Shiba Inu And Tron Elliott Wave Analysis
Seeking Alpha Analyst Since 2010
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Summary
- 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
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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