My thoughts on TRON breakoutTron is not only doing great the past two days, but it's performing just as expected.. Which makes these breakouts feel even better. :-)
Here's my initial chart I made for TRX and as you can see it has followed the chart perfectly.
I would like to be able to say I could see us reaching all time highs before the months end but I don't think that will be the case... at least not that soon. My opinion on that doesn't really have anything to do with Tron directly I just don't think the entire market is strong enough to have that happen. Let me know how high you think we're going, or if we've reached the top.
Seems like we're starting to bounce back from the horrible pit of doom bear market we've been put through the last few months but we still have a long way to go... The Entire Cryptocurrency marketcap is still not even have of what where we were before the dip.
I'd say this is a good buy now if you keep a tight stop-loss but really you should have started taking positions 300-400 satoshi range.
Good luck & let's boogie
Tronbtc
#TRX #TRON - Retrace to below 500 sats and upwards to 640Wave 2 only retraced to 32% meaning wave 4 will retrace more than this. I am looking at 50/61% meaning TRON could drop below 500 sats before its push up for wave 5
I have wave 5 set around then 640 mark and if you want to be very bullish then it could go as high as 690 just like wave 3 did smashing my target of 540 by hitting 600+.
Let me know what you guys think
Thanks!
TRON - DESTINED TO MOON.!2 Hour chart:
Daily Chart:
TRON already broke out from it's falling wedge pattern and is now increasing. The new uptrend has been marked with dotted Orange line.
Let's see some key points:
Daily MACD histogram tells us that the market is going to move upward.
Volume Oscillator is indicating an increase in Volume which is supporting the MACD's Bulish signal.
RSI confirms price reversal.
Moving Average(45 days) is showing strong trend reversal from downtrend.
Moving Average(60 days) is showing strong trend reversal from downtrend.
It is a good time to get in some TRON or increase your current positions.
Also, TRON is releasing it's TEST NET on 31 March . A lot of hype already. So, expect some significant increase in price.
P.S: This is not an investment advice. This is for educational purpose only. Invest at your own risk.
Good luck trading.!
Peace.
Tron (TRX) on Binance To Moon on Test Net Confirmation? (L)This is a low risk trade if you can hold.
On confirmation of Test Net launch on March 31, price shot up. We do expect short term price retraction due to oversold RSI, however overall appearance is very nice for Tron. We have been telling everyone to get on TRON for a while now because we believe in 2018 to be a very positive year.
We will be making more charts with updates on this - make sure you're following us.
Do not invest what you can't afford to lose.
TRX/BTC - 3/22/2018Good Morning, Traders!
Tron recently began testing its EMA(200) once again since March. The last attempt of this breakout resulted in a double top pattern which resulted in the price completely retracing, negating all of the progress it previously made. I'm expecting the opposite this time around. Along with breaching the EMA(200) the chart has formed a bullish flag. The price has tested the top of the flag at least four times and tested the bottom twice, meaning the price is attempting to break bullish rather than bearish. In this case, the best buying price would be the next time the price is near the bottom of the flag, indicated by the rectangle.
That doesn't cancel out the fact that the price is still able to push in the bearish direction for the time being. Looking at the recent candlesticks, we see a dragonfly doji candlestick before what could also be considered a bearish engulfing. Both of these would signify bearish runs soon, but at a smaller scale and could still just mean that the price is expecting to reach the bottom of the flag faster. Although, it could also be the reason that the price breaks out bearish.
Important Resistance Levels: 464, 436
Important Support Levels: 406, 389
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Senior Research Analyst
The 5th Elliott wave on the hourly chart of TRXAfter reaching the level of 0.00000314 the price has started a new bullish trend while crossing the FAST MA (EMA15), SLOW MA (EMA35) and HEAVY MA (EMA100). Also, the EMA15 is currently above EMA35.
Current bullish movement can be described with Elliott waves cycle, as the price has finined the 5th wave. 3 Elliott Wave reached the price of 0.00000458, after which a divergence was formed on the AO indicator of the 4th correctional wave, which reached 50% Fibo. The outcome of this can be stated about the end of the correctional wave and the transition to the 5th. The target zone for the fifth wave will be the level of 0.00000477 - 0.00000495
TRXBTC Bittrex 4H up to 22MAR18 Trading Analysis (TA)TRXBTC Bittrex 4H up to 22MAR18
4H Chart, also works in 1H, at this time the TRON (TRX) is on its way to test the SUPPORT ZONE 2 to then move up to retest the RESISTANCE ZONE 2, keep in mind that these movements most of the time reflect the BTC movements. The RSI and MACD even though are pointing down at the time of this TA, they can reverse in any time if the Volume grows and then start a new up trend. Good Luck!
4H Chart, también funciona en 1H, en este momento el TRON (TRX) está en camino de probar la ZONA DE APOYO 2 para luego subir para volver a probar la ZONA DE RESISTENCIA 2, tenga en cuenta que estos movimientos la mayoría del tiempo reflejan los movimientos del BTC. El RSI y el MACD, aunque apuntan hacia abajo en el momento de este TA, pueden revertir en cualquier momento si el Volumen crece y comenzar una nueva tendencia ascendente. Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Symetrical Traingle TRX....continuation or no?Symetrical triangle forming off last nights pump, being a symetrical triangle could go either way but if the creeks dont rise its probably a continuation barring BTC peeing in the bed. smart money says never take your eye off bitcoin. although interestingly enough TRX and BTC switched roles lastnight during the pump, TRX led the way and BTC followed which was interesting. Still too early to determine which way this thing is gonna go but im gonna try to get a swing in around the 360 sat level if thing still look promising when it touches the lower support. I'm thinking 5% swing at the least and if it threatens to break up we ride it out, if its not strong at the top sell and buy the bottom of the triangle, if its not strong at the bottom forget about it and walk away with 5%.
