TRXUSD trade ideas
TRXUSD Is this a Cup pattern?
I think TRXis completing the Cup and Handle Pattern (Completing the handle now).
Considering the BTC further correction and its influence on TRX, (and also the fact that the last wave's structure is still incomplete) we should still expect a further correction for TRX.
In the end, TRX looks very good in the long run, with the promise of reaching 6.8$.
Tron Long-term analysis from February (update)This is TRON (TRX)/USD. I made this chart back in February to highlight the fact that Tron had broken out of a 3 year resistance. It has played out really well as far as my predictions from an Elliot Wave perspective.. however, TRON exceeded my expectations and reached near-term goals MUCH faster than anticipated. Way to go TRONICS! TRX to the moon. If you love Tron check out my show Cosmic Crypto on Youtube and watch Episode 4- All aboard the Tron Train!
TRX | looks like Longif it breaks the line, we are gonna have a great Long!
if not... i wonder how is it gonna loose!
TRXUSD: A mid-term weekly logarithmic channel?1. Weekly wave counting has been done Productively & not Reactively. Yes! It is only a suppositional future possibility.
2. Basis? Market Phases & Cycles:
- Accumulation
- Distribution
- Re-accumulation/Re-distribution
- Market UP
- Market DOWN
3. The mid-term newly weekly channel formed seems to be credible as another proof to the Elliot.
4. When the 5th wave is completed, then a sharp -80% downturn is expected.
5. Vertical Lines of the past cannot be necessarily repeated and are just a proximation of suppositional future time intervals. They can be illustrated using Gann Tool which is far more powerful.
6. Sometimes we need to be Reactive while other times we have to be Productive. There is no black & white or a single Boolean approach to say that this is absolutely true or false to be addressed.
7. The market has shrunk more than 27% some 500 BUSD which is signaling that a serious bearish season is ahead. The question is: where is all the money sucked out now?!
This is by no means a financial advice and it is not neither a prescription to buy, hold, or sell anything.
TRXUSD: Short it (15 m)Short it toward 0.109 USD (-3.30%). Do not forget stop loss & do not leverage it too much.
Not a financial advice.
TRX in a strong demand rangeThe right opportunity to buy has arisen
With risk management, you can enter into a good deal
TRXUSD BUY/HOLD #BLESSEDPIPS After a strong sell to start the week, the cryptos now look like they are ready for the next bull run.
TRXUSD is one of the best pairs a see with a long term consolidation period that it is ready to break out above previous ATH. (All Time High)
BUY/HOLD from this entry.
#BLESSEDPIPS
TRXUSD.. READ MY POST!!Congrats to those who followed my analysis. The trade eventually broke out below, we will see some downtrend movement throughout today!.
Why haven't you click the follow button? We not beefing!! Like, comment and stay safe.
TRXUSD: Where in longer term we are looking at?The Chart is LOGARITHMIC. For those of my dear followers who might be less familiar with Exponential & Logarithmic Functions in Mathematics, you would better know that this is going to work. Inversion of an Exponential Function is Logarithmic & vice versa.
What is really the use of such math in the real world?
* Logarithmic Scale is used when: Price Growth is Fast & more then 100%. That is why we use such scale. Logarithmic Charts are used to during Both Bearish & Bullish runs only if Changes are happening fast.
Learn more about them by searching through the web & the youtube.
Now on the Logarithmic Chart for Tron we can see it long haul targets. One might say these targets are crazy & to the moon targets! Yes! They are to the moon targets with no doubt. You need to learn more how on earth such targets are deemed possible?! Right?
Just Do It. Buckle up and start working with Logarithmic charts.
Different time frames have different Rises & Falls. Please set Proportionated Targets which you find satisfactory. Think which time frame suits my Time & Profitability EXPECTATIONS.
This is for learning purposes only & is not a financial advice.
Best of trades.
TRX\XRP Update - Turning Point For XRP - Tron Eye's $1.50Just a quick update on the Tron VS XRP situation.
I am long term bullish on XRP so I am going to use this analysis to buy more XRP using profits from TRX.
It's an interesting situation and one that will either prove to be either successful or simply wrong.
The proof will be in the pudding.
Check out the related ideas linked below.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
TRON MONTHLY CHART BLOW OFF PHASE TO BEGIN $1+As promised the monthly chart shows that we are now in the next PRIMARY WAVE 3 impulse which will be explosive and parabolic, as seen in the PRIMARY WAVE 2 correction we had strong accumulation which will give the fuel to see higher prices, with strong wicks to the downside throughout the correction and engulfing green candles of recent months suggest tron is undervalued and will see strong growth ahead with 1$ + prices being reasonable in coming months.
Please like and follow for more!
TRXUSD Observe TRX has broken the upper Trendline on the 1H chart
we can expect a possible bearish movement to around 127-138 of the fibonacci retracement
Currently this is still a risky trade.
