TRX TRON #TRX CLOSEUP LOOKS VERY SIMILAR TO THE BIG PICTUREI BELIEVE THIS IS MORE OF A 1 AND 2.... JUST LOOKING AT THE INVERTED HEAD AND SHOULDERS COMPLETING THE MOVE RIGHT AFTER THAT WAS A NICE LITTLE BREAKOUT UP 40 PERCENT..... THIS NEXT WAVE SHOULD STOP 5 PERCENT ABOVE ABC CORRECTION AS INDICATED IN OTHER TRXBTC POSTS
WE SHOULD BE SIDEWAY FOR A COUPLE MORE WEEKS OF ACCUMULATION TIME. THAN TO NEXT STOP ON THE ROAD TO 75 CENTS IN 7 MONTHS..... ID JUST ACCUMULATE. BOLLINGERS ARE TIGHTENING AND PRICE ACTION ON BOTTOM WE ONLY CAN GO UP BUT MIGHT SEE SOME SIDEWAYS ACTION BETWEEN THE FIBONACCI LINES
Tronbreakout
TRON TRX Long Term 1000% Potential (HIGH RISK)Tron has phenomenal potential of reaching ATH before summer, however you should be aware that while we are in accumulation stage, we may see drops which may be damaging to those investors who have twitchy fingers and short term investors. We personally will be holding, however you should know that we only hold between 10% - 25% of TRON in our portfolio.
Please understand that this is a HIGH RISK - HIGH REWARD trade scenario. We do not recommend investing too much into TRON if you're a short term - medium term holder/trader.
With that said, TRON has huge potential of bouncing off any of the 4 supports we have highlighted on chart, especially if TRON foundation releases positive news.
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TRON (TRX) 200% Short Term Trade (LOW RISK) - BETA VERSIONThis is a BETA VERSION meaning that this is a rough draft of what targets we have for TRON. We will be releasing full version of TRON chart within hours/days - please be patient as we get everything ready!
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Invest only what you can afford to lose - we are not your financial advisors
TRX potential break out early next week.cloud thinning and long term trend support.
I am not suggesting a retracment to an all time high, but rather im expecting to see an Elliot triangle wave to form which is not detailed here. I will be doing further analysis tomorrow which will include this trend.
Tron TRX Forecast - An Closer Look Helps Paint The FutureFollowing my previous chart which showed Tron's potential, I am now taking a closer look of how the chart should make it's way up in a conservative manner. However I must point out that there is nothing conservative about TRX. When it pumps it pumps hard and when it dumps it dumps harder.
The chart depicts an upward trend following the long-awaited bullish reversal. In order to retrace the prices in a more accurate manner I've decided to omit the swing low (382) and take the next swing low (478) which actually confirms the reversal of trend. I've taken into consideration the chart's bearish trend angle and averaged it to around 30 degrees which in-turn used it to trace the bullish trend pattern.
Since bullish reversal is most likely confirmed I've decided to go for the Elliot's Wave to support my idea. I've labelled the support and resistance levels through multiple Fibonacci retracements and extensions. The process is much more complex but I've decided not to clutter the chart and keep it simple. Chart does not take into consideration BTC's price.
Hope this helps create a clearer picture of TRON's future price.
This is not an investment advice, always do your own research.
TronHmm A pump on the day of the dead intresting.
- We have pushed back above the 4hr moving average after hitting that last fib pretty much perfectly !
- I've invested a good amount into Tron so of course I want it to fuck the moon in the face, but Tron still has a lot of time left to Develope as a company
People that are freaking out shouldnt invest what they cant lose
Crypto's really are the wild wild west of investing, be smart people.