As allways
***NOT FINANCIAL ADVICE***DONT RISK WHAT YOU CANT AFFORD TO LOSE***THIS IS CRYPTO ANYTHING CAN HAPPEN***DONT EVER FOLLOW BLINDLY, NOT EVEN SATOSHI HIM/HERSELF***DO YOUR OWN RESEARCH***
Not a very good week for TRX.The RSI is showing a massively overbought state due to the fakeout in BTCUSD 0.75% .
I believe we are only a week away if that from TRX 2.94% true, final bottom. My belief is that these projections will happen much faster than they show in the chart. This is Crypto, afterall.
First target buy zone is around 325.
Second is at 309.
The final bottom for TRX 2.94% should be somewhere around 300 sats 0.31% . We should stay in the trading channel between 300 and 350.
Ladder in, ladder out.
As always,
Haters gonna hate until they see Crypto's fate.
It may not happen on this date so don't trade the bait. Do your own research. Good luck and happy trading
#TRX #TRON Target of 0.00000400 followed by 0.00000433Hey guys! So TRON broke out of the triangle and this signals an uptrend! I have set targets of 0.00000400 for WAVE 3 and onwards to 0.00000433 for WAVE 5 after a retrace.
Let me know what you guys think and give us a follow/thumbs up if you agree :)
TRON Falling Wedge Perfect in time for testnet launchSignals:
Tron perfect falling wedge.
Very close to test-net release which can help it break up, not down. This will likely increase volume and push BTC level higher.
RSI oversold
What to do:
Sell positions before or during mainnet pump. Look at 38.2 and 61.9
Does buy the rumor, sell the news apply here?
Sleeping Monster!Hi Peeps,
Tron is having a hard time here and other then the fundamental news supposedly to come it doesn't have anything else supporting it.
Many people asking what is a good price to buy before the news comes out, I don't know the dates of the news maybe you can tell me. However this coin is trending down, we need to appreciate that and currently the next major support is down is .00000358
You will see the 50ema and the 20ema travelling over the top of the price, we have no signals here for an upward move.
In the past we have bounced off higher levels the .00000358 but keep in mind the overall market is getting weaker by the day not stronger. We have no volume or momentum for a break.
Here I would grab a seat on the sidelines and let TRX find its bottom, when this happens I will update you and we can trade this coin. I like it I agree it has massive potential but at the moment stick to other alts that are making us cash.
We currently have a very good success rate on the alts making around 20% per day this is from trading the right set ups and here all I can see is a short.
I have overlaid the fib so you can see we are floating in between the .786 and the bottom but we can go down to .00000358 and this is what the chart says.
Cash Is King! Come join us and make some cash on alts trending in our favour and let this monster sleep. When it wakes up I will be the first to tell you.
Tron short/mid-term projections | 200%+ ROI potentialAn update to my previous idea. Chart is pretty self explanatory. I am using 22% of my BTC to gain a laddering position in Tron starting at 380 and ending at 350. I am not personally using a stop-loss as I am bullish on TRON. Short term I expect a 10-35% increase within the next two weeks. Mid-term I see Tron going up well over 800 sats. Long term I see 5k sats or more.
Still learning how to utilize the tools properly, so my chart may be difficult to understand.
Short term targets:
400
471
505
600
DYOR, this is not financial advice, just an idea from an amateur. I am trying to help spread truth in this market by analyzing what I SEE.
Good luck and happy trading!
TRON TRX on Binance - Positive unless Breaks 1,000% PotentialThis is a Medium Risk trade because we still have potential of breaking out long term support in that ember line.
HUGE EVENTS ON MARCH 31 - MAY 31 WHICH SHOULD MOVE PRICE
Since this is not Ripple XRP which falls on good news, we can expect somewhat of a good price increase here unless that support breaks.
We have Test Net releasing on March 31, followed by Main Net release on May 31 - June 31 since it was sped up by Justin Sun.
Coin burn of Tron is also expected to increase value because supply = demand (If you haven't taken economics 101, just look at Bitcoin as an example)
If you follow me, then I'll keep you updated! Members will also get more detailed updates!
Don't invest what you can't afford to lose. We are not your financial advisors.
TRX/BTC advance main net launching and good buy orders coming...2hour timeframe for TRONIX, giving a good move after the series of three black soldier. Looking at the RSI, and a possible cross will happen if continuously to give a decent trend. As the announcement of thier CEO (Justin Sun) for the advance launching of thier main net on March 31st. So Thier maybe a good possible outcome and make the volume closer high.
Maybe I can buy at the recent price 0.00000414sat and exit at 0.00000440 for short term trade. Tentatively, I can also hold tronix before the main net will be published.
Disclaimer; Please be reminded that ALL information provided above is all tentatively and no assurance. NOT an Investment advise and only intended for educational purposes. DO YOUR OWN RESEARCH...
TRX - Breakout possible, if conditions are favorable.If you check my previous post, the pattern is holding true. This is a slightly downward facing triangle, that currently is squeezing out the last of the sellers before another breakout point. I think this coming breakout point will be more significant, as BTC is stabilizing above 11.5k. Watch the 4 hour charts to see this squeeze a little further until the apex point. The breakout is very likely as it hits the apex, but how the breakout looks will remain to be seen. So far, we've seen a breakout, and then an even smaller right triangle each time, but one of these could give to a new ATH if the volume if 1) the volume is significant enough, and 2) BTC has stabilized. BTC is the driver right now, and if it remains in it's current up-trend, we can expect the alts to continue to suffer until people decide to pull from BTC and invest in the alts. Either way, things still look good for TRX, and we'll just have to wait a bit longer for a meaningful breakout.