JST/USD - Trons new JST coin gets hot after added to exchangesJST coin started out at .02, and we can see a Fibonacci Rise of the coin. It went up to .06, doubling. From there, went down to .045 - at which point it drove all the way up to .10! On some exchanges it hit .12 - the numbers were a different FIB sequence (HBTC Exchange - .02 up to .04, down to .03 - up to .12 - down to .06 (you get it))
Wave 1 - up 100%
Wave 2 - Corrected down to the Fibonacci Line of .50 - Were off to a good start!
Wave 3 - Up 1.68 - What a run!
Wave 4 - Down to .382
Wave 5 - WE SHALL SEE! Potentially just back up to .10, .11, or all the way up to .15
We can see the 5th wave starting to dismantle now, with a large spike of volume, that is because in Elliott wave, the 5th wave is the last wave up before a correction. We will see a correction after this.