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Tronbtc

TRON [TRX] IS THE TALK OF THE TOWNAs you can see in the chart, a reversal breakout is imminent given the data shown. The current channel resistance is being tested as we speak and most indicators are showing bullish, positive signs of a recovery. In the unlikely case of a negative breakout, the bear signal will only be confirmed if the support at .00000385 is broken considerably. You can also see that I've gone ahead and marked the ABC Elliot Wave correction wave points. I only did this after I counted the impulses going up and corroborated it with EWO_LB indicator used at the bottom of the chart. TARGETS • TARGET #1: .00000617 • TARGET #2: .00000763 INDICATORS (some not shown) • RSI: 49.99 - SHOWING BULLISH MOMENTUM • VOLUME ENVELOPE: SHOWING BULLISH MOMENTUM. • STOCHASTIC FAST (14,3,1) : 40.506 • AVERAGE DIRECTIONAL INDEX (14): 23.10 • WILLIAMS PERCENT RANGE (14): -59.49 As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts. ABOUT TRON TRON is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks. WHITEPAPER: o836fhe91.qnssl.com
Long
by ZpaceBuddha
1
TRON TRX Breaking Pattern? Possible Moon 10X (LOW RISK)TRON has huge long term potential, but here we will observe short term movement. As you see on chart we have falling wedge like movement which most of the times results in bounce up! With that said it is difficult to correctly estimate how severe movement will be this time. We know that we expect massive amount of positivity from TRON and Justin Sun with 10X minimum this year in 2018. Short term, we would like to be conservative at estimate 40% price increase however we would still recommend stop losses if you're a short term trader. Trade qualifies for short term safe trade if stop losses are set at 10% Members will receive more conclusive analysis on this coin upon request. Main price movement is expected to come from new partnership announcements in Q1-Q2 Do not invest what you can't afford to lose. We are not your financial advisors, surprise!
Long
by CryptoManiac101
Tron breakout will take place in a very short time.As you can see from the chart TRX is reaching the end of the pennant and this clearly means that we'll see a breakout, if volume increase. Theoretically speaking it should break the yellow support line at 395 but there is also the opportunity to form an uptrend. If this scenario happen, if there will be a breakout of the resistance line, we'd expect a huge growth in price. If price goes down that yellow support line there will be another support at 333 sats. If it breaks too, another one is at 220. Before entering every trade wait for the breakout.
by fedeman23
TRX FINAL STAGE IN GOING BEAR TO BULL..... NEW BOTTOM OR DOUBLE?TRX EVERYTHING IS CLEARLY LISTED.... WE BROKE UNDER MAJOR SUPPORT THE 38 FIBONACCI WHICH HAS HELD WELL RELATIVELY.... THE 100 DAY MOVING AVERAGE IS DIRECTLY UNDER THE PRICE ACTION RIGHT NOW AT AROUND 380 COULD BE JUST WHAT WE NEED. HOWEVER BEST TO UNDERSTAND THE OPTIONS. DOTTED GREY LINE IS THE MIDDLE OF THE CHANNEL. WE HAVE HIT BOTTOM TWICE AND TOP TWICE.... WE SHOULD ESSENTIALLY HAVE TO COMPLETE ONE MORE JOURNEY DOWN TO THE BOTTOM CHANNEL. HOWEVER THERE ARE THINGS IN PLAY HERE... BIGGEST NUMBER TO WATCH IS THE 380 LINE IF WE HIT 379 WE DONT HAVE ANY MAJOR SUPPORT IN SIGHT
Short
by savenido
3
TRON [TRX] expands their tech as platform adoption increases!TRON has increased its technical team slowly and steadily with the new value addition being Matt Yue —the former Senior Software Engineer of Meituan and LeEco. Tron is a platform that aims to transform the Internet back to a decentralized platform by giving the power back to the public instead of centralized architecture. Though it’s token TRX has been trading in the down low like all other tokens, the platform has seen a steady increase in the number of people signup with its products. With an average daily volume of $137 million and a $236 million market cap, the current value of the token is at $0.039
BITSTAMP:BTCUSD
by ambcrypto
1
TRXBTC's massive descending triangle (4hr tf analysis)Tron (TRX) made a high of 0.00002047 on Jan 5, 2018 and has been in a downtrend since then. A massive descending triangle is drawn on the 4hr tf. Support area for TRX is marked with green lines (between 0.00000261 and 0.00000207) should TRX break to the downside of the descending triangle. A potential breakout above the descending triangle should see TRX possibly return to Target 1 (between 0.0000891 and 0.0000956) or Target 2 ( (between 0.00001247 and 0.00001312). POE= Point of entry which is just above the descending triangle at ~0.0000457 A breakout above 0.0000457 is the trigger for the long position in TRX at which point the stop loss (or POI) is placed just below the bottom of the descending triangle at 0.0000371 POI= Point of invalidation= Price closing below 0.0000371 after the trade has been entered = point of exit from the trade. Using the bottom of Target area 1 or the bottom of Target area 2 should produce a risk/reward ratio of ~5:1 and 9.5:1 respectively.
by Coin_Analyst
8
Update 4: TRON - what happens when we can't break out??Welcome to another update on TRON. This is about the only coin I publish TA on nowadays since the other coins are covered by a lot of people already and I mainly focus on Forex. Please also refer to my earlier ideas linked below. As we can see, Tron has been following the upper apex of the descending triangle since I first drew it. It functions as our main resistance and is only invalidated when Tron break out above it AND stays there (closes above it). As it looks now though Tron seems unable to move above it at all and I am curious what would happen if it can't move out of it. Will we see more sideways movement or will the support break? If the support doesn't hold we will need to evaluate how deep Tron potentially might go. This gives us good opportunity though to strengthen our position though if this happens. In my opinion there is no doubt that Tron will continue climbing again. Even with all the FUD surrounding this coin it is not as bad as people think. Just look at Ripple; hugely overvalued and now plummeting and barely recovering but NO FUD. So what does that mean for Tron? I think that it means that as I stated in earlier posts, that it is a solid coin. Not based on what the fanboys and girls write or wish for, but solely based on the fact that with all the negative news it is still doing relatively well considering the how bad the whole market is doing. Speaking of the market, it seems it is doing better so now we just have to wait till this starts projecting on the less known coins. Also if Tron goes lower, I believe that this will just bring in more investors and as said I will use this to strengthen my position. ON A FINAL NOTE: Tron might have gone down vs. Bitcoin but vs. the Dollar it is still 5 cents! This is not financial advice but a study of Tron.
by epitome
8