart

Shiba Inu Elliott Wave Analysis

Tron, TRXUSD can be trading within wave (C), but wave (C) is a motive wave and should be completed by a five-wave cycle which looks to be unfinished. So, watch out for another decline within wave 5 of (C) once a correction in wave 4 fully unfolds.

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