TRON to BULL? (Visual only Demo)Market looks near ready for bull run, safer to wait for confirmation of MA line crossover.
Still safe zone to buy in and HODL imo, or day trade market on leverage via bitmex & other platforms.
Swing trade market on lower timeframes, e.g. 4 hour & look for breakout patterns.
Idea for educational purposes, trade at your own risk.
Example of Breakout Pattern;
Tronbtc
TRX HUGE LONG OPPORTUNITY!! BUY NOW, PROFIT LATER!!TRX has broken the falling wedge with a strong momentum.
Look for my major targets up to temporary resistance.
Short Term Trade, Will Update After Targets Hit.
Entry: 195-200 sats
Target 1: 209 sats
Target 2: 217 sats
Target 3: 231 sats
Target 4: 272 sats
FOLLOW ME, YOU WILL LEARN::
WE DONT HIT STOP LOSSES, WE HIT TARGETS !!
LL <3 XSR
Say no to centrally-monetized entertaiment with Tron.Tron, with actual rank #11 at CMC, is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. Tronix can be used by content consumers to pay for the content they want to access. These coins would then go to the content producers’ accounts, where they can be exchanged to other cryptocurrencies, or can be used to pay for blockchain services.
With many developers from the Jack Ma-led Alibaba group joining Tron's development team in late 2017, there are rumors that a partnership between Tron and Alibaba may be in the works. It will be interesting to see how Tron evolves to meet these expectations.
It's the late Saturday here and I decided to bring you something more at daily chart .
In a recent price action history, through the majority of lowcap altcoins, I spotted some signs of reversal evidence / not only in Tronix/ .
These are the most important of them, to me :
- Doubble botttom is strong reversal bullish pattern.
- One, of the best social marketing by CEO Justin Sun.
- Downtrend along 2 years , while 2 death crossses and 1 gold cross occured with the same downtarget percentage /=now mean turn for the golden, logically /
-Daily and Weekly morning Doji / while Monthly forming /
- Q4 EOY hype and potential FOMO + a beggining of alt seasson in December 2019.
Threats:
- Higher cap altcoins like Tron, Ripple and Cardano, like to do quick,huge spikes, which often further led to strong price refuses .
- Bitcoin has space to plummet even more in Q4, before the preHalving hype starts.
- It looks like very early stage to proclaim that Tron bottomed / still weak daily volumes below average, not above daily 50 ,etc.. /
- Tron do not really print a SOLID higher high yet.
*This is not a financial or investment advice. Never trade/invest, by my personal ideas.
TRXZ19 TRON bullish breakout ?TRX bounce from 181 sats strong support. TRX was farmed HL formation at 183 sats. Finished ABC correction.
Price action above EMA 21,50,100,200 periods, Uptrend. Potential retest double bottom at 210 sats.
Volume: confirm bullish price action.
Pattern: ABC correction , Symetrical Triangle.
Indicators: MACD bullish crossover above zero line. RSI above 50 points. Bullish sign.
S/R: support 180, major support at 166 sats. Resistance at 200 psychology, Major Resistance 210 double top.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
TRON: Wring money out of the thin air!Hi, Traders ! Monfex is at your service !
TRON (TRX) shoves off the long-term consolidation buying area. Mid-term target is $0.04!
* TRX network is expanding with a number of accounts on the TRON network rising beyond 3.8 mln.
* Crypto Service Provider BitGo announced its plans to include Tron on its platform by November 2019. The announcement, which appeared on Medium, stated that by the end of November 2019, the integration of Tron shall be completed.
* Technically, TRX is forming up in a new bullish wave. So far, it needs to break $0.0190 to open up the ample room for growth to $0.0400.
* Furthermore, TRX has recently accomplished the major Fib market cycle phase; now, the door is open for the next cycle (UP) that could last a sustainable 10 months.
Active trade signal
Buy @ $0.0120 - $0.0170.
Target: $0.04.
Stop-loss: $0.0109.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Tron's global mission and goal is to eliminate intermediaries beThe sloping white line keeps the growth trend, 4 touches are visible on the story.
18 days of growth is now perhaps the correction is close.
