TRX LAUNCH OF THEIR MAINNET---- LETS SEE WHAT HAPPENS PATIENCE IS THE KEY...
Hot dates:
25th May: Virtual Machine Launch
31th May: Mainnet Launch
21-24th June: ---Migration to Exchanges that support the migration such as binance.
24th June: Limit date to move trx to exchanges.
25th June: Deposit to exchanges suspended.
26th June: End of migration.
Today was a good day for TRX it is looking bullish and a potential GOOD TRADE.
This Is my view:
-We are in a change of trend. Going out of the 4th wave to Go to "Final" 5th wave. And we can see strong fundamentals to make this happen.
-Although 5th wave in the past was not the longest one, I think this wave will be at least 100% high (From 763 satoshis)
-Target at least 1400 satoshis.
***Trade activities during May- June will not be limited by any exchange.
Mainnet
EOS/BTC: Cup & Handle finished, impulse waves to profit next!The chart of EOS is looking beautiful. I noticed a *long long long* cup and handle which EOS formed. IF this is a cup and handle which played out, impulse waves to new higher highs & beyond are next. With the upcoming mainnet release of EOS and all the airdrops that come with it, I wouldn't be surprised if we smash the previous ATH.
The lowest low of the handle is supported by 1 longterm support, a fib line and the downward trendline of the Handle. These big supports are the reason I think EOS completed the Handle and is now up for big gains!
Trade with caution! BTC is very shake and is currently at around 8600, but COULD drop below 8k (which I think won't happen anymore, but I am just an amateur TA :), so take my words with a big bag of salt).
VECHAIN [VEN] - Correction taking place. Best buy before MainnetHey Fam,
VEN has just completed its 5th wave up and is currently experiencing a correction. From the structure of VEN's Price movements I have calculated that the best buy before Mainnet will be at 48'000 sats. it may trickle a little below the 48000 sat price mark but pulling itself to stick to the 48k sat price is likely to occur before continuing along the diagonal trend line to help project it into the higher highs and the completion of wave 2. Geared up for a massive Wave 3 for Main net hype. Enjoy the ride!
Pretty confident on this 48k buy mark guys
- Husky
TRXBTC How far will we retrace till we ready for wave 5 ?Today i'll share my personal trx/btc TA.
made me a good profit prev.month
now we are retracing to set up for wave 5.
I almost never play the 0,236 fib lvl so my orders are not completely filled
A red line is where i look to lock in some profits.
Green lines is where i look to buy back in.
Blue horizontal lines are support/resistances
T1 : Target 1
T2 : Target 2
sw : Subwave
Prw : Primal wave
So T1 sw3 = target 1 of subwave3
Targets for wave 5 depends on how far we retrace in wave 4.
if you guys are interested i'll update this when the subwave's appear to lock in on the end target for wave 5
Remember guys , i'm no master of charts , professor , ta god ... i'm just a (educated) stoner with some free time.
It's definitely no financial advise just the way i see things. :)
Don't forget to follow or like when i made you some money or be nice and send me a token of appreciation :D
Always keep a close eye on bitcoin when trading alt's . Btc floats all boats .
This on the side TRX main-net launch will be in a month so i don't see a wave failure happening anytime soon.
TRON is the gift that keeps on giving! Some fundamental analysisOf all the altcoins recently, tron has been not only holding it's ground but continuing to gain ground while other big coin breakouts have already dipped back down. It exceeded it's projected breakout price target from it's cup and handle pattern days ago, and has since then almost tripled that projected breakout! It seems content on continuing to rise as well. Now that we have no obvious chart patterns to give us an idea of where it will finally dip back down, and the Stoch RSI seems to suggest it still has a little wiggle room to continue upward a bit it's best to examine things going on in the world of TROn on a more fundamental level. First and foremost is their mainnet launch slated I think for May 31st. People are filling their bags with TRX in anticipation of this date and with most release dates the price tends to gradually increase as the date nears and then on the day of it seems a lot of people tend to take their profits and it dips a bit at that point. This will likely also be the case once we reach their main net release date so be prepared for that...it's very similar to the buy the rumor sell the news approach most traders have employed for many decades in other markets.
