Trxbreakout
TRON in Global 1-DAY. STRONG BUY!There are 3 strong signals to buy TRX :
1. We can see a classic Triangle Wave Correction and It has been already broken ! Congratulations!!!
2. Exaggerated Bullish Divergence or maybe classic bullish. In any case on such big timeframe it's a good signal to buy.
3. Lines are crossing on MACD . If it happens, any doubts will disappear.
P.S. You're Welcome to our rocket!
Tron breakout will take place in a very short time.As you can see from the chart TRX is reaching the end of the pennant and this clearly means that we'll see a breakout, if volume increase. Theoretically speaking it should break the yellow support line at 395 but there is also the opportunity to form an uptrend. If this scenario happen, if there will be a breakout of the resistance line, we'd expect a huge growth in price. If price goes down that yellow support line there will be another support at 333 sats. If it breaks too, another one is at 220.
Before entering every trade wait for the breakout.
trx price analysis (tron price analysis)hey friends
trx is forming falling wedge and it have a good chances for breakout don't buy now wait for breakout I have circled their buying volume is increased and it may breakout soon wait and watch for breakout it needs to breakout with good volume we can see that cmf showing negative it needs to form upside which shows trend and volatility with good volume so wait breakout soon buy after breakout
good luck ,
keep earning,
good bless you.
Update: TRX already for a W bottomHello
Note: don't buy or sell based on those information, they are for learning purpose only.
This kind of late Update, lol
So as you can see i add a W bottom to TRX, it make sence because we can't have an UP-Trend without bottoming the market and make an end to the Bearish market (down trend).
We can see that the projected price was perfectly reached after the chart broke the W bottom support, now we are in the continues triangle, see my previous Post about TRX, i explains everything about it
Good luck
Happy trading
Buying the breakout of a second wave on yearly trend is $$$$Confirming 2cnd impulse wave has started.... now where we go in the next couple days will tell us if we go the long way to 70 cents which i prefer or the short way. I prefer the long way because if we go under 32 cents we will form another cup plummeting price to the bottom trend line where we reposition. I bought at 3 cents 10x my money now I have 8x more position laddering in from 3 to 7 cents!! Hopefully we are blessed with the long road!! Patience
LETS BUST OUT OF THE 61 FIBONACCI TRON #TRXAFTER BREAKING OUT OF THE GIANT BULL FLAG WE FORMED A DESCENDING WEDGE CORRECTIOM ABCDE FINISHED AND BROKE OUT.... COULD BE FORMING NICE CUP AND HANDLE.... LETS SEE A BREAK OUT TO 800 AND FINISH OFF WAVE 5 AT 996..... THAN COMPLETES FULL PICTURE DOUBLE BOTTOM CUP AND HANDLE
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
TRON TRX Long Term 1000% Potential (HIGH RISK)Tron has phenomenal potential of reaching ATH before summer, however you should be aware that while we are in accumulation stage, we may see drops which may be damaging to those investors who have twitchy fingers and short term investors. We personally will be holding, however you should know that we only hold between 10% - 25% of TRON in our portfolio.
Please understand that this is a HIGH RISK - HIGH REWARD trade scenario. We do not recommend investing too much into TRON if you're a short term - medium term holder/trader.
With that said, TRON has huge potential of bouncing off any of the 4 supports we have highlighted on chart, especially if TRON foundation releases positive news.
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NEVER INVEST WHAT YOU CANNOT AFFORD TO LOSE. WE ARE NOT YOUR FINANCIAL ADVISORS.
Short-term BULLish TRX/TRON - BTC Hello all!
This is my first public analysis of why I am BULLish of TRX these next few days/week.
I have been researching/learning/practicing technical analysis for about 3-4 months now, so basically, I don't know shit.
Therefore,
Any and all critiques and advice are welcome and appreciated!
Analysis :
Bullish Tri-Star formation : potential sign of a bullish reversal
Tri-star formation has the best performance when it is a part of a small downward retracement in a primarily upward price trend.
Piercing Line pattern :
A Piercing Pattern occurs when a bullish candle on Day 2 closes above the middle of Day 1's bearish candle.
Need additional indicators to confirm a bullish trend, such as a break in the downward trendline.
Lastly, BULLISH squeeze alert!
This is a three-day bullish reversal pattern. It was developed because of the frequent event where prices can break to the upside following this pattern, especially if the pattern is preceded by a strong downside move.
lower highs and higher lows consecutively
I will update this analysis as I watch TRX these next couple of days.
Within the next week:
Target 1: ~505 sats
Target 2: 600 sats
TRXBTC Gift about to comeHello friends,
Long we have waited for this but time approaches to upward trend for Tron. MACD says almost the correction of Tron ended. There is nowhere to go down. RSI says its over sold. And the triangel pattern says its time to go up. With a little support of Bitcoin uptrend movements Tron have alot of potential.
If u see any mistakes in my idea just metion me. Im a new here and trying to learn good things.
Peace and love friends.
TRX/BTC Wavecount and possible short/long term targest.Here's my take on the whole TRX/BTC train, there's a lot of FOMO/FUD on this one and it's kind of new so these results may vary greatly, but here's a rough idea what might happen in the future. I know a lot of people are waiting for a breakout, but I think it'll either keep stabilizing around $0.6 or drop down to $0.3 which would be healthy. And then skyrocket since this one pumps so hard I can't even tell where it's going to stop.
If you think I'm wrong on the chart, let me know I'm still learning and greatly appreciate constructive criticism since we're all here for the same reason and it being massive gains~
Decision time for TRONIX: continue downtrend or shift to uptrendTRON is stabilizing on a solide resistance level after a continuous downtrend. A bounce on the current 4h resistance level can be expected.
From FA side the TRON Foundation continuously announcing partnerships, listings and coinburn / mainnet ahead.
Check the upcoming events for TRON until March 2018.
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