LONG TRON TRX - POWER TO THE PLAYER. .0001 BTC very possible.Do-OVERS. As a constant perfectionist I found two errors in my last posting of this same anlysis. I couldn't handle it. MY OCD WAS OVERTAKING ME.
Here it is again tho :).
Hello fellow cryptolovers, I want to share what I think will happen with TRX/BTC -7.07% in the next 6 months or so. I believe very strongly in this project, I think it has potential to reshape the internet, it has a GREAT group of developers from well known companies like Alibaba, and it's currently at a balling. Ass. Price. Why are you not buying more? Honestly. Ask yourself this question. If you're talking to joe-schmo and he calls this coin a shitcoin, laugh in his face and think about rolling in the pools of money you are soon to make, very Cartman-esque.
Anyway.
As far as the actual analysis, I believe this coin can hit .0001BTC if my targets are correct. Nothing is guaranteed, I don't claim to be able to see the future. However, based on a little Elliott TA we can see that these targets are not out of the realm of possibility. Not only this, but BINANCE:TRXBTC -7.07% has two notable events in the near future:
1) Test-net (beta-net) launch on March 31st. This should affect the price significantly upward over time.
2) Main-net launch which has been pushed up to May 31st due to advances in the project.
I strongly believe this is an opportunity that does not come very often. As always, DO YOUR OWN RESEARCH. If you like the coin, it has a positive outlook, and can be a benefit to people in the future, make a logical decision and go with it. If you lose money because you FOMO or whatever, I can't help you.
The only thing that slightly worries me is if we do NOT see a reset on the MACD and the StochRSI to cool off a little. This could really diminish the veracity of the upward movement and may result in only the target 1's being hit.
See the Sun ladies and gentlemen and anyone in between.
Please let me know what you think of this analysis and what I can do to improve.
Thanks!!
Tronix
TRON TRX - POWER TO THE PLAYER. .00001BTC very possible. Hello fellow cryptolovers, I want to share what I think will happen with TRX/BTC in the next 6 months or so. I believe very strongly in this project, I think it has potential to reshape the internet, it has a GREAT group of developers from well known companies like Alibaba, and it's currently at a balling. Ass. Price. Why are you not buying more? Honestly. Ask yourself this question. If you're talking to joe-schmo and he calls this coin a shitcoin, laugh in his face and think about rolling in the pools of money you are soon to make, very Cartman-esque.
Anyway.
As far as the actual analysis, I believe this coin can hit .00001BTC if my targets are correct. Nothing is guaranteed, I don't claim to be able to see the future. However, based on a little Elliott TA we can see that these targets are not out of the realm of possibility. Not only this, but BINANCE:TRXBTC has two notable events in the near future:
1) Test-net (beta-net) launch on March 31st. This should affect the price significantly upward over time.
2) Main-net launch which has been pushed up to May 31st due to advances in the project.
I strongly believe this is an opportunity that does not come very often. As always, DO YOUR OWN RESEARCH. If you like the coin, it has a positive outlook, and can be a benefit to people in the future, make a logical decision and go with it. If you lose money because you FOMO or whatever, I can't help you.
The only thing that slightly worries me is if we do NOT see a reset on the MACD and the StochRSI to cool off a little. This could really diminish the veracity of the upward movement and may result in only the target 1's being hit.
See the Sun ladies and gentlemen and anyone in between.
Please let me know what you think of this analysis and what I can do to improve.
Thanks!!
Tronix | Is it Good Time to Buy??Directly jumping to TA.
Recent High price move was because of March 31st testnet launch.
TA is coming under heavy pressure because of BTC selling.
We all know BTC is able to govern the trend for all coin. So if BTC falls, will TRX will rise?
I doubt it. At most u can see a spike in Buy, only if BTC shows Green. i.e.. 30 to 40% increase in price and hard 4 to 5 percent decrease in price. So, Yeah it is good time to buy TRX now, but make sure u sell it on or before March 31st . Because if BTC is in RED, then people will exit TRX very fast.
