TRXETH
TRXETH | Dump & DipAs you can see in the Pitchfork TA, TRON could quickly Dump to reach a strong target resistance before the new Dip.
This Dump & Dip is related to the ETHUSD trend.
TRX/BTCFor Trx it formed a perfect inverse head and shoulders.... Impending breakout of the larger GIANT BULL FLAG. Macd shows sell because we are completing inverse head and shoulders reversal pattern. Overall picture Is a fuck you pattern turning into a cup and handle. LONG this is my call of the year. I believe we goto 30 cents down to 7 or 8 cents than will form another cup and breakout impulse wave 2 overall..... than we break to new all time highs. .70 cent projection in 7 months. If you are just holding 1000 percent gain.... if trading and repositioning correctly HUGE profit potential. 2 MAJOR MOVES from here if you didn't sell off at 25 to 32 and rebuy at 3 to 5 already you will have a similar shot. China controls a huge portion of cryptocurrency. TRX and NEO are the only two Government accepted..... WHY? Check the development team on TRX. Very connected in communist China. I feel TRX could take over as number 1 currency for growth in 2018. Asians dominate this market. What does China do with everything? Shuts down all outsiders and creates there own. Now with that said it is also very well known China doesn't like Facebook google play etc..... TRX solves the issues. TOO MUCH BIG MONEY.... TOO MANY USERS THAT THEY ALREADY POSSESS BASED OFF THERE PAST OR CURRENT COMPANIES.
We go long on TRX ETH BITCOIN EOS XLM
stockcharts.com
This is what i think will happen.... Notice the Fuck you pattern start forming cup and handle not surpassing 1st wave which would be the best for traders.... Down again low for rebuy..... Ride wave to 70
TRX has two possibilities incoming, did it just find support?!Tron has possibly found support on a new trend (Yellow line)!! I can see TRX taking a while to consolidate in this area until it either has enough strength to break through two strong resistance lines (Blue). Since the RSI on the 1 hour chart shows it is slightly overbought, TRX will probably continue in a downtrend to retesting the yellow support. If TRX cannot find enough support here it may have a second chance finding support .00000386. If both of these fail TRX will most likely have a dip back down about 11% to .00000346
TRX TRON ANALYSISWell 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!
Tron is in neutral territory. You need to know this informationLet me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin.
In short, TRX is in neutral teritory. It has some points going for it and some clear indicators that it is in a downtrend.
I will go through all of them in short, but I want to clarify first that US as traders need to be reactive to every situation. Be at a look out and do not buy TRX now.
Points for TRX:
1)Probably more news coming out tommorow from Justin Sun and Tron Twitter
2)31st Jan listing on 1 possibly 2 new exchanges
3)Low RSI levels on the 1 hour chart
4)Forming a triangle pattern
Points against TRX:
1)The 50 EMA (in orange) has been like a ceiling that TRX cant break through.
2)Low volume due to BTC currection
3)Broke it's mayor trend line
We will inevitably get a continuation to the upside or the downside. I really do not have a solid opinion whether or not TRX will move up or down. A breakdown will drag the price down to around 430 satoshi.(minor support) If that support fails, than 380 satoshi (mayor support)
Good luck and happy trading!
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Donations in BTC:
1xUU83C4eaHy9dTKuFcn86HFkXa8Topb7
Donation in LTC:
LcSEL5a9ZSX2z2TH6ZzmzGnmSyF7riLeuC
Donations in ETH:
0x39bf470d25a9a9d5171d674b8740653b8db3cb9f
Thank you for the support! :)
UPDATED - TRON TRX PREDICTION UPDATED PREDICTION
OCN just finished the pump and they started to dump.
I see movement into TRON.
TRON PREDICTION 28/JAN/2018 This is what i see after all the hype on OCN 2.06% and the new partnerships + TRON 6.43% GAME is getting popular without the English ver yet.
BINANCE:TRXBTC
TRX SHORTRevised to not be flooded with hate and reports from shills.
The last one was removed as it was unsourced and was negative, apparently you're only allowed to be unsourced and positive here. It was disappointing to see that.
Fundamentals ONLY. DYOR. This is for my records only.
TRON PREDICTIONThis is what i see after all the hype on OCN and the new partnerships + TRON GAME is getting popular without the English ver yet.
TRX/ETH - First TA - Possible Breakout AheadDisclaimer: This is my first TA, EVER. I'm not an expert, would love your feedback.
