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Tronbreakout

TRX long Target .042 - .048 short-mid term Tron continues to show strength and a consistent uptrend since potentially bottoming on Aug 12 - TRX had a strong test of that bottom one month later. Despite the widespread disillusionment surround most crypto projects TRX continues to push forward and infiltrate minds and curiosity. I've been in Crypto since 2013 and It is my strong belief that XRP, OCN (strong ties to Justin Sun) all share similar characteristics in regards to the kinds of retail traders they attract. These traders are greedy & naive towards supply - the notion that large supply amount bought at pennies on the dollar will one day make new retail traders rich AF in the future continue to entice new retail traders into XRP, OCN and TRX. We've seen what happened with the crowd this past month chasing XRP price 200%, as well OCN. TRX has offices in SF and manages to be influential across every geographical location. Most people were under the impression (myself included) that TRX was a giant scam, but the team has continued to grow and demonstrate that they are wholeheartedly trying to build something massive. The big reason for this trade remains, the greed, stupidity and irrational price chasing plebs will do once this asset breaks out. The size of the various social media channels guarantees a word of mouth network that is explosive once engaged. From a TA perspective, .02130 is strong support and a crucial zone to hold. .02802 remains resistance, it's been tested once any break out with velocity above this range will spark a retail stampede like OCN, and XRP had these past few weeks. TRX has demonstrated rapid price expansion in it's past regarding full fomo breakouts. TRX long Target .042 - .048 short to mid term expectations.
BITFINEX:TRXUSDLong
by Trader_1918
4
TRON: BITTORRENT ACQUIRED & VM LAUNCH - PROFIT = 12.14% !!!Our  "Crypto Bottom" Trade Indicator  has correctly identified a buy in point on the  24th of July 2018 .  Using this buy in point and selling at today's current price you would have expected to  net 12.14% PROFIT!!!  The increase in price may also be explained by positive developments including:  14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developers.  21 April: TRON airdrops 30M TRX -0.54% Ethereum 0.72% holders.  24 April: TRON starts trading on Bittrex.  8 May: TRON Mainnet Odyssey-v.1.0.6 is released.  9 May: TRON announces that they have more than 1.08 million users.  10 May: TRON announces that their 30 Million TRX -0.54% Token Airdrop is Complete.  12 May: TRON announces that will be launch TronVM v.0.1 on the 25th May. This version will be fully compatible with the Ethereum 0.72% VM allowing Ethereum 0.72% developers to use an adapter to migrate seamlessly from Ethereum 0.72% dApp projects to TRON.  May 14: TRX -0.54% ranked first in code submissions in the last seven days, last 30 days, last 60 days  (NEW) May 18: Tronscan V2 explorer is released that offers a brand new design, the possibility to search on our blockchain & get a snapshot of its development, vote & follow the activity of the Super Representative candidates.  May 31: TRON announces launch of Mainnet.  June 1: TRON announces USD$10 million bug bounty program.  June 2: CTO Lucien Chen: “By adopting an enhanced DPoS consensus mechanism - TPoS - TRON TPS (transactions per second) is several hundred times of that of Ethereum 0.72% .  June 3: IndoDax lists TRON ( TRX -0.54% ) and allows trading via $TRX/$Rp pairs. This follows TRON's expansion into Indonesia.  une 7: TRON announces Partnership with Shift Markets. Shift has been helping with the launch of over 100 FX brokers and over 50 crypto exchanges in the past decade. With this partnership, TRX -0.54% will be bridging the gap between traditional fiat currencies and cryptocurrencies. This will also increase its liquidity not only the crypto-markets, but also the traditional Forex markets that deal with global currencies. TRON will now be offered by a total of 9 brokers in 9 different countries.  June 11: Binance adds TRX/USDT trading pair and announces support for TRON mainnet swap.  June 12: Ledger (makers of the Ledger Nano 0.32% S cryptocurrency wallet) announce intention to support TRX -0.54% on their wallets.  June 12: Trade Satoshi lists TRON.  June 14: TRON notes that 25 cryptocurrency exchanges will be supporting the TRON Migration of June 24.  June 14: TronWallet an open source crypto wallet gets released.  June 18: Justin Sun acquires BitTorrent for $140 million. It is assumed that TRON, the digital cryptocurrency will be used to power the file-sharing app rewarding users for partaking in various activities similar to how Upfiring aims to utilise the blockchain for P2P file sharing. July 19: Nano Ledger S adds support for Tron. July 22: Changelly adds support for Tron. (NEW) July 25: Tron Foundation Officially Completes Acquisition of BitTorrent (NEW) July 27: Justin Sun announces that Tron Virtual Machine Testnet will be launced by the end of the month. The general uptrend in the crypto markets as well as the positive developments outline above - in particular the purchase of Bittorrent and the potential addition of 170 million users to the TRON blockchain.  ***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