Another thing increasing the demand for TRX is the constant, ever-prevailing rumors that TRON will be partnering with Alibaba, which are now resurfacing once again in the google news feed. This too could be one of those buy the rumor/sell the news situations which, in this case the only reason you'd have to sell the news is if news came out that ALibaba had decided to partner with another crypto other than TRON. If Alibaba did partner with TRON that is one situation where you would want to buy the news because it would be huge. There are as of now, no solid evidence to point to a definite partnership between the 2, only speculation....but the connections between Justin Sun(creator of TRON), some of his fellow employees, and Jack Ma(Creator of Alibaba), are very much worth considering and can not be overlooked. This article on global coin report does a great job laying out those connections:
globalcoinreport.com
lastly, it's fundamentally important to factor in a couple other big upcoming dates for TRON which this article does nicely as well:
ethereumworldnews.com
Because of all this and the still very green priceaction, I am still for now quite bullish on TRON, but may consider shorting a fractional amount once the Stochastic RSI indicates it's going to be turning back towards the downside. Whether or not you choose to go in on TRON should be completely your own decision as this is not meant to be taken as financial advice. Best of luck and thanks for reading!
Not a Spanish BTC Flag?This is not the Spanish the Flag, but it is a flag no doubt.
The yellow indicates where the BTC price has been most active since 12th April.
The red indicates where the BTC price has been.
I'm expecting the price to drop slightly to around 7800 before breaking upward out of this flag.
*As always this is for educational purpose only, do not copy my trades or ideas.
TRON TRX ON MAJOR BULL RUN - TEST NET - COIN BURN - MAIN NET - LTron TRX is on a major Bull Run potential. I would recommend for everyone to forget about there short term targets and just stay in for long term. If you've been in the game for a long time, then do profit sells and refills along the way as you see MACD crossovers on 4H charts which is one of the best ways to track short term price corrections and retractions. With that said I guess you already figured that we personally will be staying in TRON TRX for a long time because potential for it is huge and with successful Test Net launch, current price valuation will be massively undervalued. Let me highlight 'successful' Test Net launch. That means that if something does go wrong with that release we may see price retraction in short term.
MACD still indicates ways to go, RSI indicates short term re-tracement at least to our RSI support area indicated on chart.
Members will receive more updated on this trade and when to buy or sell.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
TRX MAINNET FOMOHI guys, I wanted to analyze the TRX/BTC on binance, but on Trading View is only Bittrex (less timestory).
This is my TA on Tronix (TRX) token, I'm not in about if it's scam or worth it , just cheking the bips ^^.
On 31 May it will be the official mainnet launch, it means a migration from ETH platform to their own platform, I predict:
1. Whales will buy TRX and it will be a bullish market.
2. Then lazy buyers will buy it down the FOMO effect (whales tactics + Mainnet launch).
3. Price will be between 1000-1500 sats, a good point to sell.
ICX, WAVE 5 - mainnet launch, JAN 24thICX mainnet launch is JAN 24th, followed by their annual convention the weekend after. Speculation that ICX will be added to korean exchanges at end of month.
Currently testing the trending resistance line (the upper red line) that was created from the last leg up. Once we break this we have a very strong indicator for hitting our main TP of .0013 BTC
Fib line correlates perfectly with Elliot waves :
Fib .382 - Wave 1 (.00055 btc)
Fib .236 - Wave 2 (.00035 btc)
Fib .618 - Wave 3 (.00086 btc)
Fib .328 - Wave 4 (.00055 btc)
Fib 1.0 - Wave 5 (.00130 btc)
Target 1 - .00105 (Fib .786)
Target 2 - .0012
Target 3 - .0013 (Fib 1.0)