TRON Gains Momentum (New Long-Term Targets, 185% Or More)TRON (TRXBTC) is finally moving and just as I told you...
Once it starts to go, it goes and it goes strong and for long.
Here I am sharing new long-term targets with you...
We are looking at the weekly timeframe.
The next target is sitting at 0.00000399 weekly.
We also have 185% potential long-term and up to 280% based on Fibonacci proportions, you can find the additional targets by scrolling up the chart.
This is all shared for learning and/or entertainment purposes only.
You need a well-developed plan/strategy, and your own research, before you trade.
This is not financial advice.
Thanks a lot for reading.
Namaste.
TRXBTC trade ideas
TRON (TRX) Has Lots Of Room For Growth (Next Target Mapped)TRON (TRXBTC) is now trading above some major EMAs and has plenty of room available for growth.
With prices trading above EMA200 and MA200, the green arrows marked on the chart can easily be followed.
We can see the MACD curving and starting to print a bullish cross, this while staying above the zero line.
The RSI is now sitting at 62 which is very strong.
This pair can easily grow from here for days or weeks... Patience is key.
Previous chart with long-term targets...
TRON Goes For 375%, 760% Followed by 1030%+ | June 7
Remember to hit LIKE.
Namaste.
De-Cypher this one!While playing with some time intervals I stumbled on something looking like a Harmonic pattern. After some research I saw you need point B to close above the 0.618 which it fails to do so but it stays in the golden pocket meaning between 0.618-0.65. Also point C needs to go between 1.272-1.414 but isn't really invalidated if it fails to do so apparently. Then I did some freestyling to calculate the projection. So this is rather an experiment than a technical analysis I would say. If you have experience with harmonic patterns or tried something similar, feel free to comment!
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
Would you look at that... :)Posted about this one a while ago while it was still accumulating. If you wanna hop on a trade and take up the bigger risk now, I would wait to enter/re-enter around 240-260 sats where the new support should have formed now. If it doesn't hold strong, then maybe this is the top. For the immediate immediate short term, like next few hours, we could still get a second test of the ~300 sat level before making a correction. Weekly candles look good on the bigger picture. Take profits.
Want to look at something that hasn't broken out of anything yet, check out RVN. I think it may be gettting ready for a solid move like TRX just showed us. Beautiful. Enjoy your gains. Also, fundamentals don't matter here, remember :)
TRXBTC In Very Tight Range, Could it Break UP Soon?It looks like TRXBTC is getting close to the end of this very tight range it has been in for the last year. IF this breaks up we should see a massive swing in the upside direction. Generally when volatility hits all time lows, like it has for the last year, it eventually breaks free from the low volatility range and volatility will skyrocket back towards all time highs. I also think that there's a very good chance that TRXBTC will break the previous all time high price if it can break up from this range. Not sure EXACTLY when it will break up from this range but I have a feeling it will happen within the next few weeks.
There are alot of fundamental reasons why TRX is superior to BTC, such as faster transaction speeds, free or very cheap transaction fees, a vibrant dapp ecosystem, better development, actual leadership, no selfish miners, larger development/marketing budget, official acquisitions and partnerships, scalability, and several other factors. On the off chance that this breaks DOWN from the range, I think it will only be a temporary and short lived break down, followed by a much larger recovery.
TRON (TRX) Starts To Move | Next Target, Easy Hit!TRON (TRXBTC) has been under-performing for years compared to other altcoins... So it will move big once it starts to go.
I shared for you multiple charts, many reminders with targets... And today we are starting to see momentum build up.
Here is the next target for you mapped short-term.
We have strong volume coming in with bullish indicators (MACD and RSI).
The entire altcoins market is looking really hot and continues to grow. It has been growing for months and the charts are saying that it will keep on growing for years to come.
Namaste.
UPDATE: TRXBTC 40% profit. Hit all our targetsTRXBTC has now hit all of our targets and achieved 40% profit from our second entry.
Our second entry was around 187 satoshis. TRXBTC shortly after our entry broke below the
support trendline and found support to previous level of 170satoshis. Even though our entry was not at the very bottom,
we still achieved our target of 40% profit.
If you guys bought more at the dip, congrats.
I still believe there is more room for TRXBTC.
For now, enjoy with good profit.
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