Below a little more about the project threw thoughts:
Tron's global mission and goal is to eliminate intermediaries between content producers and content consumers.
I’ll try to explain this in my own words on the example of Appstore, Google play, Youtube, platforms that essentially do nothing, just placing the content of producers on their resources for content consumers and not making decent amounts of money on it when the author himself, the producer of the same content receives only a miserable commission at the same time for his work.
The Tron project tells us - stop it! We will now develop a certain ecosystem in which the content owner (game developer, video blogger, etc.) will receive money for its consumption directly from the consumer of this content, in other words from the user, bypassing all the snickering and lazy intermediaries. In general, Tron will have video hosting and a social network where there is its own internal digital currency. That is, in their system, everything will be essentially decentralized, without a central owner, and each will be the owner of his content, he will profit from his content, and profit from distributed applications working on this content, social. networks, video games, author reward system and so on and so forth. Also, rewards will be paid for the manifestation of activities, likes, comments, reposts, etc.
The idea is cool in itself, and truly revolutionary. But, as always there is a fly in the ointment, this is the protocol itself, which essentially depersonalizes the content and is capable of violating all copyrights in the classical economy, making essentially the person who reposted the author of this content, which is not legally correct to say the least . It is precisely this inconsistency of the discrepancy between the project plan and the current legal law that is the main risk of this coin.
If the Tron team has successes, and they can still solve the main dilemma of this very legal discrepancy, then this project can grow at times and it’s nice to please all its investors.
Tron is definitely the project for which it makes sense to observe and track all the top news!
TRX - Range ConsolidationI will build a strategy already from the exit from the range indicated on the chat
According to cluster analysis, sales have prevailed over the past three days. Was it profit taking or a short set?
Think for yourself? and share your opinion
TRX potential to continue uptrendTron hit all targets sisnce last post giving 18% profit (multiplied by your leverage). Now accumulates around 190. Strong resistance very close above at 195. Next coming at 203-204. Falling below current support will cause it lose momentum and fall down to ~175.
Last post: Important resistance levels are at 183 - 194 and 200
TRON - $TRX - Are you ready for the next leg higher? We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher?
Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom.
Breakthrough that rising channel
Movering towards 223 sats
I believe that there is still more upside ahead! The potential on this one is huge!
We closed above (weekly chart) 170 satoshi! A great signal!
We here go
#TRXBTC #TRON $TRX #CRYPTO @justinsuntron
TRON : Things always come in threes..Hello traders,
While Bitcoin is showing signs of weakness ...
... some alts like BINANCE:TRXBTC give really strong bullish signals.
Here I used my Heikin Ashi Swing Trading Indicator on the weekly.
The last two buy signals in this setup have been followed by insane rallies in the past, and don't we say things always come in threes?
But staying in the weekly timeframe is a bit boring... I mean it's great for some swing trades but we don't have time right?
Let's dive in the 5 minute timeframe for some scalping !
Using my Scalping Bot Indicator , we've been able to make some quick profits already.
Here are the results!
> Start using my indicators for either swing trading or scalping, manually or automated ! <
Indicators used:
Tron/btc macro longI like the state if the market and a nice bullish divergence on the Daily RSI.
Very good Risk vs Reward. I think its a horrible project tbh, no faith In them at all... but if they can give me more BTC.. I DONT CARE!!
Tron Double Bottom In ??Double Bottom Pattern is detected in PUMP and DUMP coin Tron!!
Will it show a positive impact ??
For Risk Takers only
Buy @ 158-160
Sell @ 172 or lower as per your risk
Stoploss @ 152 or lower
One Simple Reason To NOT BUY Tron Yet...Sometimes trading/investing is difficult, other times it's as simple as one thing on a chart.
With Tron right now, it's clearly still in it's downtrend so if you're looking for a safe buy time, keep an eye on this!
This is also nearly identical to my Ripple chart currently as well.
Remember, "The trend is your friend!"
Make sure to follow me for more Crypto and Forex charts!
Feel free to leave a comment below as well but please be kind in any comments with a focus on all of us growing together!
After all, we're all here to learn and make money right?