In the beginning of this year Tron broke up the major downtrendline☝️. Then after this👇 sucessful call... ... TRX formed Inverted Head and Shoulders 🤷 on the daily timeframe and triggered the pattern by breaking the neckline up (zoom in to see the details). Price then fell back down below the neckline and recently broke up once again. I think there is chance...
I've said on my show a hundred times... Tron will shock the market. Against USD Tron has been stellar. Bitcoin not so much. Some of you know in the last several weeks, TRX had it's breakout of it's years-long downtrend. The downtrend line is labeled yellow. This came after a fake-out back in September 2020. Elliot wave analysis: The first 5 sub-wave structure...
4h shows dump volume is drying out 12h shows falling wedge breakout imminent
Big picture View. Not much of a change just a slight adjustment to the fib retracement (purple) as a result of the last push up. Marc
That B Wave extended a little further then anticipated but not by much. We got a perfect touch on the pitch fork median line. Still expecting a pullback shortly so nothing has changed with my plan. I exited about 4 days ago and will re-enter near my target. Marc
Tron still doing its thing hanging around on the daily waiting for a bearish pullback in my opinion. Volume is low and declining and there is heavy resistance at at 0.0285. Is my count right? maybe... maybe not! but i'm out till a dip or volume picks up based on my chart. This biggest and most import thing is.... Cheerios. Marc
closed trx positions after the breakout. i missed the last one so was for sure ready for this one. re-buy in the green zone Marc
TARGET IS 780-730. PRICE CAN BREAKDOWN EVEN MORE BEACOUSE OF MAINNET LAUNCH, SO SOME GUYS CAN JUST FIX THEIR PROFITS AND SELL ON FACT. MOON IS JUST A QUESTION OF TIME!! 2500 sats coming!
TRX continue it`s correction ABC of Wave 1 in Wave 5. Must search for bullish divergence signs on MACD and RSI also increased volumes to confirm beginning of wave 3.
As predicted before, pretty much we are in correction wave 4 of wave 5 super circle. Targets stays the same as before, marked on a chart. Should be cautious when approaching price level of 1020, check for divergence on RSI and MACD, as it most probably will be the end of the last Wave 5. Follow us in telegram: t.me Crypto trading analysis, not a financial...
Tron makes this beautiful cup and handle formation. Who wants a sip?
Just having fun guessing . Would love to see what an EW plotting would look like based on these peak & valley targets. Cheers! **NOT Financial Advice**
Hi guys The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line. Overall we are on the way to target of 640....
Hey guys check out my detailed chart on where I think TRON is heading over the next day! short term target of 563 and then onwards to 640 before test net! cheers
Watch this space.. TRON has made a move upwards!!
Crunch time for Tron... looks like my alternative chart is the more likely of what is going to happen! Ascending triangle is approaching!