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TRON

TRX Tron Massive Descending Wedge Potential BreakoutAfter being in a consistent downtrend since December of 2017, trx/btc has come to a crucial crossroads as it encroaches on the 3 year historical resistance line. The case for a break to the upside: 1) Beautiful swooping weekly stoch follow through 2) Local Cup and Handle heading towards completion right at resistance 3) Bullish territory RSI on the daily 4) Re-test and push above the 50ema on the weekly And most importantly, with the entire market being bullish for the past 2 months, TRX may very well be the next to experience its bull run. It's certainly due. That is no guarantee, though...and we don't trade off obligations or hopium. The play here is to wait for a clean breakout of the trendline on the weekly and possible retest before further upward continuation. Or this thing could just shoot a green missile before you blink. Such is crypto right now. This is not financial advice.
Long
by ninjacookies
TRON (TRX) Price to Double in Value? 99% In Profit• In one of my previous statements, I mentioned that there was likely going to be a correction. The correction indeed happened. However, it looks like the asset is bouncing off of MA200 and is not going down to MA65. One of the reasons why this is happening could be the fact that the entire market is recovering right now. So, some assets are climbing up higher than others. TRX is on the slower-moving end. TRX just broke through a newly-formed trendline, and it looks like the rocket is about to shoot up. • On this chart, I indicated major levels of support and resistance. Even if TRON begins climbing all the way up to its previous all-time-high, there will be corrections on the way up. • The overall situation in the market seems promising. So, my expectations would be that TRON will repeat a similar scenario that is now played out by assets like SushiSwap, Fantom, and even XLM. • I’m done for now. I will have one more livestream later today. Thank you for watching this video. If you enjoyed it, consider subscribing to my channel. Perhaps, your trading and investing karma will go up. What goes around comes around.
Long
by IvanKvHere
TRXUSDT going up ?after a ranging retest , now we have a good looking triangle shape on TRXUSDT 4h chart , and we have the kind of same triangle on the RSI indicator price managed to break the upper resistance line of the triangle on both price chart and RSI indicator if it holds it self above the triangle , we can expect a bullish rally up toward 0.11 strong resistance zone we have a daily bearish trend line and a Fibonacci zone there at 0.11 , be careful there THIS IS JUST AN ANALYSIS
Long
by prsapydar
Tron TRXUSD - ATH SOON + Ascending channel- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Huge bullish volume is also one of the positive signs! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:TRXUSDLong
by UnknownUnicorn2537518
14
TRON - 3.5 Year Bullish Wedge Near Completion, Get Ready!TRX isn't on many radars as it has been pretty dormant the past couple years, but long periods of low volatility often lead to powerful spikes. You can see the falling wedge in pink that TRX has been bounded by the past couple years. But Bitcoin's latest surge has brought some life to alts and has TRX knocking on overhead resistance. You can see that the weekly MACD is very bullish as it finds support above the zeroline. Once resistance is broken, I think TRX will go crazy. Barring a BTC collapse, I think Tron is poised for a massive breakout. I know the volatility TRX brings (see Dec 2017), so I'm making sure I'm on this rocket ship before it takes off!
Long
by jpbrown1023
Let's buy TRXUSDT (Tron) TRXUSDT price went up and touched 0.096 last week , after touching that resistance , price made a clear pennant pattern on 4h chart after a good bullish trend which signals continuation of bullish trend In order to value our analysis , look at the RSI indicator RSI was making lower highs as the pennant pattern was shaping . this scenario it self validate our pennant pattern also now we can see that RSI broke it's falling trend line and signals bullish at the same time that price also broke upper trend line of our pennant pattern and had a breakout with all that I can see a good entry point for TRXUSDT here and I think we can see 0.1 for this cryptocurrency THIS IS JUST AN ANALYSIS...
Long
by prsapydar