Tron | Right Time to Buy to make quick Buck | 0.025 soon?Hi All,
Welcome to Tronix TA. Directly jumping to TA, we see that when whole market is in red, tronix is in green.
Hence it serves as good indicator that Tronix is in Buy Mode.
Right TRX is trading at 0.022 and if see two resistance line (0.026 and 0.029), both seems to be rechable within a weeks time frame(if market doesnt goes in sudden bear mode because of some new news).
There is no other resistance to TRX apart form 0.026 n 0.029 and considering the fact that trx is trading at 0.022 , one can easily make a quick buck with TRX of 0.003 USD per TRX i.e.. 13 to 15 percent profit, and we are expecting this to happen in a weeks time frame i.e.. by Aug 31st as TRX is launching virtual Machine .
PS: All of the above are my personal opinion. Any investment should be done after your own research.
If you agree with this, hit like and subscribe for any other info, comment.
Take Care
Tronix
Tronix : Fight to be in top 10 continues : So BuyHi All,
Tron, one the most promising coin in the market has slipped out from top 10 list. Currently sitting at 12 and fighting for the 11th position.
I firmly believe that tronix has the capability to be in top 10 and it should be there. Hence we are expecting a price swing atleast above 0.024 in order to make bring tron back in top 10.
Currently it is trading at 0.021 so there is good chance of making a 20% return on tron investment.
PS: All of the above are my opinion, do your own research.
If you agree hit like , have questions then comment.
Tron (TRX) Coiling stoch, Tron preparing for big movement.Tron has been in a falling wedge for months, and currently, I believe the end of this bear cycle is almost over. Tron has an increasing RSI during the decreasing price, indicating a bullish divergence.
If you believe in TRON, look at adding funds when it hits below 400 sats, which is happening right now. I believe anywhere around 300-360 is a good addition for your portfolio.
The problem is that BTC might not have found a base yet, and TRX is still within the falling wedge.
However, if you look at the stoch on before the previous run, we are developing something similar. XRP had something like this too. This development is on and off, but is worth noticing.
Thanks for viewing! Hope you guys haven't lost too much money. If it makes you feel any better, I lost over 10% on TRX when I transferred it in order to vote, which required a lockup period of 3 days, which happened to be the time BTC dropped.
TRXUSD bounce?The price seems to have moved above the resistance level of the descending wedge, the price did not have enough strength to make any real significant gains, it moved back down and looks like it is testing the previously broken resistance. If this level acts as a level of support it is very likely we could see significant bullish gains, also if the price moves up from here we could see the price also rejected a previous support level (red rectangle). We could see the price move up to highs of 0.5 if the price gains momentum and starts to move up from here, the RSI is in favour of a bullish move as it is currently at an oversold level, as the price reaches these critical support levels. I believe the price for this pair is going to move up, I will keep this post updated.
Tron (TRX) Breakout. Possible long position after flagging.Hey everyone, my last chart predicted sideways movement till the news so this was kind of expected. I believe this can be a great long position in anticipation for the secret project, as long as TRX can find support and form a strong bull flag. There is a medium chance it will be a false breakout. I bought into Tron at 440 so I'm kind of debating whether or not to take profit now.
Therefore,
Buy in:
When bull flag forms. If we drop straight back down it was likely a false breakout and should not be trusted. With the secret project tomorrow there will be an increase in demand or selling pressure, so be careful with a smart stop loss.
Sell targets:
573-600 satoshis.
Stop loss:
464 satoshi level or underneath the bull flag's support area.
I believe in the next few months TRX is going to have a good cycle again. As long as bitcoin can stay within the current range, a good 50% gain is possible.
Tron (TRX) is Ripe for a Bull-RunAccording to the 'Weekly' chart of Tron (TRX), using the TD-Sequential system, we are on a red '9' of '9', which means a correction or reversal is more than likely about to occur after the closing this current '9' candle.
With the launch of Tron's Mainnet, its my belief that a bull-run is around the corner.
