yesterday TRX pushed below its support line to new lows. The last few times this has occurred there has been an upturn shortly thereafter. if we look at the convergence of theses upport lines and the downward trend we can see a potential upturn in the works in the coming hours. RSI is above 50 and holding during a small consolidation. Keep your eyes peeled for...
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...
TRX EVERYTHING IS CLEARLY LISTED.... WE BROKE UNDER MAJOR SUPPORT THE 38 FIBONACCI WHICH HAS HELD WELL RELATIVELY.... THE 100 DAY MOVING AVERAGE IS DIRECTLY UNDER THE PRICE ACTION RIGHT NOW AT AROUND 380 COULD BE JUST WHAT WE NEED. HOWEVER BEST TO UNDERSTAND THE OPTIONS. DOTTED GREY LINE IS THE MIDDLE OF THE CHANNEL. WE HAVE HIT BOTTOM TWICE AND TOP TWICE.... WE...
TRON ABCDE DESCENDING FLAG CAUSING UPWARD BREAKOUT OR BREAKOUT FROM 400 LINE HOLDING WHICH IS UNLIKELY
Tron (TRX) made a high of 0.00002047 on Jan 5, 2018 and has been in a downtrend since then. A massive descending triangle is drawn on the 4hr tf. Support area for TRX is marked with green lines (between 0.00000261 and 0.00000207) should TRX break to the downside of the descending triangle. A potential breakout above the descending triangle should see TRX...
Here is TRON , for short term it can go up to 550-600 then buyback again after some days at 430-450 or more less then it can rise again a bit more to 500 consolidation and breakout time will be there but for now sell on 550-600 and enjoy.
Here is TRON TA. I know tron charts are hard to draw cause it's a hype coin whenever justin w ill do anything it will pump suddenly but as estimation some more cycles left for huge breakout as you can see triangles are getting formed up and till yet triangles decided tron's future so here you go guys i will do recenly one more short term ta as well if you want to...
TRX is at a level of potential recovery. We can definitely see in the DAY time frame chart the end of the downtrend structure and it may bring us back to profit. We have to be careful !! We could be seeing TRX back to the 275 area cause of its need to square UP at this level and this is probably his best opportunity to do so. The RSI is giving us a great sign of...
With BTC, LTC, and ETH's rise in prices, the altcoins have started playing catch up. Ripple (XRP) and Appcoins (APPC) have made good progress in putting in a bottom. Is it Tron's turn? I could see Tron reaching back down to $0.02 earlier but with everything going up and the Chinese new year, I see more potential to the upside. We had some good volume yesterday...
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...
Well today we had a hard day for all the cryptocurrency coins. I had this graph made 2 days ago from what i see here it might breakout soon. Hopefully some big whales left us in this run. TRON HODL!
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...
Looking for momentum reversal after reaching under the 236 once again for TRX. Previous runs were to 850 / 950 Satoshi on two separate occasions. Entry would be under 517 Satoshi for Q1 holds, short-term exits will be at the 618 and 782 Fib levels, long-term holds will wait for 1.242 or 1.414 Extensions.