Tronbtc
TRXBTC Bittrex 4H up to 02APR18 Trading Analysis (TA)TRXBTC Bittrex 4H up to 02APR18
4H Chart, also works in 1H, at this time the TRON (TRX) once tested RESISTANCE ZONES 4 & 2, is keeping the UP TRENDING LINE (In green) and the RESISTANCE ZONE 1 became into SUPPORT ZONE 3, plus the SUPPORT ZONE 4 became into RESISTANCE ZONE 2, if this pattern keeps positive, taking in account the ascending RSI and the aboout to cross MACD, the SUPPORT ZONE 3 should be the beginning of a new ascending movement to test and break RESISTANCE ZONE 2, if the wind does not blow enough our ship could go back to SUPPORT ZONE 2 for refueling. At this time the Market Cap in hovering over 260 Billions. Good Luck!
4H Chart, también funciona en 1H, en este momento el TRON (TRX) una vez probado RESISTANCE ZONES 4 & 2, esta manteniendo la LÍNEA DE TENDENCIA ASCENDENTE (En verde) y la RESISTANCE ZONE 1 se convirtió en SUPPORT ZONE 3, ademas la SUPPORT ZONE 4 se convirtió en RESISTANCE ZONE 2, si este patrón se mantiene positivo, teniendo en cuenta el RSI ascendente y el MACD con intenciones de cruzarse, la SUPPORT ZONE 3 debería ser el comienzo de un nuevo movimiento ascendente para probar y romper RESISTANCE ZONE 2, si el viento no sopla lo suficiente, nuestro barco podría necesitar regresar a la SUPPORT ZONE 2 para reabastecimiento. En este momento, Market Cap se mantiene por encima de los 260 Billones. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
TRON Trading Opportunity, Increase your position before launchSignals:
TRX/BTC showing signs of strength, high volume on top 5 exchanges.
RSI nearing 70
Stoch RSI tapering off
What you should do
Risky: Sell under the 0.786 retrace, or at 452 satoshis, and buy back in at support of around 390 satoshis
Safe: Sell at resistance of 403, at 0.5 retrace, buy back in at support of 390 satoshis.
Alernative: Ride the wave and sell during or after test-net pump at 514 sat target.
Reasoning:
This gamble can likely increase your TRX position by around 10% while you wait for the test-net pump
Please criticize me so I can improve my technical analysis. Thank you
TRON - 618 FIB level hit Hi guys
So we have hit the 618 FIB level for TRON... we need a breakout now over the blue line otherwise we will see further correction down to the 786 level
However with the price of Bitcoin set to hit 6k... I think fruther correction is coming for TRON
As always.. do your own research!
Lets hope TRON(TRX) doesn't brush the dust off its shoulderpeople say you can see whatever you want to in a chart......this just so happens to be what i see.
I have just started playing with elliot waves so it may be eschewed.......
but...if this is right, then the right shoulder will be the suckers rally
Good luck Sirs, Madams, Attack Helicopters, feel free to constructively criticize
as allways
*NOT FINANCIAL ADVICE*DON'T RISK WHAT YOU CANT AFFORD TO LOSE*THIS IS CRYPTO ANYTHING CAN HAPPEN*
XOXOXO
Crazy 4.236 extention takes us all the way to all time highWe are Uber bullish on Tron right now.... Possibly done with Abc correction but time frame is fast... Bounced directly off the 236 which is rare on 15 percent on wave 2.... if we are not done we will break yellow line and travel down to the 382 to 65 region.
Tron next moves as expected after previous awesome TATron is increasing as we saw it broke it's bearish trend line and here's we gonna get a soon.
1 confirmation when the pink line will pass through blue.
2nd another confirmation will be when the orange line will cross the light blue line.
3rd another confirmation can be when it will enter in ichimoku's cloud and will cross it then we can see a clear breakout of TRON .
Almost everything is confirmed and still bullish . RSI , MACD , CCI confirming everything no need to say anything over that.