I'm not a financial advisor, but I'm long on Tron.
Good luck if you enter this trade!
TRX - Elliott Wave Roadmap to 350 and Beyond After an impressive run-up leading up to the Mainnet release (and a clean Elliott Wave count, mind you), it's been a downhill ride since. Will we see a bounce soon or will we another test at 310? I am leaning towards the latter.
After breaking down the Elliott Waves and coming up with a valid count of the "C" corrective wave of the largest degree, this is the one that I think makes the most sense. Currently, I'm not seeing anything to suggest an impulse wave up or trend reversal but rather another ABC Wave which would complete the 4th Wave (purple) of the 3rd Wave (brown) of the "C" Wave (red).
Tron Ethereum pair explains everythingI believe this shows impulsive since 2/1/2018 nobody could get a good count on tron because they were not and couldn't off of btc pair. Because BTC took such a dip we ate shit on trx btc pair doing more of a WXYXZ correction and looking like a 1-2-3-4-5 move with truncated 5th. That 5th? is a B wave hit exact .78 retrace of A. This all means we are about to start wave 3 after we finish this ABC correction. I estimated these numbers off of a bounce in golden pocket .618 retrace. Its already bounced on .50
Tron (TRX) Big market order boosted TRX up. Unclear signals.TRX broke out of the falling wedge netting me around 5% profit after it hit my stop loss. However, the Bitcoin ETF decision which has now been moved to September caused BTC dominance to rise, basically people moved their BTC out of altcoins. This is one of the reasons I strongly wish for more exchanges with fiat to altcoins so we do not need to analyze both Bitcoin and the altcoin charts before trading.
Right now on paper it looks like we will be continuing down, but as mentioned, a secret project will be announced in 6 days, and as shown on the chart, there was a large buy order for TRX which caused a move up of around 6%, which might keep us above 400 before demand rises due to the news.
Right now I would wait and see if Bitcoin can hold and what the dominance decides to do before moving funds back into Tron.
I did pick up some TRX at 445, but a very small portion, with a stop loss at 400, but I'm fine with the risk.
Thanks for viewing! Leave any thoughts you have in the comments below. I'll make sure to respond to questions.
TRXUSD Breakout?The price seems to have broken out the falling wedge, it looks like the price has managed to gain a small amount of momentum over the past few days. This is good news for this pair as if the price is able to hold this level and bounce off the broken resistance level we could see a massive bullish push. We would need a better signal before placing trades on this pair, if the price moves back down and bounces, this would be a good enough signal. The price seems to have lost most of its momentum and loads of candles are forming with large wicks, this is not a good sign as it shows that the price is struggling to hold this level. I will keep this post updated over the coming weeks
TRXIn a very quick analysis...
A bat has been made.
But, there's a chance to drop a bit more.... less likely anyway.
Target on GreenBox... or yellow line.
MACD converge and bullish cross
SRSI almost oversold.
All (8) EMA's above the price.
++If we watch my old charts of TRX, we will clearly see that it is right back in the ground++
Educational Only
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GoodTrade
-CJ-
Just in case you feel generous and wants to share a bit of your profits with me
Thanks
BTC: 1DQinHVrv8SEjJR81swwuKpK4msz3ULYd9
TRX: TMaei46gfPMpmSCxNsYUS4CTPi3Lx7jQoC
#TRON #Crypto When Will Bulls Take Over?!Hi guys,
Today I have brought you TRXUSD in the 4 hour chart.
TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or month however you want to call it. It is sitting at an important level where bulls can take it over. But for this view we still need some time for a confirmation.
I have drawn you 2 possible scenarios in the chart above. I am looking at any of them. But important to mention is that in case it breaks for any reason the 0.031080 lows, then this analysis will be invalid and we can still see more downside. But lets wait for now and see what TRON will do in the coming days. Also Tron will reveal some important news in another 10 days. (TVM) Lets see. Hope this helps.
Cheers and trade with care
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
TRX Ready for ReversalAfter mainet lauch Binance will unlock wallets for deposits and withdraws.