#TRON #Crypto When Will Bulls Take Over?!Hi guys, Today I have brought you TRXUSD in the 4 hour chart. TRX also made a move higher the recent days. With the move higher it was able to clear some important trendlines to the upside, those breaks can be important for a possible rally to the upside. Indeed I think at this moment that Tron has a big potential to reverse higher in the coming days weeks or month however you want to call it. It is sitting at an important level where bulls can take it over. But for this view we still need some time for a confirmation. I have drawn you 2 possible scenarios in the chart above. I am looking at any of them. But important to mention is that in case it breaks for any reason the 0.031080 lows, then this analysis will be invalid and we can still see more downside. But lets wait for now and see what TRON will do in the coming days. Also Tron will reveal some important news in another 10 days. (TVM) Lets see. Hope this helps. Cheers and trade with care Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
BITFINEX:TRXUSDLong
by TradeFxTrends
TRON IN DOWNWARD WEDGE PATTERN - CryptoManiac101Here we have TRON in a downtrend wedge which usually breaks upward, however since we have a probability of continuous drop to our demand zone, we must be cautious with this one. News, releases don't matter right now to this market, so don't get your hopes up based solely on that. Patterns don't follow news or FUD. Be patient, TRON will bring prosperity to us if not in this cycle, maybe in next one which will be starting towards August. As of right now, indicators are bullish, but SL might be necessary for short term or risk minimizing investors! Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors. Here's our previous TRON chart with butterfly patterns which was 100% correct
Long
by CryptoManiac101
9
Tron about to M O O NHello everyone. It's been a while ;) Welcome to the analysis of my favorite holding, Tron. We've been in a slump ever since May 26th - RIGHT before the Main Net release. We are forming a Bullish descending wedge. The structure is becoming very tight and a breakout up or down is imminent. Considering this is a bullish formation, I believe we're headed UP UP UP. The RSI is in oversold territory but recently formed bullish divergence about a week ago. This is an indicator of potential reversal. The MACD also shows bullish divergence. Although it is currently curling down, data suggests this will not last long. Buy-in targets: 525 500 475 Profit targets: 578 726 846 1038 S/L 460 This is not financial advice. Good luck :)
Long
by deactivatedaccount123
40
TRON: JUSTIN SON BUYS OUT BITTORRENT??? - PROFIT = 21.67% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 21.67% PROFIT!!! The increase in price may also be explained by positive developments including: 14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developers. 21 April: TRON airdrops 30M TRX Ethereum holders. 24 April: TRON starts trading on Bittrex. 8 May: TRON Mainnet Odyssey-v.1.0.6 is released. 9 May: TRON announces that they have more than 1.08 million users. 10 May: TRON announces that their 30 Million TRX Token Airdrop is Complete. 12 May: TRON announces that will be launch TronVM v.0.1 on the 25th May. This version will be fully compatible with the Ethereum VM allowing Ethereum developers to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON. (NEW) May 14: TRX ranked first in code submissions in the last seven days, last 30 days, last 60 days (NEW) May 18: Tronscan V2 explorer is released that offers a brand new design, the possibility to search on our blockchain & get a snapshot of its development, vote & follow the activity of the Super Representative candidates. (NEW) May 31: TRON announces launch of Mainnet. (NEW) June 1: TRON announces USD$10 million bug bounty program. (NEW) June 2: CTO Lucien Chen: “By adopting an enhanced DPoS consensus mechanism - TPoS - TRON TPS (transactions per second) is several hundred times of that of Ethereum. (NEW) June 3: IndoDax lists TRON (TRX) and allows trading via $TRX/$Rp pairs. This follows TRON's expansion into Indonesia. (NEW) June 7: TRON announces Partnership with Shift Markets. Shift has been helping with the launch of over 100 FX brokers and over 50 crypto exchanges in the past decade. With this partnership, TRX will be bridging the gap between traditional fiat currencies and cryptocurrencies. This will also increase its liquidity not only the crypto-markets, but also the traditional Forex markets that deal with global