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Tronixbtc

TRXBTC Binance1 Day Chart, shows in RED LINES the BTC trend, and in GREEN the TRX Trend. I estimate buying on points (2) and (4) of the Elliot Waves and selling in points (3) and or (5). Good Luck This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. Diagrama de 1 Día, muestra en LÍNEAS ROJAS la tendencia de BTC y en VERDE la Tendencia de TRX. Estimo comprar en los puntos (2) y (4) de las Elliot Waves y vender en los puntos (3) y (5). Buena suerte Esta es solo mi opinión, haga de ella lo que desee. ¿Qué significa esto? ¡Significa que no es un consejo o una recomendación comprar o vender nada! Solo se debe usar con fines informativos o de entretenimiento.
by rodulfox
Tron (TRX) Update 4 Beginners (When Will Tron Go Up?)When I saw Tron (TRX) on Binance going up yesterday, I wanted to post an update to suggest caution. As Tron is part of the cryptocurrency markets and the market is going through a huge correction. I know that many of the Tron traders are beginners, as Tron was only available on Binance first and Binance took the job of taking in all beginners crypto traders. That's great, we love you, everybody is welcome to trade crypcoturrencies, "The Stock Market for the People" and opportunity for everybody. But there are a few things that are important to know about when trading in these markets. One common mistakes we beginners make is to take any "pump" (an increase in price) and live by it. As soon as there is some movement that supports our thinking, desires or expectations, we tend to go all-in into it, which can later come at a huge price. I am sure this is happening for many of the new Tron traders. Here is an update just for you. Tron (TRX) needs to retrace longer before starting a new bull run. Tron top was reached on the 5th January 2018. After we reach a top, we normally go on a retrace. We know that the cryptocurrency markets are fast, but they are fast compared to traditional markets like the stock market. For a retrace to be completed we need at least several months, that's fast because stocks can take years to complete a retrace / correction. When the top was reached, I received hundreds of messages afterwards asking to review Tron as a new run was starting... I kept on saying "We just reached a top recently, what follows is a retrace, please allow this coin some time before we can visit again". Over a month later and Tron is still retracing. Just like Bitcoin and the rest of the market, this retrace isn't over. Look at the chart above for possible support levels. If one support level is broken we visit the next one. The 380 satoshis (0.00000380 btc) support level has been holding strong. The indicators are bearish, the chart is bearish, we seem to be on a consolidation stage with bearish tendencies (which means that it can go sideways but breakdown at any given time). So here comes my suggestion for you: If you want to trade Tron, wait a bit longer, watch from the sidelines and buy-in when we reach the bottom. When the bottom is reached you will see many signals confirming just that. When a new trend is formed, you will also have many signals. You can check here on Trading View and you will have many updates... For now, stay away from this coin, it is going down some more. Namaste.
Education
by AlanSantana
77
TRX TRON #TRX CLOSEUP LOOKS VERY SIMILAR TO THE BIG PICTUREI BELIEVE THIS IS MORE OF A 1 AND 2.... JUST LOOKING AT THE INVERTED HEAD AND SHOULDERS COMPLETING THE MOVE RIGHT AFTER THAT WAS A NICE LITTLE BREAKOUT UP 40 PERCENT..... THIS NEXT WAVE SHOULD STOP 5 PERCENT ABOVE ABC CORRECTION AS INDICATED IN OTHER TRXBTC POSTS WE SHOULD BE SIDEWAY FOR A COUPLE MORE WEEKS OF ACCUMULATION TIME. THAN TO NEXT STOP ON THE ROAD TO 75 CENTS IN 7 MONTHS..... ID JUST ACCUMULATE. BOLLINGERS ARE TIGHTENING AND PRICE ACTION ON BOTTOM WE ONLY CAN GO UP BUT MIGHT SEE SOME SIDEWAYS ACTION BETWEEN THE FIBONACCI LINES
Long
by savenido
trx still following line of support but under heavy stressFollwing trx over the last two days it has hugged the support line dipping below and shooting above all the time coming back to rest on the support. This to me says that trx is under a heavy load from both the bears and the bulls. it will be interesting to see where it ends up as the market has been slowly leveling out over the last week. It looks to me that any movement that holds above or below this line of support will determine the next month or so of trx prices. I dont know about you reader, but i for one hope trx gets some bulls behind it and regains its wings! Mogli, out.
