Tronbtc
WILL TRON MAINNET TAKE YOU TO THE MOON? Hey Everyone!
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I have had quite a few PMs asking for various charts and probably the most requests for TRXBTC pair with mainnet 31st May.
And I must say it is a great looking chart with heaps of potential!
I have 2 wave 5 targets -
regular - 0.00001119
extended - 0.00001379
And I think with the launch just 5 days away TRON should really start kicking some goals.
So for now... Safe and happy trading!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
LNE.
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
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TRX/BTC is crashing, what's next ? (#RETROSPECTIVE)Hi everyone,
Yes, the last two days are hard to believe. I know. But this happened 1 month ago, and look ! Since this similar crash, TRON (TRX) is up too 600 sats more !
So, what's next ?
In chart analysis, is very important to check what's happened in past, so let me explain to you why this next month should be awesome :
We're starting now to a new "start point". But this time, is with many events. The first one is the famous "MAINNET", the new internet, TRON will switch on his own blockchain and many coin we'll use TRON's blockchain now !
In second, there are partnerships, Justin Son (TRON's CEO) is a hard worker with many important contact !
In third, there is Bitconnect, Justin bought it few days ago (Bitconnect has more than 100 millions users !)
So, what's happened this last month :
(1) : This price range shows the same actual crash (be honest, is exactly the same one !) .
(2) : Few days later, a big pump appeared, because of news and a very good opportunity to enter in TRX (low price) .
(3) : Then, as always after a bug pump, there was a market correction. (This time, the pump should be with the mainnet launch !) .
(4) : After this, TRX start running for more than 2 weeks and the price more than 568 sats (+ 110 % !) .
(5) : Investors took profit of this run and the price went down again around 750 sats .
(6) : New great entry point, TRX was run again and went to more than 1000 sats .
(7) : We are here. The crash, the same one 1 month ago. We'll start over to a higher price, let's TRX go to the moon !
With this analysis i want just explain to you that this crash is not dramatic ! I know, Bitcoin's price doesn't look good too, but TRON has a very strong community, a great CEO and many events coming soon !
I think, the chart will follow the last month and TRX's price will reach more than 1200 - 1400 sats by end of June !
PLS : Sorry for my english, is not my mother language ;)
Share your opinions and advice about that !
Thanks guys. Anthony
Tron (TRX) Important level approaching. Right 4/4 times so far.After its run-up yesterday, Tron is currently cooling down. If it can hold the 960 to 980, it is a vital signal of strength for the altcoin. This will decide how far this mainnet launch takes us.
*Please note that this is a safer trade but if it does not go to plan, you need to react accordingly.
How to trade:
If you currently hold TRX, be aware that if we cannot hold the 960 support zone we will probably see a drop of at least 3%.
Therefore, we have a stop loss at 957
Buy in (if situation above does occur):
920 satoshi support zone
850-900 support zone (unlikely)
If we do hold the 960 support:
Buy in:
960-970 support level
Sell targets:
980-1081 satoshi range
1100 satoshi level
1260 satoshi level
1379-1400 satoshi level
Thank you for reading! Tron has been a perfect target to use TA on, and it has gone 100% to my expectations. Please leave any criticisms in the box below.
If you are interested, you can check out my previous 4 Tron charts, where I called the top and bottoms 4 times accurately.
TRX/BTC Movement OpinionsThe fall of Bitcoin price approximately killed the TRX trendline. According to the earlier expectation about a rise of TRX , the TRX coins that were initially taken from 750-800 were reciprocally sold at the price 1000. I still think TRX value is going to reach a support line at the value range of 800-820 and the price of BTC will rise due to those circumstances. I want to emphasize that the ones that make decisions in this market are the "whales". Become aggressive and do not panic and do not hodl. In the conditions BTC is found for the moment, hodl is a suicide. In the cases of uncertainty, hodl is similar to gamble and usually creates uncomfortable situations.
Tron (TRX) If we cannot bounce from current support, drop comingTron has seen a 12% drop from its highs due to the price movement of bitcoin, where it got rejected from an important price level. Currently we are hovering at 875 support and 0.786 fib line and have seen a bearish divergence, meaning this is likely the temporary bottom. We need to see a bounce from support or I will be extremely bearish on Tron. The bounce must occur before the 29th.
How to trade:
*Stop Loss:
850 satoshis
Buy in:
880 upon bounce confirmation. Basically if we get a couple green candles and high volume.
