#TRX #TRON Approaching Ichimoku Breakout PositionDecided to buy into Tron again today as I just felt it was a good time to buy. Now charting it. Totally a gut feeling and emotional trade, completely against what I've learned, but oh well. :-)
Anyway, chart shows we've had a major ichimoku resistance cloud looming over us for months since the ATH around $0.28. I just bought in at $0.037.
This cloud is thinning at the bottom and has actually changed to green for a moment. We may have the opportunity to push through the bottom of the resistance cloud, get above it and be ready to be pushed up by the new support cloud formation in the coming days/weeks.
Alternately, we may be pushed down below the bottom of the resistance cloud (to about $0.030 USD), but may have the opportunity to push back up through shortly after that.
If we can get above the Ichimoku cloud, then it's likely and I'm hopeful that rallies will begin again and this may mark the end of our current long and painful consolidation period. Bitcoin and others may follow or lead, but TRX just traded more volume than ETH and has taken the #2 spot on volume, so this is what triggered my buy.
Tronusd
Alternate count where this is ABC correctionIf this is ABC correction and not a 1-2 move it doesnt really matter to me because algorithmically we are not going to breach prior low formed from A wave. The 618 to .5 level held for days because many Like myself thought it was an impulse wave rather than a B wave. If it goes lower than buy more to average down. Next move up 100 percent bare minimum
TRXBTC - EMA´s crossedHi again !
Today I like to share my new current idea for Tron , at 1 hour candles.
It´s same at higher timeframes, but for better refreshing I used 1h.
I paying attention to FIBO levels 618 and 0.5 , where sits actual support and resistance zone.
If we brake above , It can be signal for more uptrend. Also EMA 50&20 were crossed.
But maybe it was only "pump" effect because of listed at UPBIT. It´s very likely...
Maybe , I will be finally surprised & TRON really jump to 884 level ( circa 0.06$ ), as I was today : )
A lot of coins falling, so maybe some trader take out profits and will move to Tronix.
But yes, whole market falling yet and probably most of trader will sell at 5 cents again.
We need more BTC dominace ( 55-60% ) and bigger market cap !
I hope, TRX will hit 884 to the Mainnet launch May 31th.
For now, I will tracking next TRX moves. Friday and weekend could by very interesting ...
Tip:
I edit and set up RSI up and lower line to 90 and 25.
It´s better to edit and make it fit to every crypto chart for beter view .
That´s all from me and if you agree, please leave a like .
Mario Emvo.
*This is not a financial advice.
TRXBTC : expecting bull run I have been asked to do a TRON Technical Analysis. IMO its the right time to accumulate some TRX might go down as low as 400 SATS. The lines green and yellow lines are TREND LINE support and resistance plus i combined FIBONACCI levels for the people who prefer fib levels for Support and Resistance.
1. RSI is at 38 and moving up.
2. Ichimoku Cloud is bullish
3. Volume picking up
4. Big news coming soon
5. expecting 10-15% in coming few days
6. TK crossover bullish
Please hit "LIKE" to support!
Thanks
Basics of ICHIMOKU Trading system :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com
TRON (TRX) BINANCE MAIN NET PAUNCH - COIN BURN UPDATE - (L)You can't go wrong with TRON TRX. If you agree, best thing would be a long term trade. I see great future for TRON. Team along with CEO have demonstrate competence with the project and have followed dates very strictly which give me confidence in greater future for TRON.
As I always tell my members, XVG and TRX are a must have haha.
I do not care what anyone FUDS about TRON regarding it's 'huge' supply of coins and that price will not grow dramatically for TRON. I disagree with that entirely. Look at current market cap. It's laughable, Apple is worth more than all crypto's combined. Just think about that before spreading FUD in comments below.
BELOW IS A QUICK SUMMARY OF TRON TEST NET LAUNCH VIDEO STREAM JUSTIN SUN AIRED - ENJOY
Overall, Justin Sun did a great job firstly on timely release of Test Net and second of all with the actual live stream. He talked about getting Tron listed on more mainstream exchanges (smells a lot like Coinbase), as well he talked about introducing more trading pairs for Tron, emphasizing most of his attention on USD pairs.
He also mentioned about their team size increasing to over 100 people who came from Alibaba, Alipay, Amazon and other large companies. He said that Tron is much more then just a ‘gaming’ currency and that they will surpass volumes of Ethereum and even Bitcoin.
OVERALL THOUGHTS
Tron network was the main talk on live stream with possible Ethereum/Tron airdrop happening in near future in attempt to acquire more users to migrate from ETH or TRX. Their goal is to dominate Ethereum, which is a huge statement from Justin.