Anyone who is buying now, is because of price increase anticipation (due to test net launch).
PS: All the opinions are mine and mine only, i am no way trying to influence your trading decision.
Its your money, you have to decide what u do with it.
If you like or agree the idea, dont forget to hit like and follow.
If you have comments or feedback or questions, please feel free to post in comment section.
Thanks
Krypto Times
TRX having a nice week, possible large wave 3 for Test Net?TRX did what was expected after the LONG consolidation, and experienced a decent breakout right near the apex of the triangle. Since that time, we've seen a fairly normal looking five point elliot wave pattern forming. If waves 1-3 are correct, we could see a very mild 4th wave, followed by another uptrend for wave 5.
I also think there's a possibility that on a larger scale, the current 1-3 waves listed have a chance of actually just being a larger wave 1. This would correlate well with starting wave 3 just as Test Net is launched on the 31st, which could see some price action upward. It's hard to say at this point, and my general feeling is that Test Net won't have much of an impact, but reaching the 897 mark after a larger wave 3 shouldn't be out of the picture.
Let's see what happens in the near future!
TRX - BTC another example of Altseason coming soon. TRX made whole cycle and went through accumulation period. Broke out of a big triangle and started to form a cup. First break out after accumulation usually followed by break out, where we are now. Little pennant on 15 Min chart is visible and waiting for break out also soon. There are few significant news and events are coming for Tronix at 31st March
- Coin Burn
- First Beta Launch
- Testnet launch
Enjoy and stay safe. Will keep updating.
Alternative TRON chart - Target 650 still appliesHi guys
This is an alternative scenario that could be playing out on the TRON chart. This coin might not retrace as expected due to the fact not many people will be selling until the release of the "test net" on 31st March.
Please have a look at both charts and decide for yourself.
Either way we still hit my target of 650
Thanks
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
#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!
TRX wave 5 targettricky one to predict with this erratic movement and the imminent appearance of 'testnet' (which is only a 'test' net but you hey-ho, whatever appeals to the masses i suppose).
im thinking that fib lines say 650 should be the top but also there is a debate as to whether wave 3 was or wasn't 1.62 of wave 1, reason i feel there is a debate is because if you count the wicks or not you get different outputs (obviously) however one set of results shows it is greater then 1.62, others show it wast... meaning the final push could be either 667 sat or 695 sat.
either way anything between 650 and 695 is to be watched closely, knowing the Tronics it could oversell and we might even branch into the 700 sats but be wary of a big drop following, treat this as the test pump before testnet hehe :)
note: see the bounce at under 500 sat for this wave 4 correction.
Tyrannosaurus-ReX revived from Extinction since apocalypse! TRX have been revived from month long downtrend.
All indicators are greenlit. Dinosaurs are back. Uptrend now official!
- MACD crossed for the next wave. This also validates that the uptrend is really intact and safe to enter at any price it will be in.
- MAs 20, 50 and 100 are broken. Price is currently trading above these Moving Averages. And a bonus of Alignment of Stars! My favorite.
- Another note, last week of March is a very big week for TRON, a lot of important dates lies within the last week of March. We might see ATH(3200-3600 sats), that is if overall market sentiment will allow.
This is basing on 2H chart. I will mostly base it on 2H. It worked for me in 3 years of trading cryptos and stocks.
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
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
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.
TRXETH broke downtrend?Is this a valid trend?
Was it broked?
Im just learning... all your comments will be apreciated (in educational terms of course :D )
-CJ-
TRX to 0.085?! UPDATEUpdate of
Where i was wrong in the target of all most everything by a little.
Any way, it seems to be working... MACD wants to rise? and support is present.
Target of little H&S reached, and same for little butterfly and huge butterfly.
If everything goes well and emotional panic sellers stop their behaviour... this is the bottom and the sky is the limit (0.085 usd for now lol)
Please feel free for comment. I will be apreaciated.
Cheers.
-CJ-
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!