TRXETH .. sky is the limit?Looks like this have done 3x the original big target.
Very impressive.
Unitl March 31 we could expect a new rise.
Seems that patterns fits in their place.
-SG-
Troneth
TRX-Cup and Handle with potential upside breakoutThe first cup formed and created a small handle which also could be a small cup too. Either way a handle formed and this is trying to break to the upside.
TRX is at a .886 which is always good position to enter for a long hodl. Secondly, TRX cups failed to hit the 1 fib and higher lows are formed.
I entered today 15K units for a long hodl.
TRX - waiting for big Volume ( daily chart )TRON
Fundamental :
-New Chinese startup driven by enthusiast Justin Sun ( Forbes asia under 30 )
-Partnership with Baofeng group. Baofeng, aka Chinese @netflix, boasts more than 200 million users as a video portal giant and has achieved 8 billion CNY listing in Shenzhen stock exchange
-TRON Union Core Member Peiwo APP Won China’s National High-tech Enterprise, which is issued by Ministry of Science and Technology ,Ministry of Finance and State Administration of Taxation.
-Game dot com will make TRON puppies game English and Korea version
-and still many things like alibaba employee ,bla..bla..bla
negative :
-too early
-copy white paper ( but yeah it's chinese and they do have language barrier )
-marketcap at 7B and without any delivered product yet
-and Litecoin charlie seems....
Technical Analysis ;
watch that key level ! people gonna FOMO back in
my opinion :
nothing impossible in crypto world, Tron will survived all the FUD
i'm going to Hodl Tron for longterm position
Neutral Buy -
UPDATED TRXETH Delivering Smiles@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too short of a focus here. This recent uptrend actually started further back on 1.16.18 and now we can see this retracement falling towards both the 618 fib ret and another support/resistance level reconfirmed multiple times since 1.13.18. Without having a weathered pulse on TRXETH with how young the project is, and being newer to the crypto TA space, I'm still working on a TA algorithm for TRXETH. Any insight would be appreciated!
TRX Delivering SmilesLet's review TRX for 1.18.18... The US East Coast woke up to the completion of a 5 step elliott wave at 7:15 this morning. Within 4 hours, the Elliot ABC retracement had run its course and set us up nicely with a cypher pattern that meets all necessary criteria... ie the A leg hitting the 618 fib ret and the B leg hitting the 127 fib ext... TRX is now on it's way upward to the .0001ETH mark but it will take a few pitstops at the blue dotted resistances that coincide with previous structure, as well as fib ret and fib ext numbers. These pitstops will be at the .000087ETH, .00009ETH and finally .000094 prior to reaching it's goal of .0001, which is the end of this cypher, landing on the 786 fib ext line. We should see this into the evening hours and by the time our friends in Asia are waking up and recognizing a beautifully played out uptrend to build off of.
*This is in no way financial/investment advice. This is intended for educational purposes only.*
TronHmm A pump on the day of the dead intresting.
- We have pushed back above the 4hr moving average after hitting that last fib pretty much perfectly !
- I've invested a good amount into Tron so of course I want it to fuck the moon in the face, but Tron still has a lot of time left to Develope as a company
People that are freaking out shouldnt invest what they cant lose
Crypto's really are the wild wild west of investing, be smart people.