Symetrical Traingle TRX....continuation or no?Symetrical triangle forming off last nights pump, being a symetrical triangle could go either way but if the creeks dont rise its probably a continuation barring BTC peeing in the bed. smart money says never take your eye off bitcoin. although interestingly enough TRX and BTC switched roles lastnight during the pump, TRX led the way and BTC followed which was interesting. Still too early to determine which way this thing is gonna go but im gonna try to get a swing in around the 360 sat level if thing still look promising when it touches the lower support. I'm thinking 5% swing at the least and if it threatens to break up we ride it out, if its not strong at the top sell and buy the bottom of the triangle, if its not strong at the bottom forget about it and walk away with 5%.
As allways
***NOT FINANCIAL ADVICE***DONT RISK WHAT YOU CANT AFFORD TO LOSE***THIS IS CRYPTO ANYTHING CAN HAPPEN***DONT EVER FOLLOW BLINDLY, NOT EVEN SATOSHI HIM/HERSELF***DO YOUR OWN RESEARCH***
Tronbtc
Not a very good week for TRX.The RSI is showing a massively overbought state due to the fakeout in BTCUSD 0.75% .
I believe we are only a week away if that from TRX 2.94% true, final bottom. My belief is that these projections will happen much faster than they show in the chart. This is Crypto, afterall.
First target buy zone is around 325.
Second is at 309.
The final bottom for TRX 2.94% should be somewhere around 300 sats 0.31% . We should stay in the trading channel between 300 and 350.
Ladder in, ladder out.
As always,
Haters gonna hate until they see Crypto's fate.
It may not happen on this date so don't trade the bait. Do your own research. Good luck and happy trading
#TRX #TRON Target of 0.00000400 followed by 0.00000433Hey guys! So TRON broke out of the triangle and this signals an uptrend! I have set targets of 0.00000400 for WAVE 3 and onwards to 0.00000433 for WAVE 5 after a retrace.
Let me know what you guys think and give us a follow/thumbs up if you agree :)
TRON Falling Wedge Perfect in time for testnet launchSignals:
Tron perfect falling wedge.
Very close to test-net release which can help it break up, not down. This will likely increase volume and push BTC level higher.
RSI oversold
What to do:
Sell positions before or during mainnet pump. Look at 38.2 and 61.9
Does buy the rumor, sell the news apply here?
Sleeping Monster!Hi Peeps,
Tron is having a hard time here and other then the fundamental news supposedly to come it doesn't have anything else supporting it.
Many people asking what is a good price to buy before the news comes out, I don't know the dates of the news maybe you can tell me. However this coin is trending down, we need to appreciate that and currently the next major support is down is .00000358
You will see the 50ema and the 20ema travelling over the top of the price, we have no signals here for an upward move.
In the past we have bounced off higher levels the .00000358 but keep in mind the overall market is getting weaker by the day not stronger. We have no volume or momentum for a break.
Here I would grab a seat on the sidelines and let TRX find its bottom, when this happens I will update you and we can trade this coin. I like it I agree it has massive potential but at the moment stick to other alts that are making us cash.
We currently have a very good success rate on the alts making around 20% per day this is from trading the right set ups and here all I can see is a short.
I have overlaid the fib so you can see we are floating in between the .786 and the bottom but we can go down to .00000358 and this is what the chart says.
Cash Is King! Come join us and make some cash on alts trending in our favour and let this monster sleep. When it wakes up I will be the first to tell you.
Tron short/mid-term projections | 200%+ ROI potentialAn update to my previous idea. Chart is pretty self explanatory. I am using 22% of my BTC to gain a laddering position in Tron starting at 380 and ending at 350. I am not personally using a stop-loss as I am bullish on TRON. Short term I expect a 10-35% increase within the next two weeks. Mid-term I see Tron going up well over 800 sats. Long term I see 5k sats or more.
Still learning how to utilize the tools properly, so my chart may be difficult to understand.
Short term targets:
400
471
505
600
DYOR, this is not financial advice, just an idea from an amateur. I am trying to help spread truth in this market by analyzing what I SEE.
Good luck and happy trading!
TRON TRX on Binance - Positive unless Breaks 1,000% PotentialThis is a Medium Risk trade because we still have potential of breaking out long term support in that ember line.
HUGE EVENTS ON MARCH 31 - MAY 31 WHICH SHOULD MOVE PRICE
Since this is not Ripple XRP which falls on good news, we can expect somewhat of a good price increase here unless that support breaks.
We have Test Net releasing on March 31, followed by Main Net release on May 31 - June 31 since it was sped up by Justin Sun.
Coin burn of Tron is also expected to increase value because supply = demand (If you haven't taken economics 101, just look at Bitcoin as an example)
If you follow me, then I'll keep you updated! Members will also get more detailed updates!