by Earl_of_Crypto
trx finding supportTron pushed up with the latest btc bounce which has given it a new support line detailed by the dotted yellow and highlighted by the box. this is good news if you are holding trx as if the support continues to hold despite being tested multiple times today it gives trx a good place to rise from. im expecting trx to follow the dotted white line highlighted by my arrow. this is not trading advice but rather musings and speculations based on what we have seen and the crypto market as a whole. if you have any questions or want things clarified please dont hesitate to comment below! Any criticisms as welcome as well, we are all learning here! Mogli, out.
by Earl_of_Crypto
1
Tron TRX Forecast - An Closer Look Helps Paint The FutureFollowing my previous chart which showed Tron's potential, I am now taking a closer look of how the chart should make it's way up in a conservative manner. However I must point out that there is nothing conservative about TRX. When it pumps it pumps hard and when it dumps it dumps harder. The chart depicts an upward trend following the long-awaited bullish reversal. In order to retrace the prices in a more accurate manner I've decided to omit the swing low (382) and take the next swing low (478) which actually confirms the reversal of trend. I've taken into consideration the chart's bearish trend angle and averaged it to around 30 degrees which in-turn used it to trace the bullish trend pattern. Since bullish reversal is most likely confirmed I've decided to go for the Elliot's Wave to support my idea. I've labelled the support and resistance levels through multiple Fibonacci retracements and extensions. The process is much more complex but I've decided not to clutter the chart and keep it simple. Chart does not take into consideration BTC's price. Hope this helps create a clearer picture of TRON's future price. This is not an investment advice, always do your own research.
Long
by itradearn
10
Tron is struggling with a Weak Money Inflow..WHERE IS THE MONEY?It seems on the graph that people start loosing faith on the project since 10th of January with a significant decrease of money inflow. Tron did pass this step in the past and might recover from that in the following months but again I will watch closely the money inflow for TRX and see if a significant sign of reversal can happen. When you work on chart, you might have a lot of noise that can alter your interpretation and then your forecasting. Many things come in mind when dealing with this data and the one I prefer is Multiple Imputation to remove basically the data that does not make sense (the outliers) or replace them by data that make more sense. The outliers for the Trx case is definitely the surge in price after Justin Sun, the CEO, came with an announcement that Tron will partner with a TOP 100 Nasdaq company. Seems that people were expecting a big name like Alibaba or TENCENT, but Boafeng (Netflix of China) came up and no one knew about it. They are hiring many big names from large companies so I'll update the chart based on the money that is going in and MACD. Stay tuned! And trade safely
by UnknownUnicorn1484312
6
TRX/BTC - Free Falling till 0.00000413 and then to 0.00000223I noted important points on the graph, but let me explain a bit. TRX broke all good and strong supports and felt into the Free Falling area . The market itself will push it into the dip unless some whale investors buy huge amounts. So it's all up to chance now. However, you can follow news about TRX. Anyway, I'm not optimistic about that. There can be hope if only it passes above 0.00000709 point which is the First Resistance (weak) . In my opinion, It'll fall till 0.00000413 which is Very Weak First Support . And then if it falls below this level, it'll drown to the level of 0.00000223 which is the First Strong Support level . However, this means 100% decrease when we compare it with the current level. After this point it will have 2 options in the LONG term: 1) To pump to the moon again; 2) To lose all its power sinking towards the dip level of 0.00000025 which is the next Lasr Strong Support level in current situation.
Short
by franzfransua