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Tronix

TRON SET TO SOAR TO NEW ATH'sCall me crazy but I like trading fractals. I believe Tron is poised for a major run to new ATH. We are making a nerve-wrecking third higher low trying to claw our way out of this grizzly bear market. On this weekly chart we see the 4 candles which brought us to our cyclical low and subsequent bounce in Nov-Dec '18 looking awfully similar to what has been going on over the last 3 weeks. The nice part about this is the fact that we are still respecting the ever-so-slight uptrend started at the end of last year. The RSI also looks very similar, making what will inevitably (if I am right) be a "W" shape. The sentiment zone oscillator is looking ready for a move as well. I believe within the next two weeks we will see a test of the downwards trending ceiling at about 2.5 cents. If that ceiling is taken out, we are off to the races. If we fail to break it over the course of a couple weeks we will test back down trying to respect the uptrend and continuing to wedge in between the white lines. Given where I think this market currently is, I believe we are in for a big move and I am biased to the upside. Let me know what you think, even if you are one of the Trading View slime-balls who lurk in the shadows talking trash and trying to leach ideas while having none of your own. * I am trying to gain a following to spread some ideas. A follow, like, and comment would be very much appreciated G*D BLESS
BINANCE:TRXUSDLong
by ceesounds
6
Say no to centrally-monetized entertaiment with Tron.Tron, with actual rank #11 at CMC, is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. Tronix can be used by content consumers to pay for the content they want to access. These coins would then go to the content producers’ accounts, where they can be exchanged to other cryptocurrencies, or can be used to pay for blockchain services. With many developers from the Jack Ma-led Alibaba group joining Tron's development team in late 2017, there are rumors that a partnership between Tron and Alibaba may be in the works. It will be interesting to see how Tron evolves to meet these expectations. It's the late Saturday here and I decided to bring you something more at daily chart . In a recent price action history, through the majority of lowcap altcoins, I spotted some signs of reversal evidence / not only in Tronix/ . These are the most important of them, to me : - Doubble botttom is strong reversal bullish pattern. - One, of the best social marketing by CEO Justin Sun. - Downtrend along 2 years , while 2 death crossses and 1 gold cross occured with the same downtarget percentage /=now mean turn for the golden, logically / -Daily and Weekly morning Doji / while Monthly forming / - Q4 EOY hype and potential FOMO + a beggining of alt seasson in December 2019. Threats: - Higher cap altcoins like Tron, Ripple and Cardano, like to do quick,huge spikes, which often further led to strong price refuses . - Bitcoin has space to plummet even more in Q4, before the preHalving hype starts. - It looks like very early stage to proclaim that Tron bottomed / still weak daily volumes below average, not above daily 50 ,etc.. / - Tron do not really print a SOLID higher high yet. *This is not a financial or investment advice. Never trade/invest, by my personal ideas.
BINANCE:TRXUSDLong
by Emvo
TRXZ19 TRON bullish breakout ?TRX bounce from 181 sats strong support. TRX was farmed HL formation at 183 sats. Finished ABC correction. Price action above EMA 21,50,100,200 periods, Uptrend. Potential retest double bottom at 210 sats. Volume: confirm bullish price action. Pattern: ABC correction , Symetrical Triangle. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign. S/R: support 180, major support at 166 sats. Resistance at 200 psychology, Major Resistance 210 double top. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
TLong
by blockchaintrends