Don't invest what you can't afford to lose. We are not your financial advisors.
TRX/BTC advance main net launching and good buy orders coming...2hour timeframe for TRONIX, giving a good move after the series of three black soldier. Looking at the RSI, and a possible cross will happen if continuously to give a decent trend. As the announcement of thier CEO (Justin Sun) for the advance launching of thier main net on March 31st. So Thier maybe a good possible outcome and make the volume closer high.
Maybe I can buy at the recent price 0.00000414sat and exit at 0.00000440 for short term trade. Tentatively, I can also hold tronix before the main net will be published.
Disclaimer; Please be reminded that ALL information provided above is all tentatively and no assurance. NOT an Investment advise and only intended for educational purposes. DO YOUR OWN RESEARCH...
TRX - Breakout possible, if conditions are favorable.If you check my previous post, the pattern is holding true. This is a slightly downward facing triangle, that currently is squeezing out the last of the sellers before another breakout point. I think this coming breakout point will be more significant, as BTC is stabilizing above 11.5k. Watch the 4 hour charts to see this squeeze a little further until the apex point. The breakout is very likely as it hits the apex, but how the breakout looks will remain to be seen. So far, we've seen a breakout, and then an even smaller right triangle each time, but one of these could give to a new ATH if the volume if 1) the volume is significant enough, and 2) BTC has stabilized. BTC is the driver right now, and if it remains in it's current up-trend, we can expect the alts to continue to suffer until people decide to pull from BTC and invest in the alts. Either way, things still look good for TRX, and we'll just have to wait a bit longer for a meaningful breakout.
Hope doesn't fade awayMorning starts not with coffee...
I'm not sure that the correction was ended, because this a-b-c wave can be in a wave A in bigge r correction.
And I had some thoughts, that 1-2-3-4-5 was a wedge wave or that a-b-c in fact is a deep wave 4 and it's a first wedge wave in global impulse .
In any case we have good hidden divergence , let's stay watching, that will be next.
Keep calm, TRON goes according to planClassic impulse with unusual third wave... Without volumes it would be unreal to understand where the third wave ends, and without MACD - where the fourth wave starts. I hope that it won't go lower than 0.618 level, but fourth wave is always unpredictable, so it can be anything.
To sum up, you can buy TRX just now to have a good 24h-profit , but I don't recommend you to do it, because it's TRON .
TRX-Cup and Handle with potential upside breakoutThe first cup formed and created a small handle which also could be a small cup too. Either way a handle formed and this is trying to break to the upside.
TRX is at a .886 which is always good position to enter for a long hodl. Secondly, TRX cups failed to hit the 1 fib and higher lows are formed.
I entered today 15K units for a long hodl.
TRON [TRX] IS THE TALK OF THE TOWNAs you can see in the chart, a reversal breakout is imminent given the data shown. The current channel resistance is being tested as we speak and most indicators are showing bullish, positive signs of a recovery. In the unlikely case of a negative breakout, the bear signal will only be confirmed if the support at .00000385 is broken considerably. You can also see that I've gone ahead and marked the ABC Elliot Wave correction wave points. I only did this after I counted the impulses going up and corroborated it with EWO_LB indicator used at the bottom of the chart.
TARGETS
• TARGET #1: .00000617
• TARGET #2: .00000763
INDICATORS (some not shown)
• RSI: 49.99 - SHOWING BULLISH MOMENTUM
• VOLUME ENVELOPE: SHOWING BULLISH MOMENTUM.
• STOCHASTIC FAST (14,3,1) : 40.506
• AVERAGE DIRECTIONAL INDEX (14): 23.10
• WILLIAMS PERCENT RANGE (14): -59.49
As always, I recommend for every one to further expand their knowledge and do as much research as possible when investing. These are my own personal opinions and should be considered educational resources rather than financial advice. Good luck out there cryptonauts.
ABOUT TRON
TRON is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks.
WHITEPAPER: o836fhe91.qnssl.com
TRON TRX Breaking Pattern? Possible Moon 10X (LOW RISK)TRON has huge long term potential, but here we will observe short term movement. As you see on chart we have falling wedge like movement which most of the times results in bounce up! With that said it is difficult to correctly estimate how severe movement will be this time.
We know that we expect massive amount of positivity from TRON and Justin Sun with 10X minimum this year in 2018. Short term, we would like to be conservative at estimate 40% price increase however we would still recommend stop losses if you're a short term trader.
Trade qualifies for short term safe trade if stop losses are set at 10%
Members will receive more conclusive analysis on this coin upon request.
Main price movement is expected to come from new partnership announcements in Q1-Q2
Do not invest what you can't afford to lose. We are not your financial advisors, surprise!