Tronbtc
Soon... It's very soooooon! Hello mister Elliot!Nothing to describe. Chart speaks it self.
Hope this chart will help you in your trades.
Before it hits 1$, you can short and re-buy 2 times, after 1st wave, and after 3rd wave.
Don't be afraid to see an insignificant dip before wave 1 begins.
If you want to lose, just sell it and forget about it.
Wish you good earnings! Good luck!
For tips:
BTC: 189gZ7qEP2uVqDZkyLmn9JmCCmqCnbpDVp
ETH: 0x5F1280a09EB114Df03b133fbAF592F81cc50A0e0
LTC: LguwjDn6X5wSYU7B48SSzLdf2GnCFh9qZG
TRON #TRXBTC - huge bullish flag pattern! +300%!!!TECHNICAL ANALYSIS OF TRXBTC CRYPTOCURRENCY:
The price of TRXBTC cryptocurrency after three up waves is now in corrective cycle wave 4. From a technical point of view, the shape of wave 4 resembles a flag (pennant) pattern and from the Elliott Wave point of view - a triangle pattern.
A cluster of Fibonacci levels, which is the abolition of 61% of the last growth swing, is between the ranges 0.00000796 - 0.00000888, just above the level of support at the level of 0.00000690. This support zone should withstand the pressure of supply and be the basis for further growth.
Breaking the mountain towards new peaks will be sudden, violent and fast. The first target level is 0.00002420, the second - 0.00002894 (as far as the 4th wave at the level of 0.00000690 will not be violated)
TREND AND IMPORTANT LEVELS:
Main trend: GROWTH
Intermediate trend: DROP
Daily trend: DROP / NEUTRAL (continuation of the correction and the option of breaking)
Key levels:
- for further increases - level 0.00001398
- for continuing correction - level 0.00000888 and 0.00000796
- for the continuation of decreases - the level of 0.00000690
PS: Be sure to add me to the watchers!
PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
TRON (TRX) Analysis - Bullish OutlookPlenty of hype surrounding this coin that is yet to describe a code/node/blockchain product. Justin Sun seems to want to concentrate on marketing and creating hype before delivering any real product. Price movements and trends would indicate a potentially bullish outlook for now.
Chart described:
Blue curve - early slingshot to drive pricing into the downward pointing triangle
Purple triangle - downward bullish indication as sellers lose steam, buyers enter
Elliot wave from lower point of bullish triangle.
First attempt at charting, any ideas appreciated :)
Tron will test ATH againAfter it leaves the triangle I think it will break out to test ATH. I think this is going to pair up perfectly with the rumor of the "news" Justin has been hyping on twitter. This could be a powerful move. hold the line!
This is just my opinion - please make and trade off of your own TA. I am not responsible for you losing money. (But if you make some... maybe thats another story. :) )
Get out there and make some money! $$
Tronix (TRON/TRX) Descending Wedge - Updated ChartBy request, I am publishing the updated chart for Tronix (TRON/TRX) with the appropriate trend lines and targets. I posted the chart image in the idea, but images are static, so it can be more convenient to see a better fitted chart updated in real-time.
As quoted from my update:
"I roughed out 4 resistance lines:
1. 0.00000986 BTC
2. 0.00000910 BTC
3. 0.00000805 BTC
4. 0.00000685 BTC
As you can see by the chart, we have approached these resistance lines and bounced off of them as we have approached them moving down the wedge. We are still looking fairly good - low RSI, candlesticks respecting trend lines, and moving closer to the end of the wedge.
Since we have moved down farther, I have made 2 new targets, depending on where we break out from:
1. 0.00002030 BTC
2. 0.00002200 BTC
I believe that likely we will continue to move down the wedge at this point, as traders attempt to shake holders and attempt to buy at lower prices. We are moving down the resistance lines, and soon, we will hit the last one.
The wedge is bullish, RSI is bullish, and things are moving along as they should. I doubt that most of the market cap will disappear in a sell-off - bullish movement seems like the logical next step.
That being said, always wait for confirmation, and be ready to move in either direction. Trade with care."
For now, we'll have to see whether volume picks up or not, this may very well be the calm before the storm - especially as there is a bullish pennant forming on the 15-minute chart right at the edge of the liftoff. Let's see where TRON/TRX decides to go.
If you like my analysis or I helped you in any way, feel free to send a tip - any support is greatly appreciated!
BTC: 37Y9BfaRS65fAXK3swnW8EWG9NDPeF2wrM
ETH: 0x97F20b3536dB21C07691fD46e021bCDd8e49483e
Where does TRX go from hereTron was the bell of the ball for a few days there and since the BTC and the others of the holy trinity have surged it has laid dormant. It is now at a crucial juncture of a negative trendline, a support line and the 100 day MA. where it goes from here could decide whether or not is goes bullish or remains sleeping for the time being. Im looking for it to come back up to previous resistance(around 1350 sats) and consolidate and remain bullish into the coming days.
TRON Target 4025 satosis, Reward 300% coming ABCD move Leg 3 EWYou are Mad to Sell TRON
Perfect team and tech development beyond it.
Big marketshare in DAPPS also
Great fundamental outlook
Technical Analysis on chart says this is a STRONG BUY also
Risk/Reward is skewed up to 300% profit upcoming
Measured from the first leg up AB to the new leg CD
It is also getting ready for Leg 3 of EW Elliot Waves..
Which is normally together with leg 5 the Longest move UP
TRON BE WITH YOU
Will TRX Go for the Moonshot?Tron is currently a coin filled with hype and with announcements on the 6th, 7th and 8th this one could go for the moonshot. As we can see in the chart the candles are currently resting on the MA100 trendline and seems to be going for an uptrend. Macd just crossed the line giving us the go for the buy.
The current targets are:
1385
1444
1529
1681
2044
Stoploss on 1000 sats