TRX still can go down to 500Sats but if you look all indicators it looks like it touched bottom already and start a reversal.
Still a safe trade for now if you invest around 550Sats but trade smartly and don't go all in. (Keep some power for 500Sats in case)
Happy Tr4Ding!
TRON IN DOWNWARD WEDGE PATTERN - CryptoManiac101Here we have TRON in a downtrend wedge which usually breaks upward, however since we have a probability of continuous drop to our demand zone, we must be cautious with this one. News, releases don't matter right now to this market, so don't get your hopes up based solely on that. Patterns don't follow news or FUD.
Be patient, TRON will bring prosperity to us if not in this cycle, maybe in next one which will be starting towards August.
As of right now, indicators are bullish, but SL might be necessary for short term or risk minimizing investors!
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Here's our previous TRON chart with butterfly patterns which was 100% correct
Tron (TRX) Bullish B-886 Pattern, bullish divergeance formingFrom my last idea, I was the first one to call the Bullish Bat (0.886) and right now it does seem like it was a correct call. As long as we can bounce from either the current level of 540 or the 520 sat level, TRX is looking to be a very strong buy. Make sure to have a stop loss underneath the 524 level however, as a single Bitcoin drop can negate this trade.
Buy-in:
524 - 544 satoshis
Sell Targets:
750 satoshis
820 satoshis
Trendline formed from A & C
Stop loss:
Under 520 satoshis. Since this pattern will be invalidated if it drops below.
Time frame:
Likely over a week.
Thanks for viewing! Please support my idea if you agree & leave any comments/criticisms in the box below. The link to my last idea can be found below.
TRON standby mode !!!
We continue down the path, we can see a small rise up to 620 Satoshis in case the BTC goes to 6700, but still we will continue the way to 480 Satoshis soon after, do not worry because we are very close to finishing this movement, the way up starts between day 8 and day 12 July save those dates.
With pleasure GOKU GOD !!!
TRON is finnaly ready to show us some Bullish moves.Hey, I am back with another Technical Analysis, this time again looking at Tron.
Tron had succesful main net launch and strong fundamentals , great community and great project.
Tron has hit 1000 area twice , and after that the profit taking downtrend has started, there was one great preparation at 750 level in my another Tron idea , which has failed to breakout, but I have suggested to put tight stop loss , as Bitcoin could still have dipped more and even had , so the finding of another support has begun.
When I look at the chart I can tell that 575 is a really strong support for Tron, where it held for 3 days and bound of that level.
That means 575 acted again very strong.
Stop loss under 560 even thought I dont like stop losses.
Lets look at Indicators.
RSI shows demand uptrend.
MACD shows overall uptrend about to intersect, buyers will be in dominance over sellers soon.
EMA trend change if Tron can close above 600.
S o I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel, which you can find at my profile.
Hope I made your view on whats going on with Tron somewhat clearer.
If you like this Technical Analysis let me know in the comments, Likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an Update.
TRXETH: Wave 3 ending, Wave 1 incoming for Tronix?I love TRXETH because the pair remained relatively stable throughout the downtrend even though TRXUSD can't tell the same story. Price is still holding great at around .000087 ETH, having gone above .0001 ETH in recent months. It's a long downtrend and the entire cryptosphere is full of fear, uncertainty and doubt. I believe current sentiment does not reflect the state of the market accurately, however.
The price is holding between EMA 13 and 21, a relatively positive signal as price has not fallen through EMA 55 which would be worse. Volume is low however.
To me it looks very clearly like five waves up were completed and I think we would all like to see a three wave correction. IF that is the case, given the price has been maintaining this level, this could be the bottom for the third correction wave. Will it retrace to the .618?
Can we expect another five waves up to finally leave the bears to hibernate?
I am long on TRX and do not plan on trading these levels. Despite the recent FUD, fundamentals on TRX are strong. Even though the company's roadmap has a long way to go, Tron is one of the more serious blockchain projects out there.