Tron ready to go.
Updated
It will be short view. I'm tired of the voyage.
Bullish signal:
MACD gistogram - Bullish divergance
Falling werge (minimum target in case of break out)
These buy signal enough for me. This best time to buy, in my opinion! (Please read last sentence once, look on the chart before make decision)
More details will be tomorrow .
McAffe tweet (You know what does it means XD):
twitter.com/officialmcafee/status/1001541094444883968?s=19
Tron was listed on Indodax.
Bullish signal:
MACD gistogram - Bullish divergance
Falling werge (minimum target in case of break out)
These buy signal enough for me. This best time to buy, in my opinion! (Please read last sentence once, look on the chart before make decision)
More details will be tomorrow .
McAffe tweet (You know what does it means XD):
twitter.com/officialmcafee/status/1001541094444883968?s=19
Tron was listed on Indodax.
Comment
As I promised extensive analise of TRON.Daily chart:
Indicators:
MACD slow line start curving
MACD gistogram - Bullish divergance A
EFI (13) - Bullish divergance A
EFI (2) - Bullish divergance A
Stochastic - oversold (8 days)
RSI - neutral (42), downtrend RSI is not broken out but line directed up. Werge pattern
Rate of change - Bullish divergance A
Momentum - Bullish divergance A
Moving averages:
Daily:
MA 50,100,200 - directed up
Resistance - MA50, EMA30
Support - MA100 and MA200
1D chart (MA50/MA100/MA200)
1D chart (30EMA+50MA - dead cross)
Weekly:
13EMA - main support (stop loss level, 723 satoshi)
10EMA - local support
Elliot waves analise:
II wave was deep (61.8%+) means that IV wave must be flat or 38.2%
V wave equals lenth between I and III multiplie 1.618
Target of V wave is 1423 satoshi
Chart:
Graphic pattern
I supposed that is werge, I was wrong.
It's most likely FLAG. Target is 1569 satoshi
Events:
1. Listing. Tron will be listed on max exchanges as Justin Sun promised
2. Migration from ERC20 + exchanges support
3. Super representatives for the Tron mainnet will be elected by the community.
Link: coinmarketcal.com/?form[date_range]=09/06/2018+-+01/09/2021&form[coin][]=TRON+(TRX)&form[sort_by]=&form[submit]=
Conclusion: Buy
Buy in range:
"B" - Close to downside line
"A" - About upside (after break out and sustain about pattern border)
"A+" - BLUE dotted line (994 satoshi)
Stop loss level:
Light - Orange dotted line (723 satoshi)
Hard - Red dotted line (under 700 satoshi)
Feel free to comment, like, feedback. Your opinions are important for me.
Comment
Easy, dont sell until candle closed:Trade closed: stop reached
Trade active
Good day, so we have triple bullish divergance + falling werge + break down 200MA 1D chart:
You can enter now as you can wait until price break out red dotten line most safety.
Comment
Here 1D chart:MACD gistogram - Bullish divergance A (TVM 31st of July)
RSI on the bottom. Its usefull info in case of trading canal.
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