The near-term view is suggesting that the bigger correction against the all-time low unfolded as a double three structure where wave w ended at $0.0103 low, wave x bounce ended at $0.0453 high. While wave y ended at $0.0065 low and with that the correction against all-time lows ended in wave (II) pullback. Up from there, rally higher is taking place as 5 waves impulse structure where cycle degree wave I ended at $0.0533 high, and wave II pullback is expected to reach approximately towards $0.01320- $0.0094 area lower before resuming the upside once again.
Tron TRXUSD 12 Hour Elliott Wave Chart 10.30.2020