Sell targets:
960-1081 satoshi range (recommended target)
1100-1180 satoshi level
1260 satoshi level
1379-1400 satoshi level
Thanks for reading! I will update you as time goes on. I have made a bad move and bought back my position at 923 and sold at 898, as I didn't expect this level of downside. Currently deciding if this trade is for me, since as proven by the test-net, a 30% dump may be looming in the horizon.
Please leave any concerns and your view on TRON in the comments.
Watched Lebron and when I checked TRON I WAS REKTSHOULDNT HAPPEN WITH STOP LOSSES AND ALERTS. ROOKIE MISTAKE. PISSED...…. All this is is wave 4 we dropped right into golden pocket..... im still in and we will have a nice wave 5 coming for test net..... Stop lost under .65 retrace come back in .786 retrace stop loss .85
TRX/BTC Short Term PredictionAs TRX is going to conquer Ethereum on 15 June by starting to use its own blockchain system Mainnet, Bitcoin is expected to fall. In case this scenario is not realized, Bitcoin price is going to arise. The support lines are shown on the graph (from the lowest parts toward the upper parts) drawn by Fibbonaci . It is going to come out from those support lines and is going to rise up.
TRX I NEXT MOVETrx created handcup in chart 4h
If Tron break out hand cup. We can see Tron go up countinue.
Tron can create new target higher old target in the past.
But we should follow in this time
If Tron crash down black liner . It can go down to next support.
Follow him and take profit
Good luck Everyone
Thanks
What Will Happen After TRON Main Net Launches?Hey, I am back wtih another Technical Analysis on TRON .
Okay, so TRON has main net launch on 31/05/2018 which is in five days.
What will happen after this launch?
There is a lot of great Fundamentals news about TRON, for example buying BitTorrent as it was in their whitepaper , Apple adding TRX pricing to its stocks, Vsport partnership and many more..
Lets just dive right into the chart.
All time Downtrend line, Steep untrend line and overall uptrend line.
There were 2 Pennants, 1 ascending and one ascending that we are currently in. I havent drawn them because it would look confusing, maybe in update I will draw them. Support levels, bounce zone 890.
Looking at Indicators.
RSI flying in Bullish levels, MACD seems pretty bullish too, EMA with bullish divergence.
There is one BUT.
As every alt follows Bitcoin, and currently I am still bearish on Bitcoin, the touch and bounce off this steep uptrend line seems likely, t he Steep uptrend line present the best price to get in.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with TRON somehow clearer.
If you like this Technical Analysis let me know in the comments, likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update .
Tron (TRX) If we can hold the current level, good time to buy.This is a high risk trade and extremely reliant on the price of Bitcoin, but Tron has currently bounced from its support level of 870. I believe with the mainnet launch coming up in 8 days, we will have many buyers waiting on the sidelines to get in.
How to trade:
If the current 4 hour candle and the next 4 hour candle is green, there is a good chance for a reversal, especially if bitcoin can hold its current price.
Buy in:
899 level
Sell targets:
980-1081 satoshi range
1200 satoshi level
1400 satoshi level
Stop loss (Highly recommended)
My recommendation would be 870, but watching the charts yourself would be most ideal.
This is a pretty risky trade even for me. The stop loss is highly recommended if you do not have the time to watch the charts for the next 24 hours.
Thanks for reading! Please leave your criticisms in the comments. I'd like to hear your thoughts.
Cup and Handle Formation Is Formed on TRXBTC - Expect BreakoutCup and Handle Formation Is Formed on TRXBTC. I expect a long term bull trend. Also keep in mind that Tron will activate Mainnet on 31st of May which will affect the price positively.
Here is my trading idea:
Long at: 932
Take profit: 1240
Stop loss: 800
#TRX Short term should go down :)We are at the top of the triangle and i therfore expect trx to take a small retrace frome here. Its for me all about the risk, so i like to trade safe :) Do what you want, but i see some good possibility of accumulation here!
My charts tells what i belive!
-My mission is to help as many as possible to take better choises with their money and trades. Gladly join the (new) Discord Community CryptoNo Vikings \ news, charts and basic TA ( More to come ) for those who wish to learn that, you are welcome. :) discord.gg
Maybe Tron not going to moonshot BUTI believe we fly on BTC at 7200...… so Im thinking that the mainnet launch might be correlated with Bitcoins finished correction. Whoever is on the tron team that understands the market has times things well before.... All XVG holders probably going to switch into Tron after Hack.... Daily Macd makes me want to just stay in but I will see how we react to 1070 range