currencies. TRON will now be offered by a total of 9 brokers in 9 different countries. (NEW) June 11: Binance adds TRX/USDT trading pair and announces support for TRON mainnet swap. (NEW) June 12: Ledger (makers of the Ledger Nano S cryptocurrency wallet) announce intention to support TRX on their wallets. (NEW) June 12: Trade Satoshi lists TRON. (NEW) June 14: TRON notes that 25 cryptocurrency exchanges will be supporting the TRON Migration of June 24. (NEW) June 14: TronWallet an open source crypto wallet gets released. (NEW) June 18: Justin Sun acquires BitTorrent for $140 million. It is assumed that TRON, the digital cryptocurrency will be used to power the file-sharing app rewarding users for partaking in various activities similar to how Upfiring aims to utilise the blockchain for P2P file sharing. Neither of the companies have official announced what is planned. It is noted that TRON has potentially access to 170 million users. The general uptrend in the crypto markets as well as the positive developments outline above - in particular the purchase of Bittorrent and the potential addition of 170 million users to the TRON blockchain. ***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
1
TRON UPWARD MOMENTUM NEEDED TO BREAK RESISTANCE Hello everyone! TRON needs to break the .0427 resistance in order to have serious upward bullish momentum. Look for any break in the resistance it could potentially mean TRX could go through the roof. TRX has been bouncing up and down in between the support of .0409 and the resistance of .0427 for some time now. Upcoming we are expecting to see a bullish push in the cryptocurrency market relatively soon. If we break through the .0427 support then we will need a while to recover. Thank you for reading! Throw a like if you agree!
BITFINEX:TRXUSD
by Murph22
2
TRON ON REVERSE BUTTERFLY PATTERN? - CryptoManiac101This is a very good investment for long term, not for short term. Market is not stable for Tron currently and if this pattern continues, I see it dropping to new lows which have not been seen for few month now, which is great for those looking for an entry or shorting opportunity in alts. Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
by CryptoManiac101
13
Tron (TRX) Ascending Triangle formed. 10% movement likelyTron is currently in an symmetrical triangle in the 1 hour, looking like we will get a 10% movement either down or up. If we do breakup, it will further confirm our uptrend line as it is somewhere around the 740-760 mark. However, more big news is coming for tron, including three new exchange listings coming up in two days. The founder is currently hyping up the super representatives event that will occur on the 26th, so that may have an influence on the price as voting requires Tron. People who get elected to be a node will receive 32 TRX per second if they generate a block, around 50 million USD will be split between the nodes per year. Next news events: Bitforex listing on June 8, 2018. Three boutique exchanges on June 9, 2018 Super representatives on June 26, 2018 Therefore, we have reason to believe that a breakup is more likely. Buy in: 775 price range Sell targets: 850 satoshi mark Stop loss: 748 satoshi level or higher depending on the risk you wish to take. If this breaks down however, it will likely drop to the 700 satoshi level. Thanks for viewing. Please leave any criticisms in the box below. As for me, I already bought my TRX at 774, and hopefully this movement will happen in the next 24 hours.
Long
by HD1184K
3
Tron in a Pennant Breakout Pattern once Again.Hey, I am back with another Technical Analysis, this time looking again at Tron. It is reported, TRON will launch virtual machine on May 25, mainnet on May 31, token migration on June 21 and the first 27 super representative elections on June 26. Last time TRON has drawn Pennant it looked like this - Pennants are 50/50 bullish or bearish patterns. Currently is RSI looking the same even MACD, can even this Pennant be bearish or bullish? I will keep you updated, I already have position in this Pennant and I hope, this time it will break upwards. That was short about TRON, lets continue looking at Chart. At current chart you can see a pretty run up created from rounding bottom, flag and Ascending Triangle, currently we are in Pennant. 1000 as a strong ressistance. Taking look at Indicators MACD has still some room to fall, in this case you can see that we are on downtrend from 967 but Tron has fall really only to current date only 25 satoshis, which is a good indication in Bearish MACD. RSI is having tight battle to hold on the support level. So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord Channel! Hope I made your view on whats going on with TRON somehow clearer. If you like this Technical Analysis let me know in the comments, Likes are aprreciated, Thanks ! If I see something worth to share on the chart I will surely do an update.
