Trxbreakout
TRON 111% GAINS 2ND WAVE COMING. IF YOU MISSED THE FIRST ONE..BINANCE:TRXBTC
good morning guys, as you can see..
tron is moving along the trend line at the bottom finding strong support.
looking at the fib. level I could confirm consolation and accumulation zones.
I'm expecting a huge upthrust gain.
God bless and be patient.
#TRX #TRON +78% target 0.00001456 BTC next 28 hours1h charts show a second bullish flag after the first bullish pennant rally. See updates for that chart.
4h charts show we're entering into the ichimoku resistance cloud with a great chance to break through to the higher level with the 1h upcoming +24% rally over the next 6 hours.
4h charts also show that we are forming a bullish flag with a combination of the two 1h chart rallies, for a larger rally with a target of +78% overall.
First Target: 0.00001017
Second Target: 0.00001301
Third Target (completion): 0.00001456
Tron TRX Forecast - The most FUD'd CryptoCurrencyTron is the most FUD's altcoin to date. However TRX has the potential to actually rocket to the moon and out of orbit!
History shows us the most controversial companies are usually the companies which revolutionise the industry. Tron has the capability to do this. What Tron is trying to achieve is incredible and it comes to no surprise the amount of hate around this coin.
Chart shows support around 450 - 500 area. Considering BTC is down, TRX is building foundation around this area. Basically TRX shall start again from where it pumped to 2,000.
Tron has yet to release a product and we are sure that Justin Sun is beefing the developer's team. Investor's are hoping for a partnership with Alibaba imminently. Investors also want lambo's overnight :) It seems obvious that Jack Ma is showing interest(does not mean financially) in Justin's start-up. I find it hard to believe that a start-up company is stealing senior developers from the biggest retail company in the world. Jack Ma MIGHT be "transferring" these developers.
Eventually if TRX's product is successful, Alibaba's partnership won't seem far off.
Think about it!
This is not an investment advice, always do your own research.
TRX hitting the lowest low soon before trend reversal Hi All - Just an update to my last post.
We will soon hit the lowest low possible. A trend reversal is definite possibility now.
Expecting a low in the range of 280 - 460 before a major trend reversal.
We've already rode the 1st complete cycle of Elliot Wave followed by correction .
Volume still holds well above 25,000 BTC even after this severe correction, Confirming the market intent for a TR.
Share your thoughts please. Thanks
TRON about to bounce back.TRX saw incredible heights in a very short span of time with a nice pull back. Right now, TRX found a floor giving a perfect buy opportunity. Here are some quick facts:
Price : $0.095192
Peak Price: $0.2
Market Cap : $6,258,701,938 USD
Peak Cap: 13 Billion
Rank : 14
(Data from coinmarketcap)
Official updates:
twitter.com
TRX to bleed more?Hello Friends,
Here is my view on TRX,
Currently, it seems like support is holding the price. But volume is very low at support means people are not showing much interest. I dnot see a decent bounce from support which can give hope and gain momentum.
So, it would fall more.
I would watch the chart again with my alert setup when it breaks the triangle. I would be happy to buy on the breakout, but now with strict stoploss.
a close up view:
TRX - Break out possibility As i'm writing this, it looks as if TRX 2.47% is gaining in volume (+6000BTC in one hour) and is already starting a bigger upward move then it has in the past 2 days.
Look at how tight the Bollinger bands are compressed up, and we're right at the bottom of our downward wedge .
We could quite easily stay moving sideways for a couple days, there no doubt that whales are helping keep price down.
First target is 1039 sats at 50% fib, lets see if it can hold here then progress further upwards of 1200 possibly spiking at 50% fib and hopefully holding back around our 50% fib.
I also remind you that there's a press conference being live streamed from China and started 5 minutes ago.
What do you guys think? Always great to hear other opinions or anything you think I may have done wrong.
TRX needs time, I see heading to 500-600 sats. First I'm not an advisor, I could be wrong, based on what it looks, I see TRX heading slowly to 500-600 sats to the next couple of days. I don't recommend to sell your coins, just hold, it's risky. TRX has grown a lot in a very short period of time and will continue heading down, I could be wrong but I see the chart more realistic any comments down below thanks.