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Tronbtc

Tron needs volume as it pierce's a bull flagTron's wave 2 is a clear bull flag and at the moment we have only just pierced the resistance. $TRX needs a spike in volume to plow through this resistance and to move onto the next. Where will it go? If you take the length of the bull flag pole and start it of from where it pierced the bull flag this is usually a good indicator to where we go next. This is not financial advice this is just something I do for fun. Constructive criticism is always welcome
by dowdall
TRX/TRON Are you going to stay behind?TRON = It was to bring wonderful bulls day, the positive and positive, but the trend is still bass. There are marked entry and exit points and how much that would impact your capital. We can clearly see the formation of a bull flag which is a bullish figure; in short, this list now in Bithumb, Bittrex and in most major exchanges. I was informed that May 1st will launch a new and new website and red new color I am optimistic that the triangle breaks, we will follow, I will update later.
Short
by Puetas7
TRON/BTCAn analysis for TRON on request by one of my followers following main net launch on May 31st. We broke the (black) downtrend on 20th March and had a nice upward movement afterwards. Subsequently the (red) uptrend was broken and we bounced on major (blue) horizontal support which gave us a higher low and a new (blue) uptrend. Don't chase the market, know what you want to see, wait and let the market come to you. So what do I want to see before opening a trade? We have take into account these possible situations: 1) We go straight up to (red) resistance and 0.382 Fib (light green) --> no position taken (red arrows) 2) 12H candle closes under 0.236 Fib (red) and we break the (blue) trend line --> no position taken (red arrows) 3) 12H candle closes under 0.236 Fib and we retest the (blue) trend line. In that case we look for a reversal candle that indicates a bounce on the trend line and the continuation of the upward movement --> Long position taken (green arrows) with stop loss under blue trend line and 0.236/0.382/0.5 Fibs as Profit Now we do the 'fun' part, we wait.
by Grimland
4
TRX correcting, then back to business after successful Test Net!We saw a pretty classic 1-5 Elliot Wave pattern at the breakout point. Followed by a possible ABC correction. The 4 hour MacD doesn't look ready to yet for a big buy pattern, but the one hour chart is getting close to that point. I don't think we'll see the C wave extend much further, but we could see some sideways action for a bit, as lots of people are selling for profits from the big climb. After the C wave is in, we'll hopefully start another impulse. But let's see what happens in the next day or so. Some important information on Test Net launch if anyone missed it: Test Net launch was a success, and is live. Realistically, this shouldn't impact the price much, as some people expected. Although, it is a great indicator for TRX that they now have an actual product, that was delivered exactly when they said it would be. Building trust from the growing TRX team is huge, and Justin has showed that he takes deadlines very seriously. This has me even more bullish about Tron for the long-term. As the platform expands, and there are actual use cases for it, we should see steady growth.
Long
by Pburke2323