by TiborVrbovsky
2
TRON (TRX) QUICK UPDATE - MUCH TO WATCH FOR IN COMING HOURSThis is a very important zone for TRON as we approach a week long resistance in form or a triangular pattern. I would say that we will break this area easily since I believe in TRON, however I would not put my money on it without a tight tight Stop Loss. I will update this chart as new info comes out or becomes visible. Make sure you're following me to receive latest update. Be safe. Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
BITFINEX:TRXUSDLong
by CryptoManiac101
6
TRON: IMMINENT MAINNET RELEASE = 22.96% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018. Using this buy in point and selling at today's price, you would have expected to net 22.96% PROFIT!!! The increase in price may also be explained by positive developments including: 14 April: TRON launches Project Genesis: a reward pool totaling $2 billion USD and a variety of programs—all for the TRON community and developer 21 April: Bit-Z will support TRON main net migration 21 April: TRON airdrops 30M TRX to Ethereum holders. 22nd April: TRON is the second most active developed cryptocurrency on Github. 24 April: TRON launches TRONSR forum. 24 April: TRON will be listed on Coinbene. 24 April: TRON starts trading on Bittrex. 28 April: TRON is ranked by TokenInsight to be the first in line code submissions and indicator of development activity. 28 April: Bittrex publicises that they will support TRON's Ethereum 1.79% ERC20 token to a new TRON mainnet and blockchain. 1 May: Bitfinex announces that they will be supporting the blockchain upgrade and token swap. 1 May: TRON initiates airdrop of TRON to Ethereum community. 2 May: Coin Tiger (Chinese Exchange) lists TRON. 8 May: TRON Mainnet Odyssey-v.1.0.6 is released. 9 May: TRON announces that they have more than 1.08 million users. 9 May: Binance announces that they will be supporting the blockchain upgrade and token swap. 9 May: Coinrail (Korean Exchange) announces that they will be supporting the blockchain upgrade and token swap. 10 May: TRON announces that their 30 Million TRX Token Airdrop is Complete. 10 May: TRON announces only 21 days until mainnet launch. 10 May: TRON announces that TRX has been accepted as a method of public charity fund-raising by a well-known American charity. 12 May: Coinnest (Korean exchange) announces it will support the TRON blockchain upgrade and Token Swap. 12 May: TRON announces that will be launch TronVM v.0.1 on the 25th May. This version will be fully compatible with the Ethereum VM allowing Ethereum developers to use an adapter to migrate seamlessly from Ethereum dApp projects to TRON. (NEW) May 14: Zebpay (Indian Exchange) lists TRON. (NEW) May 14: TRX ranked first in code submissions in the last seven days, last 30 days, last 60 days (NEW) May 16 : Bitpie Wallet announces it will support TRON blockchain upgrade and token migration, As a new-generation blockchain asset management platform. (NEW) May 18: Tronscan V2 explorer is released that offers a brand new design, the possibility to search on our blockchain & get a snapshot of its development, vote & follow the activity of the Super Representative candidates (NEW) May 19: Rightbtc will support TRON blockchain upgrade and token migration. (NEW) May 19: BixinIM will support TRON blockchain upgrade and token migration. It is also noted that The Tron Main Net is poised to be launched on 31st May 2018 with TRON will be migrating from ERC20 token to TRX starting from 21st June 2018. It is noted that the Super Representative elections will be held on the 26th June 2018 (a Super respresantive is the bookkeeper on the TRON network. The elected number will be a total of 27. They are responsible for verifying the transaction data distributed on the network to perform package transaction and create blocks). An increase is trading volume is driven by Korean and Chinese Exchanges accounting for roughly of all trading volume . ***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
by CryptoTradeSignals
Update by TRONHello everyone, my dear friends and subscribers. I came again with updates on TRON. This time, look at the TRX / USD pair. As we can see, the volume slowly increases, the MACD becomes bullish, the same as the STOCH RSI. Moreover, the last three weeks we have formed a symmetrical triangle, the exit from which will take us to 0.13-0.15 cents. In addition, the minimum was fixed at 0.618 Fibo, and the growth began exactly at 1 in the Fibonacci timeline. I am still optimistic about the coin of TRON. I think we started a wave of 5, about who I wrote in previous ideas. It is also worth noting that bitcoin recently upsets us. And if he decides to go to 7k, the script can change. Well, let's see what happens next! Good luck to all!
BINANCE:TRXUSDLong
by matematik