My thoughts are these… Don’t FOMO, because usually when it sounds too good to be true, it just might be. Can we make good profit on this coin? Possibly. Will it be the next big thing? Likely, however watch it cautiously please.
“TRON beats Ethereum today” - Justin Sun. It’s clear that this is their main competitor which they aim to destroy.
WHAT TO WATCH FOR IN FUTURE?
At this time we will be looking towards mid of April when news on Main Net will be released and then towards June when we will have a possible Main Net release with coinburn.
Coinburn —> to issue 1 TRX for devs, over 1,000 TRX will have to be burnt
TRON TRX ON MAJOR BULL RUN - TEST NET - COIN BURN - MAIN NET - LTron TRX is on a major Bull Run potential. I would recommend for everyone to forget about there short term targets and just stay in for long term. If you've been in the game for a long time, then do profit sells and refills along the way as you see MACD crossovers on 4H charts which is one of the best ways to track short term price corrections and retractions. With that said I guess you already figured that we personally will be staying in TRON TRX for a long time because potential for it is huge and with successful Test Net launch, current price valuation will be massively undervalued. Let me highlight 'successful' Test Net launch. That means that if something does go wrong with that release we may see price retraction in short term.
MACD still indicates ways to go, RSI indicates short term re-tracement at least to our RSI support area indicated on chart.
Members will receive more updated on this trade and when to buy or sell.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
#TRON #TRX - Short term target of 590 satsHi guys
The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line.
Overall we are on the way to target of 640. On the 31st test net is released and who knows?
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!
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 Forecast 90 day forecast.an optimist forecast considering that FUD doesn't exist, and Justin stops tweeting -_-. We will be seeing nice gains :)
how much lower can this coin get, honestly one of the most undervalued coins there is, and the potential to rocket is very high at this rate.
We have to keep in mind though that the price of BITFINEX:BTCUSD play a big role in the value of this and all coins.
TRX/USD Forecast 08.03.18Dear Traders,
Let´s talk about TRON.
You and I are aware that TRON´s CEO had made a lot of post on twitter about great news coming, that´s what made TRON´s price go up that much back in the beginning of January. And what happened after ? A huge dip because nothing happened.
A lot of trader a stuck with huge bags of TRON hopping that it might go up again one day, well im in the same spot as you are, and the only thing we can do is HOLD and see what TRON has planned for the future.
I do have good news, TRON´s EXODUS plans are out and he has set a release date ! 31.04.18 it is ! This date will be important for TRON´s future, the price will go up but a lot of whales will drop their bags so we might won´t see any new All Time High, but we will still see a surge in TRON´s Price and exposure in the Crypto World.
As you can see above, I´ve drawn a Triangle which contains TRON´s future. Like always, if this triangle is crossed upwards, we will see a bullish trend. I do hope we will achieve this upwards crossing before the release of EXODUS, because we will have a bigger chance to go even higher.
On the other side, there is a possibility that the triangle will not cross upwards but downwards, which we, bag holders, don´t want of course...
Let´s keep an eye on this Technical Analysis, and see what will happen until the 31st of March !
Feel free to like, comment and follow me and my work if you find this helpful !
Raw_Blitz out.
CLEANED IT UP A BIT..... MACD FINALLY TURNED GREEN. GREEN OR REDIM UNCLEAR HERE AND I BELIEVE IT IS A TESTAMENT TO WHAT BITCOIN WILL DO. RSI HAS BEEN HOVERING AROUND THIS LEVEL FOR MONTHS..... ID ALMOST JUST WANT THE RED ROAD FOR CLOSURE AND ACCUMULATING BUT NOT GONNA COMPLAIN ABOUT THE GREEN ROAD
LETS BE CLEAR WE ARE NOT LOOKING GOOD IF WE BREAK THE BLUE FIBONACCI LINE HOWEVER IT WAS NICE SUPPORT AND CAUSED SPIKE. ITS ALMOST LIKE IT IS NEEDING TO HOLD OR ELSE WE ARE GOING DOWN TO TEST 380 AGAIN WHICH WE BLASTED THRU BEFORE WHICH WOULDNT MAKE TOO MUCH SENSE. JUST A MAN TRYING TO HELP AND LEARNING FROM EVERYONE!!
TRX-Cup and Handle with potential upside breakoutThe first cup formed and created a small handle which also could be a small cup too. Either way a handle formed and this is trying to break to the upside.
TRX is at a .886 which is always good position to enter for a long hodl. Secondly, TRX cups failed to hit the 1 fib and higher lows are formed.
I entered today 15K units for a long hodl.