Targets:
1st Target : 750sats
2nd Target : 1123sats
3rd Target : 1500sats
No Stop Losses
I will keep you updates on TRON .
Even major impact will be on 31st March on test net release we will be seeing it to go on 2000 satoshi's
Remember i am not your financial advisor so be careful with your own stuff only put that money which you can afford to lose. and there are no stop loss cause buy and HODL
Maybe we can see an Elliot wave on same levels or on bigger levels nearby. And if you also wants to see Tron to go to 2000 satoshi's then hit like or agree and hold till the moon. Like = Preys for Tron now.
And wait till 31st march of TestNet Launch.
TRON is following exactly as we expected and told in previous TA. Follow for more awesome TA's
Tron looking strong, does it have what it takes to hold?Tron has looked very bullish as of late, but will it continue its pattern? Thats what we are here to figure out. Based on altcoins and MACD lines I believe Tron is dropping down again very soon. It is gradually starting to lose momentum and looks to me that it will drop below the trend line in my opinion sadly. Thus far Tron has held and hopefully can continue! Only time will tell the answer. I will continue to update this so please follow to see more in the future! Also leave a like if you agree/enjoyed as well as comment what you think! Thank you! This is for educational purposes only.
TRON TRX ON MAJOR BULL RUN - TEST NET - COIN BURN - MAIN NET - LTron TRX is on a major Bull Run potential. I would recommend for everyone to forget about there short term targets and just stay in for long term. If you've been in the game for a long time, then do profit sells and refills along the way as you see MACD crossovers on 4H charts which is one of the best ways to track short term price corrections and retractions. With that said I guess you already figured that we personally will be staying in TRON TRX for a long time because potential for it is huge and with successful Test Net launch, current price valuation will be massively undervalued. Let me highlight 'successful' Test Net launch. That means that if something does go wrong with that release we may see price retraction in short term.
MACD still indicates ways to go, RSI indicates short term re-tracement at least to our RSI support area indicated on chart.
Members will receive more updated on this trade and when to buy or sell.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Back up the Brinks Truck. Trx shuttle about to take offAfter a long last 2.5 months, tron has finally crept out of hibernation. For all of those out there spreading FUD pretending to know everything about alt coins and the market, please shut up. The whole market is crashing and all I've heard for almost 3 months is about how a coin with no real world product can't hold up to the correction. Well these people have no vision. Tron has an amazing team of developers and a detailed roadmap to solve a real world problem. This is a long term coin. The white paper itself said its a 10 year project. I'm holding for at least half of that. I may short some of my positions and re enter when the time is right, but that is not right now. TRX is still going up. WAAAAAAAAY up.
Technicals:
- trading above all 3 sma's; seems to be using the 50 sma as a support
- The price has been testing the upper and lower limits of the new trend lines
- Volume is waaaay up even during times where trx is not normally traded
- Once it finally broke the 585 resistance level it is now testing and retesting the 650-670 resistance level
- When trx finally breaks this level there isn't much resistance keeping it from going up to 748 ish
- The testnet launch, and coinburn are in less than 36 hours so keep a close eye on these support and resistance level i have above in turquois.
Tron target area still 650-690 Hi guys
Like I have been saying over the past few days my target is still 650-690..
Once we hit that it will most probably be around the 31st of March when test net is released. I think there will be a big sell off at this point personally but don't take my word for it.
This is not advice, this is just my personal opinion so follow at your own risk.
Thanks
TRX Ascending to the MoonGreat Trade forming in TRON - textbook ascending triangle. We could see a bounce off the rising support which could give a great buy zone or trade the break.
I expect we'll see some significant growth as long as Tron and Justin Sun are flexin their TestNet Launch. I haven't looked to deeply into the fundamentals behind it so I can't say if it's hype or value, but its hard to ignore all the hate over Twitter. If anyone has some knowledge about it, I would love to hear:)
#TRON #TRX - Short term target of 590 satsHi guys
The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line.
Overall we are on the way to target of 640. On the 31st test net is released and who knows?