TRON - ROCKET READY?Let me know your thoughts!
TRON was one of the best-performing coins of 2017 and has since dropped a considerable amount since then -
Currently, TRX has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If TRX can break above a strong resistance zone between $0.033 and $0.040 we could potentially see quite a large increase.
short term target
$0.055
long term target
$0.10
stop-loss
$0.027
''Buy Big Sell BIGGER'' - MegaWhale
Tronix
Chart Pattern Inconsistencies TRXWithin TRX we can see a bearish rising wedge with an angle of 8 degrees within a falling wedge
also we can see a bullish rising wedge with a less sharp angle
Is this second rising wedge acting as a flag pole for the apparent flag that has formed above the falling wedge?
We will see.
Apart from this, talking about Tron, I see some potential as I was once a hodler, so I must of seen something pure about the coin in my past. Potential Ethereum competitor imo.
Tron to see strong volume!If I have learned one thing in all these years I am trading, it's that when a coin is behaving with a long lasting sideways moves which are very tight, it's a strong indication of a strong move.
Same as when there is low volume for some time it's only a matter of time when the volume comes in, trick is to determine if volume is going to be buying or selling one.
From the daily chart we can see that Tron is in a ascending triangle and it's reaching the edge of this triangle and it's a matter a week until this coin pops higher.
First target is 0.0305 (10%)
Second target is 0.0357 (30%)
Good luck with this trade!
Tibor
tron volume gap to 2 digitstron looking like it could juts neck further from where it currently is.
monthly price fell hard rejection from that last pump as whales off loaded onto buyers.
price has since fallen below resistance and POC
if it cannot reclaim support on this monthly OB and POC then there is an empty volume gap all the way down to when it was first traded
note: usually posts like this signal the bottom is in ;-)
$SUN possible scenario if manages to hold above 20$Short term bullish scenario of $SUN if manages to hold above 20$ area
Tron is Breaking out from resistance area!Yesterday I have a made a bigger time frame analysis on Tron.
Today, the price is breaking the resistance area, strongly countering the BTC.
TP1 is $0.036 (10% from current price)
RSI is very bullish, so is MACD.
EMA's will give a buy signal after a 3 and half day.
All looks good!
Tibor
Tron is Breaking out from a Flag!So just another quick analysis, this time looking at TRX.
I am not really a fan of TRX token, but you may know that TRX was the only coin that was breaking out while Bitcoin was sharply falling down.
Using that fact with psychology and considering the price is in a bull flag, I expect TRX to perform a 14% move from current price easily.
I was buying some at the price of $0.031 and sharing it with my free group
That's it from this idea, straight to the point.
Tibor
TRXUSD preparing for next BULL trend, breakout imminent.Cryptocurrency Practice #3
TRON has multiple levels of take profits depending on how bullish you are on the coin. Good strong hold for long term as well.
Confluences:
1. ATR at lows.
2. Confluences with eventual BTCUSD rise.
3. It is looking to break from YEARLY CAM R3 and pivot point. Showing lots of bullish momentum.
4. Possible double bottom formation on multiple time frames.
5. Volume slowly rising as news is getting better for the coin.
Leave a like if this helped you! Helps me understand if my TA's are teaching others.
TRX - Looks interesting againFinally pumped out of its channel, but the sudden BTC growth messed all plans. Good place for bids in 230-210 area.
I think after BTC stops, it will rise again after.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
TRXBTC - Doesn't look interestingLooked with one eye at TRX and found nothing interesting. Sitting on the support, low volumes, didn't react strongly to recent sudden BTC movements.
So, won't touch it yet. It will start look good for me if we get a weekly close above the previous one.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
TRX - Walks around resistanceTRXUSD is trying to overcome $0.016 resistance, quite a strong level as you can see on the chart.
Although I'd like to mention it's not completely right to review TRXUSDT instead of TRXBTC when bitcoin that bullish.
But anyway, IF we'll break through it, I plan to long a retest (like in previous time), targeting 0.0185 BTC. Observing ETHUSD and its rapid growth in the last couple of days I think TRX has a decent chance to repeat the same.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
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This is Krew Montice - The Leading Trade Signals Specialist in Bitcoin Trading. Let's Stack those SATOSHI! For today's forecast, we have a incredible bullish rejection off Tron's Supportive Trendline @ 150 satoshi, which confirmed bullish today as Tron released it's union between it's latest partner, SAMSUNG, which results in the capability for Samsung users to now gamble from their wireless devices anywhere, anytime, in the world... So long as they have a signal... ;-)
From Kenny, you can see what POPCORN bottoms, indicating "trimmer" like behaviors as the ground beneath sought to unleash a mighty buy signal.
This particular signal that confirmed is a Bullish J reversal hook, that has initatied a LARGE bullish candle above the level of resistance. I am looking for continuation, therefore we'll be watching for indications that will provide more information over the next few days.
TRON potentially clawing itself up off the ground???After being down in the dirt for so long TRXBTC may be showing bullish signs for a potential reversal!
Slowly but surely TRX has been building an upwards channel which is now looking like it is turning into a higher TF ascending triangle pattern.
IDEAL bull entries would be break of triangle before re-testing to confirm support at 200SAT level. If strong support is shown will be looking
at candlestick formations to enter off bullish engulfing candles on 4HR TF.
Short term play is also possible if Darvis box is formed for internal trend trading.
TP's once triangle is broken, we would be looking at previous structure, TP's at 215, 226, 235 with final TP at 260 for full retracement.
If full retracement occurs, cup & handle formation may be a possibility for longer term bullish play.
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TRXUSD: Climbing higherTRXUSD looks pretty decent.
Flip S / R and now preparing to assault 0.016 BTC resistance zone.
I'm long here using a wide stop ('coz I'm always caution with alts and their dreadful swings), R:R ratio is 1:2, not bad.
At resistance, shorts looks more rewardable, invalidation - close above $3 at 4h / 1d timeframe.
Information is just for educational purposes, never financial advice. Always do your own research.