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Tronbtc

Tron TRX Tronix Update 4/17 - Power to the Player!Hello again! So just to start, I want to go ahead and put out there that I am extremely bullish on Tron through the end of the year. I try not to let this fact get too far in the way of relevant TA. So, getting right to it we see that Tron had a great impulse wave 1 a couple of days ago. We are currently in consolidation of Wave 2 on the 4 hour chart. As you can see, it played around the golden ratio for a little while and then decided to drop to the .786 retracement level. Because of this, I expect only a moderate impulse Wave 3 to around the 1:1 extension ratio (W3T1). I have also included the 1.618 extension target (W3T2) in case this bounce has more bull power than I am expecting. Because Wave 2 retraced all the way to .782, we can assume Wave 4 will have a shorter consolidation at the .382 or .5 retracement level once Wave 3 has finished. Wave 4 will encroach wave 1 barely, if at all. If this happens, Wave 5 has BIG potential. IF Wave 3 hits 1:1 extension, we assume Wave 5 at 1.618 extension. IF Wave 3 hits 1.618 extension, we can assume 2.618 extension for Wave 5! This would be huge. If wave 4 continues downward, encroachment into the Wave 1 candle will constitute a failed Wave 5 and we can expect retracement to .618 levels of Wave 1-3. The other factor to consider is the turnaround in bitcoin. With more bullish sentiment in the crypto market in general, we can expect to see more volatility and impulse than in the last couple of months. From a fundamental point of view, we have the Main-net release on May 31st. The coin has been churning along at the top of Github edits for quite a while. Justin Sun continues to put out the effort and marketing to make this truly a successful alternative to the internet as we know it. Any helpful tips you can provide for better TA are very much appreciated!
Long
by alexghs07
2
TRX Target 792 for me short termHello again. Trx has now come through most of my goals from my target 600 to 792 where I expect a bullback. Although this happened slightly faster than I expected, I still follow my chart. Here's an update of my chart: Rsi is now oversold in 4 hours chart when we pass 82 on the rsi bar, previously we have seen trx like to take a bullback around this level, but as we now seem to be in a bullish market, I think we can go something higher, possibly up to 90 as we have seen it go earlier in December\January. We have also gone through 38.20 fiblevel from the big pump in mid January. I now expect this to work as support @ 731sat. We have also gone out of the forkpitch chanel so I expect that 0.00 fiblevel works as support same with 38.20 fiblevel Again do not take your choices based on my chart, as I'm still a beginner and even still learning myself :) Happy trading :)
Long
by Porshy
TRON: LESS THAN 24 HOURS = 16.40% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 23nd of April 2018. Using this buy in point and selling at today's price, you would have expected to net 16.40% PROFIT!!! IN LESS THAN 24 HOURS!!! The increase in price may also be explained by positive developments including: 14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developer 21 April: Bit-Z will support TRON main net migration 21 April: TRON airdrops 30M TRX to Ethereum holders. 22nd April: TRON is the second most active developed cryptocurrency on Github. 24 April: TRON launches TRONSR forum. 24 April: TRON will be listed on Coinbene. 24 April: TRON starts trading on Bittrex. It is also noted that The Tron Main Net is poised to be launched on 31st May 2018 with TRON will be migrating from ERC20 token to TRX starting from 21st June 2018. Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
by CryptoTradeSignals