www.blocksafefoundation.com is a cool project. Los Angeles 10:48 PM. This Elliot wave is a gamble. It can uptrend with 2 days left on the timer or correct itself back to its original path. Either way, the price will almost double with the Burn of 70 million $trig. Smart move by Trig.
Techincal: I think we can use the red lines as support and resistance and may see a continued higher highs and higher lows up until the burn is done. We need to see a strong spike in volume and interest if are going to break the resistance and generate a strong high. Although 70% is being burned off the total supply 29,519,400 has been the median circulation...
after huge pop this morning we have a nice consolidation above vwap to limit risk. this could curl back to hods. i used the btc pair
TRIG has just broken key technical resistance, and appears to have started it's next leg upward. There are still a lot of sellers around 0.00024 - 0.00025 BTC, but these sell orders are steadily getting cleared out after the break upward. Ideal entry point is near a retest of the recent high near 0.00022 with a stop close below 0.000205 depending on risk...