TRX PossibilityTRX Update:
I think we saw a pretty classic 1-5 Elliot wave pattern, followed by an ABC correction. After that point, we had a HUGE 4 hour buy candle, which looks to have formed a bull flag. This bull flag is looking to have a decision point coming up, whether that be up or down from the apex. If it's up, and volume increases drastically, there could be the possibility that the vertical 4 hour candle could be the start of a new 1-5 EW pattern, which means the apex of the bullflag could represent the 2 wave being put in. If this has a chance of being accurate, that would be mean a large wave 3. The MacD just crossed, so we should be looking at a buy pattern, however volume has been very low with TRX right now. This also is pretty normal during bull flags, as they near the apex, so might be due to just that reason.
We'll see what happens, but exciting times ahead for TRX either way, even if this isn't the time!
Tronbtc
TRX sharksSo... I was wondering which of this ones will be the right one..
Of course the resistance on black shows that will be the top... BUT...... we all know where is the limit of tronix.
Anyway, this is for my personal study and it is not mean to be a trading advice.
For the same reason, all comments, suggestions, corrections, teachings, opinions, ideas, feedbacks, etc. are totally appreciated.
Good Trade
-CJ-
Full Elliot count BULL trap Or expanded Regular flat correction Tricky little Asains setting up these monster bull traps Off the 382 retracement line. Do a retrace from my ending 5th wave. 382 tracement into a MONSTER B wave. WHY? bc you can already know C nomatter the length of B. The higher B goes the more Complex the correction. To grasp fully dissect the first 5 wave move up. exact 1 to 1 extended 3rd..... middle 2.168 and 3.168.Bulls saw it dying loaded up on the 382 Fibonacci line. BLASTED IT TO ALL TIME HIGHS. C Landed exactly on the 1.272 retracement of A wave
TRX breaking out of consolidation, 40% up expected!TRX appears to have broken outside of a consolidation pattern. I am expecting a slight Retracement to the .5, .618, .786 Fib Retracement area on the most recent leg up where I expect it to find an area of buyers. If we stay above the purple trend line, this is a safe entry point with 40% upside potential.
Tron (TRX) Breaking Out (382% Earnings Potential)Tron (TRX), one of the most hyped, famous and active altcoins in the past cryptocurrency market bull run, is trying to breakout now.
Several bullish signals on the charts:
- After going sideways for a while, most of the indicators are starting to turn bullish.
- Both on the daily and weekly charts the indicators show plenty of room for growth.
- The MACD, RSI and DMI are trending up on the 4 hours chart.
Get ready for action.
Here you can find the targets for those already holding this coin:
Targets:
(1) 0.00000724
(2) 0.00000977
(3) 0.00001385
(4) 0.00001676
(5) 0.00002047
(6) 0.00003117
Buy-in: Feel free to buy-in any time you want.
Stop loss: You can use a 10-25% stop loss. This time it is up to you.
Thanks for your continued support.
Namaste.
TRXBTC Bull Trend Will Start According to Tom Demark CountTRXBTC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. Stoch RSI is below middle area and has plenty of room to go upwards.
Here is my trading idea:
Long at: 0.00000525
Take profit1: 0.00000626
Take profit2: 0.00000737
Stop Loss: 0.00000499
TRX TRON Possible Rise - 3rd Wave Formation For a ZOOMED OUT view - see related ideas.
If the last week has been an ABC correction, TRX might go for a 3rd Wave Movement.
An ABCDE correction might still form, making it go back 480 sats. If that happens, we have more waiting to do, unfortunately.
We have two short term resistances to pass right now before going up.
Resistances (short term): 530 and 560 sats.
Support: 480 and 430 sats.
StochRSI on 1DAY candles is looking like it's about to go upwards.
MACD on 6h candles crossed. Waiting on 12h and 1day to cross.
Targets based on Fib Retracement:
Target 1: 680 sats
Target 2: 900 (possibly 1000, cause numbers and what-not)
Target 3: 1200 sats
TRON Key Resistance PointsThe chart says it all.
We need to break key resistance levels marked X, X and get above 50 day MA before we can move higher.
We have strong support marked with green.
Of course for TRON, volume is a must.
For entry & exit points, check/follow the related idea:
Do your own analysis before trading. :)
Tron to 10000 Satoshis 5x all time high history repeating itselfOn a macro scale we are starting wave 3 of 5. With the original 5 wave move to take us to 2000 sats wave 3 4 and 5 were almost simultaneous.
Another option is Wave 3 is like Xrp's....... Still a 700 percent move from the 2 bottom but I want to see my plan come into fruition.
Ask yourself does History repeat itself.
What is another possibility Tron doesnt hit its 1 to 1 extention on wave 3 which its never done. Tron doesnt hit .382 on wave 4 which its never done after a deep retrace for wave 2. Tron doesnt hit 3.168 of wave 1 which its never done.
Quick glance Tron Ethereum pair. Very clear Tron is simply going to blow the fuck up. Wave 3 on a larger scale was ripple end of 2017. Now ripple starting wave 5 on a shorter wave 3 than 1 meaning theortically wave 5 shouldnt be longer. However it is b a very small amount and Ill be interested to see If Ripple hits a 5th wave extention or fits into being the smallest impulse wave. Tron we just dont know yet and its exciting.
Tron needs volume as it pierce's a bull flagTron's wave 2 is a clear bull flag and at the moment we have only just pierced the resistance. $TRX needs a spike in volume to plow through this resistance and to move onto the next. Where will it go? If you take the length of the bull flag pole and start it of from where it pierced the bull flag this is usually a good indicator to where we go next.
This is not financial advice this is just something I do for fun. Constructive criticism is always welcome
C has retraced A of 0.618 so what about E?It looks like this is an ABCDE Triangle playing out but, as you can see by the chart C wave has retraced A 0.618 on the Fibonacci so will this mean E will retrace C of 0.618? If this is the case we could see a nice extended run for $TRX Tron. This will surely kick off wave 3 of 3?
This is not trading advice I only do these charts for fun. Some feedback and constructive criticism is always welcome
Tron Analysis, Wedge Incoming!Today we are taking a look at Tron. Tron is now approaching a falling wedge and should shoot out here very soon! Many coins have been following this recent trend and I am expecting Tron to do the same very soon! I will continue to update this so please follow me to see more. Also like if you agree/comment what you think! Thanks!