This initial analysis is a long term elliott impulse wave based on past trends.
inside the bullish wedge, I think there is a potential breakout point in the near future.
Cheers and happy trading!
Head & ShouldersThis looks like a head and shoulders pattern to me. The timing also seems to coincide with the planned rollout of different features and news related to TRX so it makes sense.
This is my first public post don't take this as financial advice.
Wave Analysis Another possibility here is we could bounce off of the 61.8% to complete the C wave. Target 1 will be 23.6 Extension if that plays out
TRX Price approaching 0.61 Fib. Retracement lineWe might soon expect trx prices to rise slowly. Its been a long downtrend and now the trend might have switched.
If Tron breaks the 0.61 Fib retracement line, we might expect it to drop all as low as 0.00005 ETH price, which would be an alternative buying price.
What are your thoughts, which lines are going to be respected?
Good Morning?? Could it be a Morning star? Been watching for the last few days and it doesn't seem to confirm a trend/ reversal. It's been quiet confusing lately and buyers and sellers can't seem to come to an agreement just yet. But could it be that this is the day the market decides to take a hike? Bulls have taken enough of a break, lets see if they take control now. Sitting on my hands for now.
Thanks for reading,
-E
TRX/ETH 30% PROFIT IN 2 DAYas you can see price touched a support line and it will go up to the first resistance line.
TRON [TRXBTC] We Will Tron You Again!Tron breakout from Falling Wedge Pattern with big Trade Volume.
I Expect Retracing to Normal Trend Line, forming 1-2 wave structure.
I'm holding trx since 1400,750 and 400 levels. I will add more at Safe entry 600-580.
For my portfolio TRX holdings will be 30%.
Targets:
0.00001221
0.00001417
0.00001697 (if pullback remain strong)
Global Tron target 0.00003000
Play safe and use Money Management.
TRXETH Current chart pattern and potential buy dip or breakoutTRXETH Current chart pattern and potential buy dip or breakout continuation.
TRXETHSee Jan 13 post and Jan 15 update.
TLDR: tried to make a swing from TRX to XRP when XRP hit 1.55 but TRX did not hold up well enough to justify making the trade. Will continue to look for an entry point in XRP that makes sense against the value of both TRX and ETH unless TRX shows life. If it runs I'll play the run until swapping back for ETH. We seem to be peaking in FUD articles, don't liquidate into peak FUD.
Alright Last one i swear3 Minutes to close this 4H candle. I'm hoping for a close above the 50% fib and begin wave 3. If all goes well our next target will be 20c , retrace for 4 then 26c for wave 5
UPDATED TRXETH Delivering Smiles@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too short of a focus here. This recent uptrend actually started further back on 1.16.18 and now we can see this retracement falling towards both the 618 fib ret and another support/resistance level reconfirmed multiple times since 1.13.18. Without having a weathered pulse on TRXETH with how young the project is, and being newer to the crypto TA space, I'm still working on a TA algorithm for TRXETH. Any insight would be appreciated!
TRX Delivering SmilesLet's review TRX for 1.18.18... The US East Coast woke up to the completion of a 5 step elliott wave at 7:15 this morning. Within 4 hours, the Elliot ABC retracement had run its course and set us up nicely with a cypher pattern that meets all necessary criteria... ie the A leg hitting the 618 fib ret and the B leg hitting the 127 fib ext... TRX is now on it's way upward to the .0001ETH mark but it will take a few pitstops at the blue dotted resistances that coincide with previous structure, as well as fib ret and fib ext numbers. These pitstops will be at the .000087ETH, .00009ETH and finally .000094 prior to reaching it's goal of .0001, which is the end of this cypher, landing on the 786 fib ext line. We should see this into the evening hours and by the time our friends in Asia are waking up and recognizing a beautifully played out uptrend to build off of.
*This is in no way financial/investment advice. This is intended for educational purposes only.*
TRX/ETH analysis for last 3 months...on upward momentum Floor was 0.00000363, established back in Nov/Dec 2017.
Highest peak was at 0.00031 until its recent price correction down to 0.000052, this is consistent with previous support lines from Dec 16-28 before the spike.
TRX likely appears to be rebounding up to 0.00007805. Next target will be at 0.000161 then 0.000198. 0.000251 will be last resistance before the new breakout above the last peak of 0.000318.
